Special report-12-september-2018-epic-research

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Special Report 12-Sep-2018

Global markets at a glance US stocks rose on Tuesday as Apple led a jump in technology shares and a gain of more than 2 percent in oil prices drove up energy shares. Apple rose 2.5 percent, boosting the three major indexes, a day ahead of its expected unveiling of new iPhone models. The S&P technology sector gained 0.8 percent, its biggest percentage jump in two weeks, also boosted by Microsoft , up 1.7 percent, and Facebook , up 1.1 percent. "That's been the main fuel for the market," said Alan Lancz, president of Alan B. Lancz & Associates Inc, an investment advisory firm based in Toledo, Ohio. "Maybe tech has taken the punch and is recovering, and investors are getting more confident that the leader is back."The technology sector is up close to 18 percent for the year so far, leading sector gains in the S&P 500 along with consumer discretionary , also up roughly 18 percent since Dec. 31. The energy index , up 1 percent, helped to lift the S&P 500, with shares of Exxon Mobil up 1.4 percent and Chevron up 0.5 percent. Oil prices rose after US sanctions squeezed Iranian crude exports and tightened global supply. The Dow Jones Industrial Average rose 113.99 points, or 0.44 percent, to 25,971.06, the S&P 500 gained 10.76 points, or 0.37 percent, to 2,887.89 and the Nasdaq Composite added 48.31 points, or 0.61 percent, to 7,972.47. Asian stocks were pinned near 14-month lows on Wednesday, as investor confidence was chilled by the latest round of verbal threats in an intensifying US-China trade conflict.MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.05 percent, hovering near its lowest levels plumbed since July 2017 on Monday.Tokyo's Nikkei fell 0.25 percent and Australian stocks gave up 0.3 percent, while South Korea's KOSPI managed to eke out a modest 0.15 percent gain.The mood was dimmed by the verbal sparring between Washington and Beijing as the monthslong escalation in trade tensions between the world's two biggest economies took their toll on riskier assets. Previous day Roundup After a gap-up opening, the Nifty 50 remained volatile in early trade on September 11. The index, however, wiped out all gains in later part of the session to breach the psychological 11,300-mark. Further weakness in the rupee and trade war tensions hit market sentiment. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-44.50], Co nsum ptio n[ -80 .95 pts],Bank[ -394 .2 5 pts],Auto [ 162.50pts],FinService[-154.00pts],Fmcg[-744.05pts],Media [-39.35pts],Pharma[-167.45pts],IT[-112.15pts],Metal[58.55pts],Realty[-5.25 pts], Pvt Bank[-212.10pts].

World Indices Index

Value

% Change

25,971.06

+0.44

S&P500

2,887.75

-0.07

NASDAQ

7,509.75

-0.03

FTSE100

7,273.54

-0.08

22,548.78 26,325.09

-0.49 -0.37

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 ALBERTDAVD ELECTROSL

754.8 14.6

67.2 0.7

8.9 4.79

3.3

0.15

4.55

3590.1

-55.05

-3.07

GTNIND

22.7

-4.5

-19.82

IBULISL

751.35

-21.45

-2.85

Prev. Close

Change

%Chg

31.7 4.6 7.9 210.95 42.9

-0.5 0 0 -5.4 -1.45

-1.58 0 0 -2.56 -3.38

GANGOTRI GLAXO

Stocks at 52 Week’s LOW Symbol

21STCENMGM ABGSHIP ANDHRACEMT APTECHT ASHAPURMIN

Indian Indices Company

CMP

Change

% Chg

NIFTY

11287.50

-150.60

-1.32

SENSEX

37413.13

-509.04

-1.34

_____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd www.epicresearch.co


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