The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have decided to postpone new trading timings to January 4, 2010. The two exchanges on Wednesday said that the market would open at 9 a.m. effective December 18 an advancement of nearly an hour from the current practice of market opening at 9:55 a.m.
“Trading will start in equity segment of the BSE at 9 a.m. with effect from January 4, 2010, Monday,” an NSE official told PTI.
BSE in a statement said, “Based on the market feedback, it has been jointly decided by BSE and NSE that the revision of market open timing to 9 a.m. shall be effective from January 4, 2010. In the interim, the current market open timing of 9:55 a.m. shall continue.”
The market closing time would continue to remain unchanged at 3:30 p.m. In October, market regulator SEBI allowed stock exchanges to fix trading timings between 9 a.m. and 5 p.m.
Join LAWyersClubIndia's network for daily News Updates, Judgment Summaries, Articles, Forum Threads, Online Law Courses, and MUCH MORE!!"
Views 380 Report
