The Nifty Future is trading at 12,336.50 with a loss of -0.49% percent or -60.50 point. The Nikkei 225 Future is trading at 23,927.50 up with +0.07% percent or +17.50 point.The Hang Seng Future is trading at 28,796.50 with a loss of -0.01% percent or -2.50 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open lower on Wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.
Tata Power is a ‘Sell’ call with a target price of Rs 57 and a stop loss of Rs 62
Colgate is a ‘Buy’ call with a target price of Rs 1550 and a stop loss of Rs 1490.
Britannia is a ‘Buy’ call with a target price of Rs 3200 and a stop loss of Rs 3049.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 28,939.67 up with +0.11%% percent or +32.62 point. The S&P 500 is trading at 3,283.15 with a loss of –0.15% percent or -4.98 point. The Nasdaq Composite is trading at 9,251.33 with a loss of –0.24%percent or –22.60 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,916.58 with a loss of –0.45% percent or –108.59 point. Hong Kong’s Hang Seng is trading at 28,743.60 with a loss of –0.49% percent or –141.54 point. China’s Shanghai Composite is trading at 3,090.04 with a loss of –0.54% percent or –16.78 point. India’s BSE Sensex is trading at 41,694.56 with a loss of –0.62% percent or –258.07 point at 12:15 PM.