SEBI approves extension of trading hours on stock exchanges

[nithin]

@nithin

With SGX doing what they recently did - float a parallel Nifty kind of contract when asked to shut down SGX Nifty without any approval from either the exchange or SEBI. Indian exchanges need more muscle power to compete with the global ones which offer much longer hours of derivative trading.

So yeah, good move I guess.

And I forgot to add another important thing, commodities trading will start on equity exchanges from October. I guess this increase in time is also to accommodate equity exchanges to stay open when it starts.

So commodities for sure, maybe cross currency pairs, and index derivatives might be open till 11.55 pm. I don’t think stock derivatives will be allowed.