The NSE Nifty Future is trading at 11,381.50  with a loss -0.42% percent or -48.35 point. The Nikkei 225 Future is trading at 21,627.50  with a loss of -0.38% percent or -82.50 point.The Hang Seng Future is trading at 25,972.50  with a loss of  -0.27% percent or -69.50 point.

TODAY’S FACTORS AND EVENTS

Domestic equity market is likely to open higher on wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

Infosys is a ‘Buy’ call with a target price of Rs 830 and a stop loss of Rs 795.

Nestle is a ‘Buy’ call with a target price of Rs 14,400 and a stop loss of Rs 13,750.

PREVIOUS DAY ACTIVITY
 For the day the nifty closed at 11,359.90  with  a loss of –1.00% percent or –114.55 point.Nikkei 225 is trading at 21,778.61 with a loss of –0.49% percent or –106.63 point. Hong Kong’s Hang Seng is trading at 26,042.69  with a loss of –0.19% percent or  –49.58 point. 

WORLD MARKETS

For the day the Dow is trading at 26,573.04 with a loss of –1.28% percent or –343.79  point. The S&P 500 is trading at 2,940.25  with a loss of –1.23% percent or –36.49 point. The Nasdaq Composite is trading at 7,908.68  with a loss of –1.13% percent or  –90.65 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,778.61 with a loss of –0.49% percent or  –106.63 point. Hong Kong’s Hang Seng is trading at 26,018.34 with a loss of –0.28% percent or  –73.93 point. China’s Shanghai Composite is trading at 2,905.19 with a loss of –0.92%percent or –26.98 point. India’s BSE Sensex is trading at 38,305.41 with a loss of  –0.94% percent or –361.92  point at 12:15 PM.