SgxNifty Futures Update : 12 Jan 2022
The Nifty Future is trading at 18,209.80 up with +0.70% or +126.20 point. The Nikkei 225 Future is trading at 28,622.50 up with +1.68% percent or +472.50 point.The Hang Seng Future is trading at 24,323.50 with +2.62% percent or +620.50 point.
TODAY’S FACTORS AND EVENTS
The residential market turned a corner in 2021 with sales momentum consistently improving over the year. Homebuyer sentiments were not dented by concerns over the Omicron variant arising late in Q4 2021. The industry continues to consolidate with residential developments steadily shifting into the hands of stronger developers, many of which are listed, who have been able to weather the economic storm created by the pandemic.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 18,224.65 up with +0.94% percent or +168.90 point.Nikkei 225 is trading at 28,765.66 up with 1.92% percent or +543.18 point. Hong Kong’s Hang Seng is trading at 24,402.17 up with +2.79% or +663.11 point.
WORLD MARKETS
For the day the Dow is trading at 36,252.02 up with +0.51%percent or +183.15 point. The S&P 500 is trading at 4,713.07 up with +0.92% percent or +42.78 point. The Nasdaq Composite is trading at 15,153.45 up with +1.41% percent or +210.62 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,765.66 up with +1.92% percent or +543.18 point. Hong Kong’s Hang Seng is trading at 24,353.49 up with +2.59% ercent or +614.43 point. China’s Shanghai Composite is trading at 3,597.43 up with +0.84% percent or +29.99 point. India’s BSE Sensex is trading at 61,083.69 up with +0.77% percent or +466.80 point at 12:15 PM.