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Is extending trading hours at BSE, NSE by opening at 9am instead of 9.55am a good move?

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Is extending trading hours at BSE, NSE by opening at 9am instead of 9.55am a good move?

Two major stocks exchanges in the country, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), have issued a statement announcing that they will implement the revision of their market opening time from 9.55am to 9am from January 4, 2010. The commencement of longer trading hours, originally scheduled to start from December 19, was delayed due to negative "market feedback".

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Link : http://www.onlineequitycalls.com/2009/12/is-extending-trading-hours-at-bse-nse-by-opening-at-9am-instead-of-9-55am-a-good-move/


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