The NSE Nifty Future is trading at 10,260.50 with a loss of -1.18% percent or -121.50 point. The Nikkei 225 Future is trading at 22,463.00 with a loss of -1.78% percent or -412.00 point . The Hang Seng Future is trading at 25,497.00 with a loss of -1.07 percent or -275.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to witness a positive opening on Wednesday, tracking buoyancy in Asian and US markets. Nifty futures on the Singapore Exchange (SGX Nifty) traded with solid gains this morning, signalling a good day ahead.
IT giant Infosys on Tuesday reported a 10.30 per cent YoY rise in profit at Rs 4,110 crore for September quarter, largely in line with a Rs 4,048 crore profit estimate that analysts had projected. The company maintained its full-year guidance for top-line growth and margins, disappointing analysts who expected the IT services company to paint a rosier picture.
WORLD MARKETS
For the day the Dow is trading at 25,379.45 with a loss of -1.27% percent or -327.23 point. The S&P 500 is trading at 2,768.78 with a loss of -1.44% percent or -40.43 point. The Nasdaq Composite is trading at 7,485.14 with a loss of -2.06% percent or -157.56 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,532.08 with a loss of -0.56% percent or -126.08 point. Hong Kong’s Hang Seng is trading at 25,605.96 up with +0.59% percent or +151.41 point. China’s Shanghai Composite is trading at 2,550.46 up with +2.58% percent or +64.05 point. India’s BSE Sensex is trading at 34,426.32 with a loss of -1.02% percent or -353.26 point at 12:15 PM