1 week ago
95
May 07, 2024 05:38 PM IST
The aim of the section is to check preparedness of the segments during a major disruption or failure at the primary site, NSE said.
The National Stock Exchange (NSE) announced that it will be conducting a special live trading session with intra-day switch over from Primary site to Disaster Recovery site. This session will take place on May 18 in equity and equity derivative segments. The aim of the section is to check preparedness of the segments during a major disruption or failure at the primary site, it said. The session will also have intra-day switch over from Primary Site (PR) to Disaster Recovery (DR) site.
The National Stock Exchange of India building in BKC, Mumbai. Read more: Stock market may be falling because of these 4 big reasons. Lok Sabha Elections to blame?
What are the timings of the special NSE session?
NSE said that the session will be conducted in two phases: first will be a 45-minute session starting at 9:15 am and the second will commence at 11:45 am and end at 12:40 pm.
Unlock exclusive access to the latest news on India's general elections, only on the HT App. Download Now! Download Now!
Read more: Bandhan Bank, Canara Bank officers badger employees for not meeting targets, video goes viral: ‘Are you ashamed’. Watch
What will happen during the special NSE session?
During the special session, all securities will have a maximum price band of 5 per cent. This will include those on which derivative products are available.
Read more: Stock market crash: Investors lose ₹5.5 lakh crore as Sensex, Nifty fall today
The securities which are already in the 2 per cent or lower price band will continue to be available in the respective bands, NSE said.
Discover the pivotal moments that shaped India's electoral journey on the Eras section of our exclusive Elections product. Access all content absolutely free on the HT App. Download now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
- ABOUT THE AUTHOR
Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered.
