Traders and investors were left in confusion this morning as the Multi Commodity Exchange (MCX) suddenly halted trading. The issue, as per the MCX website, is being attributed to a major glitch that has disrupted normal operations.
The exchange posted an update saying, “As of now market is halted, market expected to start by 9:45 AM,” but has not yet issued an official explanation beyond that.
Social media, particularly X (formerly Twitter), was flooded with complaints from users reporting that MCX prices appeared to freeze around 9:05 AM. Several traders expressed frustration over the lack of immediate communication from the exchange and the uncertainty over when full services would resume.
At the time of writing, the MCX website still shows the halt notice, and trading had not resumed. Market participants are awaiting a more detailed update from the exchange about the cause of the outage and measures being taken to fix it.
The incident highlights the impact that even short technical disruptions can have on India’s commodity markets, with traders calling for better transparency and faster communication during such events.