"This is the second most important day in world cricket, according to me. The first was in 1994 when the monopoly of Doordarshan came to an end when we won the court case. This opened up the market forces," Bindra told reporters on Wednesday after the second round of players' auction in Mumbai.

"It's a landmark day. I have not seen anything like this before even on a cricket field. It has been amazing and full of drama. I wish it had been telecast live," he said.

Bindra also pointed out that for the first time market forces were determining the worth of a player instead of the selectors.