SGX Nifty Futures Opening Update as on 24 January 2019

The SGX Nifty Future is trading at 10,882.50 up with +0.38% percent or +41.50 point. The Nikkei 225 Future is trading at 20,577.00  up with +0.08% percent or +17.00 point . The Hang Seng Future is trading at 27,095.00 up with +0.41% percent or +110.00 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.

Granules India is a ‘Buy’ call with a target price of Rs 100 and a stop loss of Rs 89.

Mphasis is a ‘Buy’ call with a target price of Rs 950 and a stop loss of Rs 875.

Indiabulls Housing is a ‘Sell’ call with a target price of Rs 766 and a stop loss of Rs 790.

PREVIOUS DAY ACTIVITY
   
 For the day the nifty closed at 10,875.00 up with +0.31% percent or +34.00 point.Nikkei 225 is trading at 20,574.63  with a loss of -0.093% percent or -19.09 point. Hong Kong’s Hang Seng is trading at 27,120.98  with +0.42% percent or +112.78 point. 

WORLD MARKETS

For the day the Dow is trading at 24,575.62 up with +0.70% percent or +171.14 point. The S&P 500 is trading at 2,638.70 up with +0.22% percent or +5.80 point. The Nasdaq Composite is trading at 7,025.77 up with +0.077% percent or +5.41 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,574.63 with a loss of -0.093% percent or -19.09 point. Hong Kong’s Hang Seng is trading at 27,120.98  up with +0.42% percent or +112.78 point. China’s Shanghai Composite is trading at 2,591.69  up with +0.41% percent or +10.69 point. India’s BSE Sensex is trading at 36,058.87   with a loss of -0.14% percent or -49.60 point at 12:15 PM.