The SGX Nifty Future is trading at 12,017.00 up with +0.30% percent or +35.50 point. The Nikkei 225 Future is trading at 23,075.00 with a loss of -0.28% percent or -65.00 point.The Hang Seng Future is trading at 26,830.50 with a loss of -0.92% percent or -248.50 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.
Grasim is a ‘Buy’ call with a target price of Rs 825 and a stop loss of Rs 775.
RIL is a ‘Buy’ call with a target price of Rs 1535 and a stop loss of Rs 1500.
GAIL is a ‘Buy’ call with a target price of Rs 135 and a stop loss of Rs 121.
WORLD MARKETS
For the day the Dow is trading at 28,004.89 up with +0.80% percent or +222.93 point. The S&P 500 is trading at 3,120.46 up with +0.77% percent or +23.83 point. The Nasdaq Composite is trading at 8,540.83 up with +0.73% percent or +61.81 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,416.76 up with +0.49% percent or +113.44 point. Hong Kong’s Hang Seng is trading at 26,694.17 up with +1.40% percent or +367.51 point. China’s Shanghai Composite is trading at 2,909.20 up with +0.62% percent or +17.86 point. India’s BSE Sensex is trading at 40,331.58 with a loss of –0.062% percent or –25.11 point at 12:15 PM.