Special Session of Stock Market:  The National Stock Exchange (NSE) and BSE will hold a special trading session in the equity and equity derivatives segments on Saturday to assess their preparedness to deal with major disruptions on the primary sites. The special live trading session will involve an intra-day switchover from the Primary Site (PR) to the Disaster Recovery (DR) site.

There will be two sessions – the first from PR from 9:15 am to 10 am, and the second from the DR site from 11:30 am to 12:30 pm.
During the special session, the maximum price band for all securities, including those on which derivative products are available, will be 5 percent. Securities already in the 2 percent or less price band will continue to be available in the respective bands.

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A circular said the exchange will conduct a special live trading session in the equity and equity derivatives segments on Saturday, May 18, 2024, with an intra-day switch from the primary site to the disaster recovery site.

Earlier, NSE and BSE had held similar trading sessions on March 2. These sessions are being conducted based on specific discussions with market regulator SEBI and their Technical Advisory Committee to assess the preparedness of market infrastructure institutions such as exchanges to handle any unexpected event impacting their operations. Could. Restore operations from the DR site within the stipulated time.

Typically, a DR site is switched to ensure business continuity in the event of a major disruption or failure at the primary site.

(With PTI's Input)

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