Stock Market Open On Saturday? NSE To Carry Special Live Trading Session; Know Date, Time And Reason

Stock Market Special Live Trading Session: The last date for NSE's contingency drill or mock trading session will be held on December 7, 2024, as per the notification on its website. That means this market will be opened on Saturday. Notably, NSE carries mock sessions every month.

As per the contingency drill calendar on NSE, the mock trading session will take place on December 7, 2024, which will be the last test in 2024.

On its website, NSE said, to participate in contingency drill sessions between 10:00 hours to 15:30 hours IST. Also, Check live re-login from 18:30 hrs to 19:00 hrs IST.

It stated that NSE is continuously endeavouring to provide a robust platform to members to enable seamless trading. The Exchange gives utmost importance to periodical testing of trading infrastructure and its recovery & response mechanisms.

Further, it needs to be noted that contingency drills/mock trading sessions are conducted by the exchange from time to time. Large-scale participation of members is quintessential for the success of such sessions, as per NSE. NSE's move comes after market regular Sebi's guidelines.

Sebi has directed stock exchanges to organize mock trading sessions regularly, at least once in a calendar month, to facilitate testing of new software or existing software that has undergone any change of functionality, in a close-to-real trading environment. Stock exchanges shall suitably design and plan such mock trading sessions to ensure maximum participation and sufficient trading volumes for testing.

Stock exchanges shall mandate a minimum period for such testing in the mock trading sessions, Sebi's rules said. Also, to improve the efficacy of the mock trading sessions, all stock brokers/trading members shall ensure that all users approved for Algo trading, irrespective of whether the algorithm has undergone change or not, shall participate in the mock trading sessions.

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.