The NSE Nifty Future is trading at 10,770.00 up with +0.31% percent or +32.85 point. The Nikkei 225 Future is trading at 22,540.00 up with +0.36% percent or +80.00 point . The Hang Seng Future is trading at 29,355.00 up with +0.20% percent or +23.00 point.
TODAY’S FACTORS AND EVENTS
Weakness in Asian market over Sino-US trade war concerns and a drop in US shares for the eighth straight session do not bode well for domestic equities. Let’s check out what all might matter to Dalal Street on Friday:
Singapore trading sets stage for negative start
Nifty futures on the Singapore Stock Exchange were trading 37.50 points, or 0.35 per cent, lower at 10,695, indicating a negative start for the Nifty50.
Asian shares were under pressure on Friday on signs US trade battles with China and many other countries are starting to chip away at corporate profits, with oil prices choppy ahead of major producers meeting to discuss raising output, Reuters reported. MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed in early trade, stuck barely above its six-month low hit on Tuesday. Japan’s Nikkei lost 1.0 per cent.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,461.70 with a loss of -0.80% percent or -196.10 point. The S&P 500 is trading at 2,749.76 with a loss of -0.63% percent or -17.56 point. The Nasdaq Composite is trading at 7,712.95 with a loss of -0.88% percent or -68.56 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,516.83 with a loss of -0.78% percent or -176.21 point. Hong Kong’s Hang Seng is trading at 29,357.77 up with +0.21% percent or +61.72 point. China’s Shanghai Composite is trading at 2,889.76 up with +0.49% percent or +13.95 point. India’s BSE Sensex is trading at 35,507.72 up with +0.21% percent or +75.33 point at 12:15 PM.