SGX Nifty Futures Opening Update as on 05 September 2018

The SGX Nifty Future is trading at 11,482.00 with a loss of -0.87% percent or  -101.00 point. The Nikkei 225 Future is trading at 22,513.00  with a loss of -0.21% percent or -47.00 point . The Hang Seng Future is trading at 27,168.00  with a loss of -2.56% percent or  -714.00 point.

TODAY’S FACTORS AND EVENTS

Indian equity market may witness a negative opening on Wednesday amid weak gloabl cues. The Singapore Stock Exchange (SGX Nifty) too was indicating a subdued start.

Axis Bank is a ‘Buy’ call with a target price of Rs 655 and a stop loss of Rs 630.

Sun TV Network is a ‘Sell’ call with a target price of Rs 710 and a stop loss of Rs 740.

PREVIOUS DAY ACTIVITY
   
 For the day the SGX nifty closed at 11,413.55 with  a loss of -0.93% percent or -106.75 point.Nikkei 225 is trading at 22,580.83  with a loss of -0.51% percent or -116.07 point. Hong Kong’s Hang Seng is trading at 27,258.17 up with a loss of  -2.56% percent or -715.17 point. 

WORLD MARKETS

For the day the Dow is trading at 25,952.48  with a loss of -0.048% percent or -12.34 point. The S&P 500 is trading at 2,896.72   with a loss of -0.17% percent or -4.80 point. The Nasdaq Composite is trading at 8,091.25  with a loss of -0.23% percent or -18.29 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,580.83 with a loss of -0.51% percent or -116.07 point. Hong Kong’s Hang Seng is trading at 27,267.80  with a loss of  -2.52% percent or  -705.54 point. China’s Shanghai Composite is trading at 2,704.34 with a loss of  -1.68% percent or -46.24  point. India’s BSE Sensex is trading at 37,870.01  with a loss of -0.75% percent or  -287.91 point at 12:15 PM.