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Equity, Forex Markets Shut Today


India's equity and forex markets are closed for Id on Monday. Thursday too is holiday for the financial markets on account of Independence day.

Equity, Forex Markets Shut Today

Nifty in the last week snapped a 4-straight week losing streak and reclaimed 11,110 mark, while Sensex also gained 0.68% to close at 37,581.91.

Few of the investors pro measures such as optimism around roll back of surcharge of FPI and other expected capital market booster steps kept the momentum going. Also, the RBI cutting down interest rate by 35 bps fuelled the market rally in the last 2 trading session.

The 10-year benchmark bond yield ended at 6.49 per cent, while the rupee settled at 70.79 to the dollar.

Read more about: equity forex financial markets
Story first published: Monday, August 12, 2019, 9:06 [IST]
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