Special Report 05-Oct-2018
Global markets at a glance Wall Street stocks stumbled on Thursday as U.S. Treasury yields continued their ascent to multi-year highs on the latest round of strong economic data, building concerns for an acceleration of inflation. The Dow suffered its first decline in six sessions, while both the S&P and Nasdaq had their worst day since June 25. The yield on the benchmark 10-year Treasury note climbed to a seven-year high of 3.232 percent, marking its largest daily jump since the 2016 US presidential election. Data on jobless claims and factory orders were the latest in a round of strong economic reports this week, putting the focus squarely on Friday's payrolls report for September. Asian shares ticked down on Wednesday and the euro held at six-week lows as Italy's mounting debt and Rome's budget plan set it on a collision course with the European Union. Japan's Nikkei eased 0.5 percent on a stronger yen. Australian shares gained 0.3 percent while New Zealand's benchmark index fell 0.2 percent. E-Minis for the S&P 500 were a shade softer as were Dow futures. Investors remained jittery even as a new US-MexicoCanada trade agreement appeared to ease global trade tensions. A controversial clause in the trilateral pact put the focus back on the Sino-US tariff dispute. Previous day Roundup The 50-share NSE index opened sharply lower at 10,754.70 which was highest point of the day and fell further as the day progressed to hit an intraday low of 10,547.25 amid volatility. The index closed 259 points lower at 10,599.30, the lowest level since June 28, 2018. The index formed a 'Bearish Belt Hold' kind of pattern on the daily candlestick charts. "Bears continued to rule the roost with Nifty50 registering a gap down opening below its 200-Day EMA before signing off the session with a Bearish Belt Hold kind of formation.India VIX moved up by 8.05 percent at 19.58 levels. Volatility is not cooling down which is not giving the relief to bulls and suggests a tight bear grip in the market. The Nifty Bank index closed at 24,819.30, down 250.60 points on Thursday. The important Pivot level, which will act as crucial support for the index, is placed at 24,582.46, followed by 24,345.63. On the upside, key resistance levels are placed at 24,974.76, followed by 25,130.23. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-102.55], Co nsum ptio n[ -97 .25 pts],Bank[ -250 .6 0 pts],Auto [ 168.30pts],FinService[-107.75pts],Fmcg[-867.95pts],Media [-11.00pts],Pharma[-320.15pts],IT[-468.70pts],Metal[19.65pts],Realty[-1.55 pts], Pvt Bank[-62.65pts].
World Indices Index
Value
% Change
26,808.39
-0.45
S&P500
2,918.25
-0.54
NASDAQ
7,623.25
-0.54
FTSE100
7,510.28
0.48
23,940.74 26,635.68
-0.71 -1.71
DJI
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
ICICI Bank
316.50
12.80
4.21
Axis Bank
586.25
14.00
2.45
3,943.65
83.35
2.16
Bharti Infratel
256.15
4.45
1.77
Yes Bank
215.00
2.25
1.0
CMP
Change
% Chg
217.15 331.15 33.80 1,122.25 21,907.85
-34.00 -46.70 -2.90 -82.85 -1327.90
-13.54 -12.36 -7.90 -6.87 -5.71
UltraTechCement
Top Losers Company
HPCL BPCL Vodafone Idea Reliance Eicher Motors
Stocks at 52 Week’s HIGH ADANITRANS
154.85
-5.35
-3.45
37.5
1.85
4.93
ICICINXT50
270.9
29.1
10.74
JAINSTUDIO
5.55
0.25
4.5
LIQUIDETF
1000
-0.01
0
643.46
2.54
0.39
Prev. Close
Change
%Chg
27.8 172.75 9.05 329.75 154.85
-0.55 -8.6 -0.75 -12.5 -5.35
-1.98 -4.98 -8.29 -3.79 -3.45
AIONJSW
N100
Stocks at 52 Week’s LOW Symbol
21STCENMGM 8KMILES A2ZINFRA ADANIPORTS ADANITRANS
Indian Indices Company
CMP
Change
% Chg
NIFTY
10599.30
-259.00
-2.39
SENSEX
35169.16
-806.47
-2.24
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