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Journalism of Courage
Stock,bond and currency markets are closed on Monday for a local holiday. Trading resumes on Tuesday.
On Friday,the 30-share BSE index fell 2.21 per cent to 8,843.21,its lowest close since Jan. 22,and registered its biggest weekly fall since October.
The partially convertible rupee ended at 49.72/74 per dollar on Friday,0.2 per cent weaker than Thursday’s close of 49.62/63. The unit had its biggest weekly fall since the end of December.
A strike by central bank employees disrupted bond trading on Friday. On Thursday,the yield on the most-traded paper,the 8.24 per cent 2018 bond ,ended at 6.42 per cent.
