The SGX Nifty Future is trading at 11,610.00 with a loss of -0.05%percent or -5.50 point. The Nikkei 225 Future is trading at 22,742.50 with a loss of -0.12% percent or -27.50 point.The Hang Seng Future is trading at 26,688.50 with a loss of -0.27% percent or -72.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open lower on Friday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
Tata Motors is a ‘Buy’ call with a target price of Rs 150 and a stop loss of Rs 125.
Grasim is a ‘Sell’ call with a target price of Rs 693 and a stop loss of Rs 715.
M&M is a ‘Sell’ call with a target price of Rs 560 and a stop loss of Rs 598.
WORLD MARKETS
For the day the Dow is trading at 26,805.53 with a loss of –0.11% percent or –28.42 point. The S&P 500 is trading at 3,010.29 up with +0.19% percent or +5.77 point. The Nasdaq Composite is trading at 8,185.80 up with +0.81% percent or +66.00 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,799.81 up with +0.22% percent or +49.21 point. Hong Kong’s Hang Seng is trading at 26,676.34 with a loss of –0.45% percent or ?121.61 point. China’s Shanghai Composite is trading at 2,954.93 up with +0.48% percent or +14.01 point. India’s BSE Sensex is trading at 38,802.10 with a loss of –0.55% percent or –215.18 point at 12:15 PM.