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NSE Decision: The country’s largest stock exchange National Stock Exchange has taken a big decision. Now NSE has extended the trading time for interest rate derivatives in the stock market till 5 pm. The risk arising on a daily basis due to global news inflow can be reduced by increasing the trading hours in the domestic stock markets. Stock market and financial experts have also agreed on this point.
The decision to extend the trading time till 5 pm in the Interest Rate Derivatives segment of the National Stock Exchange (NSE) is being implemented from tomorrow i.e. 23rd February. Currently trading in the domestic stock market is from 9.15 am to 3.30 pm
What a financial expert has to say
Executive Director of >Geojit Financial Services A Balakrishnan said that in today’s world economies of countries are highly interlinked and the integration of global markets is increasing gradually. The trend of the Indian stock market is influenced by the activities in other major economies and markets of America and Europe. Therefore, markets that have longer trading hours can more efficiently hedge the risks arising from global information flows. Hence the move of NSE to extend trading hours will help market participants and retail investors.
Zerodha co-founder Nitin Kamat wrote on Twitter that extended trading hours in the futures & options segment might indicate the maturity of our markets. It will also provide a level playing field for domestic traders and is also good for capital market businesses in terms of revenue.
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