The SgxNifty Future is trading at 11,630.00 up with +0.28% percent or +32.00 point. The Nikkei 225 Future is trading at 22,825.00 with a loss of -1.66% percent or -385.00 point.The Hang Seng Future is trading at 25,348.00 up with +0.54% percent or +137.00 point.
TODAY’S FACTORS AND EVENTS
India’s Future Enterprises Ltd is all set to finalise the sale of the group’s retail business to Mukesh Ambani-led Reliance Industries Ltd’s retail arm on Saturday, The Economic Times said.
The deal, reportedly in the works for months now, has been valued at about ?29,000- ?30,000 crore, according to various media reports. Citing two sources familiar with the matter, The Economic Times said on Friday that Reliance will take on Future Group’s debt and liabilities and pick up a minority stake in its consumer arm.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 28,248.44 with a loss of -0.21% percent or ?60.02 point. The S&P 500 is trading at 3,443.62 up with +0.36% percent or +12.34 point. The Nasdaq Composite is trading at 11,466.47 up with +0.76% percent or +86.75 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,290.86 with a loss of –0.025% percent or –5.91 point. Hong Kong’s Hang Seng is trading at 25,457.87 with a loss of –0.11% percent or –28.35 point. China’s Shanghai Composite is trading at 3,329.74 with a loss of –1.30% percent or –43.84 point. India’s BSE Sensex is trading at 38,859.34 up with +0.040% percent or +15.46 point at 12:15 PM.