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The commodity exchanges had requested Sebi to consider extending the trading hours.
The commodity exchanges had requested Sebi to consider extending the trading hours.

Sebi extends trading hours for commodity markets

Commodity markets can open at 9 am instead of 10 am now, closing time for agriculture commodities extended by 4 hours to 9 pm

Mumbai: The Securities and Exchange Board of India (Sebi) allowed exchanges to start commodity trading an hour earlier to increase participation of different stakeholders, the market regulator said in a statement on Friday.

The commodity markets can open at 9 am local time (0330 GMT), instead of 10 am now, the market regulator said.

The closing time for agriculture commodities has also been extended by 4 hours to 9 pm, it said.

The commodity exchanges had requested market regulator to consider extending the trading hours considering the influence of overseas market on local prices.

This story has been published from a wire agency feed without modifications to the text.

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