Mumbai, September 23: With the BSE Sensex closing at higher index on the opening day of the week at 39,090 -- up by 1075.4 points and Nifty crossing the 11,000 marks at 11,006 -- up by 326 points, not all brokers are happy with the day's events. There were several complaints from the traders that the National Stock Exchange of India Limited's feeds crashed globally just about 20 minutes before market close.
The happiness of the traders weeks after the economic slowdown turned sour after they could not trade in the NSE 20-30 minutes prior to market closing. Though the problem was persistent and the traders were looking for options to buy and sell their stocks, things became awry for them when they could not deal with their trade at the closing hour on the opening day of the weekend. Sensex Jumps 1,200 Points, Nifty Crosses 11,650 Mark on Corporate Tax Cut
Elaborating more about the issue, a trader on anonymity stated, "We could not trade after 3:30 pm, as it looked that market froze. Neither we could buy the shares or sell them. We were informed that trading was possible only under Tier-1 in NSE, while Tier-2 and Tier-3 remained problematic throughout the day. "
Apart from this, even unsatisfied traders took to Twitter to show their ire over the issue. One of the traders wrote, "#NSE feeds crashed globally just about 20 minutes before market close. Come on people, let your conspiracy theories start pouring in..." Sensex Zooms 2,000 Points, Nifty at 11,262 After Nirmala Sitharaman Announces Corporate Tax Cut.
Here's the Tweet:
— 🅜. (@BEERucrat) September 23, 2019
While other social media handler wrote:
What's the issue with #NSE .
— SocialMania (@SocialMania_) September 23, 2019
Some even smell conspiracy:
This Actually was done to break Bullish momentum pending for last hr .
Khair Chor Chor he rahega #NSE
Kab tak bachayenge apne Baap logo ko #nseissue
— SuperTrader LAKSHYA (STL)🎯 (@Sanju_Lakshya) September 23, 2019
And there were others with specific timing:
— Ganraj (@ganrraj) September 23, 2019
Among them, some lost too:
#NSE technical instruments suck, some options in Nifty were freezed in the morning, I lost a profit of around 1 Lakh in the morning. At the end too, Nifty tick got freezed, too bad, please look into this #AnilSinghvi_
— vinamr goel (@vinamrxgoel) September 23, 2019
With all the updates from the market, BPCL, L&T, Bajaj Finance and IOC emerged as top gainers on NSE today. While Zee, Tata Motors and Dr Reddy labs began the first day of the week on a losing streak.