Expect market to open flat: Sharekhan

According to a report by Sharekhan, the Indian equities may begin last trading session of the week on a flat note tracking mixed global cues. SGX Nifty is trading 10.00 points higher.

On Thursday (February 14, 2013), the Sensex closed at 19497.18, down by 110.90 points and the Nifty fell by 36 points to settle at 5896.95.

Asian shares eased on Friday (February 15, 2013) with investors turning cautious as weak euro zone growth data presaged the G20 meeting in this session and on Saturday in Moscow.

European markets reported losses on Thursday (February 14, 2013) after weaker-than-expected euro-zone gross domestic product data (GDP) confirmed the region slipped deeper into recession in the final quarter of 2012, reminding investors of the continent’s persistent growth woes.

Shares in the US markets traded in the mixed territory on Thursday reflecting the positive data from the US labor market and the GDP contractions in the core members of the euro zone and Japan

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