Sgx Nifty Futures Opening Update as on 16 March 2020

The  Sgx Nifty Future is trading at 9,106.50 with a loss of -8.74% percent or -872.50 point. The Nikkei 225 Future is trading at 16,925.00  with a loss of -5.20% percent or -927.50  point.The Hang Seng Future is trading at 22,971.00 with a loss of -3.13% percent or -743.00 point.

TODAY’S FACTORS AND EVENTS

Troubled private lender Yes Bank will be dropped from benchmark index Nifty 50, banking index Nifty bank and other Nifty indices from March 19, NSE Indices said on Monday. Earlier, the changes were scheduled to happen on March 27, NSE Indices, a subsidiary of the National Stock Exchange (NSE), said in a statement.

However, in light of the recent developments relating to Yes Bank and its reconstruction scheme, NSE Indices’ Index Maintenance Sub-Committee (IMSC) has decided to accelerate the removal of Yes Bank from Nifty 50 and Nifty Bank and also remove it from all Nifty equity indices from Thursday, March 19.

PREVIOUS DAY ACTIVITY

 For the day the  Sgx nifty closed at 9,106.50 up with -8.74% percent or -872.50  point.Nikkei 225 is trading at 17,002.04 with  a loss of –2.46% percent or –429.01 point. Hong Kong’s Hang Seng is trading at 23,063.57 with a loss of –4.03% percent or –969.34 point.

WORLD MARKETS

For the day the Dow is trading at 23,185.62 up with +9.36% percent or +1,985.00  point. The S&P 500 is trading at 2,711.02 up with +9.29% percent or +9.29% point. The Nasdaq Composite is trading at 7,874.88 up with +9.35% percent or +673.07  point.

In other parts of world, Japan’s Nikkei 225 is trading at 17,002.04 with a loss of –2.46% percent or –429.01 point. Hong Kong’s Hang Seng is trading at 22,946.96 with a loss of –4.52% percent or –1,085.95  point. China’s Shanghai  Composite is trading at 2,789.25 with a loss of –3.40% percent or –98.17  point. India’s BSE Sensex is trading at 32,175.03 with a loss of –5.65% percent or –1,928.45 point at 12:15 PM.

You may also like...

Rules of Discussion on Sgx Nifty Futures Opening Update as on 16 March 2020

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.

Loading comments …