The  SgxNifty Future is trading at 11,765.80 up with +0.69% percent or +80.20 point. The Nikkei 225 Future is trading at 23,420.00 with a loss of -0.34% percent or -80.00 point.The Hang Seng Future is trading at 24,345.50 up with +1.11% percent or +266.50 point.

TODAY’S FACTORS AND EVENTS

HCL Technologies’ 2QFY21 earnings report reflects healthy broad-based revenue traction, which was the key positive takeaway, along with EBIT margin expansion, which came in at its highest level since FY15. We are enthused with the revenue recovery seen after a challenging 1QFY21, and believe company is well-positioned to ride this medium-term upswing in IT spend with its broad portfolio of services, including well established cloud position, ER&D services and P&P differentiator. We have an accumulate rating on company with a target price of Rs 893.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 11,762.45 up with + percent or +82.10 point.Nikkei 225 is trading at 23,410.63 with a loss of –percent or  -96.60 point. Hong Kong’s Hang Seng is trading at 24,386.79 up with + percent or +228.25 point.

WORLD MARKETS

For the day the Dow is trading at 28,494.20 with a loss of –percent or –19.80 point. The S&P 500 is trading at 3,483.34 with  a loss of – percent or 5.33 point. The Nasdaq Composite is trading at 11,713.87 with a loss of – percent or –54.86 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,410.63 with a loss of – percent or 96.60 point. Hong Kong’s Hang Seng is trading at 24,423.30 with percent or +264.76 point. China’s Shanghai  Composite is trading at 3,336.36 with  percent or +4.18 point. India’s BSE Sensex is trading at 39,982.39 up with +percent or +253.98 point at 12:15 PM.

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