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India bond market trading extended by 30 minutes on Tuesday: traders

Reuters  |  MUMBAI 

MUMBAI (Reuters) - The Reserve Bank of India extended bond market trading hours by half an hour until 1730 local time (1200 GMT) on Tuesday, according to traders who received a notification. The RBI has not provided a reason for the extension, traders said, adding it was likely because the results of state bond auctions were announced late, and the central bank wanted to give enough time for settlements to take place. India is due to report consumer inflation at around 1730. (Reporting by Suvashree Dey Choudhury; Editing by Rafael Nam)(This story has not been edited by Business Standard staff ...

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First Published: Tue, September 12 2017. 17:26 IST