NSE & BSE to open trading at 9am from 4 Jan,2010 not on Dec, 18

The Bombay Stock Exchange, in Mumbai, is Asia'...

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Based on the feedback received from different sections of India’s investment community, the country’s two main exchanges—BSE and NSE—have jointly agreed on Thursday to open the bourses for trading from 9am with effect from 4 January 2010.

The BSE in a statement said, “… it has been jointly decided by BSE and NSE that the revision of market open timing to 9 am shall be effective from January 4, 2010. In the interim, the current market open timing of 9:55 am shall continue.”

On Wednesday, the exchanges said the market would open at 9 am effective 18 December, an advancement of nearly an hour. The market closing time would continue to remain unchanged at 3:30 pm.

In October, market regulator Sebi allowed stock exchanges to fix trading timings between 9am and 5 pm.

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