A more hawkish US Federal Reserve could keep stocks in check despite a sentiment boost from higher economic growth, said experts. The 30-share BSE Sensex dropped 4.95% or 1,780.98 points in February to close at 34,184.04 points. The National Stock Exchange’s (NSE) 50-share Nifty shed 4.85% or 534.85 points and closed the month at 10,492.85 points. Thereafter, volatility reigned supreme in global markets as investors were concerned about the rise in US treasury yields and leveraged bets against stock volatility were unwinding. On the other hand, domestic institutional investors (DIIs) invested a net of Rs17,813 crore during the month, their best inflows since September.

Source: Mint February 28, 2018 15:56 UTC