Metropolitan Stock Exchange to Open on Budget Day, Challenges BSE and NSE Dominance

Business
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Moneycontrol•20-01-2026, 14:37
Metropolitan Stock Exchange to Open on Budget Day, Challenges BSE and NSE Dominance
- •Metropolitan Stock Exchange of India (MSEI) will be open for live trading on Sunday, February 1, for Union Budget 2026.
- •Normal market hours will be observed, with pre-open from 9:00 AM to 9:08 AM and regular trading from 9:15 AM to 3:30 PM.
- •BSE and NSE will also remain open, ensuring all three major exchanges trade on Budget day.
- •MSEI aims to challenge BSE and NSE's dominance, with live trading starting January 27 for 130 stocks.
- •Despite investments from Groww and Zerodha, market experts believe breaking NSE-BSE's stronghold will be difficult due to their high market share.
Why It Matters: MSEI opens on Budget day, aiming to compete with BSE and NSE, but faces significant market dominance challenges.
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