India’s largest stock exchange, the NSE, is looking to expand the hours for Futures and Options (F&O) trading, potentially allowing investors to trade for longer periods.
The NSE is considering offering F&O trading options even after the regular stock market hours, which typically run from 9:15 am to 3:30 pm.
There’s a possibility that trading hours could extend from 6 pm to 9 pm.
Going Beyond Midnight
Additionally, there’s talk of the NSE extending these trading hours further, possibly until midnight, which would mean F&O trading could continue until 11:30 pm.
This proposed extension aims to provide local traders with an opportunity to respond promptly to global market developments.
It’s worth noting that Indian exchanges currently close their doors before the American market begins its session.
Boosting Trading Activity
Extending trading hours can potentially lead to increased trading volumes on the exchanges.
Sources suggest that the NSE has already submitted its plan to SEBI for approval.
The regulatory authority has previously set rules allowing F&O trading to remain open until 11:55 pm and stock trading until 5 pm.
What’s in NSE’s Plan?
The NSE has engaged in discussions with leading brokers and key market participants in recent months to explore the concept of evening trading.
The exchange is meticulously working on presenting this idea in a comprehensive manner and intends to introduce F&O trading, including Nifty and Bank Nifty, during the evening session.