Indian Markets NSE, BSE will remain open for 2 short trading sessions on 02nd Mar 2024 i.e. Saturday

March 2, 2024

Business News – Indian Stock Markets NSE and BSE open will remain open for 2 short trading sessions on 02nd March 2024. There will be two special live trading sessions conducted by the stock market, the timings for which are 9:15 am to 10 am and 11:30 am to 12:30 pm.

Short sessions are organized for Disaster Recovery and Business Continuity planning

NSE in its official circular said: “Members are requested to note that Exchange shall be conducting a special live trading session with intra-day switch over from Primary site to Disaster Recovery site on Saturday, March 02, 2024, in Equity and Equity Derivatives segments.”

While the first of the two-part session will commence at 9:15 am, following a 15-minute pre-open session, and go on till 10 am through the primary NSE website, the second will be run for one hour, starting at 11:30 am following another 15-minute pre-open session, from the disaster recovery site.

Securities in the future and options (F&O) segment will have a price band of five per cent, for both upper and lower limits, during the special live trading session, according to NSE. Trading in the commodity market will remain suspended as usual on the weekend days.

Market volume is expected to remain low as the session is more important from the technical perspective than any other perspective. This session is aimed at strengthening the Indian exchanges in the event of any unforeseen event, which may hit the market operations.

**Reminder circular by NSE for Short trading session on 02 Mar 2024**

Earlier in Jan24, DRP and BCP sessions were planned but had got postponed

Earlier in Jan 2024, the disaster recovery sessions were postponed due to Ram Temple inauguration. On 20th Jan 2024, there was a communication issued by markets about special live trading sessions in 2 slots on 20th Jan 2024 which later got cancelled with information about postponement of such short trading sessions to a later date. At the time, special live trading sessions were planned to conduct sessions on disaster recovery (DR) site rather than Primary Site (PR).

Read our earlier story-news on this published in Jan 2024: NSE BSE will remain open on 20th Jan 2024