Special Report 16-Nov-2018
Global markets at a glance Wall Street stocks fell on Thursday , with the S&P 500 notching a fifth straight day of losses as financial stocks were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the US House of Representatives. Financial stocks fell after Democrat Maxine Waters, who is expected to become chair of the House Financial Services Committee, made clear that she intends to push for stricter rules on the sector. Waters said she was concerned by the Federal Reserve's efforts to reduce capital and liquidity requirements for banks and wants the central bank to vigorously supervise large banks.The financial sector dropped 1.4 percent and was the biggest percentage decliner on the S&P 500. The S&P 500 Banks index fell 1.7 percent.US stocks pared losses somewhat after British Prime Minister Theresa May won the backing of her senior ministers on a draft agreement for exiting the European Union, though they resumed their descent in the last halfhour of trading. Asian stocks edged up on Thursday as a steep slide in crude oil prices which had chilled investor sentiment slowed, while the pound and euro were supported after British Prime Minister Theresa May gained cabinet support for a Brexit deal. PREVIOUS DAY ROUNDOFF Markets continued the positive momentum with Nifty and Bank Nifty gaining traction in the second half of the session. Nifty ended the day 40 points higher at 10,576 led by gains in financial and metal stocks. Bank Nifty ended the weekly expiry 224 points higher on account of short covering in at-the-money strikes. However, the real outperformer of the day's session was Jet Airways, which ended the day ~24% higher after reports emerged that Tata Group was considering the acquisition of the cash-strapped carrier.Tracking the derivative data points, Nifty Futures and Bank Nifty Futures witnessed a surge in open interest to the tune of1.7% and 16%, respectively.On the options front, short covering was witnessed in Bank Nifty for major at-the-money strikes with 26000CE and 26100CE shedding ~8 lakh shares and ~5.4 lakh shares, respectively, which propelled the index higher.India Vix ended the day 1.94% lower at 18.45. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-0.04pts], Consumption[+0.25s],PSE[-0.10pts],CPSE[-0.52pts],Energy [-0.21pts],FMCG[-0.09pts],Auto[+0.63pts],Pharma [+0.03pts],IT[+0.11pts],Metal[+0.76pts],Realty[+1.70 pts], Fin Serv sector[1.10pts].
World Indices Index
Value
% Change
25289.49
+0.83
2730
+1.06
NASDAQ
7259.03
+1.69
FTSE100
7038.01
0.06
21784.17 25784.48
-0.12 -0.033
DJI S&P500
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
Adani Ports
346.2
14.2
4.28
Titan Company
920.8
28.6
3.21
23,945.35
705.25
3.03
Kotak Mahindra
1,162.25
32.35
2.86
Hero Motocorp
2,922.15
74.6
2.62
CMP
Change
% Chg
808.7 205.85 804.85 153.8 255.4
-67.65 -16.55 -34.45 -3.55 -4.65
-7.72 -7.44 -4.1 -2.26 -1.79
Eicher Motors
Top Losers Company
Grasim Yes Bank Indiabulls Hsg NTPC Bharti Infratel
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
AARTIIND
1438.25
-13.25
-0.92
APOLLOHOSP
1168.05
82.6
7.07
ATUL
3457.6
68.9
1.99
BIRLACABLE
200.55
-2.05
-1.02
24.8
1.2
4.84
Prev. Close
Change
%Chg
42.7
0.3
0.7
52.95
-2.6
-4.91
2.95 1.45 282.15
0 0.05 -5.95
0 3.45 -2.11
ELECTROSL
Stocks at 52 Week’s LOW Symbol
ADHUNIKIND AIFL ALCHEM ANGIND ASAHIINDIA
Indian Indices Company
CMP
Change
% Chg
NIFTY
10616.70
+40.40
0.38
SENSEX
35260.54
+118.55
+0.34
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