It began as just another day on the bourses, but ended as anything but. Within an hour of the stock market opening on 24 February, the first signs of trouble appeared. A little past 10 AM, the exchange feeds of the National Stock Exchange of India (NSE) for its widely tracked indices, including the Nifty, stopped across brokerages. Trading continued for about 90 minutes on India’s premier stock exchange before it was abruptly halted.
What followed was an unprecedented four-hour closure—the longest outage in NSE’s 29-year history. The chaos and confusion this unleashed was compounded by the lack of communication from the exchange until it was too late.