Produced by: Tarun Mishra Designed by: Manoj Kumar
Stock exchanges BSE and NSE are gearing up for a special live trading session on January 20. This session includes an intra-day switchover from the primary site to the disaster recovery site.
The trading hours for live trading from the primary site will be from 9:15 to 10 am, followed by a switch to the disaster recovery site from 11:30 am to 12:30 pm.
Securities, including those with futures and options contracts, will have upper and lower circuit limits set at 5 per cent. Stocks with existing 2 per cent limits will maintain that limit during this special session.
Traders are advised to note the different trading dynamics on Saturday due to the shorter time frame and the truncated nature of the session. Volatility may be limited, with a daily operating range restricted to 5 per cent for all stocks and derivatives.
Pending orders from the first session will be flushed out before the start of the second session. Pre-open sessions for the first and second sessions will occur between 9 am and 9:08 am, and 11:15 am and 11:23 am, respectively.
Brokerages highlight that BTST (Buy Today, Sell Tomorrow) transactions will not be allowed during this special trading session. Profits and sales proceeds from Friday's trades will not be included in available funds due to the settlement holiday.
F&O credits and intraday equity profits from January 19th will not be included in available funds during the special trading session, impacting settlement holiday conditions. Additionally, SIP orders will not be executed during this special trading session, with scheduled orders placed on the next trading day.