The SGX Nifty Future is trading at 10,896.50 with a loss of -0.60% percent or -66.00 point. The Nikkei 225 Future is trading at 20,608.00 up with +0.67% percent or +138.00 point.The Hang Seng Future is trading at 25,942.00 with a loss of -0.11% percent or -29.00 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 weak Asian cues.
Hero MotoCorp is a ‘Buy’ call with a target price of Rs 2600 and a stop loss of Rs 2400.
RIL is a ‘Sell’ call with a target price of Rs 1100 and a stop loss of Rs 1136.
Bata India is a ‘Buy’ call with a target price of Rs 1440 and a stop loss of Rs 1400.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 26,029.52 up with +1.21% percent or +311.78 point. The S&P 500 is trading at 2,881.77 up with +1.30% percent or +37.03 point. The Nasdaq Composite is trading at 7,726.04 with a loss of -3.47% percent or -278.03 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,516.56 with a loss of -0.33% percent or -68.75 point. Hong Kong’s Hang Seng is trading at 25,997.03 up with +0.080% percent or +20.79 point. China’s Shanghai Composite is trading at 2,768.68 with a loss of -0.32% percent or -8.88 point. India’s BSE Sensex is trading at 36,819.48 with a loss of -0.42% percent or -156.42 point at 12:15 PM.