Breaking News of the moment comes from Mumbai, where there has been a technical glitch in the system of National Stock Exchange of India (NSE) where in NSE cash quotes were not updating.
I am sure if you are a Broker, Trader or an Investor you would be anxious to know what the whole issue is about.
I am sure you might be searching about NSE Error, NSE Technical Glitch, NSE Quotes not Updating, NSE BSE Price Mismatch,etc.
It all started when the exchanges opened at 9:15 am. The S&P BSE Sensex surged to a fresh record high of 31,595.46 in opening trade while the Nifty50 rose to a high of 9,765.90.
But soon it was know that NSE cash quotes were not updating at all…..
Wide discrepancy was found in stocks prices of almost all companies.
For example, Tata Motors on the BSE was trading 2.2 percent higher at Rs 446 while on the NSE it was down 0.6 percent at Rs 436.85.
“Trading is currently not happening at all. It is a bigger problem than a mere rate, there should not be any panic though,” Deena Mehta, MD, Asit Mehta Investment Intermediates told the channel, adding that there is a good chance that the exchange will cancel all the pending orders.
According to media reports, NSE to start cash and F&O trade at 10:45 am.
It is learnt that the exchange will start pre-opening session at 10:30 am.
Unfortunately, all this happened on the day when shares of AU Small Finance Bank were to list on the exchanges.
Meanwhile the system of Bombay Stock Exchange (BSE) is working absolutely fine.