The NSE Nifty Future is trading at 11,898.50 up with +0.87% percent or +103.05 point. The Nikkei 225 Future is trading at 22,852.50  up with +0.05% percent or +12.50 point.The Hang Seng Future is trading at 26,632.50  with a loss of -0.35% percent or -93.50 point.

TODAY’S FACTORS AND EVENTS

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

NMDC is a ‘Buy’ call with a target price of Rs 120 and a stop loss of Rs 107.

Axis Bank is a ‘Buy’ call with a target price of Rs 780 and a stop loss of Rs 715.

ZEEL is a ‘Sell’ call with a target price of Rs 225 and a stop loss of Rs 245.

PREVIOUS DAY ACTIVITY
 For the day the nifty closed at 11,851.15  up with +0.55% percent or 62.35 point.Nikkei 225 is trading at 22,843.12   with a loss of –0.57% percent or –131.01 point. Hong Kong’s Hang Seng is trading at 26,667.71  with a loss of –0.44% percent or –119.05 point. 

WORLD MARKETS

For the day the Dow is trading at 27,071.42 with a loss of –0.071% percent or  –19.30 point. The S&P 500 is trading at 3,036.89 with a loss of –0.083% percent or –2.53 point. The Nasdaq Composite is trading at 8,276.85  with a loss of –0.59% percent or –49.13 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,843.12 with a loss of –0.57% percent or –131.01 point. Hong Kong’s Hang Seng is trading at 26,623.27 with a loss of –0.61% percent or –163.49 point. China’s Shanghai Composite is trading at 2,939.32 with a loss of –0.50% percent or –14.86  point. India’s BSE Sensex is trading at 40,093.46 up with +0.66% percent or +261.62 point at 12:15 PM.