Indian stock, currency and bond markets shut on November 10 for local holiday

Trading across India's equity, currency and debt markets has been suspended on Tuesday, November 10, due to a local holiday. Trading activities across the three market segments will resume on Wednesday, November 11.

The holiday follows a positive session on Monday, when benchmark indices extended their gains, supported by lower crude oil prices and optimism surrounding foreign investment inflows.

Sensex and Nifty end higher

The BSE Sensex closed 0.13% higher at 81,106.65 on Monday, while the broader NSE Nifty 50 advanced 0.23% to settle at 25,044.65.

The gains came as domestic equities consolidated following last week's rally, which was fuelled by easing crude oil prices and expectations of stronger foreign investor inflows.

Rupee snaps six-session winning streak

In the currency market, the Indian rupee weakened marginally against the US dollar, falling 0.02% to close at 93.9275.

The decline ended the domestic currency's six-session winning streak. Trading volumes remained thin, while dollar purchases by state-run lenders outweighed the positive momentum that had supported the rupee in recent sessions.

Government bond yields settle lower

In the debt market, the benchmark 6.94% government bond maturing in 2036 settled at a yield of 7.1529%.

The yield was nearly four basis points lower than Friday's closing level, indicating a decline in bond yields ahead of Tuesday's market holiday.

Trading across equity, currency and debt segments is scheduled to resume on Wednesday, November 11.