Bourses to start trading at 9 a.m. from Jan 4

By IANS,

Mumbai : Indian stock exchanges will start trading at 9 a.m. from Jan 4 instead of Dec 18, a joint statement by the main bourses said Thursday.

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Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) had been asked by the market regulator to agree on a suitable timings change.

“Based on the market feedback, it has been jointly decided by NSE and BSE that the revision of market open timing to 9 a.m. shall be effective from January 4, 2010,” the two bourses said in a joint statement.

“In the interim, the current market open timing of 9.55 a.m. shall continue.”