SgxNifty Futures Update : 12 April 2022

The  SgxNifty Future is trading at 17,555.50 with a loss of -0.95% or -168.45 point. The Nikkei 225 Future is trading at 26,327.50 with -1.84% percent or -492.50 point.The Hang Seng Future is trading at 21,270.50 up with +0.67% percent or +141.50 point.

TODAY’S FACTORS AND EVENTS

Tata Steel Limited has, on April 11, 2022, acquired 32.63 crore equity shares of Rs 10 each at a premium of Rs 9.15 per share, of Tata Steel Mining Limited, a wholly-owned subsidiary of Tata Steel Limited, for an amount aggregating to approximately Rs 625 crore. On completion of the above acquisition, Tata Steel Mining Limited will continue to be a wholly-owned subsidiary of the Company. Tata Steel was trading at Rs 1,372.90, up Rs 1.80, or 0.13 percent. It has touched an intraday high of Rs 1,383.85 and an intraday low of Rs 1,365.90.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 17,511.40 with a loss of -0.93% percent or ?163.55 point.Nikkei 225 is trading at 26,360.25 with a loss of -1.72% percent or ?461.27  point. Hong Kong’s Hang Seng is trading at 21,259.10 up with +0.24% or +50.80  point.

WORLD MARKETS

For the day the Dow is trading at 34,308.08 with 0.40% percent or +137.55 point. The S&P 500 is trading at 4,412.53 with a loss of –1.69% percent or –75.75 point. The Nasdaq Composite is trading at 13,411.96 with a loss of –2.18% percent or –299.04   point.

In other parts of world, Japan’s Nikkei 225 is trading at 26,321.51 with a loss of –1.86% percent or 500.01  point. Hong Kong’s Hang Seng is trading at 21,251.33 up with +0.20% percent or +43.03  point. China’s Shanghai Composite is trading at 3,190.96 with 0.75% percent or +23.84 point. India’s BSE Sensex is trading at 58,480.41 with a loss of –0.82% percent or –484.16 point at 12:15 PM.