The Nikkei 225 Future is trading at 20,737.50 with a loss of -0.16% percent or -32.50 point .The NSE Nifty Future is trading at 25,349.00 with a loss of -0.46% percent or -118.00 point. The Hang Seng Future is trading at 28,192.50 with a loss of -1.85% percent or -530.50 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei closed at a three-week low on Friday as downbeat views on European growth and poor China February export data sharply reduced risk appetites.
The Nikkei share average .N225 ended 2 percent down at 21,025.56, the lowest closing level since Feb. 15. It was the biggest one-day percentage fall since Feb. 8.
The index, which fell for a fourth day, declined 2.7 percent this week, the largest weekly drop since mid-December.
The broader Topix .TOPX dropped 1.8 percent to 1,572.44. Declining issues outnumbered advancing ones 2,003 to 107.
All of the Topix’s 33 subsectors were in the red, with cyclical stocks such as shippers and machinery firms the leading losers
WORLD MARKETS
For the day the Dow is trading at 25,473.23 with a loss of -0.78% percent or -200.23 point. The S&P 500 is trading at 2,748.93 with a loss of -0.81% percent or -22.52 point. The Nasdaq Composite is trading at 7,421.46 with a loss of -1.13% percent or -84.46 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,025.56 with a loss of -2.01% percent or -430.45 point. Hong Kong’s Hang Seng is trading at 28,280.93 with a loss of -1.73% percent or -498.52 point. China’s Shanghai Composite is trading at 2,978.24 with a loss of -4.13% percent or -128.18 point. India’s BSE Sensex is trading at 36,708.7 with a loss of -0.045% percent or -16.66 point at 12:15 PM.