Nifty Futures Update : 20 Feb 2023
The Nifty Future is trading at 18,037.8 with +0.47% or +83.7 point. The Nikkei 225 Future is trading at 27,498.0 with +0.03% percent or +8.0 point.The Hang Seng Future is trading at 20,887.5 with +1.84% percent or -+376.5 point.
TODAY’S FACTORS AND EVENTS
Inflation figures remain a concern among investors. If inflation proves stickier than expected, it could push the Fed to get even more aggressive on rate hikes and push the economy into recession. The stock market remains hopeful among investors that the economy can avoid a worst-case recession.
PREVIOUS DAY ACTIVITY
The Union Cabinet in October 2020 approved the demerger of the plant from NMDC and the sale of the Centre’s entire stake to a strategic buyer. The proceeds from selling the government stake will accrue to the exchequer
WORLD MARKETS
For the day the Dow is trading at 33,826.69 with 0.39% percent or +129.84 point. The S&P 500 is trading at 4,079.09 with 0.28% percent or ?11.32 point. The Nasdaq Composite is trading at 11,787.27 with 0.58% percent or ?68.56 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,512.32 with 0.0029% percent or ?0.81 point. Hong Kong’s Hang Seng is trading at 20,872.90 with 0.74% ercent or +153.09 point. China’s Shanghai Composite is trading at 3,276.75 with 1.64% percent or +52.73 point. India’s BSE Sensex is trading at 61,130.98 up with 0.21% percent or +128.41 point at 12:15 PM.