Nifty Futures Update : 23 Sept 2021

The  Nifty Future is trading at 17,774.80 up with +0.19% or +207.80 point. The Nikkei 225 Future is trading at 30,013.00 with +0.77% percent or +228.00 point.The Hang Seng Future is trading at 24,480.50 up with +1.51% percent or +363.50 point.

 

TODAY’S FACTORS AND EVENTS

Nifty hit a low of 7,511 in March 2020 amid the global sell-off aided by the coronavirus pandemic. Earlier this month, Nifty scaled 17,792, translating to a 136% rally from March 2020 lows. During this rally, the index has outperformed emerging markets benchmarks 19ppt/22ppt/33ppt on a 90 day/180 day/365-day basis. “Our long term daily rolling analysis suggests that such periods of O-PF are unlikely to significantly extend beyond the current levels,” Jefferies said. Analysts added that such periods of outperformance, are usually followed by Indi

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 17,795.00 up with percent or +248.35 point.Nikkei 225 is trading at 29,639.40 with  a loss of – percent or ?200.31 point. Hong Kong’s Hang Seng is trading at 24,510.98 up with + or +289.44 point.

 

WORLD MARKETS

For the day the Dow is trading at 33,919.84 with a loss of –percent or ?50.63 point. The S&P 500 is trading at 4,354.19  with a loss of – percent or –3.54 point. The Nasdaq Composite is trading at 14,746.40 up with percent or +32.49 point.

 

In other parts of world, Japan’s Nikkei 225 is trading at 29,639.40 with a loss of  – percent or –200.31 point. Hong Kong’s Hang Seng is trading at 24,510.98 up with ercent or +289.44 point. China’s Shanghai Composite is trading at 3,642.22 up  with +percent or +13.73 point. India’s BSE Sensex is trading at 59,820.73 with percent or +897.99 point at 12:15 PM.