The National Stock Exchange halted trading in the Futures & Options Market at 11:40 am and the cash market at 11:43 am on Wednesday.
Reportedly, the index price feed for indices across brokers froze due to a technical glitch.
“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,” NSE said on Twitter.
“We are working on restoring the systems as soon as possible. In view of the above, all the segments have been closed at 11:40 and will be restored as soon as issue is resolved,” NSE added.
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.
— NSEIndia (@NSEIndia) February 24, 2021
Desi Twitter reacts in typical meme style after NSE halts trading:
Meanwhile, the social media users and investors have created a whole meme fest on the issue. The microblogging site, Twitter has been bombarded by hilarious memes regarding the same.
Have a look at the memes:
Traders waiting anxiously waiting for an update on the trading time from #NSEIndia.
Meanwhile people who have shorted in Cash & Options Buyers#WhatsappForward pic.twitter.com/GvQUdZ7Ae0
— Nigel D’Souza (@Nigel__DSouza) February 24, 2021
Investors to NSE #nseindia pic.twitter.com/GvpFRWNz5o
— Finance Memes (@Qid_Memez) February 24, 2021
Looks nse is using old computer system. 😜 #nseindia pic.twitter.com/kbK76q77WD
— Rachit Jain (@rachitpjain) February 24, 2021
Such a Hard Working Team of #NSE working 24*7 to ensure safety of Retail traders
Sharing a Sneak peak with you
So Proud 😎#nseindia #NSE pic.twitter.com/UJqzXdhWTJ
— harshubh (@harshubh) February 24, 2021
#nseindia and Traders.#StockMarket #NSETechnicalglitch #nseindia pic.twitter.com/ExRd8fnVO4
— SM TRADERS (@THESMTRADERS) February 24, 2021
NSE Down from 10am ,traders abusing brokers. #nseindia #StockMarket#zerodha be like : pic.twitter.com/63VJ1PjiWL
— Suresh (@skotipalli) February 24, 2021
#NSETechnicalglitch #nseindia @AnilSinghvi_ NSE Technical team right now !! pic.twitter.com/8OLiz0SMCM
— Akash premchandani (@Akspremchandani) February 24, 2021
#nseindia down
Meanwhile: pic.twitter.com/HZwP6rmtrM
— Hadrian (@WallOfHadrian) February 24, 2021
Meanwhile..#nseindia to traders.
— The MF Guy (@TheMFGuy1) February 24, 2021
#StockMarket#nseindia #nifty50
NSE to newbies 😂😂 pic.twitter.com/OSfsnRKLxL
— वैराग्य (@Imsrb9) February 24, 2021
When NSE crash due to failing of 2 telecom lines me to digital india 🙂 😂#nseindia #cgl19marks pic.twitter.com/fcKMsRfeX1
— Shivam Agrawal (@agrawal_001) February 24, 2021
#NSE just checked in guys, after all everyone needs a break 🤷🏻♀️#NSEIndia #StockMarket
— OYO (@oyorooms) February 24, 2021
