The Stock Market usually has a market off on Saturdays and Sundays. However, the scenarios for tomorrow are different. The market will open this Saturday, 20 January 2024, and BSE, NSE normal trading Day today. This live session will take place to check out the preparedness for handling unexpected disasters. However, the session will take place on a disaster recovery site. It won’t get conducted on the primary site. We will discuss more information about tomorrow’s special trade session below.
Stock Market to Remain Open this Saturday, What About Live Trading Session?
The Stock Market will remain open tomorrow for a special live trading session. This session will occur on the disaster recovery site rather than the primary site. The purpose of this session will be to test the preparedness to handle unexpected disasters. The announcement was made all of a sudden for the full trade. The NSE decided to remain closed on Monday due to a public holiday in Maharashtra. Thus, the market will operate full-time on Saturday. The timings will be usual from 9:00 a.m. to 3:30 p.m.
In the special trade, All future contracts will have an operating range of 5%. The upper and lower circuit limit for Futures & Options and securities will be 5%. However, the securities with a 2% upper and lower circuit will remain the same. Following is a detailed discussion of the timings of tomorrow’s special session.
The transaction proceeds from the BTST sell will settle on 20 January and be credited on 23 Jan. There were long discussions about the Saturday opening. However, the confirmation has been made by SEBI for the market to open on Saturday for a full session. The traders out there look upon it with different perspectives. We will update you more about tomorrow’s trade shortly. We hope you get enough details about the Stock Market’s Saturday opening in the article above.
The changes were updated recently after the announcement of Saturday’s partial trade opening. The decision is also influenced by the Ram Mandir’s ceremony on Monday and a public holiday in Maharashtra on 22 Jan 2024.