The Nifty Future is trading at 9,161.50 up with +0.47% percent or +43.05 point. The Nikkei 225 Future is trading at 16,797.50 up with +0.76% percent or +127.50 point.The Hang Seng Future is trading at 23,019.50 up with +1.30% percent or +295.50 point.
TODAY’S FACTORS AND EVENTS
Nifty futures on the Singapore Exchange traded 364 points or 3.25 per cent lower at 10,865, indicating a gap-down start for Dalal Street.
Tech view: Nifty may consolidate further
Nifty not showing any sustainable upside bounce from the support is not a good sign. “This current ‘sell on rise’ pattern could eventually result in a sharp downside breakout of the support a 11,100 level over time,” said Nagaraj Shetti of HDFC Securities.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 20,188.52 with a loss of –12.93% percent or –2,997.10 point. The S&P 500 is trading at 2,386.13 with a loss of –11.98% percent or –324.89 point. The Nasdaq Composite is trading at 6,904.59 with a loss of –12.32% percent or 970.28 point.
In other parts of world, Japan’s Nikkei 225 is trading at 17,011.53 up with +0.056% percent or +9.49 point. Hong Kong’s Hang Seng is trading at 23,204.68 up with +0.61% percent or +141.11 point. China’s Shanghai Composite is trading at 2,779.64 with a loss of –0.34% percent or ?9.61 point. India’s BSE Sensex is trading at 31,757.08 up with +1.17% percent or +367.01 point at 12:15 PM.