The Nifty Future is trading at 12,322.50 up with +0.58% percent or +70.60 point. The Nikkei 225 Future is trading at 23,605.00 up with +0.69% percent or +162.50 point.The Hang Seng Future is trading at 28,581.00 with +1.05% percent or +296.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open flat on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
M&M is a ‘Buy’ call with a target price of Rs 570 and a stop loss of Rs 525.
Torrent Power is a ‘Buy’ call with a target price of Rs 300 and a stop loss of Rs 277.
Hero MotoCorp is a ‘Sell’ call with a target price of Rs 2400 and a stop loss of Rs 2460.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 28,538.44 with a loss of –0.37% percent or –106.82 point. The S&P 500 is trading at 3,230.78 up with +0.29% percent or +9.49 point. The Nasdaq Composite is trading at 8,972.60 up with +0.30% percent or +26.61 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,656.62 with a loss of –0.76% percent or -181.10 point. Hong Kong’s Hang Seng is trading at 28,502.44 up with 1.11% percent or +312.69 point. China’s Shanghai Composite is trading at 3,086.10 up with +1.18% percent or +35.98 point. India’s BSE Sensex is trading at 41,520.30 up with +0.52% percent or +214.28 point at 12:15 PM.