Special Live Trading Sessions: The National Stock Exchange (NSE) will carry a special live trading session on Saturday, April 5, as part of its contingency drill. Every month, NSE has been carrying its mock trading sessions to ensure a robust trading platform for investors.
Special Live Trading Session:
As per NSE's list of contingency drills, in April month, the mock trading session will be held on April 5, which falls on Saturday.
On its website, NSE said, the Exchange is continuously endeavouring to provide a robust platform to members so as to enable seamless trading. The Exchange gives utmost importance to periodical testing of trading infrastructure and its recovery & response mechanisms. Contingency Drills/ Mock Trading sessions are conducted by the Exchange for this purpose from time to time.
NSE stated that large-scale participation of members is quintessential for the success of such sessions.
The mock trading session was held previously on March 1, February 8th, and January 4th. All of these days are Saturdays.
The contingency drill starts from 10:00 hrs to 15:30 hrs IST.
The time schedule for the special live trading session is likely to be:
Trading Session-1 from Primary Site:
Morning Block Deal Window Session-1 open time: 09:45 AM
Morning Block Deal Window Session-1 close time: 10:00 Am
Pre-Open Opening Time: 10:00 AM
Pre-Open Closing Time: 10:08 AM
Special Preopen Session open time (For IPO & Relisted security): 10:00 AM
Special Preopen Session** close time (For IPO & Relisted security): 10:45 AM
Normal Market open time: 10:15 AM
Trade Modification end time: 15:30 PM.
Important instructions regarding mock trading sessions, as per NSE are:
- Installation procedure for NEAT+ is available on the extranet path /common/Installation Procedure.
- All the outstanding orders shall be purged before the start of each trading session. Members using NNF software should clear the outstanding orders in their systems before the start of each trading session.
- Trades resulting from this session shall not attract any obligation in terms of funds pay-in and/or payout.
- Members are requested to note that the NOTIS application shall not be available in mock trading sessions.
- Kindly note Connect2NSE and Extranet facility shall not be available from 11:00 am till end of mock session. Extranet API shall not be available from 11:00 am to 12:00 pm.
- Unique Client Code (UCC) will not be validated for the Order entry during contingency time if any.
- Participate actively in the mock trading session from all trading software and re-login into live environment to check the connectivity and to avoid login problems on April 5.
- In case of any queries please call Toll Free no: 1800 266 0050 (Option 1).
As per Zerodha, a mock trading session is conducted by the exchange on one Saturday each month. This session allows brokers to test their trading infrastructure, new products/systems, and run contingency drills. Consequently, live ticks appear on Kite on a Saturday.
The broker's website added, holdings or position values are displayed according to the mock-trading prices. This might result in incorrect prices on the Marketwatch and potentially inaccurate positions or holdings values. However, at the end of the session, Friday's closing will be updated.
Sensex, Nifty Latest Update:
The start of April month has been bearish for stock market. Sensex and Nifty both plunged by 1.5% to 2% ahead of Trump's Liberation Day, where he is expected to implement a host of tariffs on imported goods and products. Sensex closed at 76,024.51, down by 1,390.41 points or 1.80%, while Nifty tumbled by 353.65 points or 1.50% to close at 23,165.70.
As per Vinod Nair, Head of Research, Geojit Investments Limited, amid heightened global volatility ahead of the anticipated US reciprocal tariff announcement tomorrow, the domestic market witnessed a significant sell-off today. Investors are eagerly awaiting the specifics of these tariffs while also keeping a close eye on ongoing negotiations for a potential Indo-US trade agreement. The IT sector was among the hardest hit due to its substantial exposure to the US market, and real estate stocks fell following Maharashtra's upward revision of ready reckoner rates, which affect property valuations.
Additionally, Nair said, rising oil prices further dampened market sentiment. Despite the short-term volatility related to tariffs, positive domestic factors such as an expected recovery in earnings growth, potential interest rate cuts by the RBI, and moderation in valuations are likely to provide stability and support for investors.
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