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NSE Pre-Open Session Is Changing: What Stock Market Traders Need To Know

The National Stock Exchange (NSE) is set to revise the framework for its pre-open market session from Sept 7, bringing the order collection and price discovery process closer to the mechanism used during the Closing Auction Session. While the pre-open session will continue to operate from 9:00 am to 9:15 am, the exchange is changing the manner in which orders can be placed and matched during the 15-minute window. The revised framework is aimed at making the pre-open auction process more structured and strengthening the process of price discovery at the start of the trading day. What Is Changing In NSE Pre-Open Session? Under the revised framework, market and limit orders will be permitted only during the first five minutes of the pre-open session, from 9:00 am to 9:05 am. From 9:05 am to 9:10 am, only limit orders will be allowed. The order matching process and determination of the opening price will then take place between 9:10 am and 9:12 am. This represents a shift from th...
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Video: Welding Sparks May Have Caused Huge Fire At Gujarat Gaming Zone

A CCTV footage of the fire at a gaming site at Gujarat's Rajkot that has now emerged, shows the fire had started while welding. Twenty-eight people, nine of them children, were killed in the massive blaze that broke out on Saturday.

The footage shows the fire spreading from the sparks emitted during the welding.

Despite efforts to extinguish it, the fire spread.

A police case has been filed against six partners of the game zone that was operating without a license. Two persons -- the owner and the manager of the site -- have been arrested.



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