Sgx Nifty Futures Opening Update as on 31 Jan 2020

The  Sgx Nifty Future is trading at 12,040.00 up with +0.01% percent or +1.00 point. The Nikkei 225 Future is trading at 23,082.50  with a loss of –0.49% percent or -112.50 point.The Hang Seng Future is trading at 26,300.00 with a loss of -0.36% percent or -94.50 point.

TODAY’S FACTORS AND EVENTS

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

the SGX Nifty was 43.50 points or 0.36 per cent higher at 12,082.50.

Max Financial is a ‘Sell’ call with a target price of Rs 475 and a stop loss of Rs 515.
Jubilant Food is a ‘Buy’ call with a target price of Rs 1850 and a stop loss of Rs 1800.

PREVIOUS DAY ACTIVITY

 For the day the  Sgx nifty closed at 12,026.50 with a loss of -0.10% percent or -12.50  point.Nikkei 225 is trading at 23,205.18 up with +0.99% percent or +227.43   point. Hong Kong’s Hang Seng is trading at 26,312.63 with a loss of –0.52% percent or –136.50 point.

WORLD MARKETS

For the day the Dow is trading at 28,859.44 up with +0.43% percent or  +124.99   point. The S&P 500 is trading at 3,283.66 up with +0.31% percent or +10.26 point. The Nasdaq Composite is trading at 9,298.94 up with +0.26% percent or +23.77 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,205.18 up with +0.99% percent or +227.43   point. Hong Kong’s Hang Seng is trading at 26,384.60 with a loss of –0.24% percent or –64.53  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 40,810.35 with a loss of –0.25% percent or –103.47 point at 12:15 PM.