The Sgx Nifty Future is trading at 11,824.00 up with +0.31% percent or +37.00 point. The Nikkei 225 Future is trading at 21,728.00  up with +1.20% percent or +258.00 point.The Hang Seng Future is trading at 29,984.50 up with +0.83% percent or +245.50 point.

TODAY’S FACTORS AND EVENTS

Domestic equity market is likely to open higher on Wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

SBI is a ‘Buy’ call with a target price of Rs 337 and a stop loss of Rs 325.

Bajaj Finserv is a ‘Buy’ call with a target price of Rs 7400 and a stop loss of Rs 7250.

GAIL is a ‘Buy’ call with a target price of Rs 380 and a stop loss of Rs 350.

PREVIOUS DAY ACTIVITY
 For the day the nifty closed at 11,823.50 up with +0.31% percent or +36.50 point.Nikkei 225 is trading at 21,713.21 up with +0.97% percent or +207.90 point. Hong Kong’s Hang Seng is trading at 29,974.80 up with +1.18% percent or +350.13 point.

WORLD MARKETS

For the day the Dow is trading at 26,179.13  with a loss of -0.30% percent or -79.29 point. The S&P 500 is trading at 2,867.24 up with +0.0017% percent or +0.050 point. The Nasdaq Composite is trading at 7,848.69  up with +0.25% percent or +19.78 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,713.21  up with +0.97% percent or +207.90 point. Hong Kong’s Hang Seng is trading at 29,922.05 up with +1.00% percent or +297.38  point. China’s Shanghai Composite is trading at 3,216.74 up with +1.26% percent or +39.92 point. India’s BSE Sensex is trading at 39,188.71  up with +0.34% percent or +132.06 point at 12:15 PM.