The Markets traded cautiously on Thursday ahead of a long weekend.
The stocks markets touched record highs on Wednesday after surprise rate cut by Reserve Bank of India but cooled off towards the closing.
The benchmark Nifty extended gains for fourth consecutive session hitting a fresh record high.
Continuing its rising streak, the markets gained for the third straight session on Monday.
First full year Budget of the Modi Government triggered huge volatility in the Stock Market.
After China, Indian stock markets emerged as the best performer with a return of 30 per cent to investors during April-December period of the current fiscal.
SEBI and Stock Exchanges have enhanced vigil to keep manipulators at bay and ensure smooth operations.
Indian markets on Thursday logged their worst daily drop in two weeks.
According to a UBS report, in the last 20 years average return in Nifty one week prior to the Budget was -0.5 per cent.