Will take opinion from various market participants on extension of mkt hours: BSE

Ashish Chauhan

MD and CEO | BSE

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In an interview to CNBC-TV18, Ashishkumar Chauhan, MD & CEO of Bombay Stock Exchange (BSE) spoke about the extension of trading hours and a lot of other things.

Chauhan said in the last seven-eight years the world has seen an unprecedented bull run in international markets. India came late but the fact is it's a liquidity driven situation which has fuelled the boom, he added.

He further said that market situations would improve once geopolitical situation improves.

Talking about trading hours, he said there are arguments in favour and against extension of trading hours.

"Why does the market exists? Market exists for servicing the investors. What is the purpose of the market?  Of course the first purpose is to channelise the savings and second is to allow trading so that signalling and execution happens in right way," he said.

He mentioned that in India itself commodity markets have been working till 11 pm.

Will take opinion from various market participants on extension of market hours, said Chauhan.

Chauhan further mentioned, for me the decision making will have to be done keeping in mind everyone's perspective, prevailing conditionality and also what international practice is.