In my previous article I have mentioned that Indian stock exchanges will increase the trading hours from 9.00 Am – 5.00 PM. This rule will be implemented by two stock exchanges NSE and BSE. The main reason for extending the trading hours is, to tap more investments from the foreign investors who are probably investing in other stock exchanges like Hong Kong, Singapore or Europe. Extending the trading hours means more chance for getting more investors.
The new trading hours will be implemented from 4th Jan, 2010. In a statement, NSE and BSE officials told the reporters. In the interim, the current market open timing of 9.55am shall continue,” the statement said.
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