Sebi, India's securities market regulator, is currently reviewing a proposal from the National Stock Exchange (NSE) to extend the trading hours for futures and options (F&O). The proposal aims to align India's trading activities more closely with global markets and enhance investor engagement with prevailing market trends.
NSE's bid for extended trading hours is under careful scrutiny as Sebi gathers insights from a wide range of market participants, including traders and retail investors. Chairperson Madhabi Puri Buch emphasized the importance of achieving a consensus among essential market players, such as Market Infrastructure Institutions (MIIs), before implementing any changes. This collaborative approach ensures that any decision made will have the backing of the key stakeholders involved.
In a conversation with Business Today, NSE leader Ashishkumar Chauhan expressed pride in India being at the forefront of exchange automation, a move that has since been adopted by international platforms. Despite this early adoption, Chauhan noted that other global trading platforms offer longer trading hours. He argued for the expansion of trading intervals, leveraging current technological advancements to benefit investors. However, he also acknowledged the additional costs that extended hours could entail.
Sebi's decision on this matter will be made after a thorough review of feedback from stakeholders. This feedback will weigh the potential advantages for investors against the implications of global market trends and the operational considerations of a broader trading window. The outcome of Sebi's deliberation is highly anticipated as it could significantly impact the structure of India's trading environment.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.