The Nikkei 225 Future is trading at 29,923.00 up with +1.78% percent or +523.00 point.The Nifty Future is trading at 15,027.50 up with +0.50% percent or +74.15 point. The Hang Seng Future is trading at 28,937.00 up with +2.19% percent or +621.00 point.
TODAY’S FACTORS AND EVENTS
The Nikkei share average .N225 ended 1.58% higher at 29,854.00. The broader Topix .TOPX added 0.71% to 1,971.62.
“We are entering a phase where the stock market rallies even as interest rates rise because of strong earnings growth. This stage will eventually lead to an overheated market but we are not there yet,” said Masayuki Kubota, chief strategist at Rakuten Securities.
PREVIOUS DAY ACTIVITY
For the day Nikkei 225 is trading at 29,854.00 up with +1.58% percent or +465.13 point.the nifty closed at 14,867.35 up with +1.20% percent or +176.65 point. Hong Kong’s Hang Seng is trading at 28,938.74 up with +1.97% percent or ++560.39 point.
For the day the Dow is trading at 33,153.21 up with +0.52%percent or +171.66 point. The S&P 500 is trading at 4,019.87 up with +1.18% percent or +46.98 point. The Nasdaq Composite is trading at 13,480.10 up with +1.76% percent or +233.23 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 29,854.00 up with +1.58%percent or ++465.13 point. Hong Kong’s Hang Seng is trading at 28,938.74 up with 1.97% percent or +560.39 point. China’s Shanghai Composite is trading at 3,484.39 up with +0.52% percent or +18.06 point. India’s BSE Sensex is trading at 50,029.83 up with percent or +520.68 point at 12:15 PM.