Domestic stock exchanges BSE and National Stock Exchange (NSE) will remain shut on Monday on the ocassion of Ganesh Chaturthi. The wider NSE Nifty closed at 8,809.5, up 35 points or 0.40% from the previous close. The money market will also remain shut on MondayOn Monday, the Asian markets were strong on cues from the US markets. The Wall Street edged higher after damp jobs data eased the hopes of a interest rate hike in September. The US Federal Reserve Chair Janet Yellen, at a recent speech in Jackson Hole, had indicated that a rate hike in the US may come this year, thanks to an improving economy.

Source: dna September 05, 2016 04:07 UTC