Nifty Futures Update : 25 July 2022

The  Nifty Future is trading at 16,647.7 with a loss of -0.45% or -74.9 point. The Nikkei 225 Future is trading at 27,685.0 with a loss of -0.04% percent or -10.0 point.The Hang Seng Future is trading at 20,420.0 with a loss of  –0.75% percent or -154.0 point.

 

 

TODAY’S FACTORS AND EVENTS

Market action this week will be in response to the results declared after market closure last Friday and in anticipation of the major results expected this week. RIL’s results, though impressive on the telecom and retail front, fell slightly below expectations in the refining space. ICICI Bank’s results are the best in the banking segment. The steller Q1 numbers, increasing credit growth and improving asset quality augur well for the ICICI Bank stock. Infosys’s numbers reflect the industry concerns of pressure on margins but Infy’s higher revenue growth guidance of 14-16 percent indicate the management’s confidence regarding the business prospects.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 16,622.35 with a loss of -0.58% percent or ?97.10  point.Nikkei 225 is trading at 27,698.79  with a loss of -0.77% percent or ?215.87  point. Hong Kong’s Hang Seng is trading at 20,454.69  with a loss of -0.75% or ?154.45  point.

 

 

WORLD MARKETS

For the day the Dow is trading at 31,899.29 with a loss of –0.43% percent or ?137.61 point. The S&P 500 is trading at 3,961.63 with a loss of -0.93% percent or ?37.32  point. The Nasdaq Composite is trading at 11,834.11 up with 1.87% percent or ?225.50 point.

In other parts of world, Japan’s Nikkei 225 is trading at27,702.69 with a loss of –0.76% percent or ?211.97 point. Hong Kong’s Hang Seng is trading at 20,440.15 with a loss of –0.82% ercent or ?168.99 point. China’s Shanghai Composite is trading at 3,246.20 with a loss of –0.73% percent or ?23.78 point. India’s BSE Sensex is trading at 55,675.84 with a loss of –0.71% percent or ?396.39 point at 12:15 PM.