SGX Nifty Futures Opening Update as on 11 June 2019

The SGX Nifty Future is trading at 12,016.50 up with +0.63% percent or +75.00 point. The Nikkei 225 Future is trading at 21,192.50  with a loss of -0.08% percent or -17.50 point.The Hang Seng Future is trading at 27,685.00  up with +0.79% percent or +216.00 point.

TODAY’S FACTORS AND EVENTS

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

Britannia is a ‘Buy’ call with a target price of Rs 3100 and a stop loss of Rs 2950.

Bata India is a ‘Buy’ call with a target price of Rs 1470 and a stop loss of Rs 1390.

 For the day the Sgx nifty closed at 12,016.50 up with +0.63% percent or +75.00 point.Nikkei 225 is trading at 21,204.28  up with +0.33% percent or +69.86 point. Hong Kong’s Hang Seng is trading at 27,789.34 up with +0.76% percent or +210.70 point.

WORLD MARKETS

For the day the Dow is trading at 25,720.66 up  with +0.71% percent or +181.09 point. The S&P 500 is trading at 2,843.49 up with +0.61% percent or +17.34  point. The Nasdaq Composite is trading at 7,615.55  up with +0.53% percent or +40.08 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,884.71  up with +0.53% percent or +110.67 point. Hong Kong’s Hang Seng is trading at 26,965.28 up with +0.26% percent or +69.84   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 39,504.25  with a loss of -0.064% percent or -25.47 point at 12:15 PM.