SGX Nifty Futures Opening Update as on 04 October 2018

The SGX Nifty Future is trading at 10,622.00 with  a loss of -2.34% percent or -254.50 point. The Nikkei 225 Future is trading at 23,910.00 with a loss of -0.90% percent or -217.00 point . The Hang Seng Future is trading at 26,563.50 with  a loss of -1.82% percent or -493.50 point.

TODAY’S FACTORS AND EVENTS

Domestic equity markets are likely to open in the red on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.

At 8:30 am, the SGX Nifty was 136.50 points, or 1.25 per cent, down at 10,746.50.

spoke to various experts and here’s what they have to recommend for today’s trade:

hriram Transport Finance Company is a ‘Sell’ call with a target price of Rs 1,065 and a stop loss of Rs 1,100.

Jubilant Foodworks is a ‘Sell’ call with a target price of Rs 1,180 and a stop loss of Rs 1,205

PREVIOUS DAY ACTIVITY
   
 For the day the SGX Nifty closed at 10,623.00 with a loss of -2.39% percent or -260.00 point.Nikkei 225 is trading at 23,975.62  with a loss of -0.56% percent or -135.34point. Hong Kong’s Hang Seng is trading at 26,608.11  with a loss of -1.78% percent or -483.15 point. 

WORLD MARKETS

For the day the Dow is trading at 26,828.39  up with +0.20% percent or +54.45 point. The S&P 500 is trading at 2,925.51 up with +0.071% percent or +2.08 point. The Nasdaq Composite is trading at 8,025.08  up with +0.32% percent or +25.54 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,975.62  with  a loss of -0.56% percent or -135.34 point. Hong Kong’s Hang Seng is trading at 26,635.39  with  a loss of -1.68% percent or -455.87 point. China’s Shanghai Composite is trading at 2,821.35  up with +1.06% percent or  +29.58 point. India’s BSE Sensex is trading at 35,357.91 with a loss of – 1.72% percent or -70.09 point at 12:15 PM