The NSE Nifty Future is trading at 11,501.50 with a loss of -1.14% percent or -132.50 point. The Nikkei 225 Future is trading at 22,227.50 with a loss of -1.47% percent or -332.50 point . The Hang Seng Future is trading at 26,578.50 with a loss of -0.96% percent or -248.00 point.
TODAY’S FACTORS AND EVENTS
The Nifty futures may find support around 11,413 and 11,602 on the downside. The Nifty futures may find resistance around 11,740 and 11,947 on the upside. The Nifty futures has closed at middle level of the weekly charts showing indecision and bearishness for the next week. The volumes were more as compared to previous week showing strength in the down move. The Nifty futures has closed above 11,602. If it remains above 11602, then immediately on the up side it will find resistance at 11,740. A close below 11,602 can take the Nifty to lower level around 11,413.
For the day the Dow is trading at 25,916.54 with a loss of -0.31% percent or -79.33 point. The S&P 500 is trading at 2,871.68 with a loss of -0.22% percent or -6.37 point. The Nasdaq Composite is trading at 7,902.54 with a loss of -0.25% percent or -20.18 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,373.09 up with +0.30% percent or +66.03 point. Hong Kong’s Hang Seng is trading at 26,532.81 with a loss of -1.63% percent or -440.66 point. China’s Shanghai Composite is trading at 2,669.48 with a loss of -1.21% percent or -32.82 point. India’s BSE Sensex is trading at 38,017.91 with a loss of -0.97% percent or -371.91 point at 12:15 PM.