The NSE Nifty Future is trading at 11,639.50 up with +1.12% percent or +128.80 point. The Nikkei 225 Future is trading at 21,378.00 up with +1.08% percent or +228.00 point.The Hang Seng Future is trading at 28,810.00 up with +0.95% percent or +270.00 point.

TODAY’S FACTORS AND EVENTS

There are 43 Asset Management Companies in India. And they offer more than 2,000 mutual fund schemes, and manages assets (AUM) worth of above Rs 25 lakh. Mutual funds in India have been growing at more than 10% annually. Yet the needs of the country’s second largest faith-believers of Islam with a population of 172 million are not being addressed nor are efforts made to include them in the financial system.

PREVIOUS DAY ACTIVITY
   
 For the day the nifty closed at 11,524.95 up with +0.36% percent or +41.70 point.Nikkei 225 is trading at 21,378.73  with a loss of -0.23% percent or -49.66 point. Hong Kong’s Hang Seng is trading at 28,774.65 up with +0.73% percent or +207.74 point. 

WORLD MARKETS

For the day the Dow is trading at 25,657.73  up with +0.55% percent or +140.90 point. The S&P 500 is trading at 2,818.46 up with +0.72% percent or +20.10 point. The Nasdaq Composite is trading at 7,691.52 up with +0.71% percent or +53.98 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,378.73 with a loss of -0.23% percent or -49.66 point. Hong Kong’s Hang Seng is trading at 28,732.72 up with +0.58% percent or +165.81  point. China’s Shanghai Composite is trading at 3,022.72 up with +0.85% percent or +25.62 point. India’s BSE Sensex is trading at 38,445.07  up with +0.55% percent or +211.66 point at 12:15 PM.

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