Mumbai Stock Exchange and National Stock Exchange to Hold Special Trading Session on Saturday: SEBI Rules and Disaster Recovery Plans in Place

by time news

2024-01-18 20:13:00

MUMBAI: The Mumbai Stock Exchange and the National Stock Exchange will hold a special trading session tomorrow, Saturday.

In case there is any impact on the trading of stock market due to reasons like calamity, facilities to continue trading immediately, the markets have been established in another part of the country.

Securities and Exchange Commission (SEBI) had directed the stock market regulator to examine whether these alternative arrangements are in place and whether the markets are prepared to deal with unforeseen events.

Tomorrow, special trading will be conducted as part of efforts to shift market operations from the primary trading floor to the disaster recovery floor.

This special trading session will be applicable only for equity and equity derivatives segments, the PSE said. It is also reported that this is taking place under the rules of SEBI.

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