Markets closed for holiday on Tuesday

Markets closed for holiday on Tuesday

Mumbai: India’s stocks, bonds and currency markets are closed on Tuesday for a holiday due to elections in the western state of Maharashtra, home to the country’s financial hub Mumbai.

The 30-share BSE index closed 2.31%, or 384.01 points, higher at 17,026.67 points on Monday.

The partially convertible rupee closed at Rs46.48/49 per dollar on Monday, about 0.2% weaker than Friday’s close of Rs46.40/42.

The benchmark 10-year bond yield ended at the day’s high of 7.36% on Monday, its highest since 14 September and above Friday’s close of 7.32%.