What BSE, NSE special live trading session mean for investors? Zerodha explains

livemint.com:

BSE) are going to conduct special live trading session in equity F&O segment. The BSE and NSE aims to switch to DR site through this special live session. Both BSE and NSE will conduct two special live trading session on January 20, 2024.

First session will begin at 9:15 AM and it will end at 10:00 AM whereas second session will begin at 11:30 AM and it will close at 12:30 PM. All futures contracts will have an operating range of 5 per cent in this special live trading session. Gold vs stock market: Why Nifty 50 outshined yellow metal in 2023 — explained On why this special live trading session is getting conducted, Zerodha said, "As per the SEBI mandate, Market Infrastructure Intermediaries (MIIs) are required to perform a switchover to their Disaster Recovery site as part of the business continuity plan," adding, "In this special session, securities will have upper and lower circuit limits of 5%, including stocks that are traded in the F&O segment.

Securities that have a 2% upper and lower circuit limits will continue to have a 2% limit." "Normally stocks that trade in the F&O segment and futures contracts have flexible price bands, meaning if the circuit limit is hit, it is relaxed further allowing for trading to continue. This will not be applicable during this session," Zerodha added. Also Read: Gold prices track best year since 2020, supported by hopes of Fed rate cut Saturday, January 20 is a settlement holiday.