Mumbai (Maharashtra) [India], October 2 (ANI): The National Stock Exchange of India (NSE) and the BSE were closed on Friday on account of Mahatma Gandhi Jayanti.

Wholesale commodity markets including metal and bullion were also shut. There was no trading activity in the forex and commodity futures markets as well.

Also Read | Donald Trump and Melania Trump Test Positive For COVID-19.

Equity markets started the month yesterday on a strong note with benchmark indices rallying more than 1.5 per cent amid hopes of another fiscal stimulus package by the government and unlock 5.0 guidelines.

The BSE S&P Sensex closed 629 points or 1.65 per cent higher at 38,697 while the Nifty 50 gained by 169 points or 1.51 per cent at 11,417. The rally was led by banking and financial stocks.

Also Read | Bigg Boss 14: Omung Kumar Reveals It Was Tough Designing the Futuristic-Themed House This Season.

The trading will now resume on October 5 Monday. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)