Shares of Multi Commodity Exchange of India Ltd (MCX) fell 2% after touching a day’s high of Rs 9,328 on 28th October, as trading on the MCX platform remained halted for over an hour due to a technical glitch that disrupted operations.

Trading on the MCX, which usually starts at 9 AM, faced multiple delays on 28th October. Initially, it was delayed to 9:30 AM, then 9:45 AM, and finally 10 AM. According to the latest update on the company’s website, trading is now expected to resume at 10:30 AM.

MCX stated, “The commencement of trading is delayed due to a technical issue. Trading will start from the DR site, and the commencement time will be informed to market participants. Inconvenience is regretted.”

The exchange had earlier said trading would begin on its disaster recovery platform. However, it has not officially commented on the cause of the glitch.

This isn’t the first such issue for MCX. A similar technical problem on 23rd July last year had delayed trading by an hour, with sessions resuming at 10 AM.

At 11:28 AM, shares of MCX were trading 1.74% lower at Rs 9,143.50 on NSE.

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