MUMBAI, Nov. 27 (Xinhua) -- BSE and NSE, the two biggest stock markets of India are to be shut down Thursday due to the serial terrorist attacks Wednesday night, reported local NDTV.

    Bombay Stock Exchange, located at about 1 km away from the attacked Taji Mahal hotel, is to be shut down out of security concerns. There is no report about the time when the market will resume working.

    National Stock Market, Mumbai University and other schools in Mumbai were also to be shut down, according to the report.

    At least 80 people were killed and over 250 injured in the serial attacks broke out Wednesday night.

    Police officials said firing was on near the Taj Intercontinental and Trident (formerly Oberoi) hotels where hostages were held and around 2,000 guests and staff were stranded.

    The hotels are located facing the waterfront across the Arabian Sea close to the city's most important landmark, the Gateway of India.

    Among terror targets was the city's busiest railway station, the Chhatrapati Shivaji Terminus (CST), formerly the Victoria Terminus that is a World Heritage site.

    A nationwide alert was sounded and all airports in the country put on high-security surveillance following the attacks that came less than a month after over 50 people died in serial terror bombings in the northeastern state of Assam.

    Army was called in to bring the situation under control and restore the sense of security in the city that was literally shaken the attacks, one of the worst in the country.