New Delhi: National Stock Exchange (NSE) on Wednesday stopped trading in all segments from 11.40 am due to technical glitch. The trading in both futures and options (F&O) and cash segment was affected.
In a press statement, NSE, India’s largest stock exchange by volumes, said it had received communication from telecom service providers that there were problems with their links due to which there was an impact on its system.
The national exchange said it was working on restoring the systems and the trading will resume from 1 pm. But the market remained dead till the report was filed.
“NSE has multiple telecom links with two service providers to ensure redundancy and we have received communication from both the telecom service providers that there are issues with their links due to which there is an impact on NSE system. We are working on restoring the systems as soon as possible,” said an NSE spokesperson, according to a ‘livemint’ report.
However, trading in Bombay Stock Exchange (BSE) is operational and the Sensex was at 49,991.36, up 239.95 points at 12:10 pm.