Trading on the Multi Commodity Exchange of India (MCX) was abruptly halted on Wednesday morning due to a technical glitch, as per the exchange’s website. According to an official announcement, the market was expected to resume at 9:45 AM, leveraging its backup disaster recovery (DR) site to restore operations.
The exchange displayed a notice on its website stating, “As of now market is halted, market expected to start by 9.45 am,” without disclosing further details about the cause of the disruption.
Several traders and investors took to social media platforms, reporting that MCX prices appeared to have frozen around 9:05 AM. Many users expressed concern and frustration, sharing screenshots of unresponsive trading screens.
Reports suggest that MCX initiated recovery measures from its disaster recovery site to restore functionality, indicating the severity of the underlying issue. While such incidents are rare, they can disrupt trading sentiment, particularly on days with high market activity.
The exchange is yet to issue a detailed explanation about the glitch or confirm if all systems have resumed normalcy after the restart. Market participants are advised to stay tuned to official MCX communications for further updates.