Indian currency and debt markets are closed on Friday for a local holiday and trading would resume on Monday, but the local stock markets will be functioning as normal.

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On Thursday, the benchmark 10-year bond yield ended at 7.86 percent, up 4 basis points from its Tuesday's close.

All financial markets including stocks were closed on Wednesday for Independence Day celebrations.

The partially convertible rupee closed Thursday at 70.15/16 per dollar versus its previous close of 69.90/91. It hit a record low of 70.40 during the session.