SGX Nifty Futures Opening Update as on 17 January 2019

The SGX Nifty Future is trading at 10,886.00 with a loss of -0.34% percent or -37.50 point. The Nikkei 225 Future is trading at 20,287.00  with a loss of -0.31% percent or -63.00 point . The Hang Seng Future is trading at 26,787.50   with a loss of -0.44% percent or -117.50 point.

TODAY’S FACTORS AND EVENTS

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

Union BankNSE 1.07 % is a ‘Buy’ call with a target price of Rs 100 and a stop loss of Rs

ICICI Bank is a ‘Buy’ call with a target price of Rs 385 and a stop loss of Rs 371.

Tata Communications is a ‘Buy’ call with a target price of Rs 540 and a stop loss of Rs 524.

PREVIOUS DAY ACTIVITY
   
 For the day the Sgx Nifty closed at 10,885.00  with a loss of -0.37% percent or -40.00 point.Nikkei 225 is trading at 20,402.27  with a loss of -0.20% percent or -40.48 point. Hong Kong’s Hang Seng is trading at 26,768.24 with a loss of -0.50% percent or -133.86 point. 

WORLD MARKETS

For the day the Dow is trading at 24,207.16 up with +0.59% percent or +141.57 point. The S&P 500 is trading at 2,616.10 up with +0.22% percent or +5.80 point. The Nasdaq Composite is trading at +7,034.69 up with +0.15% percent or +10.86 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,402.27 with a loss of -0.20% percent or -40.48 point. Hong Kong’s Hang Seng is trading at 26,799.15  with a loss of -0.38% percent or -102.95 point. China’s Shanghai Composite is trading at 2,559.64  with a loss of -0.42% percent or  -10.79 point. India’s BSE Sensex is trading at 36,329.46  up with +0.022% percent or +8.17 point at 12:15 PM.