The  Sgx Nifty Future is trading at 12,141.50 with a loss of -0.41% percent or -49.50 point. The Nikkei 225 Future is trading at 23,977.50  with a loss of -0.18% percent or -42.50 point.The Hang Seng Future is trading at 28,328.50  up with +1.53% percent or +427.50 point.

TODAY’S FACTORS AND EVENTS

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

The SGX Nifty was 28.50 points or 0.23 per cent higher at 12,219.50.

Century Textiles is a ‘Buy’ call with a target price of Rs 573 and a stop loss of Rs 556.

Axis Bank is a ‘Sell’ call with a target price of Rs 695 and a stop loss of Rs 731.

PREVIOUS DAY ACTIVITY

 For the day the  Sgx nifty closed at 12,144.50 with a loss of -0.38% percent or –46.50  point.Nikkei 225 is trading at 24,031.35 up with +0.70%% percent or +166.79  point. Hong Kong’s Hang Seng is trading at 28,341.04 up  with +1.27% percent or +355.71 point.

WORLD MARKETS

For the day the Dow is trading at 29,196.04 with a loss of –0.52% percent or –152.06  point. The S&P 500 is trading at 3,320.79  with a loss of –0.27% percent or -8.83 point. The Nasdaq Composite is trading at 9,370.81 with a loss of –0.19% percent or –18.14 point.

In other parts of world, Japan’s Nikkei 225 is trading at 24,031.35 up with +0.70% percent or +166.79   point. Hong Kong’s Hang Seng is trading at 28,362.09 up with +1.35% percent or +376.76  point. China’s Shanghai Composite is trading at 3,060.75 up with +0.28% percent or +8.61 point. India’s BSE Sensex is trading at 41,234.12 with a loss of –0.22% percent or –89.69 point at 12:15 PM.