The Dalal Street will start the first day of the New Year an hour early at 9 am from Monday, as the exchanges have decided go ahead with the new timing, notwithstanding protests from brokerages.
With a view to better align the domestic markets with the Asian bourses, the both Bombay Stock Exchange and National Stock Exchange had late last month announced the advancing the trading timing to 9 am with effect from January 4, from 9.55 am earlier. However, the closing bell remains the same at 3.30 pm.
"The new trade timing would be in the larger interest of the investors as they will get more time to trade. Besides, it will help our markets integrate more with the global counterparts," a top NSE official said on Sunday.
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