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Home»Stock Market»Stock market holiday: BSE, NSE will be open tomorrow. What is the special session on Saturday, May 18th?
Stock Market

Stock market holiday: BSE, NSE will be open tomorrow. What is the special session on Saturday, May 18th?

prosperplanetpulse.comBy prosperplanetpulse.comMay 17, 2024No Comments3 Mins Read0 Views
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Stock market session on May 18: National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will hold a special live trading session on May 18 to test readiness and resilience. During the session, there will be an intraday switchover from the primary site to the disaster recovery site across the equity and equity derivatives segments. The special live trading session will be held in two parts. The first session will be from 9:15am to 10am and the second session will be from 11:30am to 12:30pm.

Stock market holiday: Stock indexes shown on display screens at the Bombay Stock Exchange (BSE) building in Mumbai. (PTI)

Bombay Stock Exchange (BSE) has announced that ‘trading members will be offered a special live trading session as the exchange makes an intraday switchover from a Primary Site (PR) to a Disaster Recovery Site (DR) on Saturday, May 18, 2024. ”, in the Equity and Equity Derivatives segment. ”

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This session on BSE and NSE aims to assess participants’ readiness to deal with major disruptions and failures at primary sites, BSE explained.

“All securities (including those for which derivative instruments are available) will have a price band of up to 5%. Securities already in a price band of 2% or less will continue to be subject to their respective price band,” the BSE notification said. It will be available.”

It continues: “The stock segment and futures contract price ranges that apply at the start of the day on the PR site shall also apply on the DR site. Therefore, the reference price range for pre-trading shall also be the same.” Ta. Start a stock segment session on the DR site. ”

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