Today, the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) will conduct a special live trading session, transitioning from the Primary Site (PR) to the Disaster Recovery Site (DR) in both the Equity and Equity Derivatives Segments. This is part of their adherence to the Disaster Recovery Site (DRS) and Business Continuity Plan (BCP) framework set by the Securities and Exchange Board of India (SEBI), ensuring the markets remain open and operational during unforeseen events.

The special session will occur in two phases: the first from 9:15 IST to 10:00 IST, and the second from 11:30 IST to 12:30 IST. The BSE has announced this transition, urging trading members to take note.

The purpose of this session is to assess participants’ readiness to handle major disruptions and ensure robust backup plans are in place. The transition from the Primary Site to the Disaster Recovery Site serves as a safety measure, guaranteeing operational continuity in the face of unforeseen events affecting Mumbai’s primary trade center.

During the special session, trading will be divided into two parts, with the first phase from 9:15 to 10:00 IST and the second from 11:30 to 12:30 IST. Price bands will be applied, with a maximum of 5% for all securities, including derivatives. Securities priced within the 2% or lower range will retain their bands, while closed-end mutual funds will have a 5% band. Additionally, futures contracts will operate within a 5% daily range, without flexing, and the price bands applicable at the start of the day at the PR site will carry over to the DR site. Any changes in price bands for options contracts due to market factors until the close time at the PR site will also apply at the DR site.