Don't expect cash mkts to get extended beyond current trading hours: Limaye

NSE's Managing Director and CEO Vikram Limaye told BS that the exchange will be ready to extend derivatives timings from October 1

Stock exchanges have welcomed market regulator Securities and Exchange Board of India’s (Sebi’s) move to extended derivatives trading hours. NSE’s Managing Director and CEO Vikram Limaye told Shrimi Choudhary and  Sachin Mampatta that the exchange will be ready to extend derivatives timings from October 1 but timings for the cash segment will remain the same. Edited excerpts:

Your first reaction to the Sebi move.

It’s good for the market. We have been saying this was needed from the hedging perspective. It will help take care of event risks as it will provide an opportunity for investors to hedge when other