India's
main stock market, Bombay Stock Exchange (BSE), has resumed trading after being
disrupted due to a network outage.
Shares
listed on the exchange, as well as its indices, stopped updating for nearly
three hours on Thursday morning.
The
main stock index, the Sensex, had risen in early trade before the outage.
The
Sensex had risen to a fresh record high on Wednesday as investors hoped that
the new government will announce economic reforms in its first budget.
The
government is scheduled to present the budget on 10 July.
Dipen
Mehta, a member of the stock exchange, was quoted as saying by Indian news
website Firstbiz that the decision to halt trading on Thursday morning was the
right one.
"Otherwise
it would create problems at the broker end," Mr Mehta said.
The
stock exchange suffered another technical glitch in June, which left real-time
data feeds blank for nearly an hour and forced deals to be struck using prices
from a rival exchange, traders said.
BBC
Business
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