Indian financial markets closed for holiday

Indian financial markets are closed on Friday for a public holiday. Trading resumes on Monday.

Indian financial markets are closed on Friday for a public holiday. Trading resumes on Monday.

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The benchmark 30-share BSE index rose 0.4 per cent on Thursday to 19,162.57, led by software services stocks such as Infosys Technologies Ltd.

The partially convertible rupee ended at 39.54/55 per dollar, strengthening from the previous close of 39.59/60.

The yield on the federal 10-year bond ended at 7.87 per cent, a tad off the previous close of 7.88 per cent, while overnight cash rates ended at 4.0-4.25 per cent, compared with 7.75-7.80 per cent at close on Wednesday.

(Reporting by Mumbai Bureau)