The  Nifty Future is trading at 9,065.75 up with +1.52% percent or +135.45 point. The Nikkei 225 Future is trading at 19,300.00 with a loss of -1.43% percent or -280.00 point.The Hang Seng Future is trading at 24,025.50  with a loss of -0.11% percent or -26.50 point.

TODAY’S FACTORS AND EVENTS

Equity benchmark indices opened on a negative note on account of the sharp decline in global markets amid the start of March quarterly earnings season. Globally, markets turned red as investor sentiments remain fragile amid concerns over the impact of coronavirus outbreak on the domestic as well as the global economy.

The Sensex fell 250 points lower to 30,125 and Nifty dropped 90 points to 8,834.

Sun Pharma was the top gainer on the Sensex, surging 1.7% followed by RIL, Power Grid and HDFC Bank, while Infosys, Tata Steel and Axis Bank were among the top laggards.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 9,021.55 up with 1.08% percent or +96.25 point.Nikkei 225 is trading at 19,290.20  with a loss of –1.33% percent or ?259.89  point. Hong Kong’s Hang Seng is trading at 24,021.70  with a loss of –0.51% percent or –123.64 point. 

WORLD MARKETS

For the day the Dow is trading at 23,504.35 with a loss of –1.86% percent or –445.41 point. The S&P 500 is trading at 2,783.36  with a loss of –2.20% percent or –62.70  point. The Nasdaq Composite is trading at 8,393.18  with a loss of –1.44% percent or –122.56 point.

In other parts of world, Japan’s Nikkei 225 is trading at 19,290.20 with a loss of –1.33% percent or –259.89 point. Hong Kong’s Hang Seng is trading at 24,019.75 with a loss of –0.52% percent or –125.59  point. China’s Shanghai  Composite is trading at 2,819.08 up with +0.28% percent or +7.91 point. India’s BSE Sensex is trading at 30,649.17 up with +0.89% percent or +269.36  point at 12:15 PM.