The Sgx Nifty Future is trading at 9,330.50 up with +2.07% percent or +189.50 point. The Nikkei 225 Future is trading at 19,743.00 up with +1.61% percent or +313.00 point.The Hang Seng Future is trading at 24,210.00 up with +2.07% percent or +491.00 point.
TODAY’S FACTORS AND EVENTS
Former Finance Minister P Chidambaram on Monday lauded the RBI”s prompt action in announcing a Rs 50,000 crore special liquidity facility for mutual funds.
The Reserve Bank of India on Monday announced a Rs 50,000 crore special liquidity facility for mutual funds, days after Franklin Templeton Mutual Fund decided to close six debt schemes.
“I welcome the RBI”s announcement of a Rs 50,000 crore special liquidity facility for Mutual Funds. I am glad that RBI has taken note of the concerns expressed two days ago and requesting prompt action,” the Congress leader said on Twitter.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 23,775.27 with +1.11% percent or +260.01 point. The S&P 500 is trading at 2,836.74 with 1.39% percent or +38.94 point. The Nasdaq Composite is trading at 8,634.52 with 1.65% percent or +139.77 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,783.22 up with +2.71% percent or +521.22 point. Hong Kong’s Hang Seng is trading at 24,271.41 up with +1.85% percent or +440.08 point. China’s Shanghai Composite is trading at 2,815.44 up with +0.25% percent or +6.91 point. India’s BSE Sensex is trading at 32,015.78 with 2.20% percent or +688.56 point at 12:15 PM.