Sensex ends flat, Nifty fails to retain 10,400 level
While Sensex too ended flat at 33,819.50, down 0.07%, benchmark Nifty closed just 0.14% down to 10,382.70 points
The Indian indices closed slightly lower today ahead of the expiry of derivative contracts for February series and taking cues from key Asian counterparts.
Benchmark Nifty closed just 0.14% down to 10,382.70 points, while Sensex too ended flat at 33,819.50, down 0.07%.
Most of the stocks on the benchmark Nifty closed in the negative territory, indicating a negative sentiment prevailing in the market.
Most of the automobiles, financial services, media and metals stocks ended lower.
Punjab National Bank (PNB), which was in the middle of controversy, closed 2.73% lower on the NSE.
Asian shares slipped today as the risk of faster hikes in US interest rates lifted short-term Treasury yields to the highest in almost a decade and boosted the dollar.
MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.35% in early trade, while E-Mini futures for the S&P 500 lost 0.2%.
Even as the yen gave back some of its recent gains on the dollar, Japan's Nikkei shed 1%.
On Wall Street, the Dow had ended Wednesday down 0.67%, while the S&P 500 fell 0.55% and the Nasdaq 0.22%.
(With agency inputs)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
IPL Auction 2025 Free Live Streaming: When and where to watch Indian Premier League 2025 mega auction live online, on TV, Mobile Apps, and Laptop?
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
03:34 PM IST