View: How NSE kept the market running amid coronavirus pandemic

This model of working is going to be there for a foreseeable future for NSE.

Synopsis
This level of planning was essential, given that smooth functioning of markets, with all checks and balances, is of absolute importance. So, once the lockdown was announced, the focus was on execution. NSE transitioned smoothly to a working model that involved critical staff working from office on a rotation basis at primary and alternate sites, and the rest working from home (WFH).

Covid-19 has resulted in a paradigm shift in the way businesses operate. Before India went on a nationwide lockdown from March 25, Covid cases in some European countries had already peaked, with these countries then announcing full or partial lockdowns. So, well before Prime Minister Narendra Modi’s lockdown announcement on March 24, the National Stock Exchange (NSE) had started envisaging various possible scenarios that could pan out.NSE’s

Vikram Limaye

ET Bureau

4 mins read

Dec 4, 2020, 12:25 AM IST

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