The SGX Nifty Future is trading at 10,993.00 up with +0.53% percent or +58.00 point. The Nikkei 225 Future is trading at 20,702.00 with a loss of –0.09% percent or -18.00 point . The Hang Seng Future is trading at 27,193.50 up with +0.35% percent or +85.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open higher on Monday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
At 8:29 am the SGX Nifty was 15 points or 0.14 per cent up at 10,950.
WiproNSE -1.72 % is a ‘Buy’ call with a target price of Rs 365 and a stop loss of Rs 335.
Wipro is a ‘Buy’ call with a target price of Rs 355 and a stop loss of Rs 340.
Kotak Bank is a ‘Buy’ call with a target price of Rs 1260 and a stop loss of Rs 1225.
WORLD MARKETS
For the day the Dow is trading at 24,706.35 up with +2.06% percent or +499.19 point. The S&P 500 is trading at 2,670.71 up with +1.32% percent or +34.75 point. The Nasdaq Composite is trading at 7,157.23 up with +1.03% percent or +72.76 point.
In other parts of world, Japan’s Nikkei 225 is trading at 220,719.33 with +0.26% percent or +53.26 point. Hong Kong’s Hang Seng is trading at 27,176.94 with 0.32% percent or -102.95 point. China’s Shanghai Composite is trading at 2,610.51 up with +0.56% percent or +14.50 point. India’s BSE Sensex is trading at 36,627.58 up with +0.66% percent or +240.97 point at 12:15 PM.