Guru Nanak Jayanti Market Vacation: Home monetary markets will stay shut on Monday, November 30, for Guru Nanak Jayanti vacation. The nation’s forex, debt and fairness markets can be closed on November 30, and resume buying and selling on Tuesday, December 1. Official knowledge launched after market hours on Friday confirmed the nation’s gross home product (GDP) contracted a better-than-estimated 7.5 per cent within the July-September interval, rebounding from a document 23.9 per cent stoop within the earlier quarter on account of the coronavirus pandemic.
(Additionally Learn: At -7.5%, GDP Rebounds However India Now In Technical Recession)
Final Friday, fairness benchmarks S&P BSE Sensex and NSE Nifty 50 declined 110.02 factors, or 0.25 per cent, to 44,149.72 and 18.05 factors, 0.14 per cent, to 12,968.95 respectively.
(Additionally Learn: Sensex Ends 110 Factors Decrease, Nifty Slips To 12,969 Forward Of GDP Knowledge)
The rupee weakened by 16 paise – or 0.22 per cent – to shut at 74.04 towards the US greenback, regardless of weak point within the dollar abroad.
(Additionally Learn: Rupee Ends Profitable Streak, Closes At 74.05 Towards Greenback)
The 10-year benchmark bond yield ended at 5.91 per cent.
The greenback index – which gauges the American forex towards six others – fell 0.22 per cent to 91.79.
Multi Commodity Alternate will stay shut for the morning session, from 9 am to five pm, and stay open for the night session, from 5 pm to 11:55 pm.
The monetary markets will even stay closed on December 25 for Christmas vacation.