The SGX Nifty Future is trading at 11,369.00 up with +0.57% percent or +64.00 point. The Nikkei 225 Future is trading at 21,282.50 up with +0.06% percent or +12.50 point.The Hang Seng Future is trading at 27,738.00 with a loss of -1.24% percent or -349.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open lower on Friday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
At 8:25 am the SGX Nifty was 17.50 points or 0.15 per cent lower at 11,287.50.
IOC is a ‘Buy’ call with a target price of Rs 160 and a stop loss of Rs 145
Indiabulls Housing is a ‘Buy’ call with a target price of Rs 740 and a stop loss of Rs 680.
Jubilant Food is a ‘Buy’ call with a target price of Rs 1265 and a stop loss of Rs 1230.
WORLD MARKETS
For the day the Dow is trading at 25,862.68 up with +0.84% percent or +214.66 point. The S&P 500 is trading at 2,876.32 up with +0.89% percent or +25.36 point. The Nasdaq Composite is trading at 7,898.05 up with +0.97% percent or +75.90 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,250.09 up with +0.89% percent or +187.11 point. Hong Kong’s Hang Seng is trading at 27,938.18 with a loss of -1.19% percent or -336.89 point. China’s Shanghai Composite is trading at 2,882.30 with a loss of -2.48% percent or -73.41 point. India’s BSE Sensex is trading at 37,727.87 up with +0.89% percent or +334.39 point at 12:15 PM.