The NSE Nifty Future is trading at 11,601.50 up with +0.47% percent or +54.80 point. The Nikkei 225 Future is trading at 22,400.00 with a loss of -0.71% percent or -160.00 point . The Hang Seng Future is trading at 26,906.00 with a loss of -0.28% percent or -76.00 point.
TODAY’S FACTORS AND EVENTS
The Nifty50 snapped a three-day losing streak on Today and ended 60 points higher. In the process, the broader index reversed the formation of lower highs and lower lows of last two days and formed a Hammer pattern on the daily chart for the second straight session. It indicates supportive buying at lower levels, said derivatives analyst Chandan Taparia of Motilal Oswal Securities.
For the day the Dow is trading at 25,995.87 up with +0.080% percent or +20.88 point. The S&P 500 is trading at 2,878.05 with a loss of -0.37% percent or -10.55 point. The Nasdaq Composite is trading at 7,922.73 with a loss of -0.91% percent or -72.45 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,307.06 with a loss of -0.80% percent or -180.88 point. Hong Kong’s Hang Seng is trading at 26,982.63 up with +0.029% percent or +7.81 point. China’s Shanghai Composite is trading at 2,702.30 up with +0.40% percent or +10.71 point. India’s BSE Sensex is trading at 38,260.32 up with +0.046% percent or +17.51 point at 12:15 PM.