The NSE Nifty Future is trading at 11,472.80  up with +0.48% percent or +54.40 point. The Nikkei 225 Future is trading at 22,610.00  with a loss of -0.09%  percent or -20.00  point . The Hang Seng Future is trading at 28,247.00 up with +0.15% percent or +31.00 point.

TODAY’S FACTORS AND EVENTS

The NSE benchmark Nifty consolidated in Tuesday’s session and stalled the rally of the past few days. The session witnessed a very rangebound trade and the index made no major headway and ended the day on a flat note, gaining 2.35 points or 0.02 per cent.

The Wednesday’s session is likely to see a quiet opening to the trade and we expect the Nifty to remain in a range and not achieve any major meaningful upmove. Expect a rangebound consolidation to continue and even few minor corrective moves on lower volumes should not surprise us.

PREVIOUS DAY ACTIVITY

   
 For the day the nifty closed at 11,442.60 up with +0.47% percent or +53.15 point.Nikkei 225 is trading at 22,644.31  with a loss of -0.081% percent or -18.43 point. Hong Kong’s Hang Seng is trading at 28,359.14 up with +0.39% percent or +110.26 point. 

WORLD MARKETS

For the day the Dow is trading at 25,628.91 up with +0.50% percent or +126.73 point. The S&P 500 is trading at 2,858.45 up with +0.28% percent or +8.05 point. The Nasdaq Composite is trading at 7,883.66 up with +0.31% percent or +23.99 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,644.31  with a loss of -0.081% percent or -18.43 point. Hong Kong’s Hang Seng is trading at 28,352.65 up with +0.37% percent or  +103.77 point. China’s Shanghai Composite is trading at 2,744.07 with a loss of -1.27% percent or -35.30  point. India’s BSE Sensex is trading at 37,877.02 up with +0.56% percent or +211.22 point at 12:15 PM.