The SgxNifty Future is trading at 13,869.80 up with +0.38% percent or +52.20 point. The Nikkei 225 Future is trading at 27,635.00 with a loss of -1.48% percent or -415.00 point.The Hang Seng Future is trading at 28,232.00 with a loss of -1.79% percent or -516.00 point.
TODAY’S FACTORS AND EVENTS
India enduring the COVID-19 pandemic disruption, the Finance Minister has assured that the 2021 Union Budget will be like no other in the past and will help India emerge as the engine for global growth. Harmonization of the tax laws with the other domestic laws helps bring consistency, reduce litigation and boost investor/stakeholder’s confidence in the economy while fostering the ever-green government agenda of ‘ease of doing businesses. Against this backdrop, we have listed below some of the key tax expectations from the forthcoming Union Budget.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 30,603.36 up with +0.99%percent or +300.19 point. The S&P 500 is trading at 3,787.38 up with +0.98% percent or +36.61 point. The Nasdaq Composite is trading at 13,337.16 up with +0.50% percent or +66.56 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 27,700.50 with a loss of -1.76%percent or ?496.92 point. Hong Kong’s Hang Seng is trading at 28,489.07 with a loss of -0.22% percent or -61.70 point. China’s Shanghai Composite is trading at 3,482.34 with a loss of -0.65% percent or -22.84 point. India’s BSE Sensex is trading at 46,996.86 with +0.26%percent or +122.50 point at 12:15 PM.