Nifty Futures Update : 30 Dec 2021
The Nifty Future is trading at 17,285.80 with +0.41% or +69.85 point. The Nikkei 225 Future is trading at 28,855.00 with +0.09% percent or +25.00 point.The Hang Seng Future is trading at 23,007.50 with a loss of –0.25% percent or -58.50 point.
TODAY’S FACTORS AND EVENTS
Market veteran Prashant Jain says growth outlook for earnings and economy have improved and that the market at 18 times FY22 earnings per share is fairly valued. He said that while investors should remain optimistic, they need to moderate their expectations from equity markets a bit.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 17,231.65 up with +0.10% percent or +18.05 point.Nikkei 225 is trading at 28,791.71 with a loss of -0.40% percent or -115.17 point. Hong Kong’s Hang Seng is trading at 23,039.66 with a loss of -0.20% or ?46.88 point.
For the day the Dow is trading at 36,488.63 up with +0.25% percent or +90.42 point. The S&P 500 is trading at 4,793.06 up with +0.14% percent or +6.71 point. The Nasdaq Composite is trading at 15,766.22 with a loss of –0.098% percent or ?15.51 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,823.14 with a loss of –0.29% percent or –83.74 point. Hong Kong’s Hang Seng is trading at 23,134.76 up with +0.21% ercent or +0.21% point. China’s Shanghai Composite is trading at 3,623.74 up with 0.74% percent or +26.74 point. India’s BSE Sensex is trading at 57,969.88 up with +0.28% percent or +163.39 point at 12:15 PM.