The Nikkei 225 Future is trading at 20,547.50 with a loss of -0.06% percent or -12.50 point .The NSE Nifty Future is trading at 10,906.80 with a loss of -0.57% percent or -62.95 point. The Hang Seng Future is trading at 26,950.50 with a loss of -1.06% percent or -285.50 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei edged lower on Tuesday, retreating from a one-month high as investors took profits from recent gainers amid concerns about slowing global economic growth.
Panasonic Corp 6752.T fell in the afternoon and ended 2.7 percent lower after sources said that Tesla Inc TSLA.O has signed a preliminary agreement with China’s Tianjin Lishen to supply batteries for its new Shanghai car factory, as it aims to cut its reliance on Panasonic. Nikkei share average .N225 shed 0.5 percent to 20,622.91, after closing at over a one-month high on Monday.
WORLD MARKETS
For the day the Dow is trading at 24,706.35 up with +2.06% percent or +499.19 point. The S&P 500 is trading at 2,670.71 up with +1.32% percent or +34.75 point. The Nasdaq Composite is trading at 7,157.23 up with +1.03% percent or +72.76 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,622.91 with a loss of -0.47% percent or -96.42 point. Hong Kong’s Hang Seng is trading at 26,933.55 with a loss of -0.97% percent or -262.99 point. China’s Shanghai Composite is trading at 2,579.70 with a loss of -1.18% percent or -30.81 point. India’s BSE Sensex is trading at 36,342.71 with a loss of -0.65% percent or -236.25 point at 12:15 PM.