The  SgxNifty Future is trading at 11,420.50 up with +1.45% percent or +163.65 point. The Nikkei 225 Future is trading at 23,320.00 up with +0.56% percent or +130.00 point.The Hang Seng Future is trading at 23,750.00 up with +1.50% percent or +351.00 point.

TODAY’S FACTORS AND EVENTS

The maiden public offer of UTI Asset Management Company has so far received a tepid response from investors. Experts feel the hefty demand for Mazagon Dock due to attractive valuations could be the reason behind it. The public issue has been subscribed 101 percent on October 1, the last day of bidding, as the IPO has received bids for 2.76 crore equity shares against offer size of 2.73 crore equity shares, the data available on the exchanges showed.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 11,401.10 up with + percent or +153.55 point.Nikkei 225 is trading at 23,184.93 with a loss of –percent or 0.19 point. Hong Kong’s Hang Seng is trading at 23,184.93 with a loss of percent or  -0.19 point.

WORLD MARKETS

For the day the Dow is trading at 27,781.70 up with +percent or  +329.04 point. The S&P 500 is trading at 3,363.00 up with percent or +27.53 point. The Nasdaq Composite is trading at 11,167.51 up with  percent or +82.26 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,184.93 with a loss of – percent or –0.19 point. Hong Kong’s Hang Seng is trading at 23,459.05 up with +percent or   +183.52 point. China’s Shanghai  Composite is trading at 3,218.05 with a loss of – percent or 6.31 point. India’s BSE Sensex is trading at 38,664.44 up with + percent or +596.51 point at 12:15 PM.

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