SGX Nifty Futures Opening Update as on 24 July 2019

The SGX Nifty Future is trading at 11,286.00 with a loss of -0.34% percent or -39.00 point. The Nikkei 225 Future is trading at 21,638.00  with a loss of -0.15% percent or -32.00 point.The Hang Seng Future is trading at 28,565.00  up with +0.32% percent or +90.00 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.

Hero MotoCorp is a ‘Buy’ call with a target price of Rs 2550 and a stop loss of Rs 2400.

Jubilant Food is a ‘Buy’ call with a target price of Rs 1240 and a stop loss of Rs 1210.

PREVIOUS DAY ACTIVITY

 For the day the SGX nifty closed at 11,279.00  with a loss of -0.41% percent or -46.00 point.Nikkei 225 is trading at 21,709.57  up with +0.41% percent or +88.69 point. Hong Kong’s Hang Seng is trading at 28,540.80  up with +0.26% percent or +74.32 point.

WORLD MARKETS

For the day the Dow is trading at 27,349.19   up with +0.65% percent or +177.29 point. The S&P 500 is trading at 3,005.47 up with +0.68% percent or +20.44  point. The Nasdaq Composite is trading at 8,251.40 up  with +0.58% percent or +47.27 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,709.57   up with +0.41% percent or +88.69 point. Hong Kong’s Hang Seng is trading at 28,533.11  up with +0.23% percent or +66.63 point. China’s Shanghai Composite is trading at 2,923.28 up with +0.80% percent or +23.33 point. India’s BSE Sensex is trading at 37,802.23   with a loss of -0.48% percent or -180.51 point at 12:15 PM.