Indian stock markets were closed on account of Eidh. The forex and the money markets were also closed for trading.
The Hang Sang was also down 2 per cent in trade. The Brexit worries once again came to haunt the markets, after te pound sterling dropped against the US dollar.
The UK's Pound Sterling dropped to 1.28 against the US Dollar, as investors scurried to safe assets.
Indian markets may remain volatile once they open for trade on Thursday. Check currency rates here