BSE resumes trading after network outage
After a halt of over three hours due to a network outage, the Bombay Stock Exchange resumed share trading with another pre-open session today
Mumbai: After a halt of over three hours due to a network outage, the Bombay Stock Exchange resumed share trading with another pre-open session today.
Earlier in the day, the BSE suffered a glitch in the connectivity system due to a network outage, owing to which trading at the exchange was stopped.
The benchmark 30-share Sensex had resumed with strength at 0915 hours and surged over 83 points to hit another record-high of 25,924.25 points in opening trade. However, the trading was halted at about 0935 hours due to a connectivity error.
"Due to a network outage, BSE closed all markets. Network service vendor HCL is working to resolve the market," a BSE spokesperson had said earlier this morning.
All previous orders in the order-book will get cancelled, the spokesperson added. Sensex values stopped updating just 15 minutes after opening trade today.
The Sensex halted trading this morning across all its platforms, including shares, currencies and indices due to a network outage. However, normal trading was restored by noon.
This is the second time in two months when the BSE has faced a technical glitch.