The  Nifty Future is trading at 11,514.00 with +0.37%percent or +42.35 point. The Nikkei 225 Future is trading at 23,215.00 with a loss of -0.49% percent or -115.00 point.The Hang Seng Future is trading at 25,350.00  with a loss of -0.40% percent or -102.00 point.

TODAY’S FACTORS AND EVENTS

Indian shares gave up most of their early gains on Wednesday, taking cues from broader Asian markets, as they reacted to US data showing consumer confidence in the world’s biggest economy had dropped to a six-year low

Telecom regulator TRAI has issued a show-cause notice to Vodafone Idea over the contentious priority plan, saying the offer lacks transparency, is misleading and not in compliance with regulatory principles.

In a notice seen by PTI, the regulator has asked Vodafone Idea to “show cause” by August 31, “as to why appropriate action should not be initiated against it for violating the extant regulatory framework by its RedX tariff plan”

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 11,499.10 up with +0.23% percent or +26.85 point.Nikkei 225 is trading at 23,290.86 with a loss of –0.025% percent or -5.91   point. Hong Kong’s Hang Seng is trading at 25,491.79 up with 0.022% percent or +5.57  point.

WORLD MARKETS

For the day the Dow is trading at 28,248.44 with a loss of -0.21% percent or ?60.02 point. The S&P 500 is trading at 3,443.62 up with +0.36% percent or +12.34  point. The Nasdaq Composite is trading at 11,466.47 up with +0.76% percent or +86.75 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,290.86 with a loss of –0.025% percent or –5.91 point. Hong Kong’s Hang Seng is trading at 25,457.87 with a loss of –0.11% percent or –28.35 point. China’s Shanghai  Composite is trading at 3,329.74 with a loss of –1.30% percent or –43.84  point. India’s BSE Sensex is trading at 38,859.34 up with +0.040% percent or +15.46 point at 12:15 PM.