Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) Special Trading Session Today
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will conduct a special live trading session on May 18 for equity and equity derivative segments. The session, which aims to test the preparedness of these markets in case of significant disruptions or failures at the primary site, will involve an intra-day switch from the primary site to the disaster recovery site.
Key Changes to Note
1.
Trading Timings:
– Primary Session (Cash Market): 9:15 AM – 10:00 AM
– Break: 10:00 AM – 11:15 AM
– Second Session (Disaster Recovery Site): 11:30 AM – 12:30 PM
2.
Circuit Limits:
– All securities will have upper and lower circuit limits of 5%, including stocks traded in the F&O segment. Securities with a 2% upper and lower circuit limit will maintain their 2% limit.
3.
Price Bands:
– All futures contracts will have an operating range of 5%. Unlike normal trading, stocks in the F&O segment and futures contracts will not have flexible price bands during this session; the circuit limit will not be relaxed if hit.
4.
F&O Segment:
– Initial Session: 9:15 AM – 10:00 AM (Primary Site)
– Second Session: 11:45 AM – 12:40 PM (Disaster Recovery Site)
Market Performance on Friday
The Sensex and Nifty closed higher on Friday, driven by gains in major stocks like M&M, Reliance Industries, and ITC. The BSE Sensex rose 253.31 points, or 0.34%, to settle at 73,917.03, while the NSE Nifty advanced 62.25 points, or 0.28%, to close at 22,466.10.
About the Author
This article was written by the HT News Desk, which follows the latest breaking news and developments from India and around the world. Hindustan Times covers a wide range of topics, including politics and policies, the economy and the environment, local issues, national events, and global affairs.
