SGX Nifty Futures Opening Update as on 06 June 2019

The SGX Nifty Future is trading at 11,872.50 with a loss of -1.73% percent or -208.50 point. The Nikkei 225 Future is trading at 20,833.00  up with +0.45% percent or +93.00 point.The Hang Seng Future is trading at 26,849.50 up  with +0.14% percent or +38.50 point.

TODAY’S FACTORS AND EVENTS

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

LIC Housing Finance is a ‘Buy’ call with a target price of Rs 580 and a stop loss of Rs 559.

Yes Bank is a ‘Buy’ call with a target price of Rs 163 and a stop loss of Rs 148.

 For the day the Sgx Nifty closed at 11,874.50 with a loss of -1.71% percent or -206.50 point.Nikkei 225 is trading at 20,774.04  with a loss of -0.0099%  percent or –2.06 point. Hong Kong’s Hang Seng is trading at 26,965.28 up with +0.26% percent or +69.84 point.

WORLD MARKETS

For the day the Dow is trading at 25,539.57 up  with +0.82% percent or +207.39 point. The S&P 500 is trading at 2,826.15 up with +0.82% percent or ++22.88  point. The Nasdaq Composite is trading at 7,575.48  up with +0.64% percent or +48.36 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,774.04  with a loss of -0.0099% percent or -2.06 point. Hong Kong’s Hang Seng is trading at 26,948.79 up with +0.20% percent or ++54.49   point. China’s Shanghai Composite is trading at 2,827.80 with a loss of -1.17% percent or -33.62 point. India’s BSE Sensex is trading at 39,730.39  with a loss of -0.88% percent or -353.15  point at 12:15 PM.