The SGX Nifty Future is trading at 11,751.00 with a loss of -1.00% percent or -118.50 point. The Nikkei 225 Future is trading at 22,302.50 up with +0.24% percent or +52.50 point.The Hang Seng Future is trading at 29,434.00 with a loss of -1.29% percent or -384.00 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.
ICICI Bank is a ‘Buy’ call with a target price of Rs 420 and a stop loss of Rs 399.
Tata Steel is a ‘Buy’ call with a target price of Rs 575 and a stop loss of Rs 530
MCX is a ‘Buy’ call with a target price of Rs 855 and a stop loss of Rs 832.
WORLD MARKETS
For the day the Dow is trading at 26,554.39 up with +0.042% percent or +11.06 point. The S&P 500 is trading at 2,943.03 up with +0.11% percent or +3.15 point. The Nasdaq Composite is trading at 8,161.85 up with +0.19% percent or +15.46 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,258.73 with a loss of -0.22% percent or -48.85 point. Hong Kong’s Hang Seng is trading at 29,705.32 with a loss of -0.63% percent or -187.49 point. China’s Shanghai Composite is trading at 3,078.34 up with +0.52% percent or +15.84 point. India’s BSE Sensex is trading at 38,887.18 with a loss of -0.46% percent or -180.15 point at 12:15 PM.