The Nifty Future is trading at 9,346.75 up with +1.21% percent or +111.75 point. The Nikkei 225 Future is trading at 20,552.50 up with +1.53% percent or +310.00 point.The Hang Seng Future is trading at 24,535.50 up with +1.46% percent or +353.00 point.
TODAY’S FACTORS AND EVENTS
The Indian markets at half-time are still trading in the green with gains of 90 points on Nifty amidst bouts of volatility as bears are defending the 9,450 resistance level which happens to be the upper end of the trading range, said Aditya Agarwala, senior technical analyst, YES Securities.
“Auto, media, metal and IT stocks are spearheading the markets higher while banking and NBFC stocks remain under pressure which is dragging the markets lower. Further, if bulls manage to keep the Index above the 9,300 mark, late short covering rally could take it beyond the upper end of the trading range i.e. 9,450,” he said.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,331.32 with 1.91% percent or +455.43 point. The S&P 500 is trading at 2,929.80 up with +1.69%percent or +48.61 point. The Nasdaq Composite is trading at 9,121.32 up with +1.58% percent or +141.66 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,390.66 up with +1.05% percent or +211.57 point. Hong Kong’s Hang Seng is trading at 24,599.67 up with +1.52% percent or +369.50 point. China’s Shanghai Composite is trading at 2,895.51 up with +0.0059% percent or +0.17 point. India’s BSE Sensex is trading at 31,941.20 up with +31,941.20 percent or +281.56 point at 12:15 PM.