NSE, BSE open for trading on Sat

March 19, 2003 20:27 IST

The National Stock Exchange and Bombay Stock Exchange will hold a two hour trading session on Saturday to enable the NSE to test a back-up trading system, exchange officials said on Wednesday.

Officials said the country's two busiest bourses will be open between 1100 and 1300 IST.

Stock markets in India are usually shut on Saturdays and are open for trading normally on weekdays between 1000 and 1530 IST.

The BSE, Asia's oldest bourse, said it will be open on Saturday to provide its members an equal opportunity to trade.

India's most widely tracked share index closed up 1.18 per cent at 3,121.18 points on Wednesday.

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