What is auction market watch?

What is auction market watch?

Auction MarketWatch in FYERS Next is a feature that allows you to monitor stocks that are being traded through the auction market mechanism. Auction market trading occurs when there is a significant imbalance in buy and sell orders for a particular stock. The Auction MarketWatch provides real-time data and insights about these stocks, including indicative equilibrium price, indicative quantity, and indicative buyers/sellers.