Markets will resume trading on Thursday, Nov. 21.
NSE holiday is the top trending topic on google search on Wednesday morning as currency, debt and equity markets are closed on Wednesday, Nov. 20, for the Maharashtra state election. Markets will resume trading on Thursday, Nov. 21.
As per trends.google, the topic saw a massive search volume as over 50k searches were made on the topic ‘NSE holidays’. It witnessed 1000 per cent spike in the search in a span of just 20 minutes.
Screengrab of trends.google
The benchmark Nifty 50 rose 0.28%, snapping a seven-session drop, while the BSE Sensex gained 0.31% after a four-session decline, with analysts ascribing the rise to a short-term relief rally after slipping to correction territory.
The Indian rupee declined to its record low versus the U.S. dollar before closing down by 0.04% at 84.4150, as foreign banks’ dollar bids and risk-aversion weighed on the local currency.
The benchmark 10-year bond was quoted at 99.83 rupees, with the yield marginally down at 6.8125% tracking a decline in U.S. Treasury yields, and following comments from the country’s finance minister on interest rates.