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Indian financial markets closed for holiday

Fri Dec 21, 2007 8:32am IST
 
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MUMBAI (Reuters) - Indian financial markets are closed on Friday for a public holiday. Trading resumes on Monday.

The benchmark 30-share BSE index rose 0.4 percent on Thursday to 19,162.57, led by software services stocks such as Infosys Technologies Ltd.

The partially convertible rupee ended at 39.54/55 per dollar, strengthening from the previous close of 39.59/60.

The yield on the federal 10-year bond ended at 7.87 percent, a tad off the previous close of 7.88 percent, while overnight cash rates ended at 4.0-4.25 percent, compared with 7.75-7.80 percent at close on Wednesday.

  Smoke and fire billows out of the Taj Hotel in Mumbai November 27, 2008.   REUTERS/Jayanta Shaw
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