Advertisement

NSE India technical glitch: Finance Ministry gets in touch with SEBI, takes stock of trading halt issue

04:04 PM Feb 24, 2021 | FPJ Web Desk

Due to a technical glitch, National Stock Exchange (NSE) stopped updating and NSE India closed cash and F&O market at 11. 40 am and 11. 43 am respectively. It closed all segments at 11.40 am.

NSE India issued a statement saying, "NSE has multiple telecom links with two service providers to ensure redundancy. We have received communication from both the telecom service providers that there are issues with their links due to which there is an impact on NSE system."

Advertisement
Advertisement

It added, "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 am and will be restored as soon as issue is resolved."

Advertisement

Also Read: NSE India down: Investors take to Twitter to pull NSE up

However, now as reported by ET Now, the Ministry of Finance has intervened and gotten in touch with the market regulator SEBI.

FinMin has asked NSE India to explain the technical glitch and asked how long will it take to rectify and start the trading.

Also Read: 'When employees are busy looking at Mouni Roy': Twitter abuzz with memes and jokes as NSE India faces glitch

(To view our epaper please Read Now. For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)

Advertisement