The Nifty Future is trading at 9,950.30 with a loss of -1.21% percent or -121.50 point. The Nikkei 225 Future is trading at 22,718.00 with a loss of -0.05% percent or -12.00 point.The Hang Seng Future is trading at 24,194.00 with a loss of -0.20% percent or -49.00 point.
TODAY’S FACTORS AND EVENTS
Nifty futures on the Singapore Exchange traded 18.50 points, or 0.18 per cent lower at 10,149.50 in signs that Dalal Street was headed for a muted start on Thursday.
Signs of fatigue were all over, as the index came off from the day’s high of 10,176 level and ended up forming a small bearish candle on the daily chart — the first time in six sessions. The index is trading above all of short-term moving averages and is nearing the overbought zone as suggested by the 14-day RSI of 67. Analysts said a profit-booking move looks due.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,269.89 up with +2.05% percent or +527.24 point. The S&P 500 is trading at 3,122.87 up with 1.36% percent or +42.05 point. The Nasdaq Composite is trading at 9,682.91 up with +0.78% percent or +74.54 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 22,695.74 up with +0.36% percent or +81.98 point. Hong Kong’s Hang Seng is trading at 24,254.59 with a loss of –0.29% percent or –71.03 point. China’s Shanghai Composite is trading at 2,919.25 with a loss of –0.14% percent or –4.12 point. India’s BSE Sensex is trading at 33,758.76 with a loss of -1.03% percent or –350.78 point at 12:15 PM.