NSE’s Extended Trading Hours Proposal Denied by Sebi: Impact on Cryptocurrency Market (BTC & ETH)

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• The Securities and Exchange Board of India (Sebi) has rejected the National Stock Exchange’s (NSE) proposal to extend market hours in the derivatives segment.
• Sebi’s decision was influenced by a lack of consensus among the broker community, according to NSE’s MD & CEO Ashishkumar Chauhan.
• The proposal for extended trading hours, which had received in-principle approval from the Association of National Exchange Members of India (ANMI), has been shelved for now.

Sebi rejects NSE’s proposal to extend trading hours in the derivatives segment, citing lack of consensus among brokers. The decision puts a halt to NSE’s phased plan for extended trading hours.

Sebi Rejects NSE’s Proposal for Extended Trading Hours