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TUESDAY, FEBRUARY 14, 2012

Mumbai: “Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) markets will be closed on Thursday,” a spokesman for India’s capital markets regulator said, after a series of attacks killed at least 86 people in the financial capital Mumbai.

“It has been decided there will not be any trading today in the two exchanges,” the spokesman for the regulator said.

Spokesmen for both the Multi-Commodity Exchange and the National Commodity and Derivatives Exchange Ltd said they would be shut as well.

The BSE said that expiry in futures and options and settlement due on Thursday was postponed to the next working day.

“Considering the prevailing abnormal situation and government’s advice to people to stay at home, it has been decided to keep the market closed for the day,” a BSE spokesman said in statement.

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