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 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.