The NSE Nifty Future is trading at 11,696.00 with a loss of -0.55% percent or -64.75 point. The Nikkei 225 Future is trading at 21,780.00 up with +0.05% percent or +10.00 point.The Hang Seng Future is trading at 30,108.50 up with +0.35% percent or +105.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open flat on Monday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
At 8:29 am the SGX Nifty was 4.50 points or 0.04 per cent up at 11,777.50.
Tata Steel is a ‘Buy’ call with a target price of Rs 580 and a stop loss of Rs 535.
Intellect Design is a ‘Buy’ call with a target price of Rs 244 and a stop loss of Rs 218.
WORLD MARKETS
For the day the Dow is trading at 26,424.99 up with +0.15% percent or +40.36 point. The S&P 500 is trading at 2,892.74 up with +0.46% percent or +13.35 point. The Nasdaq Composite is trading at 7,938.69 up with +0.59% percent or +46.91 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,761.65 with a loss of -0.21% percent or -45.85 point. Hong Kong’s Hang Seng is trading at 30,052.17 up with +0.39% percent or +115.85 point. China’s Shanghai Composite is trading at 3,242.07 with a loss of -0.14% percent or ?4.50 point. India’s BSE Sensex is trading at 38,779.57 with a loss of -0.21% percent or -82.66 point at 12:15 PM.
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