Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Launches Call Auction Mechanism for Pre-Open Session in Sensex and Nifty on Pilot Basis.</h1> The Securities and Exchange Board of India (SEBI) has introduced a call auction mechanism in the pre-open session on a pilot basis for scrips in the Sensex and Nifty indices at the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The pre-open session will last 15 minutes, allowing for order entry, modification, cancellation, matching, and trade confirmation. A price band of 20% will apply, and the equilibrium price will be determined based on maximum executable volume and minimum order imbalance. The framework will be reviewed after three months, and stock exchanges must implement necessary systems and guidelines.