The Nifty Future is trading at 14,572.00 with a loss of -0.60% percent or -88.35 point. The Nikkei 225 Future is trading at 28,948.00 with +0.36% percent or +103.00 point.The Hang Seng Future is trading at 28,117.00 with a loss of -1.13% percent or -322.00 point.
TODAY’S FACTORS AND EVENTS
Interactions with leading channel partners indicate sharp decline in month-on-month retails led by regional lockdowns, supply challenges for few OEMs and lower footfalls (down 45-50 percent) in key festive/ marriage season. Unlike last year, this time rural sales are also impacted as retails and urban are expected to decline 40- 42 percent and 60-62 percent MoM respectively. Consequently, we expect wholesale for the month of April’21 to decline 15-20 percent MoM across segments,” said Prabhudas Lilladher.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 14,541.85 with a loss of – percent or –89.25 point.Nikkei 225 is trading at 28,812.63 with a loss of –percent or –241.34 point. Hong Kong’s Hang Seng is trading at 28,290.29 with a loss of –percent or –434.59 point.
For the day the Dow is trading at 33,874.85 with a loss of –percent or ?185.51 point. The S&P 500 is trading at 4,181.17 with a loss of – percent or –30.30 point. The Nasdaq Composite is trading at 13,962.68 with a loss of – percent or ?119.86 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,812.63 with a loss of – percent or –241.34 point. Hong Kong’s Hang Seng is trading at 28,268.93 with a loss of – percent or ?455.95 point. China’s Shanghai Composite is trading at 3,446.86 with a loss of – percent or –28.04 point. India’s BSE Sensex is trading at 48,424.65 with a loss of – percent or –357.71 point at 12:15 PM.