The SGX Nifty Future is trading at 10,161.50 with a loss of -0.88% percent or -90.50 point. The Nikkei 225 Future is trading at 22,018.00 with a loss of -2.70% percent or -612.00 point . The Hang Seng Future is trading at 25,322.00 with a loss of -3.10% percent or -810.00 point.
TODAY’S FACTORS AND EVENTS
Monday’s intraday price action was clearly favouring the bears, as two attempts by the bulls, succumbed to the pressures, which succeeded in pushing the indices to lower levels. “Once the bulls give up the psychological support at 10,200 level, bears will swiftly breach recent swing lows of 10,138, and eventually look to take the indices below 10,000 level,” said Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.
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