Indian stock, bonds and currency markets will be closed on Tuesday for a market holiday. Trading will resume on Wednesday.

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On Monday, the broader NSE Nifty gained 0.70 % to end at 9,237.85 after earlier hitting a record high of 9,245.35.

The benchmark BSE Sensex closed up 0.98 % at a record closing high of 29,910.22.

The rupee weakened to 65.02/03 per dollar from its 64.8550 close on Friday after earlier rising to its strongest against the U.S. currency since October 2015.

The benchmark 10-year bond yield fell 4 basis points to 6.65 %.