In response to fast-paced technological changes and increasing global market volatility, the National Stock Exchange (NSE) has revealed plans to extend equity derivatives trading hours. The announcement was made by NSE's Ashish Chauhan at the India Today Conclave Mumbai 2023 on Thursday.
Chauhan advised retail investors against participation in extended trading hours, indicating that the move is primarily designed to accommodate traders and unexpected news developments such as geopolitical crises or natural disasters that occur outside regular market hours.
The NSE's decision comes in light of the rapid growth of companies and the acceleration of technological advancements. These factors have resulted in news flow and actions occurring at a faster pace, contributing to an anticipated continued rise in global market volatility.
Chauhan emphasized that these changes are part of a broader trend of increasing market volatility, driven by swift technological shifts and unexpected news events. The extended trading hours aim to offer traders greater flexibility in managing their investments amidst these evolving market conditions.
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