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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...

"Understand Actions Taken In Self Defence": India On Iran Strikes In Pak

Iran's missile attack on Pakistan is an issue that concerns only those two nations, India said today. The foreign ministry, however, added that New Delhi understands "actions that countries take in their self defense".

"This is a matter between Iran and Pakistan. Insofar as India is concerned, we have an uncompromising of zero tolerance towards terrorism. We understand actions that countries take in their self defense," foreign ministry spokesperson Randhir Jaiswal said.

Yesterday, two bases of Balochi militant group Jaish al Adl in Pakistan were targeted by Iranian missiles. The group had attacked Iranian security forces in the border area with Pakistan.

The attack came a day after Iran's elite Revolutionary Guards hit targets in Iraq and Syria with missiles.

Pakistan said two children were killed in the missile strikes and warned that the incident could have "serious consequences" and was "completely unacceptable".

"A strong protest has already been lodged with the senior official concerned in the Iranian Ministry of Foreign Affairs in Tehran. Additionally, the Iranian charge d'affaires has been called to the Ministry of Foreign Affairs to convey our strongest condemnation of this blatant violation of Pakistan's sovereignty and that the responsibility for the consequences will lie squarely with Iran," Islamabad said in a statement.



from NDTV News- Special https://ift.tt/NWP6fFy

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