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Tuesday, April 23, 2024

Today will be a special trading session on the BSE and NSE

<p><strong>NEW DELHI:</strong> Today’s special trading session in the equities and equity derivative divisions is scheduled by the BSE and NSE. This session’s goal is to assess their readiness to handle significant setbacks or malfunctions at the main location. During the session, there will be an intra-day move from the Primary Site (PR) to the Disaster Recovery (DR) site.<br />
There will be two sections to the unique live trading event.</p>
<p><img decoding=”async” class=”alignnone wp-image-466488″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-today-will-be-a-special-trading-session-on-the-bse-and-nse-108151611.png” alt=”theindiaprint.com today will be a special trading session on the bse and nse 108151611″ width=”1077″ height=”606″ title=”Today will be a special trading session on the BSE and NSE 12″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-today-will-be-a-special-trading-session-on-the-bse-and-nse-108151611.png 400w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-today-will-be-a-special-trading-session-on-the-bse-and-nse-108151611-390×220.png 390w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-today-will-be-a-special-trading-session-on-the-bse-and-nse-108151611-150×84.png 150w” sizes=”(max-width: 1077px) 100vw, 1077px” /></p>
<p>The PR location will host the first session from 9:15 am to 10 am, while the DR site will host the second session from 11:30 am to 12:30 pm.<br />
A five percent upper limit on price will be applied to all securities, including those that include derivative products. Securities that are already trading in the 2% or lower price range, however, will stay accessible in those ranges.<br />
The Securities and Exchange Board of India (SEBI) and its technical advisory committee have been consulted in the planning of the session. Its goal is to assess how prepared market infrastructure organizations, including exchanges, are to deal with unanticipated circumstances that can affect their day-to-day operations.<br />
It also seeks to evaluate these institutions’ capacity to resume activities from the DR location within the allotted period.<br />
In the case of a significant interruption or failure at the main site, switching to the disaster recovery site is standard procedure to guarantee business continuity.</p>

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