The Sgx Nifty Future is trading at 11,765.50 with a loss of -0.84% percent or -99.50 point. The Nikkei 225 Future is trading at 21,203.00 with a loss of -0.50% percent or -107.00 point.The Hang Seng Future is trading at 27,466.50 with a loss of -0.37% percent or -102.50 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 mixed Asian cues.
At 8:25 am the SGX Nifty was 12.50 points or 0.11 per cent higher at 11,877.50.
L&T is a ‘Buy’ call with a target price of Rs 1550 and a stop loss of Rs 1400.
Adani Ports is a ‘Buy’ call with a target price of Rs 412 and a stop loss of Rs 394.
WORLD MARKETS
For the day the Dow is trading at 25,679.90 with a loss of -0.33% percent or -84.10 point. The S&P 500 is trading at 2,840.23 with a loss of -0.67% percent or -19.30 point. The Nasdaq Composite is trading at 7,702.38 with a loss of -1.46% percent or -113.91 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,272.45 with a loss of -0.14% percent or -29.28 point. Hong Kong’s Hang Seng is trading at 27,753.00 with a loss of -0.12% percent or -34.61 point. China’s Shanghai Composite is trading at 2,907.55 up with +1.29% percent or +36.94 point. India’s BSE Sensex is trading at 39,407.05 up with +0.14% percent or +54.38 point at 12:15 PM.