The Sgx Nifty Future is trading at 11,374.50 with a loss -0.54% percent or –61.50 point. The Nikkei 225 Future is trading at 21,627.50 with a loss of -0.38% percent or -82.50 point.The Hang Seng Future is trading at 25,972.50 with a loss of -0.27% percent or -69.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open higher on wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
Infosys is a ‘Buy’ call with a target price of Rs 830 and a stop loss of Rs 795.
Nestle is a ‘Buy’ call with a target price of Rs 14,400 and a stop loss of Rs 13,750.
For the day the Dow is trading at 26,573.04 with a loss of –1.28% percent or –343.79 point. The S&P 500 is trading at 2,940.25 with a loss of –1.23% percent or –36.49 point. The Nasdaq Composite is trading at 7,908.68 with a loss of –1.13% percent or –90.65 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,778.61 with a loss of –0.49% percent or –106.63 point. Hong Kong’s Hang Seng is trading at 26,018.34 with a loss of –0.28% percent or –73.93 point. China’s Shanghai Composite is trading at 2,905.19 with a loss of –0.92%percent or –26.98 point. India’s BSE Sensex is trading at 38,305.41 with a loss of –0.94% percent or –361.92 point at 12:15 PM.