What are pre-market and post-market sessions and orders?

What are pre-market and post-market sessions and orders?

Pre-open session: Conducted by NSE from 9:00 AM to 9:15 AM to minimize volatility during market open.

Order collection: 9:00 AM to 9:08 AM for collecting, modifying, or canceling orders. Only limit orders are allowed.

Post-market session: Open from 3:40 PM to 4:00 PM, where buy/sell orders can be placed in equity (delivery segment).

Even if you place a market order, it will execute at the day’s closing price.
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