According to a report by Sharekhan, the Indian markets expect to open on a weak note tracking negative global cues. SGX Nifty is also trading 12.50 points lower.
On Wednesday (February 06, 2013), the Sensex settled at 19639.72, down by 20.10 points while the Nifty closed at 5959.20, rising by 2.30 points.
Most of the Asian stocks are trading lower today (February 07, 2013), as Japanese shares retreated after staging a sharp rally in the previous session, while Chinese stocks slipped ahead of the Lunar New Year holiday.
European stocks declined on Wednesday (February 06, 2013), reversing earlier gains, as an opinion poll in Italy showed that the anti- austerity campaign of Silvio Berlusconi has boosted the former premier’s popularity before this month’s elections.
US stocks were off slightly, with a turn in European markets offsetting better-than-expected results from blue-chip entertainment company Walt Disney. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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