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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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It Seems 'Kalyug' Has Arrived: High Court On Elderly Couple's Alimony Battle

Faced with a couple aged between 75 and 80 years fighting a legal battle against each other for alimony, the Allahabad High Court on Tuesday made a strong observation, saying it seemed that 'kalyug' (the age of darkness in Hinduism) has arrived. 

Hearing a petition by the husband, Munesh Kumar Gupta of Aligarh, against a family court order in favour of his wife, Justice Saurabh Shyam Shamshery said the legal contest was a matter of concern and also tried to give advice to the couple. 

Mr Gupta's wife had demanded alimony from him and the family court had ruled in her favour. The man challenged the order and, issuing a notice to the wife, the high court said it hoped that they would come to an agreement by the next date of hearing. 
 



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