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India's currency, debt and equity markets will remain closed on Tuesday for a holiday.

Financial markets will resume trading on Wednesday, Nov. 13.

The broader NSE Nifty ended 0.04% higher at 11,913.45 on Monday, while the benchmark BSE Sensex closed up 0.05% at 40,345.08.

The 10-year benchmark bond yield closed at 6.77%, while the rupee settled at 71.46 to the dollar.

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  Nifty Future Tips

Nifty future is nothing but the index future where the underlying is the S&P CNX Nifty index. In India, index futures trading started in 2000 in NSE. For Nifty futures contracts, the permitted lot size is 50, and in multiples of 50. Like other futures contracts, Nifty future tips contracts also have a three-month trading cycle - the near-month, the next month and the far-month.



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