Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Mumbai Explosions May Not Damp Foreign Flows, CNI’s Ostwal Says

Kishor Ostwal, managing director of CNI Research, comments on the outlook for Indian equities after three bomb blasts hit Mumbai killing at least 10 people.

The benchmark Bombay Stock Exchange Sensitive Index, or Sensex, rose 1 percent to 18,596.02 at the 3:30 p.m. close in Mumbai, halting a three-day decline. The explosions occured at about 7 p.m., according to the police.

“There is sufficient time to analyze the incident before the market opens tomorrow. I do not anticipate a knee-jerk reaction. Foreign institutions, who are the major drivers, do not linger on these kind of domestic issues for long. Retail investor sentiment may get affected.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.