Country's largest bourse NSE today halted trading for over three hours due to technical glitch, leaving investors with no real time updates and prompting the government to seek a report on the matter.
Country's largest bourse NSE today halted trading for over three hours due to technical glitch, leaving investors with no real time updates and prompting the government to seek a report on the matter.
The IPO-bound exchange 'deeply apologised' for the glitch even as trading went off smoothly at rival BSE where volumes surged.
Sources at the finance ministry said it was a technical problem that led to trading disruptions and there was no information about hacking.
Investors faced problems since morning in executing trade and the exchange stopped trading in cash as well as Futures and Options (F&O) segment.
After at least two attempts to set things right, the National Stock Exchange (NSE) resumed operations at 1230 hours but display issue persisted which was addressed later.
There have been instances earlier also when the NSE and the BSE have faced trading problems.
In a statement issued at around 1530 hours, the exchange said cash market segment did not function normally due to technical problem at the opening today and was closed.
"F&O and CDS (Currency Derivatives Segment) market segments opened normally. Subsequently after giving notice to the market, the F&O segment was also closed," it said.
Despite the chaos, the benchmark 50-share Nifty settled above the 9,700-mark for the first time.
Since morning, investors had faced problems in executing trade and later the exchange stopped trading in cash as well as F&O (Futures & Options) segments.
NSE's chief of business development Ravi Varanasi told
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}