The SGX Nifty Future is trading at 11,700.50  with a loss of -0.10% percent or -11.50 point. The Nikkei 225 Future is trading at 21,258.00  with a loss of -0.06% percent or -12.00 point.The Hang Seng Future is trading at 28,105.50 up with +2.42% percent or +663.50 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.

Grid is a ‘Buy’ call with a target price of Rs 205 and a stop loss of Rs 194

IGL is a ‘Buy’ call with a target price of Rs 352 and a stop loss of Rs 335.

 For the day the Sgx nifty closed at 11,700.50  with a loss of -0.10% percent or -11.50 point.Nikkei 225 is trading at 21,333.87  up with +1.72% percent or +361.16 point. Hong Kong’s Hang Seng is trading at 28,202.14  up with +2.56% percent or +703.37 point.

WORLD MARKETS

For the day the Dow is trading at 26,465.54 up with +1.35% percent or +353.01 point. The S&P 500 is trading at 2,917.75 up with +0.97% percent or +28.08 point. The Nasdaq Composite is trading at 7,953.88   up with +1.39% percent or +108.86 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,333.87 up with +1.72% percent or +361.16 point. Hong Kong’s Hang Seng is trading at 28,141.16  up with +2.34% percent or +642.39    point. China’s Shanghai Composite is trading at 2,917.80 up with +0.96% percent or +27.65  point. India’s BSE Sensex is trading at 39,187.76 up with +0.36% percent or +141.42 point at 12:15 PM.