Special Report 02-Nov-2018
Global markets at a glance Asian equity markets rose on Friday as China and the United States expressed optimism about resolving their bruising trade war, though a warning from tech giant Apple Inc on holiday sales amid emerging market weakness could weigh on technology shares. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.46 percent, adding to the previous session's strong gains. But that came after a sharp 10.3 percent dive in October, its worst month since August 2015.Australian shares were down 0.18 percent, while Japan's Nikkei stock index was up 1.27 percent. The improved mood in early Asian trade followed a rise in US shares overnight, with the Dow Jones Industrial Average and the S&P 500 each gaining 1.06 percent while the Nasdaq Composite rallied 1.75 percent. PREVIOUS DAY ROUNDOFF Benchmark indices started off November month on a flat note on Thursday after losing around 5 percent in previous month. It was a roller coaster ride for the market amid mixed quarterly earnings and October sales. The broader markets outperformed frontliners with Nifty Midcap index gaining 0.87 percent. The Nifty index after opening sharply higher at 10,441.70, which was also the intraday high, traded in a tight range of 70 points throughout the session. It touched a day's low of 10,341.90, before closing 6.10 points lower at 10,380.50. The index made small bearish candle on daily charts, which resembles a 'Bearish Belt Hold' kind of pattern. According to Pivot charts, the key support level is placed at 10,334.3, followed by 10,288.1. If the index starts moving upwards, key resistance levels to watch out are 10,434.3 and then 10,488.1. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[19.25pts], Consumption[52.85pts],PSE[22.40pts],CPSE [+8.00pts],Energy[92.85pts],FMCG[275.80pts],Auto [75.95pts],Pharma[222.20pts],IT[584.25pts],Metal[ 36.10pts],Realty[1.40 pts], Fin Serv sector[241.30pts].
World Indices Index
Value
% Change
DJIA
25380.74
1.06
S&P500
2,658.69
-1.73
NASDAQ FTSE100
7434.06 7,026.32
1.72
NIKKEI HANG SENG
21,818 26026
0.60 2.34
CMP
Change
1.32
Top Gainers Company
% Chg
Yes Bank
204.05
15.95
8.48
Hindalco
231.25
10.85
4.92
695.9
21.55
3.2
Axis Bank
602.15
19.75
3.39
BPCL
283.45
8.35
3.04
UPL
Top Losers Company
HCL Tech Dr Reddys Labs Tech Mahindra Bharti Infratel
CMP
Change
% Chg
1,008.90 2,461.60 720.7 261.2
-46.7 -80.85 -23.2 -8.05
-4.42 -3.18 -3.12 -2.99
666.7
-19.7
-2.87
Infosys
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
ADANIPOWER
46.1
9.44
4.35
BLUECHIP
0.65
7.69
0.05
IDFNIFTYET
107.47
0.11
0.12
KSB
800.25
-1.03
-8.25
LIQUIDETF
999.99
0
0.01
Stocks at 52 Week’s LOW Symbol
Prev. Close Change
%Chg
21STCENMGM 8KMILES ADHUNIKIND AGARIND AIFL
22.7 68.3 43.25 187.7 83.65
1.76 -3.66 -2.2 -0.93 -4.96
0.4 -2.5 -0.95 -1.75 -4.15
Indian Indices Company
CMP
Change
% Chg
Nifty 50
10380.50
-6.10
-0.06
BSE Sensex
34431.97
-10.08
-0.03
_____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd www.epicresearch.co