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Preparations are underway to increase the trading timings in the Indian stock market. According to the news, the trading time can be extended till 5 pm. News agency Reuters has given this news on Tuesday quoting a business channel. The report states that initial talks are underway with market participants to extend trading hours. Earlier, the market regulator SEBI (SEBI) had issued a framework for increasing trading hours in 2018.
At present, trading is done on the stock market from 9.15 am to 3.30 pm. In the cash and futures and options segment on the stock market, trading takes place from 9.15 am to 3.30 pm.
The equity and derivatives segments of the stock exchange are currently open for trading between 9:15 am to 3:30 pm. A framework was already prepared by SEBI, which allows F&O trading to be open till 11:55 pm and equity trading till 5 pm.
The country’s largest stock exchange National Stock Exchange (NSE) wants to increase trading hours in the equity segment. This is not the first time that there is talk of extending trading hours.
Last month, SEBI had issued an SOP and told the stock exchanges that any interruption in trading should be reported to all concerned within 15 minutes. Apart from this, SEBI had also given instructions regarding extension of trading hours under certain circumstances.
SEBI says, if there is a halt in trading on the stock markets due to any technical reason or any other reason, it is not only necessary that all the market participants are informed about it, but also extend the trading hours if needed. May go. This will provide an opportunity to settle intraday positions with ease.
However, not everyone is in favor of increasing the trading hours. Zerodha CEO Nitin Kamath reacted to this on Twitter. They believe that this decision can have an adverse effect on the traders. He said, this decision may lead to less participation and liquidity problems in the long run. Along with this, it can also have a bad effect on the life of traders other than trading.
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