What orders can be placed in a pre-order and post-order session?

What orders can be placed in a pre-order and post-order session?

1) Market orders- These orders don’t have a specified price while buying or selling. These are executed as per the availing market rates.

2) Limit orders- these orders have specified a market rate i.e the price and the quantity and hence they get executed once the match price is found. 

All market orders are executed at the symmetry price as per depending on the demand and supply. Also, the limit orders that are not executed are carried forward to the open market. The closing session runs from 3:40 PM to 4:00 PM. People can buy and sell orders in equity during this session at the market price but it will be placed at the closing price on the exchange. 

Let’s take the example of JINDAL STEEL. If the closing price of JINDAL STEEL  at 3:30 PM is Rs. 139. You can buy or sell the shares between 3:40 PM and 4:00 PM, you can place market orders to buy/sell JINDAL STEEL at market price (will be taken at Rs. 139)

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