Trading time of stock market can be increased from 3:30 pm to 5:00 pm

There is talk of increasing the trading hours in the Indian stock market. News agency Reuters quoted a business channel on Tuesday (February 21) as saying that the trading time of the Indian stock market could be extended from 3:30 pm to 5:00 pm.
Market regulator SEBI (Securities and Exchange Board of India) also issued a framework in 2018 to increase the trading time of the market. Reuters reported that preliminary discussions are underway with market participants regarding extending trading hours. Currently, the Domestic Index opens for trading between 9:15 am to 3:30 pm.
Trading on the stock market takes place in the cash and futures and options segments from 9:15 am to 3:30 pm. At the same time, the equity and derivatives segments of the stock exchange are currently open for trading between 9:15 am and 3:30 pm. A framework was earlier prepared by SEBI, which allows F&O trading to remain open till 11:55 pm and equity trading till 5 pm.
The country's largest stock exchange National Stock Exchange (NSE) wants to increase the trading hours in the equity segment. This is not the first time that there is talk of extending trading hours. Last month SEBI came up with a Standard Operating Procedure (SOP). Stock exchanges were told that all stakeholders should be informed within 15 minutes if there is any interruption in trading. Apart from this, SEBI had also given instructions regarding the extension of trading time by one and a half hours in certain circumstances.
SEBI had said, 'If continuous trading on the stock exchanges is disrupted due to technical reasons or for any other reason, it is necessary that all market participants, including not only other MIIs, are immediately informed about the outage. At the same time, if necessary, the trading hours should also be extended, so that an opportunity can be provided to close the intraday positions smoothly.
However, not everyone is in favour of extending the trading hours. Zerodha CEO Nitin Kamath has given a reaction on Twitter about this. Nitin Kamath believes that this decision can have an adverse effect on the traders. He said that this decision may lead to less participation and liquidity problems in the long run. Along with this, it can also have a bad effect on the life of traders other than trading.