SEBI Market timing extended closing time till 5 pm from 30-Oct-2017

Ayupp

Viral Message:

In accordance with SEBI letter SMD/policy/SE/6005/2017 dated September 21, 2017 permitting the Exchange to provide a facility of Trading Session after normal market hours in Capital Market Segment

eMessage on – Social media and internet

Fact Check by Ayupp– Fake

Viral Message Example 

In accordance with SEBI letter SMD/policy/SE/6005/2017 dated September 21, 2017 permitting the Exchange to provide a facility of Trading Session after normal market hours in Capital Market Segment, ‘Closing Session’ has been introduced by the Exchange w.e.f October 30, 2017. The introduction of Closing Session provides investors with an opportunity to close out their open positions after the close Normal Market and thus avoidable shortages.

Currently market timings session are as follows:

Closing market timings for closing session are as follows:

Closing Session starts: 15:40 hours.

Closing Session End: 16:00 hours

The Exchange has decided to revise the market timings of Closing Session w.e.f  October 30, 2017 as follows:

Closing Session Start 17:10 hours

Closing Session end 17: 30 hours

For National Stock Exchange of India ltd.

Viral Message Verification –   This is a True message being widely shared on the social media and it is false that SEBI has indeed extended the Market timing extended closing time till 5 pm from 30-Oct-2017. Trading hours has not been revised by NSE.

Market Timings

Trading on the equities segment takes place on all days of the week (except Saturdays and Sundays and holidays declared by the Exchange in advance). The market timings of the equities segment are:

A) Pre-open session
Order entry & modification Open : 09:00 hrs
Order entry & modification Close : 09:08 hrs*
*with random closure in last one minute. Pre-open order matching starts immediately after close of pre-open order entry.

B) Regular trading session
Normal / Limited Physical Market Open : 09:15 hrs
Normal / Limited Physical Market Close : 15:30 hrs

Block deal session is held between 09:15 hrs and 09:50 hrs

C) The Closing Session is held between 15.40 hrs and 16.00 hrs

 

Note: The Exchange may however close the market on days other than the above schedule holidays or may open the market on days originally declared as holidays. The Exchange may also extend, advance or reduce trading hours when its deems fit and necessary.

Visit NSE for more information



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