Nifty Futures Opening Update as on 08 Jan 2020

The  Nifty Future is trading at 12,044.50 with a loss of -0.51% percent or -62.20 point. The Nikkei 225 Future is trading at 23,237.50 up with +0.38% percent or +87.50 point.The Hang Seng Future is trading at 28,054.50 with a loss of -1.15% percent or -327.50 point.

TODAY’S FACTORS AND EVENTS

 Dalal Street looked set to witness a bloodbath on Wednesday, as Nifty futures trading on Singapore Exchange crashed nearly 200 points early in the day in reaction to an Iranian missile attack on at least two Iraqi airbases that house US troops.

The fresh escalation in the US-Iran tension sent Asian shares plunging even as oil prices soared. But US President Donald Trump just tweeted ‘all is well’. Here’s breaking down the pre-market actions.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 12,002.70 with a loss of –0.42% percent or –50.25  point.Nikkei 225 is trading at 23,204.76 with a loss of –1.57% percent or –370.96 point. Hong Kong’s Hang Seng is trading at 28,087.92 with a loss of –0.83% percent or –234.14 point.

WORLD MARKETS

For the day the Dow is trading at 28,583.68 with a loss of –0.42% percent or –119.70 point. The S&P 500 is trading at 3,237.18  with a loss of –0.28% percent or -9.10 point. The Nasdaq Composite is trading at 9,068.58  with a loss of –0.032% percent or -2.88 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,204.76 with a loss of –1.57% percent or -370.96  point. Hong Kong’s Hang Seng is trading at 28,053.09 with a loss of -0.95% percent or –268.97point. China’s Shanghai Composite is trading at 3,066.89  with a loss of –1.22% percent or –37.91  point. India’s BSE Sensex is trading at 40,711.80 with a loss of –0.39% percent or –157.67 point at 12:15 PM.

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