Mumbai, Nov. 4 -- Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey on Tuesday confirmed a probe into the Multi-Commodity Exchange (MCX) breakdown, calling for a deeper analysis.

Expressing concerns over the recent trading disruption at the MCX, he said that such technical breakdowns have occurred multiple times and this is not right.

Talking to mediapersons in Mumbai, he said a detailed analysis of the issue is underway and will be completed as per the Standard Operating Procedure (SOP) within 24 to 48 hours.

"I think the last breakdown happened in July, and it has now occurred again, which isn't right. Such problems have happened multiple times. However, we can only comment after conducting a proper analysi...