A kind of issues we must always query, as capital markets in India have grown considerably. These midweek unscheduled holidays have an effect on choice time decay, settlement, and costs, with volatility spikes the following day.
@nithin shared this on X:
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To have a very good impact on choices(and to control costs), they need to solely announce the vacation at this time at 7am. In any other case, choices would have already factored within the decay anticipating the vacation. That is sloppy job saying earlier than.
Take it simple, this isn’t a spot for critical peeps! 
With all due respect, I imagine it’s not such a giant deal. NSE, BSE, SEBI workplaces are all in Mumbai and their eligible workers have to exit and vote.
Comply with the Munger quote on incentives, and enthusiastic about it – off day means no trades and no brokerage revenues – so the rationale for Nithin’s frustration is form of being defined by his personal tweet I really feel. Once more no disrespect, I’m a giant fan, however this appeared pointless. It was a deliberate vacation in spite of everything and notified nicely prematurely.
NSE, BSE, SEBI workplaces are all in Mumbai
Mumbai isn’t India although. Native election/riots/poltical occasions or any disturbance should not have any bearing for the whole thing of India. Moreover, do hospitals or emergency providers shut down in Mumbai as a result of native elections? Do Amazon/Google providers fail when there’s elections of their native space? Nithin’s declare is just that if the job isn’t taken significantly like that of worldwide firms, then worldwide buyers received’t take it significantly. And that’s legitimate.
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hospitals or emergency providers shut down in Mumbai as a result of native elections
Okay, I believe this argument makes me realise that markets ought to be open 24×7, 12 months, similar to emergency providers…
It was a deliberate vacation in spite of everything and notified nicely prematurely.
deliberate and notified prematurely ? it was Sensex expiry day. I didn’t even know till Wednesday morning
Overlook about worldwide investor. why do we want a vacation due to native election in Mumbai ?
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markets ought to be open 24×7, 12 months,
Is that infeasible at the moment?
asen: markets ought to be open 24×7, 12 months,
Is that infeasible at the moment?
It’s not, however even brokers have been hesitant final time this dialogue got here up. In fact the default argument is skinny liquidity outdoors of “regular” hours. However it is a pink herring 
In the identical vein, there isn’t a actual cause why we are able to’t have immediate demat settlements a la UPI. 
Inefficiencies are in every single place amongst market individuals. 
