The NSE Nifty Future is trading at 10,987.00 with a loss of -0.38% percent or -42.00 point. The Nikkei 225 Future is trading at 22,580.00 with a loss of -0.09% percent or -20.00 point . The Hang Seng Future is trading at 28,524.00 with a loss of -0.12% percent or -34.00 point.
TODAY’S FACTORS AND EVENTS
The Nifty50 on Friday respected its key support at 11,000 level but formed a small bearish candle on the daily chart, signalling the possibility of a near-term pause in the ongoing momentum. “The pause shall eventually pave the way for a fresh breakout, which shall initially lead Nifty to test of lifetime high around 11,171 level,” said Mazhar Mohammad of Chartviewindia.in.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 25,019.41 up with +0.38% percent or +94.52 point. The S&P 500 is trading at 2,801.31 up with +0.11% percent or +3.02 point. The Nasdaq Composite is trading at 7,825.98 up with +0.026% percent or +2.06 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,597.35 up with +1.85% percent or +409.39 point. Hong Kong’s Hang Seng is trading at 28,533.61 up with +0.029% percent or +8.17 point. China’s Shanghai Composite is trading at 2,814.04 with a loss of -0.61% percent or -17.14 point. India’s BSE Sensex is trading at 36,487.65 with a loss of -0.15% percent or -53.98 point at 12:15 PM.
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