SgxNifty Futures Update : 29 Dec 2021
The SgxNifty Future is trading at 17,290.00 with +0.25% or +43.25 point. The Nikkei 225 Future is trading at 28,862.50 with a loss of -0.27% percent or -77.50 point.The Hang Seng Future is trading at 23,044.50 with a loss of -1.36% percent or -317.50 point.
TODAY’S FACTORS AND EVENTS
Market veteran Prashant Jain says growth outlook for earnings and economy have improved and that the market at 18 times FY22 earnings per share is fairly valued. He said that while investors should remain optimistic, they need to moderate their expectations from equity markets a bit.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 17,226.75 with a loss of -0.038% percent or ?6.50 point.Nikkei 225 is trading at 28,859.86 with a loss of -0.72% percent or -209.30 point. Hong Kong’s Hang Seng is trading at 23,045.27 with a loss of -1.01% or ?235.29 point.
WORLD MARKETS
For the day the Dow is trading at 36,398.21 up with +0.26% percent or +95.83 point. The S&P 500 is trading at 4,786.35 with a loss of –0.10% percent or ?4.84 point. The Nasdaq Composite is trading at 16,544.20 up with +0.34% percent or +55.50 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,841.23 with a loss of –0.78% percent or ?227.93 point. Hong Kong’s Hang Seng is trading at 23,061.32 with a loss of –0.94% ercent or –219.24 point. China’s Shanghai Composite is trading at 3,599.15 with a loss of –0.85% percent or –30.96 point. India’s BSE Sensex is trading at 57,934.63 up with +0.064% percent or +37.15 point at 12:15 PM.