Dalal Street to take New Year break

All the leading markets across the Americas and Europe, including Australia and South Africa would remain closed on Friday.

In Asia, the Tokyo Stock Exchange, China’s Shanghai Stock Exchange and Hong Kong exchanges, and Taiwan Stock Exchange will be closed. Also, the Russian Stock Exchange will be shut.

Meanwhile, with many of the holidays falling on either on Saturdays or Sundays, Dalal Street would be shut for just 11 days in the new year, against a hefty 19 in the outgoing year. As many as seven holidays, including the Independence Day, Dussehra, Guru Nanak Jayanti and Christmas, fall either on a Saturday or Sunday in 2010.