New Delhi, Feb. 21 -- Following weak global market cues, the Indian stock market ended lower for the third straight session on Friday. The Nifty 50 index went off 19 points and closed at the 22,913 mark, the BSE Sensex shed 203 points and closed at 75,735, while the Nifty Bank index finished 235 points lower at 49,334. While large-cap private banks and defensive sectors like IT, FMCG and PHARMA took a breather, utilities and energy stocks ended positively. However, the broader market extended out performance with the Nifty Midcap 100 and the Nifty Small Cap 100 indices closing higher by 1.26% and 1.43%, respectively.

On the outlook for the Indian stock market today, Siddhartha Khemka, Head of Research - Wealth Management at Motilal Oswal...