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MUMBAI (Commodity Online) : Securities and Exchange Board of India (SEBI) on Friday decided to permit Stock Exchanges to set their trading hours (in the cash and derivatives segments) subject certain conditions.
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In a circular issued here SEBI said it took this decision in consultation with stock exchanges and other market participants.
The conditions put forward by SEBI in this regard includes (1) trading hours are between 9 AM and 5 PM and (2) exchange needs to place risk management system and infrastructure commensurate to the trading hours.