The Nifty Future is trading at 9,071.75 up with +0.34% percent or +30.75 point. The Nikkei 225 Future is trading at 20,908.00 up with +1.64% percent or +338.00 point.The Hang Seng Future is trading at 22,686.00 up with +0.84% percent or +188.00 point.
TODAY’S FACTORS AND EVENTS
Outstanding positions in Nifty futures in the May series are at the lowest level in a decade as traders remain uncertain about the market direction after the recent rebound.
Open interest or outstanding positions in the Nifty May series fell 0.4 per cent on Tuesday to 73.93 lakh units. Nifty futures open interest on the April contracts expiry day stood at 96.1lakh units. Usually, open interest is above 1 crore shares, said analysts.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,465.16 with a loss of -0.037% percent or -8.96 point. The S&P 500 is trading at 2,955.45 up with +0.24% percent or +6.94 point. The Nasdaq Composite is trading at 9,324.59 up with +0.43% percent or +39.71 point.
In other parts of world, Japan’s Nikkei 225 is trading at up 20,741.65 up with +1.73% percent or +353.49 point. Hong Kong’s Hang Seng is trading at 22,907.95 with a loss of –0.097% percent or –10.91 point. China’s Shanghai Composite is trading at 2,817.97 up with +0.15% percent or +4.20 point. India’s BSE Sensex is trading at 30,672.59 with a loss of –0.84% percent or –260.31 point at 12:15 PM.