The  SgxNifty Future is trading at 11,845.50 up with -0.80% percent or -95.50 point. The Nikkei 225 Future is trading at 23,573.00 with a loss of -0.07% percent or -17.00 point.The Hang Seng Future is trading at 24,602.50 with a loss of -0.42% percent or -103.50 point.

TODAY’S FACTORS AND EVENTS

Tata Consumer Products’ (TCP) India beverages business, which houses mainly the India tea business reported 11% revenue growth during 1QFY21, aided by 4% volume growth and balance by value growth; EBIT margins in 1QFY21 expanded 620bp YoY to 21.5% and EBIT grew 56% YoY. The performance was aided by better realizations, favorable commodity costs and lower discretionary expenditure.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 11,864.40 with a loss of – percent or  ?70.10 point.Nikkei 225 is trading at 23,626.73 up with +percent or  +24.95 point. Hong Kong’s Hang Seng is trading at 24,641.07  with a loss of percent or ?8.61 point.

WORLD MARKETS

For the day the Dow is trading at 28,837.52 with +percent or  +250.62 point. The S&P 500 is trading at 3,534.22 up with + percent or  +57.09 point. The Nasdaq Composite is trading at 11,876.26 up with + percent or +296.32 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,601.78 up with + percent or +43.09 point. Hong Kong’s Hang Seng is trading at 24,649.68 up with +percent or  +530.55 point. China’s Shanghai  Composite is trading at 3,359.75 up with + percent or +1.28 point. India’s BSE Sensex is trading at 40,598.80 up with + percent or  +5.00 point at 12:15 PM.

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