Mumbai, January 19: The market holiday scheduled for this Saturday, January 20, has been cancelled by the stock exchanges, BSE and NSE, in order to hold a unique live trading session tomorrow to assess readiness for managing unforeseen events. The timings will also change because it is a special session with an intraday switchover from the primary site to the disaster recovery site. The special meeting on Saturday complies with regulations issued by the markets regulator, Sebi, for all market infrastructure intermediaries, including depositories and bourses. These entities must execute a business continuity plan that includes a switchover to their disaster recovery site. It seeks to guarantee uninterrupted trading and the security of all data in the unlikely event that…
