The Bombay Stock Exchange (BSE) was closed from 9.42 a.m. till 12.45 p.m. on Thursday following a major technical glitch, halting trading on the premier bourse.
The Exchange has set up a committee with representatives from “BSE, HCL Comnet and CiSCO” to look into the reasons for the snag; the report will be presented to the BSE’s Technology Advisory Committee, Board of Director and SEBI, BSE Managing Director and CEO Ashishkumar Chauhan said, at a press conference later.
Mr. Chauhan said “several users were logged out abruptly due to misbehaviour of some of the network components.” The BSE network connects to more than 10,000 primary connections served by all telecom vendors in India in addition to BSE’s own LAN and VSAT network provided by Hughes.
