The  Nifty Future is trading at 12,053.20  with a loss of -1.66% percent or -203.20 point. The Nikkei 225 Future is trading at 23,087.50 with a loss of -0.05% percent or –12.50 point.The Hang Seng Future is trading at 28,194.50  with a loss of -0.87% percent or -248.50  point.

TODAY’S FACTORS AND EVENTS

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

TCS is a ‘Buy’ call with a target price of Rs 2260 and a stop loss of Rs 2165.

Century Textiles is a ‘Sell’ call with a target price of Rs 460 and a stop loss of Rs 486.

NIIT Tech is a ‘Buy’ call with a target price of Rs 1665 and a stop loss of Rs 1615.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 11,997.00   with a loss of –1.88% percent or –229.65  point.Nikkei 225 is trading at 23,204.86 with a loss of –1.91%percent or –451.76 point. Hong Kong’s Hang Seng is trading at 28,226.19 with a loss of –0.79%  percent or –225.31  point. 

WORLD MARKETS

For the day the Dow is trading at 28,634.88  with a loss of –0.81% percent or233.92 point. The S&P 500 is trading at 3,234.85 with a loss of –0.71% percent or -23.00 point. The Nasdaq Composite is trading at 9,020.77 with a loss of –0.79% percent or 71.42  point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,204.86 with a loss of –1.91% percent or -451.76 point. Hong Kong’s Hang Seng is trading at 28,167.92 with a loss of –1.00% percent or –283.58 point. China’s Shanghai Composite is trading at 3,083.41  with a loss of –0.012% percent or –0.38   point. India’s BSE Sensex is trading at 40,765.85 with a loss of –1.69% percent or –698.76 point at 12:15 PM.