Why is the stock market open today? Timing, what to expect and key things to know

This is the third instance this year, where the market remained open on a weekend, despite it being a usual holiday. Earlier, a similar special trading session was held on a in January and then again in March.

There have been few other instances in previous years where trading was conducted from the in 2016 and 2017.

All you need to know about the special trading session:

Why is the special session being held

Apart from the calendar holidays, exchanges are usually closed on weekends. However, they have the discretion to conduct special trading sessions on rare occasions.

The current special live trading session is being done according to , which mandate testing of preparedness for handling unexpected disasters from the main trading centre in Mumbai.

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Timings

The special session shall be divided into two segments. In the first part, the market will open for normal trading at 9:15 am and end at 10 am.

The second session, which will be conducted from the disaster recovery site, will begin from 11:30 am and end at 12:30 pm.

Price Band

All securities, including those on which derivative products are available, will have a maximum price band of 5%. Securities already in the 2% or lower price band will continue to be available in the respective bands.

The special live trading session is being done according to guidelines, which mandate testing of preparedness for handling unexpected disasters from the main trading centre in Mumbai.

What to expect from the session:

Positive and rotational participation from index heavyweights have helped the markets climb higher on Friday even though a clear momentum is missing.

Analysts thus recommend maintaining a "" strategy, with a focus on stock selection. The volumes are likely to be low given the curtailed .