National Stock Exchange grapples with system fault ahead of IPO

By Savio Shetty and Abhirup RoyMUMBAI (Reuters) - A technical glitch shut down the National Stock Exchange (NSE) for five hours on Monday, dealing the country's biggest stock market an embarrassing blow ahead of its plans to list and leading to a surge in volumes on a rival bourse.

Trading resumed fully later on Monday, with quotes for individual stocks finally restored with just over an hour of trade left after three attempts to re-open. The disruption frustrated traders and put a spotlight on the NSE when it is facing a regulatory probe over.....

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