Broadcast in all indices resumes normally after Nifty Bank, Nifty encounter glitches in early trade

The Indian stock exchanges reported glitch amid massive sell-off on Monday as many users and investors complained. The shares of the companies had stopped updating on the real-time basis on the NSE in the early hour of trade.

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"Trading in all segments is functioning normally. However, NIFTY and BANKNIFTY indices are intermittently not getting broadcasted. The Exchange is working on resolving the issue and shall keep the members informed," NSE India tweeted on its official Twitter handle.

Trading in all segments is functioning normally. However, NIFTY and BANKNIFTY indices are intermittently not getting broadcasted. The Exchange is working on resolving the issue and shall keep the members informed.

— NSEIndia (@NSEIndia) March 7, 2022

"This is to update you that broadcast has resumed normally in all indices," another tweet said following the above tweet. There were a series of tweets on this. 

This is to update you that broadcast has resumed normally in all indices.

— NSEIndia (@NSEIndia) March 7, 2022

“There is an issue with data feeds for NSE stocks from the exchange across all brokers. Please check 20 depth before placing orders or place orders on BSE,” stock broking platform Zerodha through said on its Twitter handle.

“Order placement is not affected. We're checking this with NSE”, it further added in a statement. 

We have started receiving live data from NSE except for indices. To confirm, you can check the last trade time (LTT) in the market watch before placing orders. https://t.co/Cf1L0WjrJg

— Zerodha (@zerodhaonline) March 7, 2022

However, the company soon after minutes updated through Twitter handle that “We have started receiving live data from NSE (except indices). To confirm, you can check the last trade time (LTT) in the market watch before placing orders.” 

Meanwhile, BSE in its statement said that ‘BSE is working normally today’ amid the time being glitch with NSE early morning trade today. 

“The Exchange is working on resolving the issue and shall keep the members informed,” an NSE Tweet said. 

The Indian markets witnessed huge drop during today’s session, as Sensex slipped more than 1700 points and Nifty50 trading below 15800-mark, on the back of higher crude oil prices amid Russia and Ukraine geopolitical tensions. 

The Brent Crude touched an all-time high since 2008, hitting US $130 per barrel. India is one of the largest crude oil importers and rising crude oil prices disturbs the country’s fiscal math, experts believe. 

According to the traders, the Nifty index froze, minutes before the market open on Monday, and the rates had stopped updating immediate after open.