n NISM Certifications
X NISM Series X
Medium

If the Sensex or Nifty moves 10% between 1 pm and 2:30 pm, trading is halted for how long?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. 15 minutes

    Correct answer

  2. B

    30 minutes

  3. C

    1 hour

  4. D

    No halt

Why this is the answer

A 10% movement triggers a market halt of 15 minutes during specified times to prevent excessive volatility.

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