Nifty Futures Update : 10 Sept 2021

The  Nifty Future is trading at 17,401.20 up with +0.21% or +36.90point. The Nikkei 225 Future is trading at 30,138.00 with +0.49% percent or +148.00 point.The Hang Seng Future is trading at 26,062.50 up with +1.62% percent or +416.50 point.

 

TODAY’S FACTORS AND EVENTS

For the last six weeks, the Nifty has been moving higher and testing fresh lifetime highs.

The Nifty Midcap and Smallcap indices have been outperforming the benchmark index for the past couple of sessions.

Nifty seems to be riding the upper Bollinger bands for the past couple of weeks, and it has been successfully breaching the previous weeks’ highs. So, a simple bar chart analysis tells us that the index is in a strong bullish phase.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 17,369.25  up with + percent or +15.75 point.Nikkei 225 is trading at 30,381.84 up with + percent or +373.65 point. Hong Kong’s Hang Seng is trading at 26,073.63 up with or +357.63 point.

 

WORLD MARKETS

For the day the Dow is trading at 34,879.38 with a loss of –percent or ?151.69 point. The S&P 500 is trading at 4,493.28 with a loss of – percent or –20.79 point. The Nasdaq Composite is trading at 15,248.25 with a loss of –percent or –38.38 point.

In other parts of world, Japan’s Nikkei 225 is trading at 30,308.12 up with + percent or +297.77 point. Hong Kong’s Hang Seng is trading at 26,137.56 up with  +ercent or  +421.56 point. China’s Shanghai Composite is trading at 3,716.51 up with +percent or +21.69 point. India’s BSE Sensex is trading at 58,305.07 up with + percent or +12.14 point at 12:15 PM.