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| Bombay Stock Exchange shut by outage | Bombay Stock Exchange shut by outage |
| (35 minutes later) | |
| India's main stock market, Bombay Stock Exchange (BSE), has temporarily shut trading due to a network outage. | India's main stock market, Bombay Stock Exchange (BSE), has temporarily shut trading due to a network outage. |
| The move came as shares listed on exchange, as well as its indices, stopped updating on Thursday morning. | The move came as shares listed on exchange, as well as its indices, stopped updating on Thursday morning. |
| The exchange's main stock index, the Sensex, had risen in early trade before the outage. | The exchange's main stock index, the Sensex, had risen in early trade before the outage. |
| The exchange said that it was working to resolve the issue and that "the markets will restart" once the problem had been fixed. | The exchange said that it was working to resolve the issue and that "the markets will restart" once the problem had been fixed. |
| Dipen Mehta, a member of the stock exchange, was quoted as saying by Indian news website Firstbiz that the decision to halt trading was the right one. | |
| "Otherwise it would create problems at the broker end," Mr Mehta said. | "Otherwise it would create problems at the broker end," Mr Mehta said. |
| The Sensex had risen to a fresh record high on Wednesday as investors hoped that the newly elected government will announce reforms to revive the economy in its first budget. | The Sensex had risen to a fresh record high on Wednesday as investors hoped that the newly elected government will announce reforms to revive the economy in its first budget. |
| The government is scheduled to present the budget on 10 July. | The government is scheduled to present the budget on 10 July. |