Market-wide circuit breakers trigger pre-open call auctions and daily-reset limits based on previous close to manage index volatility. Index-based circuit breaker thresholds must be translated daily from the previous day's closing index; trading resumes after a halt with a fifteen-minute pre-open call auction governed by existing call-auction provisions, the halt duration reduced accordingly, and dynamic price bands referenced to the previous day's closing price.
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Provisions expressly mentioned in the judgment/order text.
Market-wide circuit breakers trigger pre-open call auctions and daily-reset limits based on previous close to manage index volatility.
Index-based circuit breaker thresholds must be translated daily from the previous day's closing index; trading resumes after a halt with a fifteen-minute pre-open call auction governed by existing call-auction provisions, the halt duration reduced accordingly, and dynamic price bands referenced to the previous day's closing price.
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