Sgx Nifty Futures Opening Update as on 02 Sept 2020

The  SgxNifty Future is trading at 11,489.50 with a loss of -0.17% percent or -37.45 point. The Nikkei 225 Future is trading at 23,318.00 up with +0.68% percent or +158.00 point.The Hang Seng Future is trading at 25,078.50 up with +0.05% percent or +13.50 point.

TODAY’S FACTORS AND EVENTS

Shares of Hero MotoCorp fell over 3 percent despite increase in August sales volumes amid lockdown. “Signaling a positive turnaround for the two-wheeler industry, which is a strong driver of the domestic economy, the company sold 5,84,456 units of motorcycles and scooters in the month of August 2020, a growth of 7.55 percent over the corresponding month of the previous year,” the world’s largest two-wheeler maker said in its BSE filing.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 11,453.55 with a loss of –0.15%percent or -16.70 point.Nikkei 225 is trading at 23,247.15 with +0.47% percent or +109.08 point. Hong Kong’s Hang Seng is trading at 25,137.27 with a loss of –0.19% percent or -47.58 point.

WORLD MARKETS

For the day the Dow is trading at 28,645.66 up with 0.76% percent or +215.61 point. The S&P 500 is trading at 3,526.65 up with +0.75% percent or +26.34  point. The Nasdaq Composite is trading at 11,939.67 up with +1.39% percent or  +164.21 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,247.15 up with +0.47% percent or +109.08 point. Hong Kong’s Hang Seng is trading at 25,099.44 with a loss of –0.34% percent or –85.41 point. China’s Shanghai  Composite is trading at 3,405.39 with a loss of –0.15% percent or ?5.22  point. India’s BSE Sensex is trading at 38,832.17 with a loss of –0.18% percent or –68.63 point at 12:15 PM.