SgxNifty Futures Update : 23 Feb 2023
The SgxNifty Future is trading at 17,566.0 with +0.05% or +9.0 point. The Nikkei 225 Future is trading at 27,138.0 with +0.03% percent or +8.0 point.The Hang Seng Future is trading at 20,387.5 with +0.42% percent or +85.5 point.
TODAY’S FACTORS AND EVENTS
RBI and Fed minutes revealed that they are willing to keep increasing the interest rates as inflation remains a concern. Traders are upping their forecasts for how high the central banks will take interest rates, as well as for how long it will keep them at that level. Meanwhile, Adani stocks continue to struggle as they saw the destruction of ₹51,294.04 crore of investor wealth on Wednesday.
PREVIOUS DAY ACTIVITY
For the day the nifty closed at 17,580.20 with 0.15% percent or +25.90 point.Nikkei 225 is trading at 27,104.32 with 1.34% percent or −368.78 point. Hong Kong’s Hang Seng is trading at 20,364.10 with 0.29% or −59.74 point.
WORLD MARKETS
For the day the Dow is trading at 33,045.09 with 0.26% percent or −84.50 point. The S&P 500 is trading at 3,991.05 with 0.16% percent or −6.29 point. The Nasdaq Composite is trading at 11,507.07 with 0.13% percent or +14.77point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,104.32 with 1.34% percent or −368.78 point. Hong Kong’s Hang Seng is trading at 20,360.92 with 0.31% ercent or −62.92 point. China’s Shanghai Composite is trading at 3,277.75 with 0.41% percent or −13.40 point. India’s BSE Sensex is trading at 59,839.24 up with 0.16% percent or +94.26 point at 12:15 PM.