Nifty Futures Opening Update as on 06 August 2019

The NSE Nifty Future is trading at 10,964.50 up with +0.59% percent or +64.70 point. The Nikkei 225 Future is trading at 20,478.00  with a loss of  -0.25% percent or -52.00 point.The Hang Seng Future is trading at 25,943.50 with a loss of -0.34% percent or -89.50 point.

TODAY’S FACTORS AND EVENTS

Domestic equity market is likely to open lower on Tuesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and weak Asian cues.

JSW Steel is a ‘Sell’ call with a target price of Rs 210 and a stop loss of Rs 233.

Tata Motors DVR is a ‘Sell’ call with a target price of Rs 55 and a stop loss of Rs 62.

PREVIOUS DAY ACTIVITY

 For the day the nifty closed at 10,949.05 up with +0.82% percent or +89.25 point.Nikkei 225 is trading at 20,585.31  with a loss of -0.65% percent or -134.98 point. Hong Kong’s Hang Seng is trading at 25,976.24  with a loss of -0.67% percent or -175.08 point.

WORLD MARKETS

For the day the Dow is trading at 25,717.74  with a loss of -2.90% percent or -767.27 point. The S&P 500 is trading at S&P 500 with a loss of -2.98% percent or -87.31 point. The Nasdaq Composite is trading at 7,726.04 with a loss of -3.47% percent or -278.03 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,720.29 with a loss of -1.74% percent or -366.87 point. Hong Kong’s Hang Seng is trading at 26,178.56  with a loss of -2.75% percent or -740.02 point. China’s Shanghai Composite is trading at 2,821.50  with a loss of -1.62% percent or -46.34 point. India’s BSE Sensex is trading at 36,671.11  with a loss of -1.21% percent or -447.99 point at 12:15 PM.

Updates

updates@niftyfutures.org

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