The  Sgx Nifty Future is trading at 11,021.50 up with +0.85% percent or +92.50 point. The Nikkei 225 Future is trading at 22,683.00 with +0.04% percent or +10.00 point.The Hang Seng Future is trading at 25,112.50  with a loss of -0.21% percent or -52.00 point.

TODAY’S FACTORS AND EVENTS

The market is expected to cross 11,000 soon as per technical analysis. While fundamentally the Asian markets have witnessed a sharp rebound and continue to remain strong owing to which Nifty retracting to 10,000 seems difficult. As FII inflows continue to remain strong the liquidity remains healthy and hence sharper correction without a specific event trigger on domestic/global seems unlikely and bullish trend is expected to continue from minor retracement from time to time.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 11,022.20 up with +1.11% percent or +120.50 point.Nikkei 225 is trading at 22,717.48 up with +0.093% percent or +21.06  point. Hong Kong’s Hang Seng is trading at 25,057.99  with a loss of –0.12% percent or  ?31.18 point.

WORLD MARKETS

For the day the Dow is trading at 26,671.95  with a loss of -0.23% percent or -0.23% point. The S&P 500 is trading at 3,224.73 up with +0.28% percent or +9.16 point. The Nasdaq Composite is trading at 10,503.19  up with +0.28% percent or +29.36 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 22,717.48 up with +0.093% percent or +21.06 point. Hong Kong’s Hang Seng is trading at 25,057.99 with a loss of –0.12% percent or –31.18  point. China’s Shanghai  Composite is trading at 3,314.15 up with +3.11% percent or +100.02 point. India’s BSE Sensex is trading at 37,418.99 up with +1.08% percent or  +398.85  point at 12:15 PM.

Rules of Discussion on SGX Nifty

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 …