Stocks, bond and currency marketsare closed on Friday for a local holiday. Trading resumes

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on Monday.

The 30-share BSE index jumped 4.5 per cent on Thursday to 10,348.83 points, its best close in five months.

The partially convertible rupee ended at 50.33/35 per dollar from the previous close of 50.71/.72. In early deals the rupee hit 50, its highest since Feb. 25.

The 10-year federal bond yield ended at 6.96 per cent, off an early low of 6.83 percent, but below the previous close of 7.01 percent, after the government's borrowing needs for 2008/09 turned out to be $6.6 billion smaller than indicated.