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Stock markets closed for holidays

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Reuters

Posted: Mar 10, 2009 at 0843 hrs IST

Mumbai Indian stocks, currency and bond markets are closed on Tuesday and Wednesday for local holidays. Trading resumes on Thursday.

On Monday, the 30-share BSE index fell 2 per cent to 8,160.40, its lowest close since Nov. 2, 2005, as deepening concern about the health of the world economy weighed down markets across the region.

The partially convertible rupee ended at 51.85/87 per dollar, above an intraday low of 52.01 but 0.4 per cent weaker than Friday's close of 51.65/71. It had hit an all-time low of 52.20 last week.

The yield on the most actively traded 8.24 per cent 2018 bond ended at 6.84 per cent, higher than Friday's 6.75 per cent.

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