NSE vs MCX differences


I can see curreny traded in both NSE and MCX from 9am to 5pm ...

My doubts are,

1. Is it like there will be separate contracts traded on both exchanges or both will have same contracts ... :confused:

2. If i hv a SL in USDINR, will it get triggered outside 9am to 5pm ... I can see trading occurs 24 hrs ...

3. Is there anyway to trade in 24hrs timeframe ... Is it legal ... I wish to trade INR pairs since its legal ...

Thanks in advance ... :)

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