The rupee ended increased by 10 paise at 74.24 per greenback on Wednesday vis-a-vis earlier shut of 74.34
The BSE Sensex and NSE Nifty are closed for buying and selling immediately i.e. August 19 on account of Muharram. Muharram commemorates the dying of the Prophet Muhammad’s grandson, Hussein Ibn Ali in the battle of Karbala in AD 680. It additionally marks the start of the Islamic New Year.
The forex markets can even be shut for the day. However, the MCX will probably be closed solely within the morning session from 9 am to five pm. Normal buying and selling will resume on Friday i.e. August 19.
On Wednesday, August 18, the Sensex snapped its four-day record-breaking run to finish decrease by 162.78 factors or 0.29 per cent at 55,629.49 and the Nifty declined 45.80 factors, or 0.28 per cent, to shut at 16,568.80. ICICI Bank, HDFC, Kotak Mahindra Bank, Infosys, Power Grid, Larsen & Toubro and Bharti Airtel have been among the many prime drags on the markets.
In the forex market, the rupee ended increased by 10 paise at 74.24 per greenback on Wednesday as in opposition to the earlier shut of 74.34.
