BSE, NSE shut down due to terrorist strike

By SiliconIndia   |   Thursday, 27 November 2008, 10:24 Hrs   |    1 Comments
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Mumbai: BSE and NSE, the two biggest stock markets of India are to be shut down Thursday out of security concerns due to the serial terrorist attacks Wednesday night, reported local NDTV.

Bombay Stock Exchange is located at about 1 km away from the attacked Taji Mahal hotel. There is no report about the time when the market will resume working. National Stock Market, Mumbai University and other schools in Mumbai were also to be shut down.

At least 100 people were killed and over 900 injured in the serial attacks broke out Wednesday night.

Firing was on near the Taj Intercontinental and Trident (formerly Oberoi) hotels where hostages were held and around 2,000 guests and staff were stranded.

Among terror targets was the city's railway station, the Chhatrapati Shivaji Terminus (CST), formerly the Victoria Terminus that is a World Heritage site.

A nationwide alert was sounded and army was called in to bring the situation under control and restore the sense of security.

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