Nifty Futures Update : 27 Sept 2022

The  Nifty Future is trading at 17,046.9 up with +0.11% or +18.2 point. The Nikkei 225 Future is trading at 26,347.5 with +0.07% percent or +17.5 point.The Hang Seng Future is trading at 17,745.0 with a loss of –0.72% percent or -128.0 point.

 

 

TODAY’S FACTORS AND EVENTS

Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 were trading in red on Thursday, a day of weekly F&O expiry. US Federal Reserve officials raised interest rates by 75 bps for the third consecutive time. The decision, which was unanimous, takes the target range for the benchmark federal funds rate to 3% to 3.25%, the highest level since before the 2008 financial crisis, and up from near zero at the start of this year. BSE Sensex was down 235 points or 0.4 per cent at 59221, while NSE Nifty was down 54 points or 0.3 per cent to 17664. ITC, Bajaj Finance, IndusInd Bank, NTPC, Kotak Mahindra Bank, Axis Bank, Nestle India, and Tata Steel were top Sensex gainers. Housing Development Finance Corporation (HDFC), Wipro, Tech Mahindra, Tech Mahindra, Dr Reddy’s, HCL Tech, Sun Pharma were Sensex losers.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 17,051.75 up with +0.21%  percent or +35.45 point.Nikkei 225 is trading at 26,558.39 up with +0.48% percent or  +126.84  point. Hong Kong’s Hang Seng is trading at 17,689.27 with a loss of -0.93% or ??165.87 point.

 

WORLD MARKETS

For the day the Dow is trading at 29,260.81  with a loss of –1.11% percent or ?329.60 point. The S&P 500 is trading at 3,655.04 with a loss of –1.03% percent or ?38.19 point. The Nasdaq Composite is trading at 10,802.92 with a loss of –0.60%  percent or ?65.00  point.

In other parts of world, Japan’s Nikkei 225 is trading at 26,558.39 up with +0.48% percent or +126.84  point. Hong Kong’s Hang Seng is trading at 17,689.27 with a loss of – 0.93% ercent or ?165.87 point. China’s Shanghai Composite is trading at 3,066.66 up with +0.51% percent or +15.43 point. India’s BSE Sensex is trading at 57,196.58 up with 0.090% percent or +51.36  point at 12:15 PM.