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India's NSE Delays Market Reopening After Halt for 'Technical Reasons'

10 Jul 2017 6:03 am
 By Corinne Abrams and Debiprasad Nayak 

The resumption of trading on India's National Stock Exchange after a market halt related to a glitch Monday morning has been postponed.

After issuing separate statements that said trading would resume at 10:45 and then 11:15 local time, the NSE on its website said it would post a new reopening time soon. The NSE is the country's largest exchange by trade value.

"Due to technical reasons in cash market," trading has been stopped in both the cash and futures-and-options segments of the exchange, an NSE spokesman wrote earlier in an email. "The technical team of NSE is looking into the issue."

Brokers confirmed they were unable to make trades.

A spokesman for BSE Ltd., which operates the country's benchmark S&P BSE Sensex, said that the index was unaffected.

Write to Corinne Abrams at corinne.abrams@wsj.com and Debiprasad Nayak at debi.nayak@wsj.com

(END) Dow Jones Newswires

July 10, 2017 02:03 ET (06:03 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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