SGX Nifty Futures Opening Update as on 09 January 2019

The SGX Nifty Future is trading at 10,878.50 up with +0.38% percent or +41.00 point. The Nikkei 225 Future is trading at 20,377.50  with a loss of –0.21% percent or -42.50 point . The Hang Seng Future is trading at 26,462.50  with +2.16% percent or +559.50 point.

TODAY’S FACTORS AND EVENTS

Domestic equity market is likely to open higher on Wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

ICICI BankNSE -0.75 % is a ‘Buy’ call with a target price of Rs 400 and a stop loss of Rs 370.

Tata MotorsNSE 0.72 % is a ‘Buy’ call with a target price of Rs 190 and a stop loss of Rs

Canara Bank is a ‘Buy’ call with a target price of Rs 297 and a stop loss of Rs 283.Bata IndiaNSE 0.39 % is a ‘Buy’ call with a target price of Rs 1140 and a stop loss of Rs 1115

PREVIOUS DAY ACTIVITY

   
 For the day the Sgx Nifty closed at 10,878.50 up with +0.38% percent or +41.00 point.Nikkei 225 is trading at 20,427.06  up with +1.10% percent or +223.02 point. Hong Kong’s Hang Seng is trading at 26,462.32 up with +2.27% percent or +586.87 point. 

WORLD MARKETS

For the day the Dow is trading at 23,787.45  up with  +1.09% percent or +256.10 point. The S&P 500 is trading at 2,574.41  up with +0.97% percent or +24.72 point. The Nasdaq Composite is trading at +6,897.00 up with +1.08% percent or +73.53 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,427.06 up with +1.10% percent or +223.02 point. Hong Kong’s Hang Seng is trading at 26,446.32  up with +2.21% percent or +570.87 point. China’s Shanghai Composite is trading at 2,544.34 up with +0.71% percent or  +17.88 point. India’s BSE Sensex is trading at 36,173.73 up with +0.54% percent or +192.80 point at 12:15 PM.