Thursday, November 27, 2008

Stock market closed after terror attacks .Thursday, November 27, 2008

The stock exchanges have announced that there will be no trading today, 27 November 2008, after a series of major terrorist attacks in Mumbai late on Wednesday, 26 November 2008. At least 100 people died and more than 300 injured in the attacks, according to latest reports.
The expiry of November 2008 derivatives contracts has been postponed to Friday, 28 November 2008. The November contracts were to expire today, 27 November 2008.
The stock exchanges also said that the settlements scheduled for today stand postponed to tomorrow.
Terrorists opened fire using heavy machine guns, including AK-47s, and grenades at the city's most high-profile targets late on Wednesday, 26 November 2008. The attacks took place at the hyper-busy rail terminus Chhatrapati Shivaji Terminus (CST) terminus, the landmark Taj Hotel at the Gateway of India and the luxury Oberoi Trident at Nariman Point, the domestic airport at Santa Cruz, the Cama and GT hospitals near CST, the Metro Adlabs multiplex and Mazgaon Dockyard.

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