By Bloomberg Information
Inventory brokers on Friday reported a technical glitch on the BSE resulting in points with orders positioned by buyers on the day of weekly expiry of Sensex contracts. Zerodha, Groww, Upstox reported the problem earlier than midday. “As a result of a connectivity challenge at BSE, a few of our customers could also be seeing orders within the “Open Pending” state for BSE F&O orders.
India’s midcap firms are nearing a historic milestone, with the market capitalisation (mcap) of 136 companies that comprise BSE Midcap index ending simply shy of the $1 trillion mark.
On Friday, the cumulative mcap of midcap companies settled at $0.96 trillion. Mixed with the $1 trillion market worth of smallcap firms, there’s appreciable pleasure round these shares.
Brokers face tech challenge at BSE
Inventory brokers on Friday reported a technical glitch on the BSE resulting in points with orders positioned by buyers on the day of weekly expiry of Sensex contracts. Zerodha, Groww, Upstox reported the problem earlier than midday. “As a result of a connectivity challenge at BSE, a few of our customers could also be seeing orders within the “Open Pending” state for BSE F&O orders.
This challenge is throughout brokers,” wrote Zerodha on X. Upstox too knowledgeable its purchasers that BSE Futures and Choices orders confirmed a ‘pending standing’ because of an “intermittent issue”. The problem was resolved round 12:00 midday, in accordance with brokers.
