BSE to remain open today despite heavy rains in Mumbai

BSE and NSE will remain open on Wednesday amid heavy rains and floods in Mumbai.  Markets regulator Sebi and exchanges are taking stock of the situation continuously and would decide accordingly amid heavy rains and strong winds disrupting normal life in the financial capital.

Officials at both BSE and NSE said several of their employees were still at office as they could not go home because of heavy rains.

Arrangements have been made for them to stay back, including at office or nearby hotels, so that they can resume their duties on Wednesday, they added.

A BSE spokesperson said the exchange would remain open on Wednesday and that all market segments would function normally.

The exchange would remain open, an NSE spokesperson said.

Torrential rain accompanied by strong winds pummelled Mumbai on Tuesday, disrupting rail, road and air services, uprooting trees, swamping homes, and bringing the megapolis and satellite towns to their knees.