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 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.