NSE Glitch

Regulator issues new guidelines for switching to backup sites

Asks intermediaries to stagger the offerings as much as possible

Here's a selection of Business Standard opinion pieces for the day

The outage caused a serious embarrassment, not only for the NSE but also for the Securities and Exchange Board of India (Sebi) and the government of India

The committee after a detailed examination would send its findings and recommendations to whole-time member Madbhi Puri Buch, to decide the future course of action, said two people in the know

In 1992, when the NSE was conceived, the idea was to offer strong competition to the unruly BSE. The situation has long reversed

It said trading could have continued as there was an issue only with two spot indices. Reasons for not activating the recovery site after 45 minutes of the outage also remained unknown

In Jan, Sebi floated a discussion paper proposing to ease ownership norms for new exchanges

Stock exchanges should be better prepared

The NSE's cash and F&O trading resumed at 12:30 pm