The  Nifty Future is trading at 11,529.00 up with +0.67% percent or +77.05 point. The Nikkei 225 Future is trading at 23,348.00 with a loss of -0.31% percent or -72.00 point.The Hang Seng Future is trading at 24,745.50 up with +0.82% percent or +201.50 point.

TODAY’S FACTORS AND EVENTS

Nifty recovered its losses and managed to close above 20 DMA last week, however, the banking index closed in the red. The market took support from the line of parity standing around 11,200 mark and traded higher and closing above 5-DMA. This signals that short-term bias continues to remain positive.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 11,518.65 up with + percent or +78.60 point.Nikkei 225 is trading at 23,454.89  with a loss of – percent or 104.41 point. Hong Kong’s Hang Seng is trading at 24,732.76 up  with + percent or +92.48 point.

WORLD MARKETS

For the day the Dow is trading at 27,993.33 with + percent or  +327.69 point. The S&P 500 is trading at 3,383.54 up with percent or +42.57 point. The Nasdaq Composite is trading at 11,056.65 up with + percent or  +203.11 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,454.89 with a loss of – percent or –104.41 point. Hong Kong’s Hang Seng is trading at 24,740.62 up with + percent or   +100.34 point. China’s Shanghai  Composite is trading at 3,295.68 up with + percent or +16.87 point. India’s BSE Sensex is trading at 38,876.86 up with + percent or  +120.23 point at 12:15 PM.