NSE & BSE - Change in Trade Timings

What all happened in these past two days appeared to be like a battle between the two stock exchanges of India (NSE & BSE) "The battle of egos." The drama started after BSE on Tuesday(15 Dec, 2009) came with an announcement that it would advance the trade timings by 10 minutes (i.e. BSE would open trading at 9:45 am instead of its regular opening at 9:55 am). NSE reacting sharply on this move of BSE and on Wednesday(16 Dec, 2009), the NSE announced that it would advance the trade timing by 55 minutes (i.e. NSE would open trading at 9:00 am instead of its regular opening at 9:55 am). BSE was left with no option than to advance trade timing by 55minutes and to open trade with NSE i.e. 9:00 am. Both exchanges decided not to make any changes with the closing time. Also both the exchanges wanted to go ahead with the advance trade timings from the coming Friday(18 Dec, 2009).Both the exchanges have faced resistance and strong comments from the market participants.

The good news is that both(NSE & BSE) have postponed the date for the same(advance of trade timing) to Monday(04 Jan, 2010).

Also check

NIFTY TIPS

INTRADAY STOCK TIPS

INTRADAY NIFTY TIPS