Equity, forex, commodity markets closed for Holi

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Indian equity, forex, debt and commodity markets are closed on Thursday on account of Holi
Domestic equity benchmarks signalled indecisiveness on Wednesday as the Sensex ended higher for the eighth straight session while the Nifty
closed in the red. Caution crept in ahead of the outcome of the US Fed rate review and investors booked profit in select pockets
After fluctuating between gains and losses, the 30-stock pack settled at 38,387, up 23 points, or 0.06 per cent, with 12 stocks flashing
green and 18 red
The Nifty closed 11 points down at 11,521, with 16 stocks advancing and 34 declining. The Nifty50 formed higher highs and lows for the
eighth successive session on Wednesday
However, analysts said it was too early to say if the market is about to see a trend reversal
technical research analyst of HDFC securities. Momentum indicator moving average convergence divergence, or MACD, showed bearish crossovers
on 157 counters on the BSE, including those of Suzlon Energy, SAIL, Jet Airways, Adani Power, Tata Steel, JSW Steel, SREI Infrastructure and
Bharat Forge.