Mumbai, September 10 (Daily Kiran) : Trading activities on the Bombay Stock Exchange (BSE) faced disruptions due to a technical glitch on Thursday. The exchange reported the issue via a post, indicating that a problem arose in the cash segment at around 9:42 AM. Fortunately, other segments continued to operate normally. BSE’s technical team resolved the issue, and trading resumed at 10:08 AM.
However, concerns lingered among market participants, particularly derivatives traders, who reported difficulties with price updates and order executions. Users of Zerodha, one of India’s leading brokerage firms, also experienced issues with price updates for certain futures and options contracts. The company communicated to its clients that it was in touch with the exchange to rectify the problems swiftly.
By 1:03 PM, Zerodha announced that the issue had been resolved, and normal operations had resumed. Despite this, some traders took to social media to express that technical problems persisted intermittently.
Many users complained about prices not updating for extended periods, complicating their trading decisions. Some reported that their orders were neither executed nor canceled in a timely manner. One investor voiced frustration on social media, questioning who would take responsibility for potential losses due to the lack of price updates.
The technical issue occurred on a significant day—the weekly expiry session for the Sensex. Such days typically see increased market volatility and trading volume, making any technical disruptions particularly concerning for traders. Stability on expiry days is crucial, as even minor fluctuations can significantly impact investors’ positions and profits.
Despite the technical hiccup, the Indian stock market exhibited a mixed trend on Thursday. While the Sensex opened slightly lower, the Nifty showed modest gains. Although BSE and brokerage platforms resolved the issue quickly, the event raised questions about the reliability of trading infrastructure and technical stability, especially as retail participation in the Indian market continues to grow and F&O trading reaches record levels.
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