Sgx Nifty Futures Opening Update as on 20 Jan 2020

The  Sgx Nifty Future is trading at 12,281.50 with a loss of -0.82% percent or -101.00point. The Nikkei 225 Future is trading at 24,052.50  with a loss of -0.11% percent or -27.50 point.The Hang Seng Future is trading at 28,906.50  with a loss of -0.55% percent or -158.50 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.

Ashok LeylandNSE 0.36 % is a ‘Buy’ call with a target price of Rs 90 and a stop loss of Rs 81.

Bharti Airtel is a ‘Buy’ call with a target price of Rs 510 and a stop loss of Rs 490.

Axis Bank is a ‘Buy’ call with a target price of Rs 755 and a stop loss of Rs 726.

PREVIOUS DAY ACTIVITY

 For the day the  Sgx nifty closed at 12,275.50 with a loss of -0.86% percent or -107.00  point.Nikkei 225 is trading at 24,083.51 up with +0.18% percent or +42.25  point. Hong Kong’s Hang Seng is trading at 28,883.43 with a loss of –0.60% percent or –172.99 point.

WORLD MARKETS

For the day the Dow is trading at 29,348.10 up with +0.17% percent or +50.46  point. The S&P 500 is trading at 3,329.62 up with +0.39% percent or +12.81 point. The Nasdaq Composite is trading at 9,388.94 up with  +0.34% percent or +31.81 point.

In other parts of world, Japan’s Nikkei 225 is trading at 24,083.51 up with +0.18% percent or +42.25  point. Hong Kong’s Hang Seng is trading at 28,871.47 with a loss of –0.64% percent or –184.95  point. China’s Shanghai Composite is trading at 3,092.47 up with +0.55% percent or +16.97 point. India’s BSE Sensex is trading at 41,761.72 with a loss of –0.44% percent or –183.65 point at 12:15 PM.