The  SgxNifty Future is trading at 14,183.20 with  a loss of -0.49% percent or -69.90 point. The Nikkei 225 Future is trading at 28,573.00 with a loss of -0.72% percent or -207.00 point.The Hang Seng Future is trading at 29,414.00  with a loss of -2.22% percent or -667.00 point.

TODAY’S FACTORS AND EVENTS

The Budget comes at a time when the Indian economy has just started to recover from the steepest GDP decline in recent times. The Finance Minister Nirmala Sitharaman has already raised expectations from the forthcoming budget, saying that it will be like never before, and alluded to it as “unlike anything seen in the last 100 years.”

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 14,238.90 with a loss of –0.93% percent or  ?133.00 point.Nikkei 225 is trading at 28,546.18  with a loss of –0.96%percent or 276.11 point. Hong Kong’s Hang Seng is trading at 29,433.69  with a loss of –2.40%  percent or -725.32 point.

WORLD MARKETS

For the day the Dow is trading at 30,960.00 with a loss of -0.12%percent or  -36.98 point. The S&P 500 is trading at 3,855.36 with 0.36% percent or +13.89 point. The Nasdaq Composite is trading at 13,635.99 up with +0.69% percent or +92.93  point.

In other parts of world, Japan’s Nikkei 225 is trading at at 28,546.18  with a loss of -0.96%percent or ?276.11 point. Hong Kong’s Hang Seng is trading at 29,411.64 with a loss of -2.48%percent or ?747.37 point. China’s Shanghai  Composite is trading at 3,569.43 with a loss of -1.51% percent or -54.81 point. India’s BSE Sensex is trading at 48,347.59 with a loss of -1.09%percent or -530.95 point at 12:15 PM.