Trading at the Multi Commodity Exchange (MCX) started after a technical glitch prevented the orders from getting accepted across all brokers.
Earlier, on MCX site, it had a terse update saying "market will start at 10:10 am".
In the meantime, orders can be placed in the NSE Commodity segment, said Zerodha.
"Multi Commodity Exchange (MCX) is facing an issue and is currently not accepting orders across all brokers. In the meantime, you can place orders in the NSE Commodity segment (NCO)," said Zerodha in a statement.
At 10:05 am on July 23, MCX shares on NSE were trading 0.15% lower at Rs 8,144 apiece.
The exchange has not disclosed the exact reason for the disruption yet. Several traders and investors took to social media platforms such as 'X' to report that MCX prices appeared to have frozen around 9:05 am.
In February last year, MCX was hit by a glitch that led to a four-hour suspension of operations. The issue was believed to be related to its transition to a new trading platform.
Disruption in trading on MCX could affect trading volumes and hedging activities in key commodities such as gold, silver, crude oil, and base metals.
In May, market regulator Securities and Exchange Board of India (Sebi) imposed a fine of Rs 25 lakh on MCX for lapses in disclosure and for providing inaccurate information regarding its trading software contract.
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