SgxNifty Futures Update : 27 Oct 2021

The  SgxNifty Future is trading at 18,362.00 up with +0.26% or +47.85 point. The Nikkei 225 Future is trading at 28,988.00 with -0.49% percent or -142.00 point.The Hang Seng Future is trading at 25,539.50 with a loss of -1.92% percent or -499.50 point.

 

 

TODAY’S FACTORS AND EVENTS

Tyre-marker Ceat Ltd has seen significant impact of commodity cost inflation in the September quarter. In a post earnings conference call, the company’s management said raw material cost on a per kilogram basis rose 7% sequentially in Q2FY22 due a sharp increase in crude-based input materials. On a standalone basis, gross margins fell nearly 1000 basis points year-on-year to 36.9%. One basis point is one hundredth of a percentage point.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 18,311.00 up with +0.23% percent or +42.60 point.Nikkei 225 is trading at 29,098.24 with a loss of -0.027% percent or -7.77  point. Hong Kong’s Hang Seng is trading at 25,583.35 with a loss of -1.75% or -454.92  point.

 

 

WORLD MARKETS

For the day the Dow is trading at 35,741.15 up with +0.18%percent or +64.13 point. The S&P 500 is trading at 4,566.48  up with +0.47% percent or +21.58  point. The Nasdaq Composite is trading at 15,226.71  up with +0.90% percent or +136.51   point.

In other parts of world, Japan’s Nikkei 225 is trading at 29,148.19 up with +1.92% percent or  +547.78   point. Hong Kong’s Hang Seng is trading at 25,941.96 with a loss of –0.73% ercent or ?190.07  point. China’s Shanghai Composite is trading at 3,597.78 with a loss of –0.33% percent or –12.08  point. India’s BSE Sensex is trading at 60,844.63  with a loss of –0.20% percent or –122.42   point at 12:15 PM.