MUMBAI: India’s equity, currency and debt markets will be closed on Thursday, January 15, for a local holiday. Trading will resume on Friday, January 16.
The Nifty 50 fell 0.26 percent to 25,665.6 and the BSE Sensex shed 0.29 percent to 83,382.71 on Wednesday, marking their seventh daily loss in eight sessions on concerns over US tariffs and foreign outflows.
The Indian rupee dropped 0.12 percent versus the US dollar to 90.2950, with corporate dollar appetite and likely intervention by the Reserve Bank of India tugging the currency in one direction and another.
The benchmark 10-year bond closed at 98.785 rupees, with the yield up nearly 2 basis points at 6.6498 percent. The benchmark 10-year bond fell to the lowest in more than three weeks on lingering disappointment over the decision to skip adding Indian debt to Bloomberg’s Global Aggregate Index.
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