Indian financial markets closed on Nov 1
Nov 1 (Reuters) -India's currency and debt will be closed on Friday, Nov. 1, for a local holiday.
While the equity market will also be closed for most of the day, there will be a special trading session between 6 p.m. IST and 7 p.m. IST to mark the festival of Diwali.
Normal trading in all markets will resume on Monday, Nov. 4.
The benchmark NSE Nifty 50 .NSEI equity index fell 0.56% to 24,205.35 on Thursday, while the BSE Sensex .BSESN dropped 0.69% to 79,389.06.
Both blue-chip indexes shed about 6% in October, their worst monthly performance since March 2020, hurt by record monthly foreign outflows and lacklustre corporate earnings. .BO
The rupee INR=IN closed at 84.0750 per U.S. dollar, near an all-time low, on persistent equity outflows and anxiety over next week's U.S. election results. However, the central bank's persistent interventions helped the currency wade through volatility. INR/
The benchmark 10-year bond IN071034G=CC was last quoted at 101.73 rupees, with the yield up 2 basis points to 6.8469%. The yield logged its biggest jump in six months in October as the rally in U.S. Treasury yields outweighed the effect of the local central bank easing its policy stance. IN/
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