Stock, Forex markets closed today for Mahashivratri

Written by Reuters | Mumbai | Updated: Feb 27 2014, 23:51pm hrs
BSE SensexBSE Sensex rose for a fourth straight session on Wednesday to close at their highest in more than a month.
Barring bullion, Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), Forex and Money markets all other commodity markets remained closed today on account of 'Mahashivratri'.

Markets will resume trading on Friday.

The partially convertible rupee closed at 61.98/99 per dollar on Wednesday compared with its close of 61.9350/9450 on Tuesday.

The benchmark BSE index rose 0.65 percent, or 134.52 points, to end at 20,986.99 on Wednesday. The broader NSE index rose 0.62 percent, or 38.75 points, to end at 6,238.80.

The benchmark 10-year bond yield closed 5 basis points higher at 8.92 percent, a level last seen on Dec. 30.

The benchmark five-year swap rate closed up 8 bps at 8.61 percent, while the one-year rate ended 5 bps higher at 8.71 percent.