India’s closing auction has struggled with thin liquidity and amplified price swings.

Trading curbs have contributed to a slump in proprietary trading, according to Bloomberg Markets’ Ashutosh Joshi and Savio Shetty. Savio Shetty reported from Mumbai on Sept. 22, 2026, amid a fourth straight session of declining oil prices. Wall Street’s best day since early August and optimism over Meta’s AI agent were also cited as support for the rally.