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Monday, 14 November 2016

Stock Markets off Monday, on account of Guru Nanak Jayanti

The Indian markets will remain close on Monday, November 14, 2016 on account of 'Guru Nanak Jayanti'. All the wholesale commodity markets, together with bullion and metal, are closed on Monday. The BSE And NSE stock markets, forex, money markets and all commodity futures markets will also remain CLOSE for the public holiday. Trading will resume on Tuesday, November 15, 2016. 

The Nifty plunged 2.69 percent to end at 8,296.30, while the Sensex fell 2.54 percent to 26,818.82 on Friday. 

The rupee fell to 67.25/26 from its previous close of 66.6250/66.6350, while the benchmark 10-year bond yield has risen 6 basis points to 6.72 percent. 

Among international markets, most of the markets in Asia closed lower, while major European markets were mixed. The rupee's sink to an 11-week low against the USD, flowing US bond yields and uncertainty about the economic policies of Donald Trump's government apparently prompted.


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