Network Glitch Halts Trading on BSE
At 9:42 a.m. local time, the BSE experienced a network outage, though the exchange and its vendor partners are still looking into the reason for the error. The problem was resolved by the BSE's network provider, HCL, by 12:15 p.m. and full trading resumed at 12:45.
"The problem was resolved by 12.15 PM today before the market could be started from [the BSE's] disaster recovery site, [which is] located at Dhirubhai Ambani Knowledge City (DAKC)," according to a press release.
"As the problem was resolved, after initial testing, it was decided to start the market from [the BSE's] current production site located at BSE building. Subsequently, the currency market started at 12.34 PM, equity derivatives market started at 12.36 PM and equity market started at 12.45 pm. Equity market had pre-open period from 12.37 pm to 12.45 PM."
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