The  Nifty Future is trading at 13,578.00 up with +0.67% percent or +90.50 point. The Nikkei 225 Future is trading at 26,527.50 with +0.71% percent or +187.50 point.The Hang Seng Future is trading at 26,289.50 up with +0.60% percent or +158.00 point.

TODAY’S FACTORS AND EVENTS

The rally in the Indian equity market may continue in 2021 also and intermittent corrections should be used as buying opportunities, said brokerage firm ICICI Direct in a note on December 23.

“In 2021, Nifty is expected to remain in a structural bull phase with an upside target of 16,200 that is implied by the three year’s consolidation breakout (12,200-8,000),” the brokerage said.

“Within the bull phase, a normal correction of 15-20 percent cannot be ruled out. However, such a correction should not be construed as negative. Rather it should be capitalised on as an incremental buying opportunity with key support at 11,400,”

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 13,549.00 up with + percent or  +82.70 point.Nikkei 225 is trading at 26,524.79 with +percent or  ++88.40 point. Hong Kong’s Hang Seng is trading at 26,302.22  up with percent or +182.97 point.

WORLD MARKETS

For the day the Dow is trading at 30,015.51 with a loss of –percent or –200.94 point. The S&P 500 is trading at 3,687.26 with a loss of – percent or –7.66 point. The Nasdaq Composite is trading at 12,807.92 up with percent or   +65.40 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 26,524.79 up with +percent or +88.40 point. Hong Kong’s Hang Seng is trading at 26,269.10 up with +percent or +149.85 point. China’s Shanghai  Composite is trading at 3,376.35 up with + percent or +19.56 point. India’s BSE Sensex is trading at 46,239.75 up with +percent or  +233.06 point at 12:15 PM.

.

Rules of Discussion on Nifty Futures

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.
Loading comments …