Market Timings & Holidays

Holidays for the calendar year 2016 : Negotiated Trade Reporting Platform

Sr. No.DateDayDescription
126-Jan-2016TuesdayRepublic Day
219-Feb-2016FridayChhatrapati Shivaji Maharaj Jayanti
525-Mar-2016FridayGood Friday
601-Apr-2016FridayAnnual Bank Closing
708-Apr-2016FridayGudi Padwa
814-Apr-2016ThursdayDr. Baba Saheb Ambedkar Jayanti
915-Apr-2016FridayRam Navami
1019-Apr-2016TuesdayMahavir Jayanti
1106-Jul-2016WednesdayId-uI-Fitar (Ramzan ID)
1215-Aug-2016MondayIndependence Day
1317-Aug-2016WednesdayParsi New Year
1405-Sep-2016MondayGanesh Chaturthi
1513-Sep-2016TuesdayBakri ID
1914-Nov-2016MondayGurunanak Jayanti

The holidays falling on Saturday / Sunday are as follows:

Sr. No.DateDayDescription
101-May-2016SundayMaharashtra Day
221-May-2016SaturdayBuddha Pournima
302-Oct-2016SundayMahatma Gandhi Jayanti
430-Oct-2016SundayDiwali-Laxmi Pujan*

Market Timings

Deal reporting on the Negotiated Trade Reporting Platform is open on all days except Saturdays, Sundays and other holidays, as specified by the Exchange. The market timings are as given below:

SettlementMonday to Friday
Other Day Settlement (Government Securities) 09.00 hrs to 17.15 hrs
Same Day and Other Day Settlement (Non-Government Securities) 09.00 hrs to 17.45 hrs

Activities in the Negotiated Trade Reporting Platform is divided into two phases as under:

Market Open Phase

The system allows for inquiries of the following activities when the market is open for trading:

  • Order Entry
  • Order Modification
  • Order Cancellation
  • Trade Cancellation

Post Market Phase (also called SURCON)

During the period of SURCON (SURveillance and CONtrol) a trading member gets only inquiry access with a facility to request for trade cancellation. On completion of SURCON the system processes data and gets the system ready for the next day.

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Did You Know

The higher the Percent of Deliverable Quantity to Traded Quantity the better - it indicates that most buyers are expecting the price of the share to go up.

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