The Nifty Future is trading at 12,334.80 up with +0.36% percent or +44.80 point. The Nikkei 225 Future is trading at 23,782.50 with a loss of -0.07% percent or -17.50 point.The Hang Seng Future is trading at 28,977.50 up with +1.09% percent or +311.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open higher on Monday 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 575 and a stop loss of Rs 530.
Tata Chemicals is a ‘Buy’ call with a target price of Rs 705 and a stop loss of Rs 682.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 28,745.09 up with +0.56% percent or +161.41 point. The S&P 500 is trading at 3,253.05 up with +0.49% percent or +15.87 point. The Nasdaq Composite is trading at 9,129.24 up with +0.67% percent or +60.66 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,204.76 with a loss of –1.57% percent or -370.96 point. Hong Kong’s Hang Seng is trading at 28,053.09 with a loss of -0.95% percent or –268.97point. China’s Shanghai Composite is trading at 3,066.89 with a loss of –1.22% percent or –37.91 point. India’s BSE Sensex is trading at 40,711.80 with a loss of –0.39% percent or –157.67 point at 12:15 PM.