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Terror attacks in 1993 and 2008: Two instances when the BSE, NSE were shut

More recently in 2008, a series of coordinated attacks in Mumbai shook the city between November 26 till November 28. The stock exchanges, as a result was closed for trading on November 27

People have been check entering the Bombay stock exchange for COVID-19 in Mumbai (Photo- Kamlesh Pednekar)
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People have been check entering the Bombay stock exchange for COVID-19 in Mumbai (Photo- Kamlesh Pednekar)

Puneet Wadhwa
Authorities, for now, have decided against shutting stock exchanges and financial markets on Monday in the wake of coronavirus (Covid-19) pandemic. In a notification, the National Stock Exchange (NSE) and BSE, said it would be business as usual and all market segments will operate normally.

Well, here is a piece of history. The two instances the markets were shut by authorities was back in 1993 and in 2008 in the wake of terror attacks in Mumbai. The 1993 terror attack was a series of 12 bomb explosions that rocked Mumbai (then known as Bombay), on 12 March. The single-day attacks resulted

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