Little shock to markets from outagePower supply was restored in most parts of Mumbai after its worst blackout in decades, caused by tripping or an overload that forces an automatic shutdown, disrupted transport networks and briefly hit trading volume in bond markets.
The BSE and NSE continued to function normally, but trading volumes in the fixed-income market dropped as many traders at home failed to complete trades.
Despite the blackout from 10am to about 2pm, the stock benchmark ended the day with gains. Airport operations and hospitals remained unaffected.
Bond traders said trading volumes narrowed immediately after the outage but recovered later. Sovereign bonds extended gains, with the yield on 10-year bonds falling four basis points.