SGX Nifty Futures Opening Update as on 01 July 2019

The SGX Nifty Future is trading at 11,912.50 up with +0.63% percent or +74.50 point. The Nikkei 225 Future is trading at 21,768.00  up with +1.98% percent or +423.00 point.The Hang Seng Future is trading at 28,487.50 with a loss of -0.07% percent or -19.50 point.

TODAY’S FACTORS AND EVENTS

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

At 8:25 am the SGX Nifty was 20 points or 0.17 per cent higher at 11,858

Dr. Reddy’s Lab is a ‘Sell’ call with a target price of Rs 2480 and a stop loss of Rs 2600

Jubilant Food is a ‘Sell’ call with a target price of Rs 1215 and a stop loss of Rs 1245.

 For the day the Sgx nifty closed at 11,912.50 up with +0.63% percent or +74.50 point.Nikkei 225 is trading at 21,729.97 up with +2.13% percent or +454.05 point. Hong Kong’s Hang Seng is trading at 28,542.62 with a loss of -0.28% percent or -78.80 point.

WORLD MARKETS

For the day the Dow is trading at 26,599.96 up with +0.28% percent or +73.38 point. The S&P 500 is trading at 2,941.76 up with +0.58% percent or +16.84 point. The Nasdaq Composite is trading at 8,006.24  up with +0.48% percent or +38.49 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,729.97  up with +2.13% percent or +454.05point. Hong Kong’s Hang Seng is trading at 28,542.62  with a loss of -0.28% percent or -78.80 point. China’s Shanghai Composite is trading at 3,044.90  up with +2.22% percent or +66.02 point. India’s BSE Sensex is trading at 39,670.42 up with +0.70% percent or +275.78 point at 12:15 PM.