The revised trading hours for the markets- RBI Extends Market Trading Hours
The trading hours for various markets regulated by the Reserve Bank were amended with effect from April 7, 2020 in view of the operational dislocations and elevated levels of health risks posed by COVID-19. Restoration of market hours in a phased manner was commenced with effect from November 09, 2020 with the easing of pandemic-related constraints, and the opening time for regulated market hours were restored to the pre-pandemic timing of 9:00 AM with effect from April 18, 2022.
It has now been decided to restore market hours in respect of call/notice/term money, commercial paper, certificates of deposit and repo in corporate bond segments of the money market as well as for rupee interest rate derivatives. Accordingly, with effect from December 12, 2022, the revised trading hours for the markets regulated by the Reserve Bank, are as under:
Market | Extant Timings | Timings with effect from December 12, 2022 |
Call/notice/term money | 9:00 AM to 3:30 PM | 9:00 AM to 5:00 PM |
Market repo in government securities | 9:00 AM to 2:30 PM | 9:00 AM to 2:30 PM |
Tri-party repo in government securities | 9:00 AM to 3:00 PM | 9:00 AM to 3:00 PM |
Commercial paper and Certificates of Deposit | 9:00 AM to 3:30 PM | 9:00 AM to 5:00 PM |
Repo in Corporate Bonds | 9:00 AM to 3:30 PM | 9:00 AM to 5:00 PM |
Government Securities (Central Government Securities, State Development Loans and Treasury Bills) | 9:00 AM to 3:30 PM | 9:00 AM to 3:30 PM |
Foreign Currency (FCY)/Indian Rupee (INR) Trades including Forex Derivatives* | 9:00 AM to 3:30 PM | 9:00 AM to 3:30 PM |
Rupee Interest Rate Derivatives* | 9:00 AM to 3:30 PM | 9:00 AM to 5:00 PM |
* Other than those traded on recognised stock exchanges.
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