The Bombay Stock Exchange and the National Stock Exchange on Thursday postponed the advancement of market opening time to 9 a.m., till January 4, 2010.
The two exchanges on Wednesday said that the market would open at 9 am effective December 18 an advancement of nearly an hour from the current practice of market opening at 9:55 a.m.
“Trading will start in equity segment of the BSE at 9 a.m. with effect from January 4, 2010, Monday,” an NSE official told PTI.
BSE in a statement said, “Based on the market feedback, it has been jointly decided by BSE and NSE that the revision of market open timing to 9 a.m. shall be effective from January 4, 2010. In the interim, the current market open timing of 9:55 a.m. shall continue.”
The market closing time would continue to remain unchanged at 3:30 p.m.
In October, market regulator SEBI allowed stock exchanges to fix trading timings between 9 a.m. and 5 p.m.