Epic Research: 16 April 2019 Special Report

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Special Report 16 –APR -2019

Global markets at a glance Wall Street lost ground on Monday, dragged down by financials as underwhelming bank earnings curbed investor enthusiasm. But while all three major US stock indexes edged lower, the S&P 500 remained within a percent of its record high.The Dow Jones Industrial Average fell 27.53 points, or 0.1 percent, to 26,384.77, the S&P 500 lost 1.83 points, or 0.06 percent, to 2,905.58 and the Nasdaq Composite dropped 8.15 points, or 0.1 percent, to 7,976.01. Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though recent signs the global economy is likely to avoid a sharper downturn helped limit the losses.MSCI’s broadest index of Asia-Pacific shares outside Japan stood little changed.Expectations that Chinese and U.S. trade negotiators would strike a deal soon also lifted confidence. Japan’s Nikkei nudged up 0.25 percent.

World Indices Index

Value

% Change

DJI

26384

-0.10

S&P500

2905

-0.06

NASDAQ

7976

-0.10

FTSE100

7436

-0.00

22208 29868

+0.18 +0.19

NIKKEI HANG SENG

Top Gainers Company

CMP

Change

% Chg

231.75

15.8

7.32

2,113.30

98.8

4.9

Coal India

250

9.2

3.82

Tata Steel

553.15

19.5

3.65

2,700.70

60.8

2.3

CMP

Change

% Chg

727.5 308.45 458.65 265.5 154

-20.25 -6.2 -6.4 -2.4 -1.35

-2.71 -1.97 -1.38 -0.9 -0.87

Tata Motors TCS

Hero Motocorp

Top Losers Company

PREVIOUS DAY ROUNDOFF Indian equity markets traded with a positive bias as strong recovery was witnessed in the last two hours of the session with both Nifty & Bank Nifty indices managing to close in green.Nifty PSU Bank and Nifty Midcap index outperformed the benchmark index, closing ~0.8% and 0.5% higher respectively. Ujjivan & Adani Power were among the top outperforming largecap stocks, adding fresh long positions. Nifty IT index closed marginally higher, up ~0.2% ahead of Q4FY19 earnings of major heavyweights like TCS & INFY. Market breadth ended in the favour of the advances 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 for the second day in a row. Nifty 11700CE is the maximum open interest strike, consisting of mainly short positions, making 11700 level as an immediate resistance . Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[+27.40pts], Consumption[+16.8pts],PSE[+8.20pts],CPSE [+12.75pts],Energy[-55.30pts],FMCG[+13.70pts],Auto [+134.15pts],Pharma[-8.70pts],IT[+202.6pts],Metal [+69.75pts],Realty[+4.55pts], Fin Serv sector[+39.70 pts].

Infosys Bharti Infratel Sun Pharma Yes Bank IOC

Stocks at 52 Week’s HIGH Symbol

Prev. Close

Change

%Chg

892.5

14.25

1.67

ASTRAZEN

2,199.00

143.2

6.97

BAJAJFINSV

7,594.95

-0.75

-0.01

61.55

2.9

4.94

5.05

0.2

4.12

Prev. Close

Change

%Chg

ASHIMASYN

11.3

0.55

4.76

ATNINTER

0.05

0

0

BALLARPUR BLUECOAST CKFSL

2.75 34.2 63.2

-0.1 -1.8 -3.3

-3.51 -5 -4.96

ALKYLAMINE

BALAXI BILENERGY

Stocks at 52 Week’s LOW Symbol

Indian Indices Company

CMP

Change

% Chg

NIFTY

11690

+46.9

+0.40

SENSEX

38905

+138.73

+0.36

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