The Nifty Future is trading at 9,287.25 up with +1.08% percent or +98.95 point. The Nikkei 225 Future is trading at 19,390.00 up with +1.95% percent or +370.00 point.The Hang Seng Future is trading at 23,951.50 with +0.35% percent or +82.50 point.
TODAY’S FACTORS AND EVENTS
Nifty futures on the Singapore Exchange traded 27 points or 0.11 per cent lower at 9,178.25, indicating a flat start for Dalal Street.
Tech view: Nifty forms bullish candle
On the hourly chart, the index has retraced 61.8 per cent of the recent fall, which is near 9,200 level. Wednesday’s bounce was descent enough to give way to the next leg down. The 9,230 and 9,300 levels will be the subsequent hurdles on the upside.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 23,475.82 with +1.99% percent or +456.94 point. The S&P 500 is trading at 2,799.31 up with +2.29% percent or +62.75 point. The Nasdaq Composite is trading at 8,495.38 up with 2.81% percent or +232.15 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,429.44 up with +1.52%percent or +291.49 point. Hong Kong’s Hang Seng is trading at 24,015.41 with +0.51% percent or +122.05 point. China’s Shanghai Composite is trading at 2,838.50 with a loss of –0.19% percent or –5.48 point. India’s BSE Sensex is trading at 31,763.29 up with +1.22% percent or +383.74 point at 12:15 PM.