The SGX Nifty Future is trading at 11,345.00 with a loss of –0.09% percent or -10.50 point. The Nikkei 225 Future is trading at 21,347.50 up with +0.36% percent or +77.50 point.The Hang Seng Future is trading at 26,142.00 up with +0.75% percent or +194.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open lower on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and weak Asian cues
Escorts is a ‘Buy’ call with a target price of Rs 627 and a stop loss of Rs 605.
Dabur India is a ‘Sell’ call with a target price of Rs 426 and a stop loss of Rs 444.
SRF is a ‘Sell’ call with a target price of Rs 2,640 and a stop loss of Rs 2,700.
WORLD MARKETS
For the day the Dow is trading at 26,078.62 with a loss of –1.86% percent or –494.42 point. The S&P 500 is trading at 2,887.61 with a loss of –1.79% percent or –52.64 point. The Nasdaq Composite is trading at 7,785.25 with a loss of –1.56% percent or –123.44 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,341.74 with a loss of –2.01% percent or –436.87 point. Hong Kong’s Hang Seng is trading at 26,116.10 up with +0.28% percent or +73.41 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 38,109.65 with a loss of –0.51% percent or –195.76 point at 12:15 PM.