This article was last updated 10 years ago

BSEIn what could come as a major setback and introspection time for India’s technology sector, the Bombay Stock Exchange was forced to shut down due to a network outage.

As per reports coming just now, the BSE has asked all stocks to shut down following a network outage. A team from HCL Technologies has reached to work on the damage and start the repair work.

As for a statement from BSE, a BSE spokesperson told Reuters

There are some connectivity issues. We are issuing a statement soon

The outage was first noted by some dealers when Shares listed on BSE as well as its indexes stopped updating on Thursday morning due to a connectivity issue.

We’ll update you with more news as we receive.

Update at 10:44 a.m. [IST]

BSE has now issued an official statement :

There’s will be fresh restart and will have a special pre-opening season. Previous orders in order book before outage to be cancelled.

IMAGE BY FLICKR USER NIYANTHA SHEKHAR UNDER CC 2.0 LICENSE

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.