The National Stock Exchange (NSE) on Monday said failure of telecom links as well as that of software area network system led to the outage at the bourse last month.
An international bullion exchange, clearing corporation and depository will be set up
Here's a selection of Business Standard opinion pieces for the day
NSE defended its communication over the reopening of the bourse after an unexpected shutdown this week
Says it has asked NSE to explain reasons for not migrating to its disaster recovery site
Reasons for not activating recovery site even after 45 minutes of glitch remained unknown
The exchange said it was continuously working on resolution of the problem and once the same was resolved, it made an announcement on re-opening of the markets
India will start the next stage of vaccinating those above 60 years of age and those above 45 with comorbidities, such as diabetes and heart ailments, from March 1
The issue came to light less than an hour after normal trading had commenced, with several brokers complaining of freezing of live price feeds
Losses caused by technical glitches can get magnified due to leverage, hence retail investors who do day trading need to be cautious
Trading was halted at 11:40 am. Stock and index prices had stopped updating from 10:08 am, said market participants
The country's other major stock exchange BSE, however, said it continues to have normal trading in all segments
Instances of stocks being transferred to the trade-for-trade segment rose 12-25 per cent across exchanges during the year
This is up 123 basis points over September 2020, and comes on the back of Rs 1.42 trillion foreign capital flows into domestic stocks during October-December 2020
Devanghshu Datta looks at the historical trends and explains why there is room for an outperformance from smaller stocks, especially the small-caps
In a recent case, National Commission observed that the policy defined an employee to include officers, clerks, servants and other employees
A liberal budget that cuts taxes and tries to improve ease of doing business will receive a good market response. A harsh Budget with higher taxes, new cesses, etc, will lead to a sell-off
Share of AGEL, which is into solar and wind power, jumped over six times in 2020 versus a gain of 10% for the NSE's Nifty 100 Index - the first and only green energy company to do so in India
The grey market premium (GMP) for the maiden offerings of Home First Finance and Stove Kraft is in excess of 25 per cent, said market players
This will give more flexibility to institutional as well as retail investors to manage their hedge