Reduced trading hours for commodities derivative segment to continue: Exchanges

Leading stock exchanges BSE and NSE have decided to continue with reduced trading hours for commodities derivative segment in the wake of coronavirus pandemic.

Commodities derivative trading will continue to begin at 9:00 am and close at 5:00 pm, the exchanges said.

Pursuant to discussions with Sebi, it has been decided to continue with revised trading timings (till 5 pm) till further notice, the exchanges said in similar worded circulars.

The decision comes after the extension of nationwide lockdown till May 3.

Last month, both exchanges had reduced trading hours in commodity markets to 5 pm from earlier practice of trading till midnight. The revised timing was applicable till April 14.

In separate circulars, the bourses also announced about revision in trading hours for cross currency futures and option segment.

The segment will open at 9 am and close at 5 pm and this timing will continue until further notice.