SGX Nifty Futures Opening Update as on 29 May 2019

The SGX Nifty Future is trading at 11,883.00 with a loss of -0.39% percent or -46.00 point. The Nikkei 225 Future is trading at 20,913.00 with a loss of -0.18% percent or -37.00 point.The Hang Seng Future is trading at 27,097.50   with a loss of -0.89% percent or -242.50 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

Coal India is a ‘Buy’ call with a target price of Rs 260 and a stop loss of Rs 245.

Kajaria Ceramics is a ‘Buy’ call with a target price of Rs 685 and a stop loss of Rs 620.

Godrej Industries is a ‘Sell’ call with a target price of Rs 466 and a stop loss of Rs 486

 For the day the Sgx nifty closed at 11,890.50 with a loss of  -0.38% percent or -45.50 point.Nikkei 225 is trading at 21,003.37   with a loss of -1.21% percent or -256.77 point. Hong Kong’s Hang Seng is trading at 27,253.67  with a loss of -0.50% percent or -137.14 point.

WORLD MARKETS

For the day the Dow is trading at 25,347.77 with a loss of -0.93% percent or -237.92 point. The S&P 500 is trading at 2,802.39 with a loss of -0.84% percent or -23.67 point. The Nasdaq Composite is trading at 7,607.35  with a loss of -0.39% percent or -29.66 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,003.37  with a loss of -1.21% percent or -256.77 point. Hong Kong’s Hang Seng is trading at 27,261.43 with a loss of -0.47% percent or -129.38   point. China’s Shanghai Composite is trading at 2,914.70  up with +0.16% percent or +4.79 point. India’s BSE Sensex is trading at 39,653.87  with a loss of -0.24% percent or -95.86 point at 12:15 PM.