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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...

Alleged Sexual Harassment At Delhi's UP Bhavan, Officials Suspended

A woman has alleged that she has been sexually assaulted at the Uttar Pradesh Bhavan, the state guest house in the heart of Delhi. After a case was filed by the Delhi Police, several officials have been suspended and a room where the incident allegedly took place, has been sealed, sources said.

The accused, Rajyavardhan Singh Parmar, is the national president of an organisation called Maharana Pratap Sena, sources said.

Sources said the man came to UP Bhavan with the woman on May 26 around 12.15 pm. He was allotted a room and left the place at 1.50.

The woman later lodged a complaint at the Chanakyapuri police station, alleging that she was sexually exploited by Rajyavardhan Singh Parmar.

Security cameras from the building showed the man and woman inside the building. The room where they stayed at the UP Bhavan, room number 122, has been sealed ahead of forensic tests.  

The Uttar Pradesh government has ordered a departmental inquiry.

Three officials posted at the UP Bhavan have been suspended.

Sources said they had allotted a room to the accused even though he is not eligible to book a room. Government guest houses in the national capital usually host government employees.

Rajyavardhan Singh Parmar had claimed that he was booking the room for a government officer and wanted to see it before taking a call, sources said.

The Delhi Police said the allegations are being investigated.



from NDTV News- Special https://ift.tt/AXwOFbT

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