Markets closed today for Diwali-Balipratipada, trading to resume on November 11
n the previous trading session on Monday, the benchmark BSE Sensex gained 0.13% to close at 81,106.65, while the broader NSE Nifty 50 advanced 0.23% to 25,044.65
Markets in India suspended operations on Tuesday, November 10, in observance of the Diwali-Balipratipada festival. The BSE Sensex and NSE Nifty 50 indices ended the previous trading day, Monday, with gains of 0.13 percent and 0.23 percent, respectively, at 81,106.65 and 25,044.65. Post-Diwali, the equity markets appeared to be consolidating, spurred by falling crude prices and expectations of increased foreign investment.
However, the Indian rupee dipped by 0.02 percent against the US dollar, marking an end to a six-day upward trend. Trading activity on the day was light, with dollar demand from state-owned banks prevailing despite the recent positive market sentiment. In the debt market, the 6.94 percent bond maturing in 2036’s yield settled at 7.1529 percent, a sliver below Friday’s closing level.
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