The NSE Nifty Future is trading at 10,525.00 up with +0.19% percent or +20.00 point. The Nikkei 225 Future is trading at 21,747.50 with a loss of -0.14% percent or -30.50 point . The Hang Seng Future is trading at 25,626.00 up with +1.55% percent or +372.00 point.
TODAY’S FACTORS AND EVENTS
Domestic benchmark indices opened on a weak note on Tuesday, tracking up to 3 per cent slide in other Asian markets.
Global sentiment took a big hit after technology stocks-led rout in US markets overnight. That said weakness in crude oil prices and a resultant appreciation in the rupee capped downside. Positive economic data on factory output and retail inflation too helped investors to keep their calm.
The index has been consolidating in 10,450-10,650 range for the last six sessions. It would now be critical for Nifty to hold the 10,450 level, else a breakdown could drag it towards the next major support at 10,333 level, said Chandan Taparia of Motilal Oswal Securities
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,387.18 with a loss of -2.32% percent or -602.12 point. The S&P 500 is trading at 2,726.22 with a loss of -1.97% percent or -1.97% point. The Nasdaq Composite is trading at 7,200.87 with a loss of -2.78% percent or -206.03 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,810.52 with a loss of -2.06% percent or -459.36 point. Hong Kong’s Hang Seng is trading at 25,595.50 with a loss of -0.15% percent or -37.68 point. China’s Shanghai Composite is trading at 2,654.88 up with +0.93% percent or +24.36 point. India’s BSE Sensex is trading at 34,863.48 up with +0.15% percent or +50.49 point at 12:15 PM.