The  SgxNifty Future is trading at 13,439.20 up with +0.39% percent or +51.60 point. The Nikkei 225 Future is trading at 26,415.00 with a loss of -1.58% percent or -425.00 point.The Hang Seng Future is trading at 26,450.00 with a loss of -1.44% percent or -386.00 point.

TODAY’S FACTORS AND EVENTS

Going ahead, we expect cyclical to outperform, with a leadership mainly from banking index. Since banking components contribute 33% weightage in the benchmark index Nifty, we believe, traction in banking stocks would drive the index higher and extend the current up move towards 13,600 in coming weeks,” he said.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 13,258.55 up with + percent or  +124.65 point.Nikkei 225 is trading at 26,547.44 with a loss of –percent or  -203.80 point. Hong Kong’s Hang Seng is trading at 26,506.85 with  a loss of – percent or ?329.07 point.

WORLD MARKETS

For the day the Dow is trading at 30,218.26 up with +percent or +248.74 point. The S&P 500 is trading at 3,699.12 with + percent or  +32.40 point. The Nasdaq Composite is trading at 12,464.23 up with + percent or +87.05 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 26,547.44 with a loss of –percent or  -203.80 point. Hong Kong’s Hang Seng is trading at 26,489.41 with a loss of –percent or -346.51 point. China’s Shanghai  Composite is trading at 3,416.60 with a loss of – percent or –27.98 point. India’s BSE Sensex is trading at 45,332.00 up with percent or  +245.47 point at 12:15 PM.