National Stock Exchange & Bombay Stock Exchange have decided to advance trade timings.
Earlier on Tuesday (i.e. 15 December, 2009) the Bombay Stock Exchange (the oldest stock exchange in Asia which has the greatest no. of listed companies in the world) decided to advance the trade timings and announced the extension of its trading hours by 10 minutes starting Friday(i.e. 18 December, 2009).
National Stock Exchange (one of the largest stock exchanges in terms of turnover) also came forward and announced the change in trade timings. NSE (on 14 December, 2009) has announced to start the trading 55 minutes early beginning the same day(i.e. 18 December, 2009). Soon after this announcement BSE changed its plan and said it would also do the same.
This means that from Friday, both the exchanges will start trading at 9am, the earliest permitted by capital market regulator Securities and Exchange Board of India (SEBI). Currently, both exchanges open for trading at 9.55am and end at 3.30pm.
From this Friday, both BSE and NSE would open at 9 am for trading in equity and equity derivative segments.
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