The NSE Nifty Future is trading at 10,838.20 up with +0.84% percent or +89.75 point. The Nikkei 225 Future is trading at 19,927.50 with a loss of -0.46% percent or -92.50 point . The Hang Seng Future is trading at 25,494.00 with a loss of -0.57% percent or -147.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open higher on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed Asian cues.
At 8:25 am the SGX Nifty was 39 points or 0.36 per cent up at 10,800.50.
Jet Airways is a ‘Buy’ call with a target price of Rs 300 and a stop loss of Rs 255
Axis Bank is a ‘Buy’ call with a target price of Rs 624 and a stop loss of Rs 611.
Indiabulls Housing Finance is a ‘Buy’ call with a target price of Rs 866 and a stop loss of Rs 814.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 22,878.45 up with +4.98% percent or +1,086.25 point. The S&P 500 is trading at 2,467.70 up with +4.96% percent or +116.60 point. The Nasdaq Composite is trading at 6,554.36 up with +5.84% percent or +361.44 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,077.62 up with +3.88% percent or +750.56 point. Hong Kong’s Hang Seng is trading at 25,557.57 with a loss of -0.37% percent or -93.81 point. China’s Shanghai Composite is trading at 2,483.09 with a loss of -0.61% percent or -15.21 point. India’s BSE Sensex is trading at 35,908.16 with up +0.72% percent or +258.22 point at 12:15 PM.