Journalism of Courage
Advertisement
Premium

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.

nse, Vikram Limaye, nse glitch, nse technical glitch, National Stock Exchange, sebi, nse newsThe initial public offer of NSE has gone into an indefinite limbo even as the exchange and the regulator negotiate a massive consent order of between Rs 250 crore and Rs 500 crore. (Source: File/ Reuters photo)

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)

From the homepage
Tags:
  • NSE
Edition
Install the Express App for
a better experience
Featured
Trending Topics
News
Multimedia
Follow Us
Long ReadsDevice used to scare monkeys became a Diwali rage in Bhopal. Then came the eye injuries
X