India's stock exchanges are considering trading on February 28, the federal Budget day, which falls on a Saturday.

"If Sebi wishes we will be open on budget day. We await a direction from regulator," a spokesman for the National Stock Exchange (NSE), the country's top exchange, said.

A source at the Bombay Stock Exchange said the exchange was in talks with the NSE and capital markets regulator (Securities and Exchange Board of India), but no decision has been taken yet. 

(Reporting by Abhishek Vishnoi)