Nifty Futures Update : 30 March 2022

The  Nifty Future is trading at 17,565.00 with +1.13% or  +196.95 point. The Nikkei 225 Future is trading at 27,932.50 with +0.04% percent or +12.50 point.The Hang Seng Future is trading at 22,210.00 with +1.24% percent or +271.00 point.

 

 

TODAY’S FACTORS AND EVENTS

The initial public offering of Hyderabad-based Hariom Pipe Industries received bids for 35.70 lakh shares against an IPO size of 85 lakh shares, getting subscribed 42 percent on March 30, the first day of bidding.

Retail investors bid for 1.2 times of their quota, while qualified institutional buyers and non-institutional investors are yet to bid.

Up to 30 percent of the issue is for qualified institutional buyers, and up to 35 percent each is reserved for non-institutional and retail investors.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 17,469.20 up with +0.83% percent or +143.90 point.Nikkei 225 is trading at 28,027.25 with a loss of -0.80% percent or ?225.17 point. Hong Kong’s Hang Seng is trading at 22,254.49 up with +1.49% or +326.86 point.

 

 

WORLD MARKETS

For the day the Dow is trading at 35,294.19 up with +0.97% percent or +338.30 point. The S&P 500 is trading at 4,631.60 with 1.23% percent or +56.08  point. The Nasdaq Composite is trading at 14,619.64 up with 1.84% percent or +264.73   point.

In other parts of world, Japan’s Nikkei 225 is trading at 28,027.25 up with +0.80% percent or ?225.17 point. Hong Kong’s Hang Seng is trading at 22,334.69  up with +1.86% ercent or +407.06 point. China’s Shanghai Composite is trading at 3,258.17 up with +1.69% percent or +54.23 point. India’s BSE Sensex is trading at 58,583.05 up with +1.10% percent or +639.40  point at 12:15 PM.