The NSE Nifty Future is trading at 11,331.00 up with +0.22% percent or +24.35 point. The Nikkei 225 Future is trading at 22,530.00 up with +0.04% percent or +10.00 point . The Hang Seng Future is trading at 28,644.00 with a loss of -0.30% percent or -85.00 point.
TODAY’S FACTORS AND EVENTS
The bourse is discussing a trading link with the National Stock Exchange of India Ltd. that would make Singapore a gateway to the NSE’s derivatives market in Gujarat, Modi’s home state, said NSE Chief Executive Officer Vikram Limaye. An agreement would allow Singapore Exchange Ltd. to replace some of the business it’s set to lose after NSE canceled a licensing deal that allowed derivatives linked to the Nifty 50 Index to trade in the city-state.
“We had discussions earlier about a derivatives connect,” Limaye said in an interview on Wednesday. “That is a process that will resume and we will see how the discussion evolves. There is no reason why we cannot consider the proposal.”
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,451.06 with a loss of -0.30% percent or -76.01 point. The S&P 500 is trading at 2,818.82 with a loss of -0.66% percent or -18.62 point. The Nasdaq Composite is trading at 7,737.42 with a loss of -1.46% percent or -114.77 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,544.84 with a loss of -0.74% percent or -167.91 point. Hong Kong’s Hang Seng is trading at 28,713.31 with a loss of -0.32% percent or -90.97 point. China’s Shanghai Composite is trading at 2,869.05 with a loss of -0.16% percent or -4.54 point. India’s BSE Sensex is trading at 37,460.62 up with +0.33% percent or +123.77 point at 12:15 PM.