On the auspicious day of Akshaya Tritiya, that will fall on 7 May this year, the Exchange has decided to conduct extended live trading session in Gold Exchange Traded Funds (ETF) securities in the equity segment.
A gold exchange-traded funds which primarily tracks the price of gold. Gold ETFs are units representing physical gold which may be in paper or dematerialised form.
These units are traded on the Exchange like a single stock of any company. Gold can be bought and sold through the trading of a security on a stock exchange.
The extended live trading session will be held for trading in gold exchange-traded fund (ETF) and sovereign gold bonds only, the NSE said in a circular. The regular market timing will remain the same and the closing session will not be available for gold ETF securities and sovereign gold bonds, it added.
The outstanding orders of gold ETF and sovereign gold bonds will be carried forward to extended trading session and can be cancelled by members during the pre-open period of extended market session between 4:25 and 4:30 pm.
The extended trading session will commence at 4:30 pm and close at 7 pm.
Details of Gold ETF securities that would be available for trading in the extended session are as follows:
|Axis Gold ETF||AXISGOLD||Axis Mutual Fund||Nov 2010|
|Birla Sun Life Gold ETF||BSLGOLDETF||Birla Sun Life Mutual Fund||May 2011|
|Canara Robeco Gold ETF||CANGOLD||Canara Robeco MF||Mar 2012|
|HDFC Gold Exchange Traded Fund||HDFCMFGETF||HDFC Mutual Fund||Aug 2010|
|ICICI Prudential Gold Exchange Traded Fund||IPGETF||ICICI Prudential Mutual Fund||Aug 2010|
|IDBI Gold ETF||IDBIGOLD||IDBI AMC||Nov 2011|
|Kotak Gold Exchange Traded Fund||KOTAKGOLD||Kotak Mutal Fund||Jul 2007|
|Quantum Gold Fund (an ETF)||QGOLDHALF||Quantum Mutual Fund||Feb 2008|
|Reliance Gold Exchange Traded Fund||RELGOLD||Reliance Mutual Fund||Nov 2007|
|Religare Gold Exchange Traded Fund||RELIGAREGO||Religare Mutual Fund||Mar 2010|
|SBI Gold Exchange Traded Scheme||SBIGETS||SBI Mutual Fund||Apr 2009|
|UTI GOLD Exchange Traded Fund||GOLDSHARE||UTI Mutual Fund||Mar 2007|
|Reliance ETF Gold BeES||GOLDBEES||Reliance Nippon Life Asset Management Limited||Mar 2007|