The Sgx Nifty Future is trading at 9,407.50 with a loss of -3.86% percent or –377.50 point. The Nikkei 225 Future is trading at 19,573.00 with a loss of -2.43% percent or -487.00 point.The Hang Seng Future is trading at 24,736.00 up with +1.23% percent or +301.00 point.
TODAY’S FACTORS AND EVENTS
Buoyed by encouraging data from coronavirus drug trials in the US, domestic equity indices extended their rally to the fourth day during the week on Thursday. Expansion of Chinese factory data also helped the sentiments on Dalal Street.
Gilead’s antiviral remdesivir in early clinical trials seemed to show it helped speed recovery in coronavirus patients. This gives hope when the worldwide death count from the virus has surpassed 2,25,000.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 24,345.72 with a loss of -1.17% percent or -288.14 point. The S&P 500 is trading at 2,912.43 with a loss of –0.92% percent or -27.08 point. The Nasdaq Composite is trading at 8,889.55 with a loss of -0.28% percent or -25.16 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,619.35 with a loss of –2.84% percent or –574.34 point. Hong Kong’s Hang Seng is trading at 24,643.59 up with +0.28% percent or +67.63 point. China’s Shanghai Composite is trading at 2,860.08 up with +1.33% percent or +37.64 point. India’s BSE Sensex is trading at 33,717.62 up with +3.05% percent or +997.46 point at 12:15 PM.