"The technical team of the NSE is looking into the issue", the NSE said in a statement.
After at least two attempts to set things right, the National Stock Exchange (NSE) resumed operations at 1230 hours but brokers and traders had complained of difficulties in getting updates which continued till around 1400 hours. Incidentally, the glitch comes at a time when the exchange is in the midst of a regulatory probe related to co-location and algorithmic trading. A source, who works in a broking firm, told Moneycontrol: "We collect trading rates a day before pre-opening and send them to the exchange".
The stock exchange said that it shut down F&O segment at 9.55 am.
In a thrilling session on Monday, the domestic equity market registered fresh lifetime high, despite the National Stock Exchange (NSE) witnessing no trading for over three hours due to a technical glitch in the morning session.More news: Trump Considers Hard Line on Chinese Steel in Advance of G20 Summit
More news: 'Spider-Man: Homecoming' Swings to $50.5M Friday for $120M-Plus Launch
More news: Trump to Meet With Merkel Before G-20 Summit
The key stock exchange has attributed the problem to a technical glitch, vowing to resolve the issue as soon as possible.
"SEBI is in touch with NSE and is closely monitoring the situation", Sebi said. The 50-share NSE Nifty also rose by 105.25 points, or 1.09 per cent, to 9,771.05, its record closing high, breaching its previous record high of 9,675.10 recorded on June 5.
The exchange made a submission to the regulator on the glitch and informed that all executed trades in cash and F&O (Futures & Options) segments remain valid. A combined 579,483 shares changed hands on the counter on BSE and NSE so far.
NSE also clarified that it did not shift trading to the Business Continuity Planning or Disaster Recovery sites since those are invoked only during some form of disaster, hardware failure or connectivity issues whereas preliminary assessment on Monday indicated a software problem.