The SGX Nifty Future is trading at 10,530.00 with a loss of -1.95% percent or -209.00 point. The Nikkei 225 Future is trading at 21,165.00 up with +0.12% percent or +25.00 point . The Hang Seng Future is trading at 25,729.00 with a loss of -1.33% percent or -340.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open lower on Monday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed Asian cues.
At 8:30 am the SGX Nifty was 139 points or 1.29 per cent down at 10,600.
Ajanta PharmaNSE -2.60 % is a ‘Sell’ call with a target price of Rs 1040 and a stop loss of Rs 1065.
Hindalco is a ‘Sell’ call with a target price of Rs 205 and a stop loss of Rs 223.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 24,388.95 with a loss of -2.24% percent or -558.72 point. The S&P 500 is trading at 2,633.08 with a loss of – 2.33% percent or -62.87 point. The Nasdaq Composite is trading at 6,969.25 with a loss of -3.05% percent or -219.01 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,219.50 with a loss of -2.12% percent or -459.18 point. Hong Kong’s Hang Seng is trading at 25,765.86 with a loss of -1.14% percent or -297.90 point. China’s Shanghai Composite is trading at 2,584.58 with a loss of -0.82% percent or -21.31 point. India’s BSE Sensex is trading at 35,127.80 with a loss of -1.53% percent or ?546.42 point at 12:15 PM.