The NSE Nifty Future is trading at 11,427.00 up with +0.11% percent or +12.80 point. The Nikkei 225 Future is trading at 22,660.00 up with +0.13% percent or +30.00 point . The Hang Seng Future is trading at 28,173.00 up with +1.60% percent or +445.00 point.
TODAY’S FACTORS AND EVENTS
Several analysts are of the opinion that mutual fund schemes, which have a reasonably good exposure to mid-sized companies with high focus on large ones, are likely to do well in the coming quarters.
One of the key reasons behind this is high valuations of largecaps. Even though large-sized companies are performing better than mid-sized companies in the near term, their elevated valuations may prompt fund managers to look for sound investment ideas in the midcap space.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,502.18 up with +0.16% percent or +39.60 point. The S&P 500 is trading at 2,850.40 up with +0.35% percent or +10.05 point. The Nasdaq Composite is trading at 7,859.68 up with +0.61% percent or +47.66 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,662.74 up with +0.69% percent or +155.42 point. Hong Kong’s Hang Seng is trading at 28,227.13 up with +1.47% percent or +407.57 point. China’s Shanghai Composite is trading at 2,779.37 up with +2.74% percent or +74.22 point. India’s BSE Sensex is trading at 37,713.15 up with +0.056% percent or +21.26 point at 12:15 PM.