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
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.