Feb 22, 2013, 08.46 AM IST | Source: Moneycontrol.com

Markets likely to fall on weak global sentiments: Sharekhan

According to a report by Sharekhan, today, on the last trading day of the week, the Indian markets are likely to fall tracking weak global sentiments. SGX Nifty is also trading 11 points lower.

According to a report by Sharekhan, today, on the last trading day of the week, the Indian markets are likely to fall tracking weak global sentiments. SGX Nifty is also trading 11 points lower.

From the IPO section, Kavita Fabrics initial public offering (IPO) closes today. The price band is Rs40 per equity share of face value Rs10 each.

On Thursday (February 21, 2013), the Sensex closed at 19,325, down by 317.39 points and the Nifty fell 90.80 points to settle at 5,852.25.

Asia stocks are trading mostly lower on Friday (February 22, 2013), extending a monetary-policy inspired selloff from the previous session, and with Japan under pressure from a stronger yen.

European markets saw steep losses on Thursday (February 21, 2013), as euro-zone data disappointed a day after minutes from the US Federal Reserve's latest meeting illustrated a split over the central bank's monetary-easing program.

US stocks continued to fall on 2nd-day Thursday on weak economic data and concern about the Federal Reserve's resolve to keep juicing the economy. The Standard & Poor's 500 index is headed for its first weekly loss of the year.

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