SgxNifty Futures Update : 09 June 2022
The SgxNifty Future is trading at 16,344.0 with a loss of -0.13% or -20.8point. The Nikkei 225 Future is trading at 28,217.5 with +0.10% percent or +27.5 point.The Hang Seng Future is trading at 21,733.0 with a loss of -0.53% percent or -116.0 point.
TODAY’S FACTORS AND EVENTS
In India, the near-term texture of the market is ‘sell on rallies’. FPI’s sustained selling has become almost predictable. Only a declining inflation rate in the US and the possibility of the Fed turning less hawkish than now can change the trend of FPI selling. FPI selling in banking stocks has led to depressed valuations in this segment, particularly in high quality banking majors. This is an opportunity for medium- long- term investors.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 16,362.65 up with +0.039% percent or +6.40 point.Nikkei 225 is trading at 28,343.63 up with +0.39% percent or +109.34 point. Hong Kong’s Hang Seng is trading at 21,810.40 with a loss of -0.93% or -204.19 point.
WORLD MARKETS
For the day the Dow is trading at 32,910.90 with a loss of –0.81% percent or ?269.24 point. The S&P 500 is trading at 4,115.77 with a loss of –1.08% percent or –44.91 point. The Nasdaq Composite is trading at 12,086.27 up with 0.73% percent or –88.96 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,354.14 up with 0.42% percent or +119.85 point. Hong Kong’s Hang Seng is trading at 21,906.55 with a loss of –0.49% ercent or ?108.04 point. China’s Shanghai Composite is trading at 3,237.58 with a loss of –0.80% percent or –26.21 point. India’s BSE Sensex is trading at 54,893.85 up with +0.0025% percent or +1.36 point at 12:15 PM.