The bourses will reopen for trading on August 20, Friday.
On Wednesday, benchmark indices hit fresh record highs in the morning trade but lost momentum at the closing, eventually ending in the red. Bank, financial services along with metals saw some selling.
The 30-share pack Sensex declined 162.78 points or 0.29 per cent to close at 55,629.49. The index traded in a range of over 600 points during the day. Its broader peer NSE Nifty fell 45.75 points or 0.28 per cent to 16,568.85.
Market breadth was in favour of losers as 1,097 stocks ended in the green, while 2,083 names settled with cuts. As many as 207 securities hit 52-week highs, mostly from the smallcap space. Meanwhile, 34 names hit 52-week lows, mostly from the microcap space. About 235 stocks hit upper circuit limits and 390 lower circuit limits.
European markets were trading lower. London-based FTSE was down 0.50 per cent while Paris and Frankfurt declined 0.56 per cent and 0.21 per cent, respectively. In Asia, all markets ended in the green.