The  Nifty Future is trading at 13,942.20 up with +1.32% percent or +182.40 point. The Nikkei 225 Future is trading at 26,810.00 up with +0.77% percent or +205.00 point.The Hang Seng Future is trading at 26,403.50 with a loss of -0.13% percent or -35.50 point.

TODAY’S FACTORS AND EVENTS

Rusmik Oza of Kotak Securities, who has over 23 years of experience in the capital market, expects Nifty to go anywhere between 14,000 and 15,000 sometime in the first quarter of CY21.
Oza, Executive Vice President, Head of Fundamental Research at Kotak Securities, sees a sharp recovery in FY22E net profit from automobiles, banks, metals, and the telecom sector. Our updated free float EPS for Nifty-50 stands at Rs.488 for FY21E, Rs.628 for FY22E, and Rs.746 for FY23E, he said in an interview with Moneycontrol’s Kshitij Anand.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 13,859.40 up with + percent or  +110.15 point.Nikkei 225 is trading at 26,854.03 with +percent or  +197.42 point. Hong Kong’s Hang Seng is trading at 26,345.23  with a loss of percent or41.33 point.

WORLD MARKETS

For the day the Dow is trading at 30,199.87 up with +percent or +70.04 point. The S&P 500 is trading at 3,703.06 with + percent or +13.05 point. The Nasdaq Composite is trading at 12,804.73 up with + percent or  +33.62 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 26,854.03 up with +percent or +197.42 point. Hong Kong’s Hang Seng is trading at 26,303.05 with a loss of –percent or -83.51 point. China’s Shanghai  Composite is trading at 3,390.41 with a loss of – percent or?6.15 point. India’s BSE Sensex is trading at 47,239.15 up with +percent or  +265.61 point at 12:15 PM.

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