Sebi advisory committee to discuss trading hours extension
10 Sept 2017 10:23 PM IST
New Delhi: An advisory committee of market regulator Sebi is likely to discuss a proposal for extending stock market trading hours, even as several brokers feel any such move would increase cost and logistics burden for them.
The stock market in India currently opens at 9 am and closes at 3.30 pm, but there is a view that the trade hours could be extended till up to 7.30 pm to better align domestic trading with global markets.
The proponents of this proposal feel extended hours can help boost trade volumes, thus generating greater revenue for exchanges, and help deepen the equity markets in the country. The proposal is likely to be discussed by Sebi's Secondary Market Advisory Committee, which is scheduled to meet on Monday.
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