Trading Time extended

Markets regulator Securities and Exchange Board of India (Sebi) has allowed stock exchanges to extend the trade timing from 10-3.30 p.m to between 9 a.m and 5 p.m.

So ?

Yes it is official now...

http://www.sebi.gov.in/circulars/2009/dnpdcir47.pdf

Smart_trade

What impact will fall on the market ? What about participation in the market ?

More trading hours - more revenues for NSE/BSE and ofcourse the brokers.
People may be tired of long trading hours and lesser number of trades also possible.

So now no one can say we don,t work hard for our money...:lol:

But seriously its a real pain , my opinion...

Hold on there where does it say that the timing has been changed , it only says the exchanges are free to set their trading time blah....

Besides is there any circular on the NSE.

As felt by many , it is a pain.Let us continue
with unchanged timings.

NSE has initiated this move. so , sooner or later timings would be changed. may be 9.30-4.30?

It is good sign that we will have extended trading hours.. Atleast this will result in higher overlapping time with London time, where many FII/ hedgies are having the base.

Probably this decision is result of their request.. IMO, This will make our market more sensitve ot global markets. As UK market opens, i.e. at 12.30/1.30 IST, within 2 or 3 hrs players start anticipating and start taking position for possible US mkt direction..and i.e by 3.30/4.30 IST.. So we might start seeing one more wave around 4.00/4.30 from FII.

So we have opening wave, then reversal of this.. and then lunch time silence of 1 or 2 hrs.. then UK mkt open impact, and then final wave of our mkt close.

Just going to give us more opportunities.. at the same time, on loosing day, if we are in habit of overtrading to recover the loss, then we might end up loosing more .. for another 2 hrs.

Good news.. and I am happy with this development.

Hi,

I am also happy with the development as I can spend more time in the morning before going to job...

Raju