Nifty Futures Opening Update as on 01 March 2021

The  Nifty Future is trading at 14,744.00 up with +1.23% percent or +178.75 point. The Nikkei 225 Future is trading at 29,590.00 up with +1.20% percent or +350.00 point.The Hang Seng Future is trading at 29,254.50 up with +0.94% percent or +273.50 point.

TODAY’S FACTORS AND EVENTS
Aided by a sustained recovery in demand for entry-level cars, hatchbacks and utility vehicles, Maruti Suzuki India Ltd on Monday reported a 9.9% year-on-year (y-o-y) growth in domestic wholesale to 147,483 units in February. The automaker also replenished inventory at dealerships after improved sales during the October to December period.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 14,691.40 up with +1.12% percent or +162.25 point.Nikkei 225 is trading at 29,663.50 up with +2.41% percent or  +697.49 point. Hong Kong’s Hang Seng is trading at 29,407.71 up with 1.48% percent or +427.50 point.
WORLD MARKETS

For the day the Dow is trading at 30,932.37 with a loss of –1.50% percent or  –469.64 point. The S&P 500 is trading at 3,811.15 with a loss of –0.48% percent or  –18.19 point. The Nasdaq Composite is trading at 13,192.35 up with +0.56% percent or  +72.92 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 29,654.04 up with +2.38% percent or +688.03 point. Hong Kong’s Hang Seng is trading at 29,376.66 up with +1.37% percent or +396.45 point. China’s Shanghai  Composite is trading at 3,541.15 up with +0.91% percent or +32.07 point. India’s BSE Sensex is trading at 49,754.86 up with  +1.33% percent or +654.87 point at 12:15 PM.