SgxNifty Futures Update : 15 Sept 2022

The  SgxNifty Future is trading at 17,946.5 with a loss of -0.24% or -43.5 point. The Nikkei 225 Future is trading at 27,652.5 with a loss of -0.25% percent or -70.0 point.The Hang Seng Future is trading at 18,887.5 up with +0.47% percent or +87.5 point.

 

 

TODAY’S FACTORS AND EVENTS

The banking sector index Bank Nifty today hit a record high of when it rose 1% to 41,840 at day’s high. Banking stocks have outperformed the broader markets on expectations good credit growth and FII buying. The broader Nifty today was higher and traded above 18,000 levels. “FII selling was maximum was in banks and IT over the last six months. Now with capex looking strong and credit growth picking up with festive season round, the corner guidance from banks is also very positive,” said IIFL Securities Director Sanjiv Bhasin.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 17,935.65 with a loss of -0.38% percent or −68.10 point.Nikkei 225 is trading at 27,884.52 with 0.24% percent or  +65.90 point. Hong Kong’s Hang Seng is trading at 18,933.67 up with +0.46% or +86.57 point.

WORLD MARKETS

For the day the Dow is trading at 31,135.09 with 0.097%percent or +30.12 point. The S&P 500 is trading at 3,946.01 with 0.34% percent or +13.32 point. The Nasdaq Composite is trading at 11,719.68 up with +0.74% percent or +86.10  point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,882.02 up with +0.23% percent or +63.40  point. Hong Kong’s Hang Seng is trading at 18,937.74with 0.48% ercent or +0.48% point. China’s Shanghai Composite is trading at 3,200.35 with a loss of –1.15% percent or −37.20 point. India’s BSE Sensex is trading at 60,066.94  with a loss of –0.46% percent or −280.03   point at 12:15 PM.