The Association of National Exchange Members of India (ANMI) board has given in-principal approval to expend trading hours for index futures.

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The proposal was approved in the ANMI board meeting on February 2.

The board has agreed to increase trading hours only for index derivatives as trading hours for the rest of the things will remain the same.

The Brokers Industry Standards Forum will soon send a formal letter to the Securities Exchange Board of India (SEBI) in this regard.