Domestic markets closed on Monday on account of Mahavir Jayanti

Domestic money, commodity and equity markets will be closed on Monday on account of Mahavir Jayanti.

Trading will again resume on Tuesday as per usual timings. Asian stocks also opened higher on Monday as there was a marked improvement due to the falling number of coronavirus deaths and new cases.

However, volatility continues to remain high in global stock markets due to global restrictions, which have crippled trade and businesses around the world.

India, too, has been seeing major losses on the domestic stock market due to a 21-day lockdown announced by the government.

On Friday, the NSE Nifty 50 index closed down 2.06 per cent at 8,083.8 and the benchmark S&P BSE Sensex ended 2.39 per cent lower at 27,590.95.

The 10-year benchmark bond yield closed at 6.31 per cent, while the rupee settled at 76.23 to the dollar.

(With inputs from Reuters)

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