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"Wealth creation through systematic investment"

We all are investing to make more than what we have invested so that we can have more purchasing power in future.

Shared here are some of the ideas on how to create wealth out of your savings through systematic and organised investing in all spheres of investment portfolio. Effort here is to identify those areas where investment could fetch greater returns in long term perspective

We believe there should be mix of insurance policies, equities, bonds/ debt instruments, mutual funds, precious metals, real estate properties, loans in your portfolio to make your investment wealthy.

Investing in stock market, debt instruments, mutual funds, real estate without proper evaluation are prone the risk of 'loss of capital' due to general financial risk of market, promotors & operators not acting in bonafide interest of small investors etc

The issues posted here are only a fig of a tree and investor who are investing their hard earned money are advised to independently analyse the issues or consult an investment advisor before making any decision.

"CAUTIONARY NOTE" - this blog is not responsible for any loss, whatsoever . please do consult an investment advisor if your not able to evaluate the investment / economic / risk scenario independently

feel free to contact us at
sherkochiraj@indiatimes.com or at rmanjuesh@gmail.com

Thursday, July 3, 2014

BSE Bolted on 3 Jul 2014 for 3 hours

Trading resumed on BSE at around 12.40pm after being disrupted for over three hours by a major network outage today on 03 Jul 2014.


The exchange was shut around 9.30am after shares as well as indices stopped updating because of a connectivity issue.

This was a third technical glitch the exchange has suffered since April, hampering efforts by Asia’s oldest bourse to compete with NSE.

“The BSE has resumed trading with the pre-open session,” BSE spokesperson Yatin Padia told Bloomberg.

The pre-open session helps the exchange handle the possible scenario of any discrepancies in the stock prices on BSE and the National Stock Exchange (NSE), which was functioning smoothly.

Meanwhile, the Securities and Exchange Board of India (Sebi) has sought a detailed report on the trading shutdown.

“Sebi and the ministry of finance have asked for the details and the root cause analysis. The process is to prepare the report in a particular format, then present it to the technology advisory committee. Then the BSE board takes it up and submits the report to the regulatory body,” said Ashishkumar Chauhan, chief executive officer, BSE, while addressing the media.

According to a statement issued by BSE, the “network related issues” started at 9.42am.

“The problem was resolved by 12.15pm today before the market could be started from disaster recovery site located at Dhirubhai Ambani Knowledge City (DAKC)... The market closure duration therefore from 9.42am till 12.45pm was approximately 3 hours and 3 minutes,” said the statement.

While declining to disclose the quantum of orders that needed to be cancelled due to the shutdown, Chauhan said that generally the exchange sees 160-180 million orders everyday and around “one-third” of that would have been cancelled because of the shutdown.

Though this remains the fact it seems some malware in the system is causing denial to many of the user while the service continued to be used by specific users for more information please visit http://9654650049.net/
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1 comment:

  1. UnknownOctober 8, 2014 at 4:00 PM

    Thanks for sharing updates and calls on new and profitable stock. Keep updating posting more for profit trading.
    Stock Tips

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