The SGX Nifty Future is trading at 11,058.50 up with +2.11% percent or +229.00 point. The Nikkei 225 Future is trading at 20,485.00 up with +0.91% percent or +185.00 point.The Hang Seng Future is trading at 25,570.00 with a loss of -2.08% percent or –543.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open higher on Monday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed Asian cues.
M&M is a ‘Buy’ call with a target price of Rs 543 and a stop loss of Rs 525.
Tata is a ‘Buy’ call with a target price of Rs 660 and a stop loss of Rs 643
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,628.90 with a loss of –2.37% percent or –623.34 point. The S&P 500 is trading at 2,847.11 with a loss of –2.59% percent or –75.84 point. The Nasdaq Composite is trading at 7,751.77 with a loss of –3.00% percent or –239.62 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,261.04 with a loss of –2.17% percent or –449.87 point. Hong Kong’s Hang Seng is trading at 25,651.05 with a loss of –2.02% percent or –528.28 point. China’s Shanghai Composite is trading at 2,863.57 with a loss of –1.17% percent or –33.86 point. India’s BSE Sensex is trading at 37,297.12 up with +1.63% percent or +600.00 point at 12:15 PM.