Indian markets are closed on account of Mahaveer Jayanti and are not able to trade until Monday, as they would be closed on Friday as well on account of Good Friday. Global markets were seen trading in the red and Asian markets have followed them in trading on Thursday.
Asian markets fell after renewed fears of the Eurozone debt crises escalating after a weak Spanish bond auction garnered lesser than expected funds.
The Nikkei 225 was down by 1.06% at 9,716, while the Hang Seng was down by 1.11% at 20,564. The Shanghai composite however bucked the trend and was up 1.37% at 2,293.
Sentiments were also dampened as the hopes faded on quantitative easing (QE3). A suicide in Greece and the possibility of riots further escalated worries in the eurozone region.