The Sgx Nifty Future is trading at 10,509.50 up with +1.06% percent or +110.50 point. The Nikkei 225 Future is trading at 22,215.00 up with +0.57% percent or +125.00 point.The Hang Seng Future is trading at 24,968.00 up with +3.40% percent or +822.00 point.
TODAY’S FACTORS AND EVENTS
Substantial short covering of index futures by FPIs witnessed the market breaking above the 10,400 hurdle, but the bigger obstacle kicks in at 10,551, the 61.8 per cent retracement of the fall from 12,430.5 on January 20 to the multi-year low of 7,511.1 on March 24 this year.
After hitting a high of 35,467.23, the BSE Sensex settled 498.65 points, or 1.43 per cent, higher at 35,414.45 on Monday. Similarly, the Nifty surged 127.95 points, or 1.24 per cent, to close at 10,430.05. Axis Ban ..
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 25,812.88 up with +0.85% percent or +217.08 point. The S&P 500 is trading at 3,100.29 up with +1.54% percent or +47.05 point. The Nasdaq Composite is trading at 10,058.77 with +1.87% percent or +184.61 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 22,121.73 with a loss of –0.75% percent or –166.41 point. Hong Kong’s Hang Seng is trading at 24,427.19 up with 0.52% percent or +125.91 point. China’s Shanghai Composite is trading at 3,022.91 with 1.28% percent or +38.24 point. India’s BSE Sensex is trading at 35,269.22 with +1.01% percent or +353.42 point at 12:15 PM.