SGX Nifty Futures Opening Update as on 29 July 2019

The SGX Nifty Future is trading at 11,207.00 with a loss of -1.07% percent or -121.50 point. The Nikkei 225 Future is trading at 21,572.50  with a loss of  -0.39% percent or -84.50 point.The Hang Seng Future is trading at 28,082.00 with a loss of -0.95% percent or -269.00 point.

TODAY’S FACTORS AND EVENTS

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

Tata Global is a ‘Buy’ call with a target price of Rs 270 and a stop loss of Rs 252.

Dr. Reddy’s Lab is a ‘Buy’ call with a target price of Rs 2780 and a stop loss of Rs 2660.

PREVIOUS DAY ACTIVITY

 For the day the Sgx nifty closed at 11,198.50  with a loss of -1.15% percent or -130.00 point.Nikkei 225 is trading at 21,616.80  with a loss of -0.19%percent or -41.35 point. Hong Kong’s Hang Seng is trading at 28,084.78  with a loss of -1.10% percent or -312.96 point.

WORLD MARKETS

For the day the Dow is trading at 27,192.45 up with +0.19% percent or +51.47 point. The S&P 500 is trading at 3,025.86 up with +0.74% percent or +22.19 point. The Nasdaq Composite is trading at 8,330.21 up  with +1.11% percent or +91.67 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,616.80  with a loss of -0.19% percent or -41.35 point. Hong Kong’s Hang Seng is trading at 27,985.03  with a loss of -1.45% percent or -412.71 point. China’s Shanghai Composite is trading at 2,939.38  with a loss of -0.18% percent or -5.16 point. India’s BSE Sensex is trading at 37,573.29   with a loss of -0.82% percent or -309.50 point at 12:15 PM.