MUMBAI 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)
Trending On Reuters
India's biggest automaker by revenue reported a drop in quarterly net profit due to a spike in costs despite steady sales of its luxury Jaguar Land Rover unit and an increase in demand for its cars in its home market. Full Article
Shake-up in key Samsung assets to cement heir's grip as succession looms Full Article