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Sebi no to market hour extension proposal due to lack of consensus: NSE

Stock brokers not on the same page over costs, tech needs

SEBI
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Khushboo Tiwari Mumbai

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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.

However, not all stock brokers have been inclined to support this, owing to additional costs and

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First Published: May 06 2024 | 11:00 PM IST

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