• Most Popular
  • Most Shared

Indian financial markets closed Tues for Christmas

Mon Dec 24, 2007 10:30pm EST

Stocks

   

MUMBAI, Dec 25 (Reuters) - Indian financial markets are closed on Tuesday for the Christmas holiday.

Trading resumes on Wednesday.

The benchmark 30-share BSE index .BSESN rose 3.61 percent on Monday to 19,854.12, led by ICICI Bank (ICBK.BO) and Infosys Technologies Ltd (INFY.BO).

The partially convertible rupee INR=IN ended at 39.45/46 per dollar, stronger from the previous close of 39.54/55.

The yield on the federal 10-year bond IN079917G=CC ended at 7.86 percent, a tad lower from Thursday's close of 7.87 percent, while overnight cash rates INROND= ended at 8.0-8.25 percent, compared with 4.0-4.25 percent at close on Thursday. (Reporting by Mumbai Bureau, Editing by Mark Williams)



More from Reuters

Photo

Fox, Time Warner Cable ink temp deal to avoid blackout

NEW YORK (Reuters) - Time Warner Cable and News Corp's Fox Networks agreed to a brief extension of their current carriage contract on Thursday to avoid a blackout that would have prevented 13 million U.S. homes from seeing TV shows like "The Simpsons" and college and NFL football games.

» More Top News
A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Global Markets
Clients work out on machines at the Bally Total Fitness facility in Arvada, Colorado June 15, 2009. REUTERS/Rick Wilking

Get real with resolutions

We make them and we break them: The secret to keeping them is to avoid the impossible dream.  Full Article 

Lifestyle