SGX Nifty Futures Opening Update as on 16 January 2019

The SGX Nifty Future is trading at 10,949.00 up with +0.05% percent or +6.00 point. The Nikkei 225 Future is trading at 20,447.00 up with +0.08% percent or +17.00 point . The Hang Seng Future is trading at 26,845.50  up with +0.35% percent or +93.50 point.

TODAY’S FACTORS AND EVENTS

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

BritanniaNSE -0.75 % is a ‘Buy’ call with a target price of Rs 3300 and a stop loss of Rs 3130
RIL is a ‘Buy’ call with a target price of Rs 1145 and a stop loss of Rs 1118.
Cummins is a ‘Buy’ call with a target price of Rs 905 and a stop loss of Rs 860.
PREVIOUS DAY ACTIVITY
   
 For the day the Sgx Nifty closed at 10,941.50  with a loss of -0.01% percent or -1.50 point.Nikkei 225 is trading at 20,442.75  with a loss of -0.55% percent or -112.54 point. Hong Kong’s Hang Seng is trading at 26,825.36 with a loss of -0.018% percent or -4.93 point. 

WORLD MARKETS

For the day the Dow is trading at 24,065.59 up with +0.65% percent or +155.75 point. The S&P 500 is trading at 2,610.30 up with +1.07% percent or +27.69 point. The Nasdaq Composite is trading at +7,023.83 up with +1.71% percent or +117.92 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,442.75 with a loss of -0.55% percent or -112.54 point. Hong Kong’s Hang Seng is trading at 26,860.31  up with +0.11% percent or +30.02 point. China’s Shanghai Composite is trading at 2,570.38 up  with +0.0015% percent or  +0.039 point. India’s BSE Sensex is trading at 36,381.96  up with +0.18% percent or +63.63 point at 12:15 PM.