Bombay Stock Exchange Will Work Despite Mumbai Rains: CEO

Mumbai: The Bombay Stock Exchange will not be shut and function normally even though incessant downpour continues in Mumbai.

BSE CEO Ashish Kumar Chouhan told a news agency that operations will continue.

Following continuous rains the Maharashtra government has declared public holiday in three districts of the state - Mumbai City, Mumbai Suburban and Thane district on Tuesday. Only emergency services will remain functional in Mumbai due to the incessant rains that has affected the road traffic and railways in the city.

Authorities have also advised people to avoid stepping out of their homes as the Indian Meteorological Department has forecast heavy rains.

“The heavy rainfall has submerged the roads and rail tracks. Based on further inputs from other agencies, we have taken the decision to keep emergency services operational. We have appealed to the people not to venture out in this situation,” Brijesh Singh, the official spokesperson of the state government, said.

Several parts of Mumbai received around 100 mm rainfall since Monday morning, affecting trains and the road traffic.

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