Stock exchange functionality normal amid Mumbai power outage

Domesctic stock exchanges BSE and NSE on Monday said said they were functioning normally, amid a major power outage in large parts of Mumbai.

“There is a power failure in south Mumbai. Exchange is working normally. The listing ceremony was concluded successfully for Mazagon Shipbuilders today morning,” a BSE spokesperson said.

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The NSE too said it is functioning normally.

Large parts of the financial capital reported a major power outage on Monday morning due to a technical failure.

In a tweet, Brihanmumbai Electricity Supply and Transport (BEST) said “the electric supply is interrupted due to TATAs incoming electric supply failure”.

Multiple operators, including the state-run BEST, Adani Electricity and Tata Power supply power to the city.