The SGX Nifty Future is trading at 10,996.50 with a loss of -1.02% percent or -113.50 point. The Nikkei 225 Future is trading at 20,458.00 with a loss of -0.11% percent or –22.00 point.The Hang Seng Future is trading at 25,542.50 with a loss of -0.42% percent or –108.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open flat on Wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
Titan is a ‘Buy’ call with a target price of Rs 1150 and a stop loss of Rs 1110
Petronet is a ‘Buy’ call with a target price of Rs 267 and a stop loss of Rs 255
JSW Steel is a ‘Sell’ call with a target price of Rs 208 and a stop loss of Rs 216.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,777.90 with a loss of –0.47% percent or –120.93 point. The S&P 500 is trading at 2,869.16 with a loss of –0.32% percent or –9.22 point. The Nasdaq Composite is trading at 7,826.95 with a loss of –0.34% percent or –26.79 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,479.42 up with +0.11% percent or +23.34point. Hong Kong’s Hang Seng is trading at 25,626.65 with a loss of –0.15% percent or –37.42 point. China’s Shanghai Composite is trading at 2,893.76 with a loss of –0.29% percent or –8.44 point. India’s BSE Sensex is trading at 37,410.19 with a loss of –0.61% percent or –231.08 point at 12:15 PM.