India’s stock markets shut due to attacks

MUMBAI, November 27, 2008 (AFP) – India’s stocks and commodity exchanges will be closed on Thursday due to the coordinated attacks by gunmen across India’s commercial capital Mumbai, a spokesman said.

“Considering the prevailing abnormal situation and the government’s advice” for people to remain indoors, “it has been decided to keep the markets closed for the day,” a spokesman for the Mumbai stock exchange said.

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Officials said it was not certain if the markets would reopen on Friday.
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The streets in south Mumbai’s commercial district were largely deserted Thursday morning, with most offices closed.

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