Markets closed on account of Id-Ul-Fitr

Tags: Stock Market
Indian markets are closed on Tuesday for a public holiday. Trading will resume on Wednesday.

On Monday the Nifty lost 0.54 percent, or 41.75 points, to end at 7,748.70, its lowest close since July 21. The Sensex fell 0.52 percent, or 135.52 points, to end at 25,991.23.

The outgoing benchmark 10-year bond yield ended up 4 basis points at 8.71 percent, while the soon-to-be benchmark 2024 paper ended up 4 basis points at 8.43 percent.

The partially convertible rupee closed at 60.1250/1350 per dollar, compared with 60.1025/1125 on Friday.

EDITORIAL OF THE DAY

  • Dictating retail price of a commodity goes against the grain of free market economy

    The Centre’s suggestion to states to cap prices of pulses and edible oils seems to indicate a bankruptcy of ideas in the government.

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