The National Stock Exchange (NSE) on Friday said that the exchange had not issued any circular for revision of the market timing for the closing session. (Image: Reuters)
The National Stock Exchange (NSE) on Friday said that the exchange had not issued any circular for revision of the market timing for the closing session. The exchange further said that a forged circular is being circulated using its name and logo dated September 21, 2017, stating that the market timing for the closing session has been revised. NSE said it has not revised the market timings for the closing session. “It may be noted that, the exchange has not issued any circular for revision of the market timings for closing session,” NSE said in a statement.
The forged circular which is doing rounds on Whatsapp states that NSE will close trading session after 5 pm. Further, NSE has request all members, and investors to verify the authenticity of such circulars by visiting the official site of the exchange, before taking any action. NSE’s circular comes amidst reports that leading bourses have proposed to extend the timings of stock trading up to 7:30 pm to better align Indian markets with global trends and boost business. At present, trading commences on the bourses at 9 am and closes at 3.30 pm, with 15 minutes each of pre-open and post-closing sessions.
