There are rumours saying that SEBI has approved the proposed increase in the trading time. Now the trading hour in Indian Market is from 9.30AM to 3.30PM. According to the new proposal the trading time will be from 9.00AM to 5.00PM. Which will be in line with global timing and also the currency trading timing in the exchange. During the time of currency futures launch there was much pressure in increasing the trading time in line with the global trading timing.
The time change will increase the volume in exchanges but there will be a revolutionary change in the financial services sector. Now also banks are promising 24*7 services brokers will also be forced to extend their working hours. According to exchanges increase in time means increased participation from traders.
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