SgxNifty Futures Update : 07 March 2022

The  SgxNifty Future is trading at 15,720.80  with a loss of  -3.36% or  -545.85 point. The Nikkei 225 Future is trading at 25,058.00 with a loss of -2.87% percent or -739.50 point.The Hang Seng Future is trading at 20,918.50 with a loss of -2.82% percent or -607.50 point.

 

TODAY’S FACTORS AND EVENTS

The Euro currency has plunged by more than 2 percent in the month of March 2022 touching the lower levels of 1.0820 levels. On the other hand, the fall in EUR-INR was only minimal owing to the bullish trend in USD-INR which restricted sharp fall. The prime reason for this sharp drop would be attributed to the ongoing geopolitical tensions between Russia and Ukraine. 

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 15,754.70 with a loss of -3.02% percent or  -490.65  point.Nikkei 225 is trading at 25,221.41 with a loss of -2.94% percent or -764.06 point. Hong Kong’s Hang Seng is trading at 21,057.63 with a loss of -3.87% or -847.66 point.

 

 

WORLD MARKETS

For the day the Dow is trading at 33,614.80 with a loss of 0.53%percent or –179.86 point. The S&P 500 is trading at 4,328.87 with a loss of –0.79% percent or –34.62 point. The Nasdaq Composite is trading at 13,313.44 with a loss of 1.66% percent or –224.50  point.

In other parts of world, Japan’s Nikkei 225 is trading at 25,221.41 with a loss of –2.94% percent or –764.06  point. Hong Kong’s Hang Seng is trading at 21,112.88  with a loss of –3.62% ercent or –792.41 point. China’s Shanghai Composite is trading at 3,367.32 with a loss of –2.33% percent or –80.33 point. India’s BSE Sensex is trading at 53,094.70 with a loss –2.28% percent or –1,239.11  point at 12:15 PM.