The Sgx Nifty Future is trading at 11,910.50 up with +0.03% percent or +3.50 point. The Nikkei 225 Future is trading at 23,305.00 with a loss of -0.28% percent or -65.00 point.The Hang Seng Future is trading at 26,638.00 up with +0.84% percent or +222.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open flat on Wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
At 8:25 am the SGX Nifty was 8.50 points or 0.07 per cent higher at 11,915.50.
ET Now spoke to various experts and here’s what they have to recommend for today’s trade:
Eicher Motors is a ‘Buy’ call with a target price of Rs 22,000 and a stop loss of Rs 20,600.
Indigo is a ‘Sell’ call with a target price of Rs 1300 and a stop loss of Rs 1345.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 27,881.72 with a loss of –0.100% percent or –27.88 point. The S&P 500 is trading at 3,132.52 with a loss of –0.11% percent or –3.44 point. The Nasdaq Composite is trading at 8,616.18 with a loss of –0.065% percent or –5.64 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,391.86 with a loss of –0.078% percent or –18.33 point. Hong Kong’s Hang Seng is trading at 26,641.78 up with +0.78% percent or +205.16 point. China’s Shanghai Composite is trading at 2,924.42 up with +0.24% percent or +7.10 point. India’s BSE Sensex is trading at 40,274.43 up with +0.086% percent or +34.55 point at 12:15 PM.