Commodity Trading: Time will change from tomorrow, notice new time

by Jeremy Spirogis
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Mumbai. Commodity exchanges have diminished buying and selling hours because of a 21-day-long lockdown within the nation within the wake of a coronavirus outbreak. The futures markets of the nation will now commerce solely until 5 pm. The choice to cut back the buying and selling time of commodity and commodity derivatives has been taken by the Securities and Exchange Board of India, SEBI. After the SEBI choice, all of the exchanges together with Multi Commodity Exchange ie MCX, the nation's largest futures market, have diminished the buying and selling time in all commodities to five pm. The change in buying and selling time on MCX will likely be efficient from 30 March.

Trading in Commodity Exchange

The nation's commodity exchanges primarily commerce gold and silver. <! –

                 Apart from this, agro commodities are additionally traded right here.

New time will likely be adopted from Monday

After the change in buying and selling time, now buying and selling on MCX will begin at 9 am whereas the closing of the session will likely be at 5 pm. Earlier, some commodities traded on MCX as much as 11.55 within the evening, whereas some traded until 9 pm.

There is a large decline within the inventory market as effectively

Investors are additionally withdrawing cash from the inventory marketplace for worry of harm to the economic system from the corona virus. Foreigners have up to now withdrawn funding of about Rs 1 lakh crore within the month of March.

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