Trading resumes at NSE after a 3-hour technical glitch

A man walks past the NSE (National Stock Exchange) building in Mumbai (Photo: PTI)
Trading resumed at NSE after the exchange was hit by a major technical glitch early morning on Monday. The NSE's cash and F&O trading resumed at 12:30 pm, after remaining shut for three hours, with a pre-opening session from 12:15 pm. 

The members were given a 15 minute window to cancel their outstanding orders. The cancellation window was available from 12:15pm to 12:29 pm, NSE said.

Price quotations for individual stocks listed on the National Stock Exchange (NSE) were not updating on Monday morning and investors could not place trades, in a problem that appeared to be widespread, four dealers said.

"Due to technical reasons in cash market, trading has been stopped in both Cash and F&O segment of NSE. The technical team of NSE is looking into the issue. Market re-open time will be intimated shortly," the exchange said in a statement.

"We are not shut for the full day. We are trying to address the issue," Divya Malik Lahiri, NSE's Head of Corporate Communications, told Reuters.

Her comments come after the exchange tried unsuccessfuly to re-open trading after technical issues prevented dealers from placing orders.
The NSE shut down trading in the futures & options (F&O) segment at 9:55am.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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