India’s equity, currency and debt markets will be closed on
Thursday, January 15, for a local holiday. Trading will resume
on Friday, January 16.
The Nifty 50 fell 0.26% to 25,665.6 and the BSE
Sensex shed 0.29% to 83,382.71 on Wednesday, marking
their seventh daily loss in eight sessions on concerns over U.S.
tariffs and foreign outflows.
The Indian rupee dropped 0.12% versus the U.S.
dollar to 90.2950, with corporate dollar appetite and likely
intervention by the Reserve Bank of India tugging the currency
in one direction and another.
The benchmark 10-year bond closed at 98.785
rupees, with the yield up nearly 2 basis points at 6.6498%. The
benchmark 10-year bond fell to the lowest in more than three
weeks on lingering disappointment over the decision to skip
adding Indian debt to Bloomberg’s Global Aggregate Index.