The SGX Nifty Future is trading at 10,622.00 with a loss of -2.34% percent or -254.50 point. The Nikkei 225 Future is trading at 23,910.00 with a loss of -0.90% percent or -217.00 point . The Hang Seng Future is trading at 26,563.50 with a loss of -1.82% percent or -493.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity markets are likely to open in the red on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.
At 8:30 am, the SGX Nifty was 136.50 points, or 1.25 per cent, down at 10,746.50.
spoke to various experts and here’s what they have to recommend for today’s trade:
hriram Transport Finance Company is a ‘Sell’ call with a target price of Rs 1,065 and a stop loss of Rs 1,100.
Jubilant Foodworks is a ‘Sell’ call with a target price of Rs 1,180 and a stop loss of Rs 1,205
WORLD MARKETS
For the day the Dow is trading at 26,828.39 up with +0.20% percent or +54.45 point. The S&P 500 is trading at 2,925.51 up with +0.071% percent or +2.08 point. The Nasdaq Composite is trading at 8,025.08 up with +0.32% percent or +25.54 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,975.62 with a loss of -0.56% percent or -135.34 point. Hong Kong’s Hang Seng is trading at 26,635.39 with a loss of -1.68% percent or -455.87 point. China’s Shanghai Composite is trading at 2,821.35 up with +1.06% percent or +29.58 point. India’s BSE Sensex is trading at 35,357.91 with a loss of – 1.72% percent or -70.09 point at 12:15 PM