Bull Run Continues On Dalal Street; Sensex, Nifty Settle At Record Highs

The BSE’s benchmark Sensex and National Stock Exchange’s Nifty have gained 17.8% and 18.1% respectively year-to-date

The technical team of NSE is looking into the issue and market re-open time would be intimated shortly, it had said.

In a related development, a technical glitch occurred during the early-morning trade session on Monday and impacted trading on the Cash and Future and Option (F&O) segments.

Mumbai: Markets continued their upward climb in afternoon trade with both Sensex and Nifty peaking a fresh all-time highs.

In a message posted on its website, the NSE had said the cash market segment shall reopen at 1215 hours and end at 1222-1223 hours.

The stock exchange said that it shut down F&O segment at 9.55 am.

The National Stock Exchange had faced a technical glitch which led to it not being able to function.

"SEBI is in touch with NSE and is closely monitoring the situation", Sebi said.

A BSE spokesperson said the exchange is not facing any problems. "A mixed trend at other Asian bourses following a rally on Wall Street on Friday on the back of forecast-busting USA jobs data cheered investors here", the report said. During the day, the NSE issued as many as three public statements about the technical snag, with the last one coming at around 1930 hours. The broader 50-share NSE Nifty also surged as it opened at 9,695, gaining 29.20 points.

The Finance Ministry has asked NSE and the market regulator, Securities and Exchange Board of India, to submit a report within the next two days on the reasons for the disruption, a senior finance ministry official said. Besides, the NSE has referred the matter to the Standing Committee on Technology to review the problem and approve measures to prevent recurrence of such glitches.

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