You know how the equity market is the one bright spot in the otherwise bleak current economic landscape right now? And you know how financial experts are forever telling investors how they must diversify their portfolio with significant investments in the stock market? So obviously, the workings of the stock exchange tend to concern many and if there is a technical glitch that disrupts trading at the NSE, even more so.
The official handle of the National Stock Exchange made this announcement and further informed people that “We are working on restoring the systems as soon as possible. In view of the above, all the segments have been closed at 11:40 and will be restored as soon as issue is resolved.”
Some thought that this was a ‘national shame’.
There were those who suffered losses as a result of the tech issues.
Some were wondering what to do.
They thought that the timing of the outage was suspicious.
People thought that there should be enough checks and balances in place to prevent this sort of thing from happening.
There were many who thought that they should be reimbursed for the losses they sustained due to the glitch.
Some just wanted to cut their losses.
This is not an unusual sight in Indian towns, after all.
Or bear market?
This commentator feels that the glitch just gave traders a bit of a break.
Try, retry, repeat. That could well have been what traders were doing.
These people would have been the most impacted by the technical glitch at the NSE.
Someone made a meme from this still from the Harshad Mehta scam series.
Not fine.
Use BSE, NSE traders were told.
So while some suffered as a result of the technical glitch at the NSE, others made memes and had a few laughs.
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