markets · beginner
Pre-open session
The pre-open session is the morning call-auction window used to discover the opening price on NSE and BSE.
Order entry, modification, and cancellation follow a timed sequence before matching.
The opening price becomes the reference for the continuous trading session that follows.
Index open values are heavily influenced by pre-open discovery in heavyweight stocks.
Market orders and limit orders interact under exchange pre-open matching rules.
Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.