FOREX UPDATE

New Delhi, Oct 2 In a truncated trading week, the benchmark index of Indian equities markets crossed the 17,000-mark for the first time in 16 months.

In a truncated trading week, due to two public holidays Monday and Friday, the 30-share sensitive index (Sensex) ended 441.55 points, or 2.65 percent higher, at 17,134.55 points at weekly close Thursday, as opposed to the previous week's close at 16,693 points.

The Sensex rose consecutively Tuesday and Wednesday, and managed to hold on to the gains Thursday.