South Asian stock market closing | Indian stock index closes up 1%, Pakistan and Sri Lanka stock indexes hit record highs at close

On Monday, the blue-chip CNX Nifty index of the National Stock Exchange of India closed up 1.00% at 24876.95 points, failing to break through the 50-day moving average. The mid-cap stock index of India closed up 1.08% at 57113.15 points; the S&P BSE Sensex index closed up 0.84%, and the Mumbai Stock Exchange 500 index closed up 1.11%. The Indian Rupee against the US Dollar rose 0.24% to 87.3488 Rupees. On the daily chart, it has held steady near the historical low of 87.95 Rupees set on February 10 since August. The yield on India's 10-year government bond rebounded by 9.7 basis points to 6.497%. The KSE 100 index of the Karachi Stock Exchange in Pakistan closed up 1.19% at 148,000 points, setting a new closing high after several days; the Karachi All-Share Price Index closed up 1.12% at 91610.12 points, also setting a new closing high. The Colombo All-Share Price Index in Sri Lanka closed up 1.25% at 20470.52 points, continuing to set new closing highs. The Dhaka Stock Exchange broad index in Bangladesh closed up 0.34%.