⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

Extended trading hours proposed for Indian equity derivatives

EditorAmbhini Aishwarya
Published 06/10/2023, 12:10 am
© Reuters.
NSEI
-
NIFTY100
-
NIMDCP50
-
NSEBANK
-

NSE's CEO, Ashish Chauhan, expressed concerns about retail investors' engagement in derivative and day trading at the India Today Conclave Mumbai 2023 on Thursday. Chauhan categorized these activities as speculative due to a prevalent misunderstanding among retail investors.

Chauhan emphasized the importance of comprehensive research for long-term investments spanning 3-5 years. In light of this, he proposed extended trading hours for equity derivatives to accommodate unexpected news that could potentially influence market trends.

The CEO acknowledged the increased global market volatility caused by rapid technological changes. As a solution, he suggested mutual funds as a viable investment option for individuals constrained by time. He also encouraged investors to stay invested during market fluctuations to reap the benefits of India's growth narrative.

These remarks come amidst a backdrop of increased interest in derivative trading among retail investors in India. Chauhan's emphasis on long-term investments and his proposal for extended trading hours aim to ensure that retail investors are better equipped to navigate the complexities of the market while minimizing risk. His suggestions are particularly relevant given the current global market volatility brought about by fast-paced technological changes.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.