In this blog,on 6/6/2008 we submitted that release of inflation data during mkt hrs do have impact on the share prices and requested the gov to consider the timing of release. Now, the gov has decided to change the timing that instead of Friday noon,the data will be released on thursday evening.
A good move,Isn't it.Now the traders will get time to see the data instead of knee jerk reactions on fridays.
Similarly,we have asked the companies to release its qtrly results after the market hrs.Lets see what happens.