Feb 27, 2013, 08.43 AM | Source: Moneycontrol.com
According to a report by Sharekhan, the Indian equities may start the trading session on a flat note tracking mixed global cues. SGX Nifty is also trading 1 point higher.
, Sharekhan |
On Tuesday (February 26, 2013), the Sensex closed at 19015.14, down by 316.55 points and the Nifty fell by 93.40 points to settle at 5761.35.
Asian shares rebounded on Wednesday (February 27, 2013), tracking US stocks higher as the Federal Reserve Bank reassured markets of its commitment to strong monetary stimulus, but investors remained wary of political gridlock in Italy reigniting the euro zone financial crisis.
European stock markets declined on Tuesday (February 26, 2013), with the inconclusive election result in Italy raising fears that political deadlock will delay economic reforms.
US stocks climbed on Tuesday, after their biggest drop since November as housing and confidence data boosted sentiment.
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