SgxNifty Futures Update : 19 Aug 2021
The Nifty Future is trading at 16,243.80 with a loss of -1.98% or -328.55 point. The Nikkei 225 Future is trading at 26,995.00 with a loss of -2.19% percent or -605.00 point.The Hang Seng Future is trading at 25,211.50 with a loss of -2.12% percent or -545.50 point.
TODAY’S FACTORS AND EVENTS
Well, it was just a little bit of miscommunication that added to the volatility. The midcaps have maybe had the best one-and-a-half years. And after having a wonderful July, they were due for profit booking. A short sell-off in the midcaps was anyway due, and we have seen money again rotate back into the largecaps. So this was nothing new, it was part of the market cycle. I think we are done and dusted with this issue now.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 16,568.85 with a loss of – percent or –45.75 point.Nikkei 225 is trading at 27,281.17 with a loss of – percent or ?304.74 point. Hong Kong’s Hang Seng is trading at 25,316.33 with a loss of – percent or –550.68 point.
For the day the Dow is trading at 35,343.28 with a loss of – percent or ?11.79 point. The S&P 500 is trading at 4,400.27 with a loss of – percent or –47.81 point. The Nasdaq Composite is trading at 14,525.91 with a loss of –percent or –130.27point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,317.81 with a loss of – percent or –268.10 point. Hong Kong’s Hang Seng is trading at 25,419.09 with a loss of – percent or –447.92 point. China’s Shanghai Composite is trading at 3,470.66 with a loss of – percent or –14.63point. India’s BSE Sensex is trading at 55,629.49 with a loss of – percent or –162.78 point at 12:15 PM.