SGX Nifty Futures Opening Update as on 02 July 2019

The SGX Nifty Future is trading at 11,893.50 with a loss of -0.08% percent or -9.00 point. The Nikkei 225 Future is trading at 21,688.00  with a loss of -0.38% percent or -82.00 point.The Hang Seng Future is trading at 28,970.50 with +1.63% percent or +465.50 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.

DLF is a ‘Buy’ call with a target price of Rs 200 and a stop loss of Rs 185.

ZEEL is a ‘Buy’ call with a target price of Rs 380 and a stop loss of Rs 350.

HDFC is a ‘Buy’ call with a target price of Rs 2275 and a stop loss of Rs 2225.

 For the day the Sgx nifty closed at 11,917.00  up with +0.12% percent or +14.50 point.Nikkei 225 is trading at 21,754.27 up with +0.11% percent or +24.30 point. Hong Kong’s Hang Seng is trading at 28,868.91 up with +1.14% percent or +326.29 point.

WORLD MARKETS

For the day the Dow is trading at 26,717.43 up with +0.44% percent or +117.47 point. The S&P 500 is trading at 2,964.33 up with +0.77% percent or +22.57 point. The Nasdaq Composite is trading at 8,091.16  up with +1.06% percent or +84.92 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,754.27  up with +0.11% percent or +24.30point. Hong Kong’s Hang Seng is trading at 28,919.40  up with +1.32% percent or +376.78 point. China’s Shanghai Composite is trading at 3,045.47  up with +0.019% percent or +0.50 point. India’s BSE Sensex is trading at 39,580.65 with a loss of -0.27% percent or -105.85 point at 12:15 PM.