The  Nifty Future is trading at 11,605.20 with a loss of -0.56% percent or -64.95 point. The Nikkei 225 Future is trading at 23,008.00 with a loss of -0.89% percent or -207.00 point.The Hang Seng Future is trading at 24,154.50 with a loss of -1.64% percent or -401.50 point.

TODAY’S FACTORS AND EVENTS

Foreign institutional investors (FIIs) have turned net sellers of index futures — Nifty and Bank Nifty — for the first time since September 24. Their stance suggests caution and probability of a deeper correction, said analysts.

On October 28, they were cumulatively net short 9393 contracts. This year itself , they’ve held cumulative net short positions of 45470 contracts (May 18), 35,904 (June 29) and a whopping 173,133 on March 6, preceding the collapse of Nifty to 7511.1 on March 24.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 11,634.30 with a loss of – percent or36.50 point.Nikkei 225 is trading at 22,977.13 with a loss of –percent or354.81 point. Hong Kong’s Hang Seng is trading at 24,107.42 with a loss of – percent or479.18 point.

WORLD MARKETS

For the day the Dow is trading at 26,519.95 with a loss of –percent or  -943.24 point. The S&P 500 is trading at 3,271.03 with a loss of – percent or  -119.65 point. The Nasdaq Composite is trading at 11,004.87 with a loss of – percent or  -426.48 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,331.94 with a loss of –percent or 86.57 point. Hong Kong’s Hang Seng is trading at 24,613.67  with a loss of –percent or ?95.13 point. China’s Shanghai  Composite is trading at 3,281.78up with + percent or +12.54 point. India’s BSE Sensex is trading at 39,963.55 up with +percent or +41.09point at 12:15 PM.

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