The  Nifty Future is trading at 14,535.50 with a loss of -1.19% percent or -174.55 point. The Nikkei 225 Future is trading at 27,492.50 with a loss of -2.30% percent or -647.50 point.The Hang Seng Future is trading at 27,705.00  with a loss of  -1.11% percent or -311.00 point.

TODAY’S FACTORS AND EVENTS

After a blowout of US NFP data, the test case on US inflation has come back again and the anxiety is jolting the global risk appetite. Traders are gravitating around the dollar as the market expects US CPI to rise by 3.6% in April, largest increase in almost a decade.

If the inflation figure comes in line with market expectations then bets for a monetary tightening sooner than expected will push the USDINR spot prices even higher. But if it falls short of the forecast, then dollar will continue to remain subdued with a downside pressure on USDINR spot.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 14,696.50 with a loss of – percent or ?154.25 point.Nikkei 225 is trading at 27,448.01 with a loss of – percent or –699.50 point. Hong Kong’s Hang Seng is trading at 27,873.40 with  a loss of –percent or –357.64 point.
WORLD MARKETS

For the day the Dow is trading at 34,777.76 up with +percent or +229.23 point. The S&P 500 is trading at 4,232.60 up with + percent or +30.98 point. The Nasdaq Composite is trading at 13,752.24 up with + percent or +119.39 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 29,512.00 up with + percent or +154.18 point. Hong Kong’s Hang Seng is trading at 28,529.74 with a loss of – percent or ?80.91  point. China’s Shanghai  Composite is trading at 3,411.85 with a loss of – percent or –7.02 point. India’s BSE Sensex is trading at 49,555.98up with percent or +347.47 point at 12:15 PM.