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Trading on the Multi Commodity Exchange (MCX), India’s largest commodity derivatives platform, resumed at 10:15 am on Wednesday, July 23, following a technical disruption that delayed market opening by over an hour. The exchange normally starts trading at 9 am.

In a statement, MCX attributed the delay to a lag in "clearing technical processes and file sharing", and said it regretted the inconvenience caused to market participants.

Despite the glitch, MCX shares rebounded and traded 0.11 per cent higher at Rs 8,162.5 apiece on the National Stock Exchange (NSE) at 11:43 am. The stock had briefly turned negative earlier in the session but stabilised as normal trading resumed. The company’s market capitalisation stands at Rs 41,627.42 crore.

While the exchange did not report any major fallout from the disruption, investors and brokers remain watchful for future stability in the system, especially amid heightened activity in the commodity markets.

(This is a developing story...stay tuned for more)