Nifty Futures Update : 20 Dec 2021

The  Nifty Future is trading at 16,660.20 with a loss of -2.13% or -361.75 point. The Nikkei 225 Future is trading at 27,947.50 with a loss of -1.73% percent or -492.50 point.The Hang Seng Future is trading at 22,848.50 with a loss of -1.63% percent or -379.50 point.

 

 

TODAY’S FACTORS AND EVENTS

Amid a worsening pandemic in the Western world and weakness in global markets, Indian stocks slumped further on Monday. Down 10 per cent from their record highs, both Sensex and Nifty have now entered the correction zone.

Rising inflation, hawkish central banks, exploding Covid cases caused by the Omicron variant, sustained selling by FIIs and slowing growth momentum in the developed economies combined to produce the perfect storm that is spooking the market, said analysts.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 16,614.20 with a loss of -2.18% percent or  -371.00 point.Nikkei 225 is trading at 27,937.81  with a loss of -2.13% percent or -607.87 point. Hong Kong’s Hang Seng is trading at 22,744.86 with a loss of -1.93% or -447.77 point.

 

 

WORLD MARKETS

For the day the Dow is trading at 35,365.44 with a loss of – percent or –532.20 point. The S&P 500 is trading at 4,620.64 with a loss of – percent or –48.03 point. The Nasdaq Composite is trading at 15,169.68 with a loss of –percent or –10.75 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,937.81 with a loss of – percent or –607.87 point. Hong Kong’s Hang Seng is trading at 22,744.86 with a loss of  – ercent or –447.77 point. China’s Shanghai Composite is trading at 3,593.60 with a loss of – percent or –38.76 point. India’s BSE Sensex is trading at 55,771.34 with a loss of – percent or –1,240.40 point at 12:15 PM.