Nine flights were diverted and more than 400 delayed at Delhi's Indira Gandhi International Airport (IGIA) on Friday as thunderstorms and heavy rain disrupted flight operations. According to an official, four flights each were diverted to Jaipur and Lucknow, while one was diverted to Ahmedabad. The diversions took place between 3:30 p.m. and 4:30 p.m., PTI reported, citing an official. Heavy rain lashed several parts of the national capital on Friday afternoon. ALSO READ | Air India Terminates Phuket-Delhi Flight Captain After Positive Banned Substance Tests More than 400 flights were delayed at Delhi airport on Friday, according to flight-tracking website Flightradar24.com. Lucknow Airport said four flights bound for Delhi were diverted to Lucknow due to adverse weather conditions in the national capital: QP 1821: Bengaluru-Delhi | Arrived at Lucknow at 4:37 p.m. AI 484: Ludhiana-Delhi | Arrived at 4:50 p.m.; departed at 5:51 p.m. AI 2516: Indore-Delhi | A...
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...