A screen grab of MSEI website More From Livemint »Mumbai: Metropolitan Stock Exchange of India (MSEI) Ltd in a circular on Tuesday that it will extend trading hours to 5pm with effect from Friday, in an apparent effort to garner market share from larger peers BSE Ltd and the National Stock Exchange (NSE). The Securities and Exchange Board of India (Sebi) had permitted stock exchanges to set trading hours in the equity and derivatives segments between 9am and 5pm in a circular on 23 October 2009. MSEI, formerly known as MCX-SX, has an insignificant market share in these segments when compared to BSE and NSE. Udai Kumar, managing director and chief executive of MSEI, could not be reached for comment. I don’t think the other exchanges will act on this,” said Deven Choksey, group managing director at KR Choksey Investment Managers Pvt.

Source: Mint July 04, 2017 15:33 UTC