The Nikkei 225 Future is trading at 23,943.00 up with +0.86% percent or +203.00 point .The NSE Nifty Future is trading at 11,083.80 with a loss of -0.12% percent or -13.40 point. The Hang Seng Future is trading at 27,816.00 up with +1.24% percent or +341.00 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei rose for an eighth session in choppy trade on Wednesday as hopes for a U.S. rate hike lifted futures and large-cap stocks such as Fast Retailing and SoftBank, offsetting weakness in high-yielders like automakers trading ex-dividend.
The Nikkei share average .N225 gained 0.4 percent to 24,033.79, extending its rally to an eighth session and the highest closing level since Jan. 23.
The next milestone is the 24,129.34 level hit on Jan. 23, a break of which would put the index at its highest since November 1991.
WORLD MARKETS
For the day the Dow is trading at 26,492.21 with a loss of -0.26% percent or -69.84 point. The S&P 500 is trading at 2,915.56 with a loss of -0.13% percent or -3.81 point. The Nasdaq Composite is trading at 8,007.47 up with +0.18% percent or +14.22 point.
In other parts of world, Japan’s Nikkei 225 is trading at 24,033.79 up with +0.39% percent or +93.53 point. Hong Kong’s Hang Seng is trading at 27,840.95 up with +1.24% percent or +341.56 point. China’s Shanghai Composite is trading at 2,806.81 up with +0.92% percent or +25.67 point. India’s BSE Sensex is trading at 36,542.61 with a loss of -0.30% percent or -109.45 point at 12:15 PM.
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