Nikkei Futures Opening Update as on 27 May. 2020

The Nikkei 225 Future is trading at 21,503.00 up with +1.05%percent or +223.00 point.The  Nifty Future is trading at 9,129.00 up with +1.05% percent or +95.00 point. The Hang Seng Future is trading at 22,990.50 with a loss of -1.56% percent or -364.50 point.

TODAY’S FACTORS AND EVENTS

“Today’s rally is largely a short-covering move by macro hedge funds. It’s happening not only in Japan but also in the U.S. market,” said Masanari Takada, cross-assets strategist at Nomura Securities.

PREVIOUS DAY ACTIVITY

 For the day Nikkei 225 is trading at 21,419.23 up with +0.70% percent or +148.06 point. the  nifty closed at 9,145.45 up with +1.29%percent or +116.40  point.Hong Kong’s Hang Seng is trading at 23,222.77  with a loss of –0.69% percent or –161.89 point.

WORLD MARKETS

For the day the Dow is trading at 24,995.11  up with +2.17% percent or +529.95 point. The S&P 500 is trading at 2,991.77 up with +1.23% percent or +36.32 point. The Nasdaq Composite is trading at 9,340.22 up with +0.17% percent or +15.63 point.

In other parts of world, Japan’s Nikkei 225 is trading at up 21,419.23 up with +0.70% percent or +148.06 point. Hong Kong’s Hang Seng is trading at 23,154.59  with a loss of –0.98% percent or –230.07 point. China’s Shanghai  Composite is trading at 2,832.76 with a loss of –0.48% percent or –13.79 point. India’s BSE Sensex is trading at 30,857.14 up with +0.81% percent or +0.81%  point at 12:15 PM.