The NSE Nifty Future is trading at 11,979.50 up with +0.24% percent or +29.00 point. The Nikkei 225 Future is trading at 21,667.50 up with +0.36% percent or +77.50 point.The Hang Seng Future is trading at 28,903.50 with a loss of -0.08% percent or -22.50 point.
TODAY’S FACTORS AND EVENTS
The Nifty50 consolidated in a narrow trading band between 11,888 and 11,950 levels for the most part Wednesday’s session.
The index formed a small-bodied candle with a long lower shadow on the daily scale, as buying interest emerged at lower levels and supports shifted slightly higher to indicate an overall positive to rangebound bias. Now, the index has to hold above 11,850 to witness a bounce towards 12,000 and then 12,040 levels. Supports are shifting higher at 11,820 then 11,777 level.
For the day the Dow is trading at 26,966.00 up with +0.93% percent or +248.57 point. The S&P 500 is trading at 2,995.82 up with +0.77% percent or +22.81 point. The Nasdaq Composite is trading at 8,170.23 up with +0.75% percent or +61.14 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,702.45 up with +0.30% percent or +64.29 point. Hong Kong’s Hang Seng is trading at 28,829.84 with a loss of -0.088%percent or -25.30 point. China’s Shanghai Composite is trading at 3,003.24 with a loss of -0.40% percent or -12.02 point. India’s BSE Sensex is trading at 39,918.06 up with +0.20% percent or +81.89 point at 12:15 PM.