SgxNifty Futures Update : 06 aug 2021
The SgxNifty Future is trading at 16,272.20 with a loss of -0.17% or -28.45 point. The Nikkei 225 Future is trading at 27,852.50 up with +0.62% percent or +172.50 point.The Hang Seng Future is trading at 26,152.50 up with +0.10% percent or +26.50 point.
TODAY’S FACTORS AND EVENTS
Validus Wealth advises investors to invest in a gradual or staggered manner to increase equity allocation as equity valuations are ahead of their fundamentals owing to the signs of growth recovery, government spending and healthy demand outlook from rural economy, and it is very difficult to call the market peaks and troughs.
Since 2014, domestic institutions or retail investor flows into Indian equities have been going steadily higher. On the other hand, FPI flows have been quite volatile in the past 7 years, he told Moneycontrol’s Sunil Shankar Matkar, in an interview.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 16,273.65 with a loss of –0.13% percent or ?20.95 point.Nikkei 225 is trading at 27,820.04 up with +0.33% percent or +91.92 point. Hong Kong’s Hang Seng is trading at 26,228.10 up with +0.089% percent or +23.41 point.
For the day the Dow is trading at 35,064.25 up with +0.78% percent or +271.58 point. The S&P 500 is trading at 4,429.10 up with +0.60% percent or +26.44 point. The Nasdaq Composite is trading at 14,895.12 up with +0.78% percent or +114.58 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,797.60 with a loss of –0.22% percent or –59.69 point. Hong Kong’s Hang Seng is trading at 26,202.07 up with +0.99% percent or +259.48 point. China’s Shanghai Composite is trading at 3,437.58 with a loss of –0.74% percent or ?25.46 point. India’s BSE Sensex is trading at 54,344.27 with a loss of –0.27% percent or ?148.57 point at 12:15 PM.