Epic Research: Special Report on the Stock Market by our Experts

Page 1

Special Report 12 –APR -2019

Global markets at a glance The S&P 500 ended little changed on Thursday as growing anxiety over a global economic slowdown offset upbeat data and investors waited for earnings season to kick into high gear.The Dow Jones Industrial Average fell 14.11 points, or 0.05 percent, to 26,143.05, the S&P 500 closed flat at 2,888.32 and the Nasdaq Composite dropped 16.89 points, or 0.21 percent, to 7,947.36. Asian shares were flat and US Treasury yields pulled back on Friday as investor caution prevailed ahead of the release of first-quarter corporate earnings, although stronger US economic data helped offset some concerns about global growth.MSCI’s broadest index of Asia-Pacific shares outside Japan was barely higher, up 0.03 percent. Higher Chinese iron ore prices helped Australian shares outpace regional markets, pushing Australia’s S&P/ASX 200 index up 0.7 percent.

World Indices Index

Value

% Change

DJI

26157

+0.03

S&P500

2888

+0.35

NASDAQ

7964

+0.69

FTSE100

7421

-0.05

21627 29822

-0.28 -0.99

NIKKEI HANG SENG

Top Gainers Company

CMP

Change

% Chg

Indiabulls Hsg

845.8

21.4

2.6

Bajaj Finserv

7,562.75

139.45

1.88

Bharti Airtel

346.35

6.35

1.87

Bajaj Auto

2,993.70

50.8

1.73

Dr Reddys Labs

2,811.75

46.75

1.69

CMP

Change

% Chg

181.15 535.7 195.95 465.55 742.7

-7.35 -8.7 -2.7 -6.4 -10

-3.9 -1.6 -1.36 -1.36 -1.33

PREVIOUS DAY ROUNDOFF

Top Losers

Indian equity markets traded in a narrow range throughout the day on Thursday with the Nifty50 closing the day with marginal gains.Bajaj Finance & Bajaj Finserv were among the top outperforming large-cap stocks, posting ~1.5% gains each along with an addition of fresh long positions.The Nifty IT index declined ~0.7% ahead of Q4FY19 earnings of major heavyweights like TCS & INFY, starting from tomorrow.Adani Power & Tata Power posted the strong rally in the last trading hour, closing ~3% higher each along with an addition of long positions.Market breadth ended in favor of declines with advance/decline ratio closing at 1:1x.On the options front (April 11, 2019 expiry), across the board, short selling was in out of the money Nifty Call & Put option strikes, as markets traded in a narrow range . Nifty 11700CE is the maximum open interest strike, consisting mainly of short positions, making 11700 level as an immediate resistance for the weekly .

Company

Vedanta Tata Steel Power Grid Corp Sun Pharma Infosys

Stocks at 52 Week’s HIGH Symbol

Prev. Close

Change

%Chg

BALAXI

55.9

2.65

4.98

BILENERGY

4.65

0.2

4.49

24,245.00

927.35

3.98

1,097.00

23.9

2.23

65.75

4.2

7.02

Prev. Close

Change

%Chg

ANGIND

0.85

0.05

5.88

ATNINTER

0.05

0

0

CANDC DNAMEDIA GANDHITUBE

8.75 0.95 333

0.4 0 -4

4.35 0 -1.15

HONAUT ICICIGI J&KBANK

Stocks at 52 Week’s LOW Symbol

Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+2.60pts], Consumption[+23.30ts],PSE[+10.70pts],CPSE [+8.65pts],Energy[+132.25pts],FMCG[+156.2pts],Auto [+45.55pts],Pharma[-16.75pts],IT[-124.40pts],Metal[37.75pts],Realty[-2.00pts], Fin Serv sector[+23.35 pts].

Indian Indices Company

CMP

Change

% Chg

NIFTY

11596

+12.40

+0.11

SENSEX

38607

+21.66

+0.06

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