The SGX Nifty Future is trading at 11,151.50 up with +0.49% percent or +54.00 point. The Nikkei 225 Future is trading at 21,528.00  with a loss of  -0.07% percent or -15.00 point.The Hang Seng Future is trading at 27,757.50 with a loss of -1.57% percent or -443.50 point.

TODAY’S FACTORS AND EVENTS

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

IndusInd Bank is a ‘Sell’ call with a target price of Rs 1260 and a stop loss of Rs 1365.

Ultratech Cement is a ‘Sell’ call with a target price of Rs 4250 and a stop loss of Rs 4380

PREVIOUS DAY ACTIVITY

 For the day the Sgx nifty closed at 11,149.00  up with +0.46% percent or +51.50 point.Nikkei 225 is trading at 21,521.53  with a loss of -0.86% percent or -187.78 point. Hong Kong’s Hang Seng is trading at 27,777.75  with a loss of -1.31% percent or -368.75 point.

WORLD MARKETS

For the day the Dow is trading at 27,198.02  with a loss of -0.086% percent or -23.33 point. The S&P 500 is trading at 3,013.18 with a loss of -0.26% percent or -7.79 point. The Nasdaq Composite is trading at 8,273.61  with a loss of -0.24% percent or -19.71 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,521.53 with a loss of -0.86% percent or -187.78 point. Hong Kong’s Hang Seng is trading at 27,777.75  with a loss of -1.31% percent or -368.75 point. China’s Shanghai Composite is trading at 2,932.51  with a loss of -0.67% percent or -19.83 point. India’s BSE Sensex is trading at 37,448.44  up with +0.14% percent or +51.20 point at 12:15 PM.