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Sebi no to market hour extension proposal due to lack of consensus: NSE
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Sebi no to market hour extension proposal due to lack of consensus: NSE
07 May 2024
The Securities and Exchange Board of India (Sebi) has returned the proposal by the National Stock Exchange (NSE) for market time extension in the derivatives segment due to a lack of consensus among the broker community. The NSE filed a plea with the market regulator to keep the derivatives market open for three extra hours between 6 pm and 9 pm to help market participants gauge and act on global news flows in the evening.
The Securities and Exchange Board of India (Sebi) has returned the proposal by the National Stock Exchange (NSE) for market time extension in the derivatives segment due to a lack of consensus among the broker community. The NSE filed a plea with the market regulator to keep the derivatives market open for three extra hours between 6 pm and 9 pm to help market participants gauge and act on global news flows in the evening.
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