The Sgx Nifty Future is trading at 11,623.00 up with +2.50% percent or +283.00 point. The Nikkei 225 Future is trading at 21,805.00 with a loss of -0.48%percent or -105.00 point.The Hang Seng Future is trading at 26,425.50 with a loss of -0.24% percent or -63.50 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.
BPCL is a ‘Buy’ call with a target price of Rs 418 and a stop loss of Rs 398
Colgate is a ‘Buy’ call with a target price of Rs 1435 and a stop loss of Rs 1385.
JSW Steel is a ‘Buy’ call with a target price of Rs 248 and a stop loss of Rs 229.
WORLD MARKETS
For the day the Dow is trading at 26,935.07 with a loss of –0.59% percent or –159.72 point. The S&P 500 is trading at 2,992.07 with a loss of –0.49% percent or –14.72 point. The Nasdaq Composite is trading at 8,117.67 with a loss of 0.80% percent or –65.21 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,079.09 up with +0.16% percent or +34.64 point. Hong Kong’s Hang Seng is trading at 26,280.73 with a loss of –0.58% percent or –152.86 point. China’s Shanghai Composite is trading at 2,977.08 with a loss of –0.98% percent or –29.37 point. India’s BSE Sensex is trading at 39,410.93 up with +3.67% percent or +1,396.31 point at 12:15 PM.