Nikkei Futures Opening Update as on 16 October 2018

The Nikkei 225 Future is trading at 22,445.00  up with +1.15% percent or +255.00 point .The NSE Nifty Future is trading at 10,540.80 up with +0.20%percent or +0.52% point. The Hang Seng Future is trading at  25,365.00 up with  +0.07% percent or +19.00 point.

TODAY’S FACTORS AND EVENTS

Japan’s Nikkei rebounded on Tuesday supported by short covering in index heavyweights, but retailers fell on worries about domestic personal consumption and slowing demand from China.

The Nikkei share average .N225 ended 1.3 percent higher at 22,549.24, after tumbling 1.8 percent on Monday to close at its lowest level since Aug. 21.

Traders said that Tuesday’s gains were mainly due to a technical rebound, as the Nikkei was trading 5 percent below its 25-moving average, a sign of an oversold market.

PREVIOUS DAY ACTIVITY
   
 For the day Nikkei 225 is trading at 22,549.24  up with +1.25% percent or +277.94 point.the nifty closed at 10,566.30  up with  +0.50% percent or +53.00 point. Hong Kong’s Hang Seng is trading at 25,382.18  with a loss of -0.25% percent or -62.88 point. 

WORLD MARKETS

For the day the Dow is trading at 25,250.55  with  a loss of -0.35% percent or  -89.44 point. The S&P 500 is trading at 2,750.79 with a loss of  -0.59% percent or -16.34 point. The Nasdaq Composite is trading at 7,430.74 with a loss of -0.88% percent or -66.15 point.

In other parts of world,  Japan’s Nikkei 225 is trading at 22,549.24 up with +1.25% percent or +277.94  point. Hong Kong’s Hang Seng is trading at 25,332.89    with a loss of -0.44% percent or -112.17 point. China’s Shanghai Composite is trading at 2,540.80   with a loss of  -1.06% percent or -27.30 point. India’s BSE Sensex is trading at 35,045.20  up  with +0.52% percent or +180.10  point at 12:15 PM.