Build your professional network on facebook via our app Go to app
 
<< Prev  15 of 18 in Topic  Next >>
Topic : Indian Stock Market Guide
  Rate : 
Posted in Community :

Investment Hub

 
Created by : Rashmi Patil, Financial services  | 01 04 2010 07:38:18 +0000
Industry : Equity Research/AnalyticsFunctional Area : India(Markets)
Activity:  428 views;  last activity : 07 06 2010 20:18:09 +0000

There is a big debate doing on whether the stock market timings needs to be extended or not, as it is said that domestic stock exchanges will stick to their decision to start trading 55 minutes earlier than the current opening time from January 4 even as leading broker associations continue to protest.

But then Officials at the stock exchanges reiterated that the exchange would open at 9:00 a.m. from Monday, after the Association of National Exchanges Members of India (ANMI) on Wednesday made some last ditch attempts to defer the step to extend trading hours.

There would be many investors on the platform and I would like to ask them, will an early opening for the stock markets help the cause for the Investors? share your views on this.

 
 Refer 386
Share
 
 
  Rate : 
 
 
Yes Vs No
3
 
 
 
 
7
1
4
Support   Support
Top Argument
1
1

Starting the market about 55 min early will surely going to affect in a positive manner provided if all the factors should be successfully taken care off due to which management had taken the decision.If im not wrong the primary pressure was to align the Indian market timing with the global player which were ahead and to make the balance in terms of timing and trade they first decided to map the timing with the other foreign markets.

Other factors were increasing the volume , letting the more people involve in the market system who were earlier not able to engage due to time constraint.I think its a positive move being made by the management and as an individual or an corporate we all should support it as it will be fruitful for our economy in moving ahead.


By Ravinder Pundir, Sr. Consultant/Business Analyst, Cisco Systems  01 05 2010 11:16:44 +0000
 
Top Argument
2
0

we should understaind the system and deliver the best.

the responsible managment should suggest the ways how to improve within the parameters of our work.

just to deviate the people from our failures sometimes senior managment give a new idea so that people forget about the past failures.


By RAGHUBIR SINGH, Marketing Manager INTERNATIONAL OPERATIONS IN 25 COUNTRIES SPECIALLY GULF AND AFRICA, DKY SALES PVT LTD  01 05 2010 01:02:55 +0000
2
0

I have been working in the stock exchange for the last 7 years and early extension of 55 minutes is unwarranted. I have obseved that maximum trades are done during the first 2 hours and last 2 hours  of trade. It hardly make an iota of difference if one opens early or 9.55. Actually the exchanges are meant to b facilitator in trading and not getting involved with volumes in the exchanges. The early extension of trading  is done practically to drive the small investors andsmall brokers. The FIIs, mutual funds must have pressurised the stock exchanges for a earlier opening so that investors will put their money in mutual funds. I have made a report on todays trading pattern on nifty futures and I found that there was only 5.11 lacs volume at 9 to 9.30, next the volume was 14.50 lacs between 9.30 to 10 a.m. Maximum volume was done in the last 2 hours of trade


By brian crasto, Analyst, indiabulls securities  | 01 04 2010 11:08:22 +0000
1
0

To look at it at this stage i would say, the move is no doubt a good thought but not the right time to get into. This move will not only change the timing to trading but it will effect the entire financial system of the economy directly or indirectly, like the banks will have to change their operating timing, brokers will have to login early and off course the infrastructure problem and many such... i feel the thought is really good to reduce the volatility and stock manipulation to much extent but also feel this would really require some more  time for the financial environment to digest this and get ready to face and go along .... Thank you, Manish N

Cheers!!


By Manish N Chugh, Officer Trainee, Stock Holding Corporation of India ltd.,  | 01 04 2010 08:01:16 +0000
1
0

I don't think it will work at the moment as the infrastructure is adequate at the moment and also we lack better banking channels, there will be undue stress on manpower and higher transaction costs.  There should not be any hurry in extending market timings, as putting load on the system with a weak infrastructure will not be in the interests of any parties concerned and investors may lose out in the short run.


By Rashmi Patil, Financial services  | 01 04 2010 07:43:42 +0000
Telecom Jobs in India
  • Create a confidential Career Profile and Resume/C.V. online
  • Get advice for planning their career and for marketing of experience and skills
  • Maximize awareness of and access to the best career opportunities
Viewers also viewed
Recently when Warren Buffett came to India he warned investors to be careful about which social...
 
1389 referals 22 arguments, 820 views
The Indian equity market witnessed a see-saw motion in the first few months of 2011. As such...
 
980 referals 16 arguments, 631 views
Education in India is growing and also the method of education. But as we know 35% of Indian...
 
877 referals 115 arguments, 5611 views
more...  
 
More From Author
Sometimes our moeny saving thought process is narrow and we do some stupid mistakes which actually makes us spend more than we save. Such mistakes should better be avoided. To avoid first we need to know what all mistakes can we make. So let us...
Integration of goods and services taxation would give India a world class tax system and improve tax collections. It would end the long standing distortions of differential treatments of manufacturing and service sector. The introduction of goods and...
Ego comes naturally ..as you rise you either need to protect yourself from it or it will show its colour. Ego clashes come out of four walls in no time.
more...