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Market Timings – January 22, 2008

January 22nd, 2008

Capital market was closed at 9:55:58 today due to Index circuit level violation (1st level). SEBI vide their Circular No. SMDRPD/Policy/Cir-35 dated June 28, 2001 has stipulated that the index based market wide circuit breaker system shall apply at three stages of the index movement either way at 10%, 15% and 20%.
In case of a 10% movement of either of S&P CNX Nifty or BSE Sensex, there would be a one-hour market halt if the movement takes place before 1:00 p.m. The Nifty Index today has reached the 10% limit.
Hence, Market will re-open as follows:

Capital Market:-
Pre-open period (only for Normal Market)  : 10:45 hours to 10:55 hours
Market re-open (Normal /Odd Lot/RDM Market       : 10:55 hours

Future & Option segment :-
Pre-Open period                   : 10:45 hrs. to 10:55 hrs.
Normal Market re-open          : 10:55 hrs.

Entry Filed under: Equity Markets, NSE