15-MIN CALL-AUCTION WINDOW
NSE and BSE have introduced a special call auction window to enable market to determine opening rates of major securities in a systematic manner
- Call-auction session for Sensex & Nifty shares to last 15 mins from 9-9.15 am
- Orders for this session not executed directly, but will go to a common pool
- Price for maximum orders matched to be the equilibrium price for each share.
- Orders priced other than at equilibrium will be shifted to the normal segment.