The  Nifty Future is trading at 11,958.00 with a loss of -0.74% percent or -89.70 point. The Nikkei 225 Future is trading at 23,373.00 with a loss of -0.20% percent or -47.00 point.The Hang Seng Future is trading at 26,514.00  up with  +1.02% percent or +268.00  point.

TODAY’S FACTORS AND EVENTS

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

At 8:25 am the SGX Nifty was 25 points or 0.21 per cent higher at 12,069.

L&T is a ‘Buy’ call with a target price of Rs 1350 and a stop loss of Rs 1275.

ZEEL is a ‘Buy’ call with a target price of Rs 360 and a stop loss of Rs 268.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 11,928.75 with a loss of –0.75% percent or –89.65 point.Nikkei 225 is trading at 23,354.40  up with +0.23% percent or +54.31 point. Hong Kong’s Hang Seng is trading at 26,498.37  up with +1.07%  percent or +281.33 point. 

WORLD MARKETS

For the day the Dow is trading at 27,677.79 up with +0.10% percent or  +28.01 point. The S&P 500 is trading at 3,117.43 up with +0.15% percent or +4.67 point. The Nasdaq Composite is trading at 8,570.70 up with +0.047% percent or +4.03 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,354.40 up with +0.23% percent or +54.31 point. Hong Kong’s Hang Seng is trading at 26,498.37 up with +1.07% percent or +281.33 point. China’s Shanghai Composite is trading at 2,912.01 up with +0.43% percent or +12.55 point. India’s BSE Sensex is trading at 40,587.41 with a loss of –0.47% percent or –192.18  point at 12:15 PM.