The Nifty Future is trading at 10,918.00 with a loss of -3.00% percent or -337.35 point. The Nikkei 225 Future is trading at 20,688.00 with a loss of -0.11% percent or –22.00 point.The Hang Seng Future is trading at 26,077.00 with a loss of -2.35% percent or –627.00 point.
TODAY’S FACTORS AND EVENTS
Domestic equity market is likely to open lower on Friday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues
Nifty futures on the Singapore Exchange traded 364 points or 3.25 per cent lower at 10,865, indicating a gap-down start for Dalal Street.
Hindalco is a ‘Sell’ call with a target price of Rs 140 and a stop loss of Rs 162.
RIL is a ‘Sell’ call with a target price of Rs 1285 and a stop loss of Rs 1340.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,121.28 with a loss of –3.58% percent or –969.58 point. The S&P 500 is trading at 3,023.94 with a loss of –3.39%percent or –106.18 point. The Nasdaq Composite is trading at 8,738.60 with a loss of –3.10% percent or –279.49 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,749.75 with a loss of –2.72% percent or –579.37 point. Hong Kong’s Hang Seng is trading at 26,156.43 with a loss of –2.28% percent or –611.44 point. China’s Shanghai Composite is trading at 3,034.51 with a loss of –1.21% percent or –37.17 point. India’s BSE Sensex is trading at 37,419.73 with a loss of –2.73% percent or –1,050.88 point at 12:15 PM.