ADVISORY-Indian financial markets closed on March 7 for a holiday

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 7 (Reuters) - India's currency, debt and equity markets will be closed on Tuesday, March 7, for a public holiday. Markets will resume trading on March 8, Wednesday. The Nifty 50 index closed 0.67% higher at 17,711.45 on Monday, while the S&P BSE Sensex rose 0.69% to 60,224.46 after strong economic data from the United States and investment in the Adani group of companies boosted risk appetite. The Indian rupee strengthened 0.07% versus the U.S. dollar, and quoted at 81.91 per dollar, attempting to build on recent gains as U.S. Treasury yields cooled and domestic equities rallied. The benchmark 10-year bond was quoted at 98.88 rupees, with the yield up 1 bps at 7.4262% as traders awaited fresh triggers, while trading volumes were shallow ahead of a holiday. (Bengaluru Newsroom)

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