The Indian equity market will be opened on Saturday, March 02. The exchanges will be conducting a special trading session to switch from the primary site to the disaster recovery site.
The capital market and F&O segment will be traded in two sessions. The first session will be conducted from the primary site itself then will be changed to the DR site in the second session.
The first trading session’s timing for the capital market will be that the morning block deal window will open at 0845 IST and will close at 0900 IST, which will be followed by pre-open at 0900 IST. The pre-open will close at 0908 IST. The normal market will open at its usual time of 0915 IST but will close at 1000 IST. The capital market’s call auction illiquid’s first session will open at 0930 IST and will close at 0945 IST.
Bilasipara – Guwahati Road, Bihta airport’s new civil enclave among infra projects evaluated under PM GatiShakti – Details inside Market rally leads to higher regulatory fees for stock exchanges Tax clearance certificate for foreign travel ‘not for all’: CBDT Madhabi Puri Buch says Hindenburg served show cause notice for many violations; report an attempt to attack SEBI’s credibility
After this, the bourses will switch to the DR site and conduct the second trading session. The capital market’s trading timing from the DR site follows as such:
Pre-Open open time 11:15 hrs
Pre-Open close time * 11:23 hrs
Normal Market open time 11:30 hrs
Call Auction Illiquid session 2 open time 11:45 hrs
Call Auction Illiquid session 2 close time * 12:00 hrs
Normal Market close time 12:30 hrs
Closing Session open time 12:40 hrs
Closing Session close time 12:50 hrs
Trade Modification end time 13:00 hrs
Similarly, the F&O segment will be traded in two different sessions. The first session will be conducted from the primary site and the second session from the DR site. The F&O market will in the first session will open at 0915 IST and will close at 1000 IST. Then, the second session will be conducted from the DR site and the F&O segment will open at 1130 IST and will close at 1230 IST. The trade modification will take place at 1240 IST.
A price band of 5% has been set up for all securities, including those on which derivative products are available, according to a press release by the exchange. The securities that are already in the band of 2% or lower will continue to be in the respective bands. All these changes are just for the special trading session and will be switched back to normal after that.
“Members are requested to note that Exchange shall be conducting a special live trading session with the intra-day switch over from Primary site to Disaster Recovery site on Saturday, March 02, 2024, in Equity and Equity Derivatives segments,” read the exchange’s notification.