The Nifty Future is trading at 8,835.00 with a loss of -3.18% percent or -290.00 point. The Nikkei 225 Future is trading at 20,268.00 up with +1.21% percent or +243.00 point.The Hang Seng Future is trading at 23,858.00 up with +1.72% percent or +403.00 point.
TODAY’S FACTORS AND EVENTS
Benchmark indices closed in the red for the third consecutive day as Rs 20 lakh crore stimulus package announced by Finance Minister Nirmala Sitharaman failed to cheer the market.
The Sensex tumbled 1,068.75 points or 3.44 percent at 30028.98, while Nifty was down 313.60 points or 3.43 percent at 8,823.25.
IndusInd Bank was the top loser plummeting over 10 percent. Other losers included Ultra Cement, Axis Bank, HDFC, ICICI Bank, Maruti and Bajaj Finance.
All the sectoral indices ended in losses except IT, with Nifty Bank fell over 6 percent followed by the auto, metal and Infra. BSE Midcap and Smallcap indices fell between 3-4 percent.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 23,685.42 up with +0.25% percent or +60.08 point. The S&P 500 is trading at 2,863.70 up with +0.39% percent or +11.20 point. The Nasdaq Composite is trading at 9,014.56 up with +0.79% percent or +70.84 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,133.73 up with +0.48% percent or +96.26 point. Hong Kong’s Hang Seng is trading at 23,934.77 up with +0.58% percent or +137.30 point. China’s Shanghai Composite is trading at 2,875.42 up with +0.24% percent or +6.96 point. India’s BSE Sensex is trading at 30,021.81 with a loss of –3.46% percent or –1,075.92 point at 12:15 PM.