Indices end flat on F&O expiry; Sensex down 25 pts

Indices end flat on F&O expiry; Sensex down 25 pts

 

Mumbai, Feb 22: The domestic indices ended largely flat on Thursday following the expiry of derivative contracts for February series.
The S&P BSE Sensex ended at 33,819, down 25 points while the broader Nifty50 index settled at 10,383, down 15 points.
In the global markets, most Asian stocks fell on Thursday, bond yields hit a fresh four-year high and the dollar stood near a one-week high against a basket of major currencies after the minutes from the Federal Reserve’s January meeting showed the central bank plans to raise interest rates three times in 2018.
Japanese shares fell sharply to close near one-week low as US rate hike bets boosted demand for the yen and office equipment maker Ricoh said it is conducting impairment tests.
The Nikkei average shed 234 points or 1.07 per cent to 21,736.
MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.35 per cent in early trade, while E-Mini futures for the S&P 500 lost 0.2 per cent.