Nifty Futures Update : 09 Feb 2023
The Nifty Future is trading at 17,911.5 up with +0.01% or +2.3 point. The Nikkei 225 Future is trading at 27,558.0 with +0.50% percent or +138.0 point.The Hang Seng Future is trading at 21,524.0 with +1.72% percent or +364.0 point.
TODAY’S FACTORS AND EVENTS
RBI’s growth & inflation forecasts are substantially ahead of oursHeadline CPI is not seen dropping below 5% for entire FY24 in RBI forecast This has led us to add another 25 bps hike in April in our base case Can’t rule out further hike, if growth-inflation profile moves in-line with RBI forecast
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 17,864.15 with a loss of -0.042% percent or ?7.55 point.Nikkei 225 is trading at 27,579.86 with a loss of -0.096% percent or ?26.60 point. Hong Kong’s Hang Seng is trading at 21,520.0 with +1.70% or +360.0 point.
WORLD MARKETS
For the day the Dow is trading at 33,949.01 up with 0.61% percent or ?207.68 point. The S&P 500 is trading at 4,117.86 with 1.11% percent or ?46.14 point. The Nasdaq Composite is trading at 11,910.52 with 1.68% percent or ??203.27 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,579.86 with 0.096% percent or ?26.60 point. Hong Kong’s Hang Seng is trading at 21,540.54 with 1.21% ercent or ++257.02 point. China’s Shanghai Composite is trading at 3,265.12 with 1.02% percent or +33.02 point. India’s BSE Sensex is trading at 60,685.78 up with 0.036% percent or +21.99 point at 12:15 PM.