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  nifty closed at 12,313.90 up with +0.47% percent or +57.10  point.Nikkei 225 is trading at 23,850.57 up with +0.47% percent or +110.70  point. Hong Kong’s Hang Seng is trading at 28,954.94  up with +1.11%  percent or +316.74 point. 

WORLD MARKETS

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.