Futures trading till 11:55 pm

Sebi has allowed derivative trading until 11:55 pm from Oct, but the equity cash market closes at 3:30 pm…
Can someone throw some light on how the derivative market will function without the cash market?
And what will be its implications on the cash market when it opens the next day?

If this has been answered earlier, kindly direct me to that thread

Action might remain only till 3.30 . Afterwards expect not more than 20 point move in nifty future. Rest only time will tell.

may be futures will act as underlying for the extended hours and the spot will adjust to it the next day… may be

dont know if there will be single stock futures and options or index fno or both…

It will be like how it is in the US, with the warning that after market trading volumes would be low, the prices may not be reliable, blah, blah, …