Sgx Nifty Futures Opening Update as on 23 Jan 2020

The  Sgx Nifty Future is trading at 12,197.50 up with +0.41% percent or +50.50 point. The Nikkei 225 Future is trading at 23,777.50 up with +0.12% percent or +27.50 point.The Hang Seng Future is trading at 27,839.00 with a loss of -1.69% percent or -479.00 point.

TODAY’S FACTORS AND EVENTS

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

Sun TV is a ‘Buy’ call with a target price of Rs 500 and a stop loss of Rs 482.

Hindalco is a ‘Sell’ call with a target price of Rs 198 and a stop loss of Rs 209.

PREVIOUS DAY ACTIVITY

 For the day the  Sgx nifty closed at 12,197.50 up with +0.47% percent or +57.50  point.Nikkei 225 is trading at 23,795.44 with a loss of –0.98% percent or –235.91  point. Hong Kong’s Hang Seng is trading at 27,909.12 with a loss of –1.52% percent or –431.92 point.

WORLD MARKETS

For the day the Dow is trading at 29,186.27 with a loss of –0.033% percent or –9.77  point. The S&P 500 is trading at 3,321.75 up with +0.029% percent or +0.96 point. The Nasdaq Composite is trading at 9,383.77 up with +0.14% percent or  +12.96 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,795.44 with a loss of –0.98% percent or –235.91   point. Hong Kong’s Hang Seng is trading at 27,811.66 with a loss of –1.87% percent or –529.38  point. China’s Shanghai Composite is trading at 2,976.53 with a loss of –2.75% percent or –84.23 point. India’s BSE Sensex is trading at 41,326.53 up with +0.51% percent or +211.15 point at 12:15 PM.