Technical glitch hits NSE Cash, F&O segments trade

Mumbai July 10 (IANS) The National Stock Exchange of India (NSE) on Monday said that a technical glitch impacted trading on its Cash and Future and Option (F&O) segment during the early-morning trade session.

According to the stock exchange the glitch has since been resolved.

The NSE said that its cash market has restarted at 11.00 a.m. with a 15-minutes pre-open period and that the derivatives segment was opened at 11.15 a.m.

An earlier statement from the bourse 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."

However traders contacted by IANS said that trading has not restarted even at 11.35 a.m. due to some technical glitch.

"It has not restarted even now. The problem about price updation and placing of orders has been going on since the very start of the trade session. Afterwards we were informed by the NSE that the trade will restart at 10.15 a.m. and then at 11.00 a.m. " a stock broker told IANS here.

The technical glitch was noticed after the NSE stock rates were not in tandem with BSE (Bombay Stock Exchange) scrip prices.

--IANS
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