The Sgx Nifty Future is trading at 9,979.00 up with +5.27% percent or +500.00 point. The Nikkei 225 Future is trading at 17,055.00 up with +1.58% percent or +265.00 point.The Hang Seng Future is trading at 23,875.50 with a loss of -0.83% percent or –199.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open lower on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
At 8:25 am the SGX Nifty was 467 points or 4.47 per cent lower at 9,988.
MRF is a ‘Sell’ call with a target price of Rs 61,000 and a stop loss of Rs 64,000.
Indiabulls Housing is a ‘Sell’ call with a target price of Rs 183 and a stop loss of Rs 202.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 21,200.62 with a loss of –9.99% percent or –2,352.60 point. The S&P 500 is trading at 2,480.64 with a loss of –9.51% percent or –260.74 point. The Nasdaq Composite is trading at 7,201.80 with a loss of –9.43% percent or –750.25 point.
In other parts of world, Japan’s Nikkei 225 is trading at 17,431.05 with a loss of –6.08% percent or –1,128.58 point. Hong Kong’s Hang Seng is trading at 24,079.53 with a loss of –0.94% percent or –229.54 point. China’s Shanghai Composite is trading at 2,887.43 with a loss of –1.23% percent or –36.06 point. India’s BSE Sensex is trading at 34,223.99 with 4.41% percent or +1,445.85 point at 12:15 PM.