India's two main stock exchanges announced Thursday an extension of daily trading hours, to boost volumes and the size of the market. Trading in equities and equity derivatives will begin at 9:00am (0330 GMT), against the current 9:55am start, the Mumbai-based BSE and rival National stock exchange in New Delhi said in notices on their websites.
The closing time remains unchanged at 3:30pm. The new hours were to have come into effect immediately, but in a revised statement on Thursday the exchanges said the start date had been moved to Monday, January 4.