11 September 2017

SEBI Advisory Committee To Discuss Trading Hours Extension

SEBI Advisory Committee To Discuss Trading Hours Extension


An advisory committee of the Securities and Exchange Board of India is likely to discuss a proposal for extending stock market trading hours.

The stock market in India currently opens at 9 a.m. and closes at 3.30 p.m., but there is a view, including among stock exchanges, that the trade hours could be extended till up to 7.30 p.m. to better align domestic trading with global markets. The 19-member committee is led by Jayanth R Varma, professor, Indian Institute of Management, Ahmedabad. 

Important Takeaways from Above News-
  • Ajay Tyagi is the Present Chairman of SEBI.
  • SEBI was set up on 12th April 1988.
Source- The Bloomberg

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