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Two Telecom Lines Fail to Save World s Top Derivative Bourse

Two Telecom Lines Fail to Save World s Top Derivative Bourse
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NSE Tech Glitch: Two telecom lines fail to protect world s top derivative bourse

By Nupur Acharya and Siddhartha Singh Less than an hour into trading in India’s $2.7 trillion stock market on Wednesday, dealers saw index levels on the National Stock Exchange’s cash segment had stopped updating. By 11:40 a.m., the world’s biggest derivatives bourse halted trading in all segments. The incident prompted the markets regulator to ask the NSE to investigate why trading didn’t migrate to its disaster-recovery site to prevent the longest-ever trading outage the country has seen. The exchange handles the globe’s highest number of futures and options contracts, and with expiry looming Thursday, business was humming.

Allsec Technologies Ltd leads losers in B group

Agarwal Industrial Corporation Ltd, Gokul Agro Resources Ltd, Angel Broking Ltd and Arrow Greentech Ltd are among the other losers in the BSE s B group today, 29 January 2021. Agarwal Industrial Corporation Ltd, Gokul Agro Resources Ltd, Angel Broking Ltd and Arrow Greentech Ltd are among the other losers in the BSE s B group today, 29 January 2021. Allsec Technologies Ltd crashed 6.75% to Rs 284.5 at 14:33 IST.The stock was the biggest loser in the BSE s B group.On the BSE, 5219 shares were traded on the counter so far as against the average daily volumes of 4060 shares in the past one month. Agarwal Industrial Corporation Ltd tumbled 6.08% to Rs 143.7. The stock was the second biggest loser in B group.On the BSE, 2055 shares were traded on the counter so far as against the average daily volumes of 15402 shares in the past one month.

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