NEW DELHI: Indian equity, currency and derivatives markets were closed for trading on Friday, October 15, as Dalal Street and the nation observe Dussehra. Commodity markets were closed for the morning session, but will open in the evening.The equity bourses will reopen for trading only on October 18, Monday.On Thursday, the benchmark equity indices logged gains for the sixth straight session as buying continued across sectors. Easing inflation in India emboldened investors but globally there are growing signs of liquidity tightening, which may make some cautious.The 30-share Sensex rose 568.90 points or 0.94 per cent to close at 61,305.95. The index closed above the 61,000 level for the first time ever. Its broader peer, NSE Nifty, advanced 176.80 points or 0.97 per cent to 18,338.55.The broader market indices also ended higher, but underperformed their headline peers. Nifty Smallcap index rose 0.60 per cent and Nifty Midcap index advanced 0.65 per cent. Nifty 500 index, the broadest index on NSE, ended up 0.88 per cent.US stocks surged on Thursday as companies including Morgan Stanley and UnitedHealth gained following strong results, while data on the labor market and inflation soothed worries about the outlook for higher rates.Asian shares advanced on Friday, warmed by the embers of a strong day on Wall Street which also supported risk-friendly currencies and hurt the safe-haven yen, though worries about the Chinese economy capped gains.Oil prices were also back testing new multi-year highs, a drag on growth in energy-importing markets in north Asia, but good news for energy-exporting markets in Southeast Asia.MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.6%, and Japan’s Nikkei rose 1.08%.

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