The SGX Nifty Future is trading at 11,468.50 up with +0.21% percent or +23.50 point. The Nikkei 225 Future is trading at 22,673.00 up with +0.50% percent or+118.00 point . The Hang Seng Future is trading at 26,993.00 up with +2.48% percent or +652.00 point.
TODAY’S FACTORS AND EVENTS
The Singapore Stock Exchange (SGX Nifty) is indicating that domestic equity market may witness a positive opening on Wednesday. However, global cues, rupee’s movement and oil prices in global markets will influence matrket mood through the day.
ET Now spoke to various experts and here’s what they have to recommend for today’s trade:
CK Narayan of Chart Advise
BEML is a ‘Sell’ call with a target price of Rs 733 and a stop loss of Rs 755.
For the day the Dow is trading at 25,998.92 up with +0.11% percent or +27.86 point. The S&P 500 is trading at 2,888.92 up with +0.036% percent or +1.03 point. The Nasdaq Composite is trading at 7,954.23 with a loss of -0.23% percent or -18.25 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,821.32 up with +0.96% percent or +216.71 point. Hong Kong’s Hang Seng is trading at 27,014.49 up with +2.54% percent or +669.45 point. China’s Shanghai Composite is trading at 2,686.58 up with +1.15% percent or +30.47 point. India’s BSE Sensex is trading at 37,717.96 up with +0.81% percent or +304.83 point at 12:15 PM.