Markets closed on account of Mahatma Gandhi Jayanti

Indian equity, forex, money and commodity markets are shut today on account of Mahatma Gandhi Jayanthi

SI Reporter Mumbai
Last Updated : Oct 02 2014 | 11:34 AM IST
Indian equity, forex, money and commodity markets are shut today on account of Mahatma Gandhi Jayanti, the birth anniversary of the leader of India's fight for independence from British rule. 

Markets will be closed from Thursday to Monday, with trading to resume on Tuesday, i.e., October 7.

The Sensex fell 0.23%, or 62.52 points, to end at 26,567.99 on Wednesday. The broader Nifty lost 0.24%, or 19.25 points, to end at 7,945.55.

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The partially convertible rupee ended at 61.61/62 per dollar compared with Tuesday's close of 61.7450/7550.

Further, foreign portfolio investors (FPIs) have bought shares worth a net Rs 5102.52 crore in September 2014 (till 29 September 2014). FPIs bought shares worth a net Rs 5429.76 crore in August 2014. FPIs have bought shares worth a net Rs 83437.70 crore in this calendar year (till 29 September 2014).

GLOBAL MARKETS

Asian stocks fell on Thursday, dragged lower after the first case of Ebola diagnosed in the United States spooked Wall Street overnight, while a bout of risk aversion pushed down yields and put the dollar's recent rally on pause.

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, and Tokyo's Nikkei shed 1.3%.

Hong Kong streets were calm early on Thursday as while police largely kept their distance from tens of thousands of mostly young people who have continued protests for nearly a week.

U.S. stocks dropped more than 1 percent on Wednesday as the Ebola news scared investors, economic data pointed to uneven growth, and the Russell 2000 index of small-cap shares entered correction territory.

Investors warmed to the Japanese currency after a slew of surveys showed German factory activity shrank for the first time in 15 months, China's manufacturing sector barely grew, while the United States slowed more than expected.

The dollar traded at 109.025 yen, suffering a sharp fall on declining U.S. Treasury yields after poking above the psychological 110 threshold the previous day for the first time since 2008.

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First Published: Oct 02 2014 | 9:37 AM IST

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