The Sgx Nifty Future is trading at 11,414.50 up with +2.22% percent or +247.50 point. The Nikkei 225 Future is trading at 21,458.00 up with +1.36% percent or +288.00 point.The Hang Seng Future is trading at 26,310.50 up with +0.54% percent or +140.50 point.
TODAY’S FACTORS AND EVENTS
Technical analysts suggest Nifty could test the crucial support level of 11,000 this week. A fall below 11,000 could trigger fresh selling and push the index towards 10,700 levels. Stocks such as United Spirits, HDFC Bank Maruti, Asian PaintsNSE 1.27 % and Ipca Labs can be good picks technically for 10-15 per cent upside in the short term, say analysts
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 25,409.36 with a loss of –1.39% percent or –357.28 point. The S&P 500 is trading at 2,954.22 with a loss of –0.82% 8percent or –24.54 point. The Nasdaq Composite is trading at 8,567.37 with +0.010% percent or +0.89 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,344.08 up with +0.95% percent or +201.12 point. Hong Kong’s Hang Seng is trading at 26,286.71 up with +0.60% percent or +156.78 point. China’s Shanghai Composite is trading at 2,970.93 up with +3.15% percent or +90.63 point. India’s BSE Sensex is trading at 38,891.62 up with +1.55% percent or +594.33 point at 12:15 PM.