Special Report 08-Oct-2018
Global markets at a glance US stocks dropped for a second straight day on Friday, weighed down by another rise in Treasury yields in the wake of a solid jobs report that capped off a week of robust data. The losses were led by heavyweight stocks in the technology and communication services sectors including all members of the so-called FAANG group Facebook , Amazon , Apple , Netflix and Alphabet . Online retailer Amazon, part of the consumer discretionary sector, lost 1 percent.Non-farm payrolls increased less than expected in September, likely due to the effect of Hurricane Florence, though data for July and August was revised higher. Shares in Asia stumbled in early trade on Monday as investors waited with bated breath as China’s markets prepare to reopen following a week-long holiday and after its central bank cut banks’ reserve requirements in a bid to support growth. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3 percent, after major stock markets around the world fell for a second straight day on Friday. Australian shares were down 1 percent. Markets in Japan are closed for a holiday.Investors will be focused on markets in China, following a decision on Sunday by the People’s Bank of China (PBOC) to cut the level of cash that banks must hold as reserves in a bid to lower financing costs and spur growth amid concerns over the economic drag from an escalating trade dispute with the United States. Previous day Roundup The market continued to see relentless selling pressure between October 1 and 5, with the Nifty falling 5.6 percent to close a tad above 10,300 levels. The surprise move on rates by Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC), the consistent fall in the rupee and crude volatility attributed to the selling pressure. The Nifty 50 closed at a six-month low on October 5, making a large bearish candle on the daily as well as weekly charts. Experts said the sharp fall in the last few sessions indicated that there could be a relief rally in the coming week, but if it corrects further it could break the psychological 10,000 level as well.After opening lower at 10,514.10, the Nifty 50 gradually extended losses as the day progressed to fall below 10,300 and hit an intraday low of 10,261.90 in late trade. The index closed 282.80 points down at 10,316.50. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-221.20], Consumption[-113.85pts],Bank[ -375.85pts],Auto[ 291.90pts],FinService[-264.75pts],Fmcg[-756.30pts],Media [-127.70pts],Pharma[-83.40pts],IT[150.55pts],Metal[127.70pts],Realty[-5.85 pts], Pvt Bank[-217.50pts].
World Indices Index
Value
% Change
26,447.75
-0.11
S&P500
2,893.50
-0.02
NASDAQ
7,428.50
-0.11
FTSE100
7,318.54
1.36
23,783.74 26,345.90
-0.81 -0.86
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 AIONJSW
39.35
1.95
4.96
999.99
0.02
0
JAINSTUDIO
5.8
0.25
4.31
N100
646
4
0.62
PRAKASHSTL
0.75
0.05
6.67
RUCHINFRA
7.35
-0.35
-4.76
Prev. Close
Change
%Chg
27.25 3.35 65.85 164.15 8.4
-0.5 -0.05 -3.35 -8.2 0.8
-1.83 -1.49 -5.09 -5 9.52
ICICILIQ
Stocks at 52 Week’s LOW Symbol
21STCENMGM 3IINFOTECH 63MOONS 8KMILES A2ZINFRA
Indian Indices Company
CMP
Change
% Chg
NIFTY
10316.50
-282.80
-2.67
SENSEX
34376.99
-792.17
-2.25
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