Key Indian equity indices touch record highs

After opening strong the 30-share index rose further by 234.83 points or 0.74% to hit a new peak of 31,595.46

According to brokers and those trading on the NSE, stock prices did not get updated and there was also an issue in accessing the F&O segment.

Positive global cues along with short covering, above normal monsoon rains and expectations of healthy quarterly numbers pushed the Indian equity markets to close at fresh highs on Monday.

The key stock exchange has attributed the problem to a technical glitch, vowing to resolve the issue as soon as possible.

On BSE, 1,540 stocks advanced, while 1,112 declined and 157 remained unchanged. Elsewhere across the continent, one other stock exchange too went through something similar and halted trading. "A clear framework will remove uncertainties from the minds of the traders and investors", said the former ED of SEBI.

The NSE also said the currency derivative segment was functioning normally.




That will further raise scrutiny of the NSE, which submitted an application for an initial public offering (IPO) in December but has yet to win approval for the listing from SEBI.

Amid concerns raised in certain quarters on why trading activities were not shifted to the back-up system, the NSE said that shifting would have taken longer.

"On preliminary analysis, the technical problem apparently is related to software. For fresh trades, we suggest waiting for some consolidation or dip in stocks and preferring hedged positions", said Jayant Manglik, President, Retail Distribution, Religare Securities.

The NSE reportedly admitted that a technical glitch occurred and said that it was attempting to resolve the issues.

"NSE deeply apologises for the glitch". The NSE has been the largest stock exchange in India in terms of total and average daily turnover for shares every year since 1995, as per Sebi data.

Related news:

Hot News

isis-killer-beheading-video-story-top United States bombers fly over Korean Peninsula after North Korea missile test
Jul 10, 2017 - 00:23
The United States flew two long-range strategic bombers over the Korean Peninsula on Saturday for a joint drill with South Korea. The leaders of Sweden and Japan have demanded that North Korea halts missile tests, and pledged increased cooperation in the U.N.

isis-killer-beheading-video-story-top 1 killed, 8 wounded at pregnant OH woman's gender-reveal party
Jul 10, 2017 - 00:22
A bystander phoned 911, telling the dispatcher she'd seen a pair of men enter the house while sitting outside in her vehicle. I was sitting in my auto . "They were all there for a very positive reason when somebody opened fire", Love told FOX 19.

isis-killer-beheading-video-story-top Iraqi Forces Poised to Declare Victory in Mosul
Jul 10, 2017 - 00:21
The militants captured Mosul , Iraq's second largest city, in a matter of days in the summer of 2014. November 1, 2016- The army said it has entered Mosul city for the first time since 2014.

isis-killer-beheading-video-story-top Record-breaking Rahm wins Irish Open by 6 shots
Jul 10, 2017 - 00:20
Jamie Donaldson, who was tied for 12th after 36 holes, withdrew before his third round because of a pulled muscle in his back. Seve Ballesteros , Jose Maria Olazabal and Sergio Garcia are other Spaniards who have won the Irish Open.

isis-killer-beheading-video-story-top UNESCO declares West Bank shrine as Palestinian, angering Israel
Jul 10, 2017 - 00:14
Ms Haley added to the criticism on saying it was "tragic on several levels", adding: "It represents an affront to history". In 1994, an Israeli settler shot and killed 29 Palestinian worshippers at the holy site before he was beaten to death.

isis-killer-beheading-video-story-top Roger Federer vs Mischa Zverev, Wimbledon 2017
Jul 09, 2017 - 00:29
Federer zapped his 13 ace to end a slick win in style raising his 2017 record to 27-2 as the Big 4 move forward. Mischa's a great guy and I think we fed off each other and played a good match. 'I think I'm on the right path.

isis-killer-beheading-video-story-top Western Canada wildfires prompt evacuations of thousands in British Colombia
Jul 09, 2017 - 00:29
All the residents of Cache Creek and Ashcroft, villages located more than 100 kilometers from 100 Mile House, were also evacuated. Coastal Fire had previously suspected the fire had grown to 20 hectares in size, but this turned out to be not the case.

isis-killer-beheading-video-story-top Celtics Deal Avery Bradley to Pistons, Clear Way for Gordon Hayward
Jul 09, 2017 - 00:25
KCP's production dipped after the All-Star break, and he put up just 13.8 points a game on 39.9 percent shooting on the season. The acclaimed shooting guard was traded Friday , along with a 2019 second-round draft pick, to the Detroit Pistons .

isis-killer-beheading-video-story-top Hamilton hit with 5-place grid penalty for gearbox change
Jul 09, 2017 - 00:25
Valtteri did a fantastic job and I'm very happy for him. "I think in the first stint it's just about length", he said. Magnussen stopped on the track with a technical issue, he was later pulled out of the session by the team.

isis-killer-beheading-video-story-top Samsung's quarterly profit tops estimates
Jul 09, 2017 - 00:24
Samsung was trading down 0.2 per cent after opening 0.7 per cent lower than its last close. For that, we'll have to wait until later this month for the official earnings release.

isis-killer-beheading-video-story-top Trump confirms London trip, promises "very powerful" trade deal with Britain
Jul 09, 2017 - 00:21
A spokesman for the monarchy told the BBC that the queen did not mention the visit because no date has been set. The U.K. can not establish a separate trade deal with the USA until it has left the European Union in 2019.

isis-killer-beheading-video-story-top NBC Sports Presents Live Coverage of 104TH TOUR DE FRANCE This Today
Jul 09, 2017 - 00:21
Ireland's Dan Martin attacked from the pack in the finale but the Quick-Step Floors rider, fourth overall, was quickly reined in. Meintjes was also in third place in the young riders' classification, 41 seconds behind British leader Simon Yates (Orica-Scott).

isis-killer-beheading-video-story-top Fox Business' Charles Payne Suspended After Harassment Allegations, Probe
Jul 08, 2017 - 00:25
He is married and a father, and acknowledged the extra-marital affair on Wednesday, July 5, 2017 while apologizing to his family. She alleged she was asked to make fewer appearances on Fox after ending an extramarital affair with Payne.

isis-killer-beheading-video-story-top Moustakas, Turner named All-Stars in final fan vote
Jul 08, 2017 - 00:23
Turner took first place, edging out the reigning National League Most Valuable Player, Kris Bryant . Want your voice heard? The former second overall pick by the Royals is hitting.275 with 54 RBIs.

isis-killer-beheading-video-story-top 18 states sue DeVos over for-profit college regulation delay
Jul 08, 2017 - 00:16
The rules allowed borrowers to seek loan forgiveness if their schools had deceived them or committed fraud. A final version of the rules was announced last fall after almost two years of negotiations.