The  Nifty Future is trading at 12,217.80 up with +0.75% percent or +90.95 point. The Nikkei 225 Future is trading at 23,848.00 with a loss of -0.09% percent or –22.00  point.The Hang Seng Future is trading at 27,733.50  up with +0.60% percent or +164.50 point.

TODAY’S FACTORS AND EVENTS

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

Sun TV is a ‘Buy’ call with a target price of Rs 520 and a stop loss of Rs 493.

Balkrishna Industries is a ‘Buy’ call with a target price of Rs 1200 and a stop loss of Rs 1110.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 12,191.85 up with +0.69% percent or +83.95  point.Nikkei 225 is trading at 23,861.21  up with +0.74% percent or +175.23   point. Hong Kong’s Hang Seng is trading at 27,823.66 up with +0.87% percent or +239.78  point. 

WORLD MARKETS

For the day the Dow is trading at 29,276.34 with a loss of –0.0016% percent or –0.48  point. The S&P 500 is trading at 3,357.75  up with +5.66 percent or +24.38 point. The Nasdaq Composite is trading at 9,638.94 up with +0.11% percent or +10.55 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,861.21  up with 0.74% percent or +175.23 point. Hong Kong’s Hang Seng is trading at 27,880.09 up with +1.07% percent or +296.21 point. China’s Shanghai Composite is trading at 2,926.90 up with +0.87% percent or +25.22 point. India’s BSE Sensex is trading at 41,579.76 up with +0.88% percent or +363.62 point at 12:15 PM.