Mumbai: Indian stocks, bond and currency markets are closed on Thursday and Friday for local holidays. Trading resumes on Monday.
India’s main stock index rallied 3.65% on Wednesday to 11,403.25 points, its highest since 14 October, 2008. It rose 17.45% in April in its best performance in 10 years.
The 10-year benchmark bond yield ended at 6.23%, off an early high of 6.27%, but above Tuesday’s close of 6.21%.
The partially convertible rupee closed at Rs50.04/05 per dollar, 1% stronger than its Tuesday’s close of Rs50.52/53. However, it dropped 0.5% on the week, snapping seven consecutive weekly gains.
Commodity markets in Mumbai are also closed on Thursday and Friday.