The BSE's derivative segment total turnover tumbled 74 percent to Rs 13,394.80 crore, while equity segment's turnover tanked 67 percent to Rs 1,429.99 crore compared to Wednesday. (Agencies)
Equity volume on Thursday stood at 16.32 crore, a drop over 50 percent from 35.24 crore witnessed on Wednesday. Stock derivatives took a greater knock as volume (share/contracts) slipped by 74 percent to 3.50 lakh from 13.61 lakh.
"There was a corresponding drop in volume at the BSE on Thursday due to a network outage," Destimoney Securities MD and CEO Sudip Bandyopadhyay said.
Earlier in the day, the BSE suffered a glitch in the connectivity system due to a network outage, owing to which trading at the exchange was stopped for about three hours from
The Sensex halted trading this morning across all its platforms, including shares, currencies and indices due to a network outage.
"Sebi and the Finance Ministry have sought reports from us following the worst technical glitch in our modern history. We will be sending the same by the end of the day," BSE Managing Director and Chief Executive Ashish Kumar Chauhan told reporters here.
The benchmark Sensex opened the day with an over 83 points gain at 09.15 am to hit another record-high of 25,924.25. But by 09.42 am, a glitch developed and the trading was halted across all platforms of the exchange, including equities and currencies.
The BSE's derivative segment total turnover tumbled 74 percent to Rs 13,394.80 crore, while equity segment's turnover tanked 67 percent to Rs 1,429.99 crore compared to Wednesday.