Indian equity benchmarks’ trade timing is likely to be extended up to 5 pm, news agency Reuters reported on Tuesday citing a business channel. Market regulator SEBI (Securities and Exchange Board of India) issued a framework for timing extension in 2018.
Preliminary discussions with market participants are going on with respect to extending trading hours, the report said.
Currently, the domestic indices are open between 9:15 am and 3:30 pm.
Last month, the market regulator came out with a standard operating procedure (SOP) asking stock exchanges to inform about trading disruptions to stakeholders within 15 minutes of such occurrences and extending the trading time by one-and-a-half hours in certain outage conditions.
This is a developing story.
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