Metropolitan Stock Exchange of India (MSEI) has decided to extend the trading hours of its equity segment till 5 pm, from Friday.
The exchange has negligible volumes in the segment and the move seems to be aimed at boosting this. It is to be seen if national exchanges NSE and BSE follow. "If brokers want it, NSE also would be happy to extend trading hours. We are fully prepared. So far feedback, however, the feedback hasn't been positive," said a source at NSE.
Via a circular in October 2009, the Securities and Exchange Board of India permitted bourses to set the