Indian Stock Market Updates – Finance Updates
Hello everyone,
Great news for the Indian stock market!
Big changes coming on January 20, 2024.
As per the schedule set by the National Stock Exchange(NSE) and BombayStockExchange (BSE), they are shifting activities from the Primary Site (PR)to the Disaster Recovery Site(DR).
So what’s going on?
This action is the result of extensive discussions with the Technical Advisory Committee and the Securities and Exchange Board of India(SEBI).
This is to ensure that Market Infrastructure Institutions (MIIs) are prepared for any unseen circumstances and that operations from the DR site run smoothly.
Let’s now analyze the day in detail:
First Trading Session:
Deal Window for the Morning Block First Session: 08:45–09:00
Call Auction Illiquid Session 1: 09:30 to 09:45
Trading Session 2:
Pre-Open: 11:15 to 11:23
Normal Market: 11:30 to 12:30
Call Auction Illiquid Session 2: 11:45 to 12:00
Closing Session: 12:40 to 12:50
Trade Modification End Time: 13:00
Important points to note:Morning Block Deal Window Session-1: 08:45 to 09:00
Pre-Open: 09:00 to 09:08
Normal Market: 09:15 to 10:00
Call Auction Illiquid Session 1: 09:30 to 09:45
Trading Session 2:Pre-Open: 11:15 to 11:23
Normal Market: 11:30 to 12:30
Call Auction Illiquid Session 2: 11:45 to 12:00
Closing Session: 12:40 to 12:50
Trade Modification End Time: 13:00
Important points to note:
If you place Any Market Orders (AMO) on Friday, they’ll be processed on Saturday instead of Monday. Regular trading from 9:00 am to 10:00 am. But, from 10:00 am to 11:15am, there’s a pause for servers to switch from PR to DR. No order was placed during this pause. If you try, you’ll get an error message. Orders from Session 1 will be canceled before Session 2 starts. There might be canceled positions between sessions, affecting your Profit/Loss (P/L). Trading resumes from 11:15 am to 12:30 pm as usual, but now from the DR site. Intraday product orders and funds payout requests won’t be processed on Saturday, January 20, 2024. Margin shortfall square-offs for shortage cases. Futures and Options (F&O) segment Physical Delivery Margins align with Monday (25%). Margin Trading Facility (MTF) pledge acceptance is allowed until 8:00 pm.
And here’s the thing – for more personalized details, it’s best to contact your brokerage firm. This info is crucial, and staying on top of it ensures a smooth ride in the Indian stock market.
And here’s the thing: For more information about your personal information, it’s best to contact your brokerage firm.
This information is essential, and staying informed will ensure the smooth development of the Indian stock market.
If you have any questions, please buckle up and contact your brokerage.
Enjoy happy trading!
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Keywords: Indian Stock Market, NSE, BSE, Forex Updates, Market Migration, Disaster Recovery Site, Trading Session Time, AMO Orders, User Impact, Trading Activity, Intraday Product Orders, Cash Withdrawal Requests, Evidence Gold Deficit, F&O Segment, Acceptance of MTF Pledge, Market Stability, SEBI, Technical Advisory Board, Business Continuity, Investor Interests.
For any questions or further information, contact your brokerage firm to stay updated on the Indian stock market landscape.