SgxNifty Futures Update : 27 May 2022
The SgxNifty Future is trading at 16,281.80 up with +0.57% or +92.80 point. The Nikkei 225 Future is trading at 26,810.0 with +0.75% percent or +200.0 point.The Hang Seng Future is trading at 20,337.5 up with +2.49% percent or +494.5 point.
TODAY’S FACTORS AND EVENTS
Foreign Institutional Investors (FII) seem to have fallen out of love with Indian stock markets as outflows continued in April and are now heading towards the eighth month in May. Bank of America Securities (BofA) in a report noted that outflows so far this year by FIIs stand at $20 billion. In the cross-hairs have been sectors such as Information Technology, Real Estate, and Financials, among others. The magnitude of the outflows has been cushioned by Domestic Institutional Investors (DII) who have poured in roughly $19 billion during the same period, however, the inflows seem to be slowing down now.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 16,235.95 up with 0.41% percent or +65.80 point.Nikkei 225 is trading at 26,781.68 up with +0.66% percent or +176.84 point. Hong Kong’s Hang Seng is trading at 20,530.38 up with +2.06% or +414.18 point.
WORLD MARKETS
For the day the Dow is trading at 32,637.19 up with +1.61% percent or +516.91 point. The S&P 500 is trading at 4,057.84 up with1.99% percent or +79.11 point. The Nasdaq Composite is trading at 11,740.65 up with +2.68% percent or +305.91 point.
In other parts of world, Japan’s Nikkei 225 is trading at 26,753.68 up with +0.56% percent or +148.84 point. Hong Kong’s Hang Seng is trading at 20,588.37 up with +2.35% ercent or +472.17 point. China’s Shanghai Composite is trading at 3,128.87 up with +0.18% percent or +5.76 point. India’s BSE Sensex is trading at 54,581.01 up with +0.61% percent or +328.48 point at 12:15 PM.