The index-based market-wide circuit breaker system operates at three stages of the index movement: 10%, 15%, and 20%. Here’s a breakdown of the triggers, their corresponding trigger times, and the resulting market halt durations:<\/p>\n\n\n\n
10% Trigger:<\/strong><\/p>\n\n\n\n Trigger Limit: 10%<\/p>\n\n\n\n Trigger Time:<\/p>\n\n\n\n Before 1:00 pm: 45 Minutes halt, followed by a 15-minute Pre-Open Call Auction Session<\/p>\n\n\n\n At or after 1:00 pm up to 2:30 pm: 15 Minutes halt, followed by a 15-minute Pre-Open Call Auction Session<\/p>\n\n\n\n At or after 2:30 pm: No halt, not applicable for Post Market Halt<\/p>\n\n\n\n 15% Trigger:<\/strong><\/p>\n\n\n\n Trigger Limit: 15%<\/p>\n\n\n\n Trigger Time:<\/p>\n\n\n\n Before 1 pm: 1 hour 45 minutes halt, followed by a 15-minute Pre-Open Call Auction Session<\/p>\n\n\n\n At or after 1:00 pm before 2:00 pm: 45 Minutes halt, followed by a 15-minute Pre-Open Call Auction Session<\/p>\n\n\n\n On or after 2:00 pm: Remainder of the day, not applicable for Post Market Halt<\/p>\n\n\n\n 20% Trigger:<\/strong><\/p>\n\n\n\n Trigger Limit: 20%<\/p>\n\n\n\n Trigger Time: Any time during market hours<\/p>\n\n\n\n Remainder of the day, not applicable for Post Market Halt<\/p>\n\n\n\n