The SGX Nifty Future is trading at 10,848.00 with a loss of -1.33% percent or -146.00 point. The Nikkei 225 Future is trading at 20,072.00 up with +0.11% percent or +22.00 point . The Hang Seng Future is trading at 25,709.00 with +0.69% percent or +175.00 point.
TODAY’S FACTORS AND EVENTS
Indian equity markets are witnessing a sharp correction on Friday after trending higher for the major part of the week.
The Nifty was trading 119 points lower at 10,832, while Bank Nifty was down 233 points at 27,042, with both the indices erasing most of the gains generated during the week.
The selloff in the markets was in tandem with the correction in global equities, especially US markets which are trading at 14-month lows.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 22,859.60 with a loss of -1.99% percent or -464.06 point. The S&P 500 is trading at 2,467.42 with a loss of -1.58% percent or -39.54 point. The Nasdaq Composite is trading at 6,528.41 with a loss of -1.63% percent or -108.42 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,166.19 with a loss of -1.11% percent or -226.39 point. Hong Kong’s Hang Seng is trading at 25,683.81 up with +0.24% percent or +60.28 point. China’s Shanghai Composite is trading at 2,514.58 with a loss of -0.86% percent or -21.69 point. India’s BSE Sensex is trading at 36,074.01 with a loss of -0.98% percent or -357.66 point at 12:15 PM.