Special Report 11-Sep-2018
Global markets at a glance US stocks mostly edged higher on Monday, rebounding slightly after last week's losses, although a drop in Apple kept gains in check. The Dow was flat, with Travelers down 1.8 percent. Hurricane Florence is expected to be an extremely dangerous major hurricane through Thursday, the National Hurricane Center warned of the Category 4 storm bearing down on the US east coast. Apple shares dropped 1.2 percent, weighing on the three major indexes. But the S&P 500 and Nasdaq rebounded from losses last week.US President Donald Trump said on Friday he was ready to levy additional taxes on practically all Chinese imports, threatening duties on $267 billion of goods over and above planned tariffs on $200 billion of Chinese products. China said it will respond if Washington takes any new steps on trade. Asian shares were struggling to snap an eight-session losing streak on Tuesday as investors decided no news was good news on tariffs, while the pound touched a five-week top on hints a Brexit deal might be nearer. MSCI's broadest index of Asia-Pacific shares outside Japan wavered either side of flat having hit its lowest since July last year on Monday. Japan's Nikkei fared better on the back of a softer yen and climbed 0.6 percent. Previous day Roundup The Nifty50 after opening gap down extended losses as the day progressed and broke the psychological 11,500-mark on Monday, tracking further weakness in Indian rupee which ended at new record closing low of 72.45 to the dollar. The renewed trade tensions between US and China also dented sentiment. The index closed sharply lower, forming 'Bearish Belt Hold' pattern on the daily candlestick chart. According to Pivot charts, the key support level is placed at 11,385.93, followed by 11,333.77. If the index starts moving upwards, key resistance levels to watch out are 11,531.63 and 11,625.17. The Nifty Bank index closed at 27,201.75, down 279.70 points on Monday. The important Pivot level, which will act as crucial support for the index, is placed at 27,094.67, followed by 26,987.53. On the upside, key resistance levels are placed at 27,356.87, followed by 27,511.94. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-71.00], Co nsum ptio n[ -92 .45 pts],Bank[ -279 .7 0 pts],Auto [ 192.75pts],FinService[-161.80pts],Fmcg[-542.70pts],Media [-3.15pts],Pharma[ -214.75pts],IT[0.55pts],Metal[ 3.15pts],Realty[-4.05 pts], Pvt Bank[-161.80pts].
World Indices Index
Value
% Change
25,995.87
+0.08
S&P500
2,884.50
-0.16
NASDAQ
7,922.73
-0.91
FTSE100
7,318.96
-0.88
22,205.82 26,699.16
-1.27 -1.03
DJI
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
Idea Cellular
47.75
0.85
1.81
HCL Tech
1,088.70
14.75
1.37
Axis Bank
651.75
6.20
0.96
Cipla
668.05
3.30
0.50
Zee Entertain
472.75
2.35
0.50
CMP
Change
% Chg
2,615.65 638.00 6,347.45 937.35 344.10
-128.55 -26.25 -252.65 -36.35 -12.85
-4.68 -3.95 -3.83 -3.73 -3.60
Top Losers Company
Bajaj Finance Sun Pharma Bajaj Finserv M&M BPCL
Stocks at 52 Week’s HIGH APLLTD AUROPHARMA
625.7 759.3
14 43.25
2.24 5.7
CENTEXT
8.7
-0.45
-5.17
DIVISLAB
1317
-9
-0.68
DRREDDY
2566.95
58.05
2.26
13.3
0.65
4.89
Prev. Close
Change
%Chg
32.6 9.35 5.7 210.55 418.85
-0.35 0.35 0.15 -3.65 4.15
-1.07 3.74 2.63 -1.73 0.99
ELECTROSL
Stocks at 52 Week’s LOW Symbol
21STCENMGM BIOFILCHEM BLUEBLENDS CENTURYPLY COCHINSHIP
Indian Indices Company
CMP
Change
% Chg
NIFTY
11438.10
-151.00
-1.30
SENSEX
37922.17
-467.65
-1.22
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