The SGX Nifty Future is trading at 11,309.50 up with +0.87% percent or +97.00 point. The Nikkei 225 Future is trading at 21,332.50 with +0.01% percent or +2.50 point .The Hang Seng Future is trading at 28,960.50 up with +1.67% percent or +475.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open higher on Tuesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and bullish Asian cues.
Ashok Leyland is a ‘Buy’ call with a target price of Rs 97 and a stop loss of Rs 91.
India Cements is a ‘Buy’ call with a target price of Rs 114 and a stop loss of Rs 98.
The cigarette maker said it is in complete compliance with the country’s FDI norms and rejected allegations of violations regarding its arrangements for manufacturing Marlboro cigarettes.
WORLD MARKETS
For the day the Dow is trading at 25,450.24 with a loss of -0.090% percent or -22.99 point. The S&P 500 is trading at 2,743.07 with a loss of -0.21% percent or -5.86 point. The Nasdaq Composite is trading at 7,408.14 with a loss of -0.18% percent or -13.32 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,125.09 up with +0.47% percent or +99.53point. Hong Kong’s Hang Seng is trading at 28,451.14 up with +0.79% percent or +222.72 point. China’s Shanghai Composite is trading at 3,026.99 up with +1.92% percent or +57.13 point. India’s BSE Sensex is trading at 36,985.62 up with +0.86% percent or +314.19 point at 12:15 PM.