Mumbai, July 2: The Bombay Stock Exchange (BSE) will function normally on Tuesday, July 2, and will remain open even after the state government of Maharashtra declared a public holiday on Tuesday due to incessant rains in the city. BSE CEO Ashish Kumar Chouhan was quoted by ANI saying that, there is no holiday in Bombay Stock Exchange, BSE will function normally today. Catch Live Updates of Mumbai Rains Here.
The state government of Maharashtra had public holiday for Tuesday, declared in 3 districts of the state - Mumbai City, Mumbai Suburban and Thane district. Decision has been taken due to continuous rainfall and IMD warning. "In wake of the extremely heavy rainfall forecast by the IMD, the Government of Maharashtra has declared a public holiday on 2nd July as a precautionary measure for Mumbai city and its citizens," said BMC CPRO.
Here's the tweet:
BSE CEO Ashish Kumar Chouhan to ANI: No holiday in Bombay Stock Exchange, BSE will function normally today. https://t.co/15sv97Tuve
— ANI (@ANI) July 2, 2019
Earlier the state government has declared July 2 as a holiday for all the government and private schools. Amid heavy downpour causing water logging at various places in the financial capital and surrounding metropolitan area, the state government has declared July 2 as a public holiday.
Just within two days of its onset, Mumbai rains have covered 97% of the average required rainfall in June. On Tuesday, the Indian Meteorological Department (IMD) predicted, intermittent rain in city and suburbs, with heavy to very heavy rainfall at a few places for the next 24 hours.
(The above story first appeared on LatestLY on Jul 02, 2019 09:26 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).