Special live trading session on Saturday, March 2, 2024
Special live trading session on Saturday, March 2, 2024 by NSE and BSE in the Equity and F&O (Futures and Options) segments.
Why is there a live session on a Saturday?
SEBI mandates stock exchanges to switch to their Disaster Recovery site in a live session as part of their business continuity plan. This ensures they have a robust backup system in place to maintain smooth operations in case of any disruptions.
This session will be conducted in two parts as mentioned below:
Trading Session I - Live trading from Primary site
| Segment | Market Planned | Open Time | Close Time |
|---|---|---|---|
Equity | Pre- Open Market | 9:00 AM | 9:08 AM |
Equity | Normal Market | 9:15 AM | 10:00 AM |
Equity F&O | Normal Market | 9:15 AM | 10:00 AM |
Trading Session II – Live trading from DR site
| Segment | Market Planned | Open Time | Close Time |
|---|---|---|---|
Equity | Pre- Open Market | 11:15 AM | 11:23 AM |
Equity | Normal Market | 11:30 AM | 12:30 PM |
Equity | Closing Session | 12:40 PM | 12:50 PM |
Equity F&O | Normal Market | 11:30 AM | 12:30 PM |
Please remember the following points while trading on March 2nd:
- All pending orders (open orders) from session 1 will be cancelled before the opening of second trading session. You will need to place all orders again in session 2 which remain unexecuted in session 1. This behavior is similar to trading on two different days
- Intraday orders (MIS, Cover order and Bracket order) will not be allowed for both equity and F&O segment and stop loss orders are not carried forward
- Intraday equity profit, premium received from options sold or MTM Profit on 1st March will not be included in the available funds for special live trading session on 2nd March due to settlement holiday.
- It’s advisable not to sell shares on 2nd March that were purchased on 1st March, since the settlement date of both trading days is 4th March.
- AMO placed on Friday will execute on Saturday
- SIP scheduled for 2nd March will not be executed during the special live trading session.
- For Stockcase and Sipit, SIP orders scheduled on 2nd March will be processed on 4th March. Orders placed during the market hour window on 2nd March will be processed as usual.