NSE technical glitch briefly halts trading

NSE said the market will reopen shortly. According to brokers and those trading on the NSE, stock prices did not get updated and there was also an issue in accessing the F&O segment.

By: Express Web Desk | New Delhi | Updated: July 10, 2017 12:33 pm
NSE, NSE trading, NSE trading stopped, NSE trading, NSE stock price, NSE said the market will reopen shortly. According to brokers and those trading on the NSE, stock prices did not get updated and there was also an issue in accessing the F&O segment.

A technical glitch forced NSE to stop trading on Monday morning as stock prices failed to get updated. “Due to technical reasons in the cash market, trading has been stopped in cash and F&O (futures and options) segment of the NSE,” the NSE said in a statement.

The market will reopen shortly, it said. According to brokers and those trading on the NSE, stock prices did not get updated and there was also an issue in accessing the F&O segment. “The technical team of the NSE is looking into the issue. Market reopen time will be intimated shortly,” the NSE said.

“We are not shut for the full day. We are trying to address the issue,” Divya Malik Lahiri, NSE’s Head of Corporate Communications, was quoted by Reuters as saying. Cash and futures and options (F&O) trading to resume by 1115 hours, the NSE officials further told PTI.

Meanwhile, the benchmark Sensex rose to an all-time high of 31,595 after quarterly corporate earnings optimism gave domestic institutional and retail investors hope to go in for fresh bets. The 30-share index rose further by 234.83 points, or 0.74 per cent, to hit a new peak of 31,595.46. All sectoral indices led by technology, IT, realty, PSU, healthcare and bank saw a gain up to 1.58 per cent. The data for the 50-share NSE Nifty, was not available due to the technical glitch.

(With inputs from PTI)

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