SGX Nifty Futures Opening Update as on 08 April 2019

The SGX Nifty Future is trading at 11,658.50 with a loss of -0.97% percent or -114.50 point. The Nikkei 225 Future is trading at 21,780.00 up with +0.05% percent or +10.00 point.The Hang Seng Future is trading at 30,108.50 up with +0.35% percent or +105.50 point.

TODAY’S FACTORS AND EVENTS

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

At 8:29 am the SGX Nifty was 4.50 points or 0.04 per cent up at 11,777.50.

Tata Steel is a ‘Buy’ call with a target price of Rs 580 and a stop loss of Rs 535.

Intellect Design is a ‘Buy’ call with a target price of Rs 244 and a stop loss of Rs 218.

PREVIOUS DAY ACTIVITY
 For the day the Sgx Nifty closed at 11,661.50  with a loss of -0.95% percent or -111.50 point.Nikkei 225 is trading at 21,761.65  with a loss of -0.21% percent or -45.85  point. Hong Kong’s Hang Seng is trading at 30,042.38 up with +0.35% percent or +106.06 point.

WORLD MARKETS

For the day the Dow is trading at 26,424.99 up with +0.15% percent or +40.36 point. The S&P 500 is trading at 2,892.74 up with +0.46% percent or +13.35 point. The Nasdaq Composite is trading at 7,938.69  up with +0.59% percent or +46.91 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,761.65  with a loss of -0.21% percent or -45.85 point. Hong Kong’s Hang Seng is trading at 30,052.17 up with +0.39% percent or +115.85 point. China’s Shanghai Composite is trading at 3,242.07  with a loss of -0.14% percent or ?4.50 point. India’s BSE Sensex is trading at 38,779.57   with a loss of  -0.21% percent or -82.66 point at 12:15 PM.