The SGX Nifty Future is trading at 11,649.50 up with +0.27% percent or +31.50 point. The Nikkei 225 Future is trading at 22,657.50 up with +0.03% percent or +7.50 point.The Hang Seng Future is trading at 26,524.50 with a loss of -0.96% percent or -256.50 point.

TODAY’S FACTORS AND EVENTS

Domestic equity market is likely to open lower on wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:28 am the SGX Nifty was 57.50 points or 0.49 per cent lower at 11,641.

RIL is a ‘Buy’ call with a target price of Rs 1460 and a stop loss of Rs 1390

NIIT Tech is a ‘Buy’ call with a target price of Rs 1500 and a stop loss of Rs 1410.

PREVIOUS DAY ACTIVITY
 For the day the nifty closed at 11,662.50  up with +0.38% percent or +44.50  point.Nikkei 225 is trading at 22,625.38  up with +0.34% percent or +76.48 point. Hong Kong’s Hang Seng is trading at 26,533.81 with a loss of –0.93% percent or –250.31 point.

WORLD MARKETS

For the day the Dow is trading at 26,788.10 with a loss of –0.15% percent or  –39.54  point. The S&P 500 is trading at 2,995.99  with a loss of –0.36% percent or ?10.73 point. The Nasdaq Composite is trading at 8,104.30  with a loss of –0.72% percent or –58.69 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,625.38 up with +0.34% percent or +76.48 point. Hong Kong’s Hang Seng is trading at 26,557.74 with a loss of –0.85% percent or ?228.46 point. China’s Shanghai Composite is trading at 2,940.56 with a loss of –0.47% percent or –0.47%  point. India’s BSE Sensex is trading at 39,138.96 up with +0.45% percent or +175.12 point at 12:15 PM.