The bourses will reopen for trading on April 22, Thursday.
On Tuesday, Indian markets witnessed a bounce-back in its opening trade, but failed to hold onto its early gains due to weak global cues and the possibility of a stricter lockdown in Maharashtra, said an analyst.
The 30-share pack Sensex dived 243.62 points or 0.51 per cent to close at 47,705.80. The index traded in the range of 1,040 points during the day. Its broader peer NSE Nifty declined 63.05 points or 0.44 per cent to 14,296.40.
“Despite the vaccine drive kindling hopes of recovery, the trend in the market will depend on positive developments like decreasing Covid cases and lifting restrictions. IT and FMCG were the sectoral laggards, while mid- and small-caps outperformed,” said Vinod Nair, Head of Research at
.
Market breadth was in favour of gainers as 1,645 stocks ended in the green, while 1,232 names settled with cuts. As many as 150 securities hit 52-week highs, mostly from the smallcap space. Meanwhile, 47 names hit 52-week lows, mostly from the microcap space. About 250 stocks hit upper circuit limits and 193 lower circuit limits.
European markets were trading mixed. London-based FTSE was down 0.94 per cent while Paris and Frankfurt declined 1.37 per cent and 0.82 per cent, respectively. In Asia, Japan, Singapore, Indonesia and China ended in the red while others registered gains.
