Special Report 10-Oct-2018
Global markets at a glance The Dow and S&P 500 ended slightly lower on Tuesday as investors, worried about global growth prospects, fled from materials and industrials stocks but falling bond yields kept declines in check in the three major indexes. The International Monetary Fund cut global economic growth forecasts for 2018 and 2019 and its 2019 US and China estimates, saying the two countries would feel the brunt of their trade war next year. Meanwhile, US President Donald Trump repeated a threat to impose tariffs on USD 267 billion worth of additional Chinese imports if Beijing retaliates for the recent levies and other measures the United States has taken in the countries' escalating trade war. The materials index ended down 3.4 percent, its biggest one-day percentage drop since February 8. Chemical company PPG Industries was its biggest loser, falling 10 percent after warning that its current-quarter profit would be hit by higher raw material costs and softer demand in China. Asian shares steadied in early Wednesday trade after world stocks hit eight-week lows the previous day on worries about global economic growth, although the pound stayed firm on hopes for a Brexit deal. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.3 percent, while Japan's Nikkei gained 0.25 percent. The Australian benchmark was up 0.11 percent. "As uncertainty continues to prevail in financial markets across the world, many investors are staying on the sidelines until more clarity emerges in US Treasury and Chinese markets," said Yasuo Sakuma, chief investment officer at Libra Investments. Previous day Roundup The Nifty 50 ended the volatile session sharply lower on October 9, weighed down by rupee's new low and crude volatility. The index made a bearish candle formation on the daily charts resembling a 'Bearish Engulfing' pattern. The Nifty 50 opened sharply higher at 10,390.30 and touched an intraday high of 10,397.60, but gradually wiped out gains in morning trade itself to trade lower.In the last hour of trade, it rebounded, but within a few minutes of trade, it caught in a bear trap again and fell sharply to hit day's low of 10,279.35. The index closed 47 points lower at 10,301 amid volatility. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-24.15], C o n s u m p t i o n [ - 8 0 . 7 5 pt s ] , B a n k [ - 9 0 . 7 0 p t s ] , Au t o [ 236.20pts],FinService[36.50pts],Fmcg[-556.15pts],Media [50.05pts],P harma[132 .95 pts],IT[64 .80 pts],Metal [34.30pts],Realty[-2.00 pts], Pvt Bank[-37.80pts].
World Indices Index
Value
% Change
26,430.57
-0.21
S&P500
2,883.25
-0.17
NASDAQ
7,386.95
-0.11
FTSE100
7,237.59
0.06
23,416.28 26,275.12
-0.23 0.39
DJI
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
2,454.15
114.05
4.87
Adani Ports
318.75
14.40
4.73
Zee Entertain
432.80
18.75
4.53
Bajaj Finance
2,060.85
86.00
4.35
HDFC
1,712.75
45.05
2.70
CMP
Change
% Chg
184.35 749.50 21,085.70 171.25 1,201.40
-28.00 -64.05 -1049.05 -7.95 -46.40
-13.19 -7.87 -4.74 -4.44 -3.72
Dr Reddys Labs
Top Losers Company
Tata Motors Titan Company Eicher Motors HPCL Asian Paints
Stocks at 52 Week’s HIGH AIONJSW
43.35
2.15
4.96
JAINSTUDIO
6.35
0.3
4.72
LIQUIDETF
1000
0
0
PRAKASHSTL
0.85
0.05
5.88
0.9
0.05
5.56
-
-
-
Prev. Close
Change
%Chg
26.25 148.2 73.2 4 1005.05
-0.5 -7.4 0.6 -0.1 -25.05
-1.9 -4.99 0.82 -2.5 -2.49
SPCENET -
Stocks at 52 Week’s LOW Symbol
21STCENMGM 8KMILES ABAN ABGSHIP ACCELYA
Indian Indices Company
CMP
Change
% Chg
NIFTY
10301.00
-47.00
-0.45
SENSEX
34299.47
-174.91
-0.51
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