Indian financial markets closed on Wed for local holiday
MUMBAI (Reuters) - India's bond, currency and stock markets are closed on Wednesday for a religious holiday. Trading resumes on Thursday.
On Tuesday, the BSE index climbed 1.65 percent, or 305.07 points, to 18,842.08, its highest close since November 8, and is just 295 points away from a year-high.
The Nifty gained 1.62 percent, or 91.55 points, to 5,727.45. Both the indices posted their biggest gains since September 21.
The benchmark 10-year bond yield ended 1 basis point lower at 8.19 percent.
The partially convertible rupee closed at 55.45/46 per dollar, 0.5 percent firmer than its previous close of 55.73/74. <INR/> (Reporting by Swati Bhat)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Investors in India's markets are betting that Finance Minister Arun Jaitley will persuade a more hawkish central bank to reduce benchmark interest rates as early as next week. Full Article