Markets closed today for Lok Sabha elections voting in Mumbai

735 Viewed Alka Anand Singh Comments Off on Markets closed today for Lok Sabha elections voting in Mumbai

Indian debt, currency and equity markets will be closed on Thursday as Mumbai takes part in the five-week long Lok Sabha Election process set to conclude in mid-May. Trading will resume on Friday.

The benchmark BSE Sensex gained 0.52 percent to close at 22,876.54 on Wednesday after earlier touching a record high of 22,912.52. The broader NSE Nifty closed 0.37 percent higher at 6,840.80, after earlier touching an all-time high of 6,861.60.

The 10-year benchmark yield ended flat at 8.85 percent, while the partially convertible Indian rupee closed at 61.07/08 per dollar compared with its close of 60.76/77 on Tuesday.

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