Mumbai: Indian stocks, bond and currency markets are closed on Friday for a local holiday. Trading resumes on Monday.
The 30-share BSE index jumped 4.5% on Thursday to 10,348.83 points, its best close in five months.
The partially convertible rupee ended at Rs50.33/35 per dollar from the previous close of Rs50.71/.72. In early deals the rupee hit 50, its highest since 25 February.
The 10-year federal bond yield, ended at 6.96% off an early low of 6.83% but below the previous close of 7.01% after the government’s borrowing needs for 2008/09 turned out to be $6.6 billion smaller than indicated.