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Indian stock markets closed for Eid; other Asian markets face heavy selling pressure

Mumbai (Maharashtra) [India], March 31 (ANI): The Indian stock markets remained closed on Monday in observance of Eid-ul-Fitr celebrations, while other major Asian markets faced heavy selling pressure.

At the time of filing this report Japan’s Nikkei 225 plunged by 4 per cent, Taiwan’s Weighted Index declined by 2.97 per cent, and South Korea’s benchmark index dropped by over 2.5 per cent, reflecting widespread i