July 10, 2017 / 7:47 AM / 5 months ago

NSE says cash market trading normally, but cites 'display issue'

MUMBAI (Reuters) - A spokeswoman for India’s National Stock Exchange said on Monday cash markets were operating normally, though acknowledged there was a “display issue” that multiple dealers have said is limiting their ability to place trades.

A man walks past the NSE (National Stock Exchange) building in Mumbai, December 27, 2016. REUTERS/Shailesh Andrade/Files

The NSE re-opened markets at 1230 p.m. India time (0700 GMT), but traders have said that quotations for individual stock prices are still not updating or are suffering from wide gaps in bid and offer prices, though they can place trades at a particular price.

“Cash and F&O (futures and options) functioning normally. A display issue has been noticed which is being addressed,” said Divya Malik Lahiri, NSE’s head of corporate communication

Reporting by Abhirup Roy and Savio Shetty; Editing by Richard Borsuk

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