Business Today

Markets closed for Muharram

Dalal Street had on Thursday cheered Reserve Bank of India's decision to refrain from increasing key policy rates and infuse liquidity into the system, gaining 217 points.

ITGD Bureau   Mumbai     Last Updated: December 17, 2010  | 11:29 IST

The Bombay Stock Exchange (BSE), National Stock Exchange (NSE), Forex and Money markets are closed on Friday on account of Muharram.

Dalal Street had on Thursday cheered Reserve Bank of India's decision to refrain from increasing key policy rates and infuse liquidity into the system, as benchmark Sensex surged over 217 points with buying in interest-sensitive stocks.

The Bombay Stock Exchange's 30-share bellwether witnessed a highly volatile trade but ended 217.08 points higher at 19,864.85, triggered by late-buying interest in financial and realty stocks.

A similar trend was seen in the National Stock Exchange's wide-based Nifty, which finished at 5,870.75, reflecting a gain of 0.37 per cent, or 21.55 points.

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