Wednesday, February 24, 2021
The National Stock Exchange (NSE), India’s largest stock exchange, today(24th Feb.2021) abruptly shut its cash and derivatives segment following a glitch that froze stock prices.
Trading was halted at 11:40 am. Stock and index prices had stopped updating from 10:08 am, said market participants.
"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.
In view of the above all the segments have been closed at 11.40 and will be restored as soon as the issue is resolved,” said a spokesperson of the exchange.
Indices turned volatile in the afternoon trade after the National Stock Exchange (NSE) resumed trading after an over three-hour-long halt due to a technical glitch. Markets shall remain open for trade till 5 PM today