NSE, BSE to conduct special trading session on March 2

Market infrastructure intermediaries have been mandated by capital markets regulator SEBI to conduct a switchover to the disaster recovery sites as part of a business continuity plan.

The stock exchanges have notified members that the live trading session on March 2 will be conducted by switching from primary location to disaster recovery location intra-day in both equity and equity derivatives segments.

The first phase will be conducted from the primary location or main websites of NSE and BSE while the second phase will be conducted from the disaster recovery site.

The stock exchanges have also notified that to check market volatility during the special trading futures contracts will be allowed to fluctuate within a 5% operating range. In the Futures and Options segment, securities will have a 5% limit for both upper circuit and lower circuit.

Securities with a 2% limit will keep the existing limit to prevent extreme volatility during the session.

Usually, stock markets remain closed on Saturdays.