Mixed Reactions From Netizens To Saturday's Full-Day Trading Surprise
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

Congratulations!
You have successfully subscribed.

Traders and investors were mixed in their reactions to a special full-day of trading on Saturday and a market holiday on Monday.

What Happened: The Securities and Exchange Board of India announced late on Friday that the equities market would be open on Saturday for a full session of trading. However, currency and commodity markets will remain closed.

Many on social media platform X said the last-minute notice from SEBI would cause unnecessary hassle for traders.

See Also: Small Cap Tata Stock Tanks 7% Even As Revenue Surged 100% In Q3

Moreover, adding to the confusion, mutual funds would not accept subscriptions as it is a non-business day for asset managers, adding to the confusion.

One X user also said that many traders may have made other plans for the weekends and would likely miss out on a session of trading due to the lack of previous intimation.

Others, however, defended the move, comparing it to the hour of Muhurat trading during Diwali.

Read Next: Why Hindustan Unilever Share Price Is Diving Nearly 3% Today

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...
EquitiesGovernmentRegulationsMarkets