Trading Session

Trading Sessions are conducted in 03 (three)Phases:

– Pre-Open and Opening Session.
– Continuous Session.
– Closing and Post-Closing Session.

Market	Pre-open and Opening Session	Continuous Trading Session	Closing & post-closing (Trade at Close Price) session
1. Public 2. Spot 3. Debt	9.45 am to 10:00 am	10.00 am to 2:30 pm	2.30 pm to 2:45 pm
4.Block	Not Applicable	10.00 am to 2:30 pm	Not Applicable

Opening Price Algorithm for call auction mechanism.

Closing and Post-closing session:
The closing price for a security shall be determined as per the weighted average price of all the trades in the last 30 (thirty) minutes before the closing session. If there is no trade during the above specified time, the weighted average price of maximum 20 (twenty) number of trades preceding the above 30 (thirty) minutes shall be taken for determination of closing price. If there has been no trade in the security during the continuous trading session the opening price of the security shall be treated as the closing price.