The SGX Nifty Future is trading at 10,846.80 up with +1.92% percent or +203.85 point. The Nikkei 225 Future is trading at 20,747.00 with a loss of –0.01% percent or -3.00 point . The Hang Seng Future is trading at 27,928.00 up with +1.36% percent or +376.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open higher on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and bullish Asian cues.
At 8:32 am the SGX Nifty was 82.50 points or 0.78 per cent up at 10,719.
BankNSE -1.59 % is a ‘Buy’ call with a target price of Rs 385 and a stop loss of Rs 355.
Bank of India is a ‘Buy’ call with a target price of Rs 108 and a stop loss of Rs 95.
WORLD MARKETS
For the day the Dow is trading at 25,014.86 up with +1.77% percent or +434.90 point. The S&P 500 is trading at 2,681.05 up with +1.55% percent or +41.05 point. The Nasdaq Composite is trading at 7,183.08 up with +2.20% percent or +154.79 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,773.49 up with +1.06% percent or +216.95 point. Hong Kong’s Hang Seng is trading at 27,925.64 up with +1.02% percent or +282.79 point. China’s Shanghai Composite is trading at 2,583.37 up with +0.30% percent or +7.79 point. India’s BSE Sensex is trading at 35,983.26 up with +1.10% percent or +392.01 point at 12:15 PM.