Sgx Nifty Futures Opening Update as on 04 March 2020

The  Sgx Nifty Future is trading at 11,097.00 with a loss of -1.54% percent or -173.00 point. The Nikkei 225 Future is trading at 21,105.00 with a loss of -0.12% percent or -25.00  point.The Hang Seng Future is trading at 26,197.00 with a loss -0.43% percent or -114.00 point.

TODAY’S FACTORS AND EVENTS

the Covid-19 outbreak and its spread have increased anxiety in the global markets. On an average, developed and emerging market equities have fallen 15 per cent in just over a month. This has increased panic, measured in terms of volatility. The volatility indices have seen a sharp spike to multi-year highs in recent times. However, past data shows selling in the Indian equity market has stopped within a month or two

PREVIOUS DAY ACTIVITY

 For the day the  Sgx nifty closed at 11,097.00 with a loss of -1.54% percent or -173.00  point.Nikkei 225 is trading at 21,100.06 up with +0.082% percent or +17.33 point. Hong Kong’s Hang Seng is trading at 26,245.30 with a loss of –0.15% percent or –39.52 point.

WORLD MARKETS

For the day the Dow is trading at 25,917.41 with a loss of –2.94% percent or –785.91  point. The S&P 500 is trading at 3,003.37 with a loss of –2.81% 8percent or –86.86 point. The Nasdaq Composite is trading at 8,684.09 with a loss of –2.99% percent or –268.08  point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,100.06 up with +0.082% percent or +17.33 point. Hong Kong’s Hang Seng is trading at 26,349.94 up with +0.25% percent or +65.12    point. China’s Shanghai  Composite is trading at 3,011.67 up with +0.63% percent or +18.77  point. India’s BSE Sensex is trading at 38,461.11 with a loss of –0.43% percent or –165.70  point at 12:15 PM.