Business Standard

National Stock Exchange system hit by glitch in final minutes of trade

Sources said the exchange is looking to ascertain the reason for the glitch. Some officials said the problem occurred due to a connectivity issue with one of the internet services providers, Sify

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The National Stock Exchange (NSE) system faced trading outage, with investors unable to place orders in the last 15 minutes of the trade on Monday. The move hit several brokers and traders who had active positions in the market. 

Sources said the exchange is looking to ascertain the reason for the glitch. Some officials said the problem occurred due to a connectivity issue with one of the internet services providers, Sify. 

“NSE stock price feeds stopped updating after 3.15 pm. The system started showing Friday’s closing prices. Traders were unable to square off their positions, leading to panic,” said a person aware

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