Nifty Futures Update : 13 March 2023
The Nifty Future is trading at 17,417.5 with -0.18% or -32.0 point. The Nikkei 225 Future is trading at 27,470.0 with -0.16% percent or -43.0 point.The Hang Seng Future is trading at 19,733.0 with +2.12% percent or +410.0 point.
TODAY’S FACTORS AND EVENTS
Investors feared for the health of US banks after the failure of SVB and this will continue to have an effect on Indian banking stocks as well. The US jobs report data had eased some concerns that the Fed could raise rates steeply at its March meeting after hawkish remarks from Fed Chair Powell this week.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 17,441.80 with 0.17% percent or +28.90 point.Nikkei 225 is trading at 27,719.75 with 1.51% percent or ?424.22 point. Hong Kong’s Hang Seng is trading at 19,708.57 with 2.01% or +388.65 point.
For the day the Dow is trading at 31,909.64 with 1.07% percent or ?345.22 point. The S&P 500 is trading at 3,861.59 with 1.45% percent or ?56.73 point. The Nasdaq Composite is trading at 11,138.89 with a loss of –1.76% percent or ??199.47 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,720.48 with 1.50% percent or ?423.49 point. Hong Kong’s Hang Seng is trading at 19,693.30 with 1.93% ercent or +373.38 point. China’s Shanghai Composite is trading at 3,254.38 with 0.75% percent or +24.31 point. India’s BSE Sensex is trading at 59,168.72 up with 0.057% percent or +33.59 point at 12:15 PM.