NEW DELHI: India’s currency, debt and equity markets will be closed on Monday, May 1, for a public holiday.
The markets will resume trading on Tuesday, May 2. The Nifty 50 rose 0.84% to close at 18,065, reclaiming the 18,000 level after two months, while the S&P BSE Sensex gained 0.76% to 61,112.44 on Friday, boosted by healthy corporate earnings.
Both the indexes posted their best month since November.
The Indian rupee strengthened 0.02% to finish at 81.8250 per US dollar, amid muted Asian currencies. It advanced 0.33% for the week, while also marking its second consecutive monthly gain.
The 10-year benchmark 7.26% 2033 bond yield ended at 7.1196%, up 2 basis points as the weekly debt auction added to the overall supply.
For the month, the yield plunged 20 bps, the biggest such move in over three years.
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