The  Nifty Future is trading at 9,167.75 up with +1.19% percent or +107.75 point. The Nikkei 225 Future is trading at 19,675.00 up with +1.29% percent or +250.00 point.The Hang Seng Future is trading at 24,349.50  with +1.86% percent or +443.50 point.

TODAY’S FACTORS AND EVENTS

Wipro (WPRO) commentary in the the fourth quarter of FY20 results indicates a tough near-term operative environment post-COVID-19 with cut-back in discretionary spend, restructuring of existing contracts + demands for rate-card cuts/relaxed credit terms coming faster – and higher – than our earlier expectations.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 9,149.55 up with +1.74% percent or +156.75 point.Nikkei 225 is trading at 19,897.26  up with +3.15% percent or +607.06  point. Hong Kong’s Hang Seng is trading at 24,345.66  with +1.41%percent or +339.21 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.