If you think that the stock markets had a lazy closing on Friday – the last trading day of the week – pause as Market Guru Anil Singhvi gives a complete picture. While the BSE Sensex ended almost flat though with some positive bias, NSE Nifty 50 and Bank Nifty ended in the red.

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The Zee Business Managing Editor said that the markets opened without much noise and then fell steeply. That was primarily on the back of US Markets’ poor show on Thursday. Dow ended 200 points down. On Friday, Dow Futures were down too, he said. The Foreign Institutional Investors were also on the selling spree both in cash market and the futures and options (F&O) markets.

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He said that next week is make or break weak as the week will also see monthly expiry for futures and options markets, he said. Global markets have also seen weakness and the market corrections have ensure that the positions are much lighter now.