The SGX Nifty Future is trading at 10,905.50 with a loss of -0.23% percent or -25.50 point. The Nikkei 225 Future is trading at 20,852.00 with a loss of -0.13% percent or -28.00 point . The Hang Seng Future is trading at 28,114.50 with a loss of -0.06% percent or -15.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open lower on Tuesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
At 8:28 am the SGX Nifty was 17 points or 0.16 per cent down at 10,914.
SBI is a ‘Sell’ call with a target price of Rs 270 and a stop loss of Rs 285.
Mindtree is a ‘Buy’ call with a target price of Rs 960 and a stop loss of Rs 898.
Max Financial is a ‘Sell’ call with a target price of Rs 370 and a stop loss of Rs 384.
WORLD MARKETS
For the day the Dow is trading at 25,053.11 with a loss of -0.21% percent or -53.22 point. The S&P 500 is trading at 2,709.80 up with +0.071% percent or +1.92 point. The Nasdaq Composite is trading at 7,307.90 up with +0.13% percent or +9.71 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,864.21 up with +2.61% percent or +531.04 point. Hong Kong’s Hang Seng is trading at 28,141.18 with a loss of -0.0095% percent or -2.66 point. China’s Shanghai Composite is trading at 2,671.89 up with +0.68% percent or +18.00 point. India’s BSE Sensex is trading at 36,351.04 with a loss of -0.12% percent or -43.99 point at 12:15 PM.