Indian equity benchmarks were little changed on Thursday ahead of monthly expiry of November futures and options contracts as losses in ICICI Bank, HDFC Bank, Hindustan Unilever, Larsen & Toubro and HDFC were offset with gains in Reliance Industries, Infosys, Bharti Airtel and Tata Consultancy Services amid weak global cues. Asian shares wobbled lower on Thursday, hurt by the U.S. dollar which continued to march higher as investors bet on interest rates rising more quickly in the United States than in other major economies such as Japan and the euro zone.
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.18 per cent to a six-week low, having posted a small decline in each of the past six trading sessions. Japan's Nikkei rose 0.8 per cent.
Overnight, Wall Street ended higher and is back testing record highs as tech stocks bounced back from a selloff earlier this week.
As of 9:21 am, the Sensex was up 58 points at 58,399 and Nifty 50 index rose 21 points to 17,436.
