Read here: NSE plans to extend trading hours for derivatives segment in a phased manner: Report Meanwhile, the bourse is reportedly considering to introduce products in the evening session in a phased manner and plans begin with index futures and options including Nifty 50 and Bank Nifty. Raising concerns about traders’ health, Naresh Nambisan, a full time trader, expressed his views on social media platform, X. “Trading is a high stress job.
Here your longevity matters. So more than 6 hrs will affect your health. Breaks & rejuvenation is important in this game.
This proposal will also increase volumes for NSE as all those who who are in day jobs will try to trade & lose money thinking of making casual money during evening session," Nambisan wrote. NSE’s plan of extending trading hours is aimed to offer an opportunity to domestic traders to react to global events, according to reports. Reacting to this, Samir Arora, fund manager and founder of Helios Capital, wrote, “How does it matter if traders react immediately or next morning.
For the same pot of money everyone works more. Instead increase the number of stocks that have listed futures to bring more efficiency to stock prices." Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Explaining further how a futures contract increases efficiency, Arora replied, “Because people can short and whenever there are two sides in a market, market will be more efficient. Does not happen in 100 pct of the cases because a large whale might rig both cash and Futures but their effort goes up and therefore there will be less cases of price rigging or artificially held up or held down
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