NSE suspends buying and selling as a consequence of software program glitch, indices frozen

Image Source : PTI (FILE) NSE indices frozen, tweets brokerage agency Zerodha 
The National Stock Exchange on Wednesday suspended buying and selling on the platform following a technical glitch. Several brokerage corporations and retail merchants mentioned that Index value feed for NSE indices was frozen as a consequence of unknown purpose.

“There is an issue with live ticks for NSE indices (Nifty 50, Nifty Bank and others) across brokers. We are in touch with NSE to have this fixed,” brokerage agency Zerodha mentioned in a tweet. Retail merchants additionally complained of some problem with dwell ticks for NSE indices.

NSEIndia later tweeted that engineers are engaged on restoring the programs as quickly as potential. “In view of the above, all the segments have been closed at 11:40 and will be restored as soon as issue is resolved,” it tweeted.

“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,” one other tweet by NSEIndia reads.

Earlier on Tuesday, the National Stock Exchange introduced modifications in index upkeep pointers, standards and methodology. From March 31, there can be modifications to revision within the index reconstitution date, inventory capping, quarterly rebalancing of shares and investible weight elements, and calculation of Price to Earnings (P/E) ratio for indices. There may also be modifications to calculation of dividend yield per cent for indices.
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