Sebi, Finmin seek detailed report from NSE as trading halts due to glitch

The issue came to light less than an hour after normal trading had commenced, with several brokers complaining of freezing of live price feeds

The National Stock Exchange (NSE) on Wednesday suspended trading in its cash and derivatives segments for over three hours—one of its worst-ever outage—jeopardising the interests of several market participants. The exchange cited issues with its telecom service providers that prevented stocks and index quotations from getting updated. The issue came to light less than an hour after normal trading commenced, with several brokers complaining that live price feeds had frozen.

At 11.40 am, the exchange halted equity market trading, forcing investors to redirect their cash market trades to the BSE—where “impact costs” are typically high due to shallow trading volumes.

“NSE has