Trading halted on NSE due to technical glitch
For those who are trading in the stock market, today has been a restless day. The National Stock Exchange NSE, one of the world’s most prestigious stock exchanges, suffered a major technical glitch today, due to which the indices are not updating since morning, the NSE stopped trading at futures and options at 11.40. Then the cash market was also closed at 11.43.
Experts say that this technical flaw is expected to cause big losses to traders, as stocks are being updated, but no updates are visible in the index. This is a separate problem in itself, which has never been seen before in the NSE. Traders are worried that their trade is stuck, so what should they do now.
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 issue is resolved.
— NSEIndia (@NSEIndia) February 24, 2021
It has been said by NSE that they will get the systems up soon. The demand of market traders is that the first 2 hours of the market have been spoiled, in which case the trading time of NSE should be extended further. Experts say that unless trading starts in the NSE, use BSE.
NSE says that due to problems in the network, the work has to be stopped, the telecom service providers have given information about the problem in the network. It will be fixed soon.
