Special Report 18-Oct-2018
Global markets at a glance US stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia, further denting investors' appetite for risk amid global trade tensions and rising interest rates. The benchmark S&P 500 index closed just above its 200day moving average, a key indicator of long-term price trends. Stocks in Asia fell on Friday as global sentiment soured on issues ranging from trade worries, Italy's 2019 budget, higher U.S. interest rates and growth concerns in China that led to a slump in Chinese shares in the previous session. Early in the trading day, MSCI's broadest index of AsiaPacific shares outside Japan was 0.4 percent weaker following losses on Wall Street overnight. The Dow Jones Industrial Average fell 1.27 percent, the S&P 500 lost 1.44 percent and the Nasdaq Composite dropped 2.06 percent.Australian shares were down 0.6 percent, while Japan's Nikkei stock index was 1.7 percent lower. On Thursday, the flight to safe-haven assets partly offset a rise in U.S. Treasury yields sparked by worries about the pace of interest rate increases by the U.S. Federal Reserve. Early in Asia on Friday, the 10-year yield <US10YT=RR> was higher at 3.1767 percent, compared with a U.S. close of 3.175 percent on Thursday. PREVIOUS DAY ROUNDOFF The market is likely to take cues from the negative sentiment across the globe. Asian and US markets have shown downward trends, while the Nifty futures on Singaporean Exchange also hint at a lower opening. The market was in a bear trap on October 18 after consistent upmove in previous three consecutive trading sessions. The Nifty started the day with a 100-point rally but wiped out all gains in afternoon trade to close below the 10,500 levels and formed 'Bearish Engulfing' pattern on the daily candlestick charts.A Bearish Engulfing Pattern consists of two candles. The Nifty index opened gap up with 104 points gains at 10,688.70 to hit an intraday high of 10,710.15 but failed to hold its gains and corrected sharply in afternoon trade to hit day's low of 10,436.45. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-65.90pts], Consumption[-53.95pts],PSE[-49.50pts],CPSE[31.85pts],Energy[-191.45pts],FMCG[125.10pts],Auto[268.20pts],Pharma[-150.35pts],IT[62.25pts],Metal[68.65pts],Realty[-6.15 pts], Fin Serv sector[-211.65pts].
World Indices Index
Value
% Change
DJI
25,379.45
-1.27
S&P500
2,778.00
0.20
NASDAQ FTSE100
7,485.14 7,026.99
-2.06
22,380.27 22,380.27
-1.24 -1.24
NIKKEI HANG SENG
-0.39
Top Gainers Company
CMP
Change
% Chg
HCL Tech
1,024.25
20.85
2.08
Infosys
705.35
10.10
1.45
ITC
286.45
3.80
1.34
Wipro
323.15
4.10
1.29
Coal India
279.90
3.50
1.27
CMP
Change
% Chg
788.65 2,150.50 231.90 313.90
-118.70 -158.35 -17.00 -19.45
-13.08 -6.86 -6.83 -5.83
285.15
-16.95
-5.61
Top Losers Company
Indiabulls Hsg Bajaj Finance Yes Bank Adani Ports BPCL
Stocks at 52 Weekâ&#x20AC;&#x2122;s HIGH Symbol
Prev. Close
Change
%Chg
ICICILIQ
999.99
0.01
0
8.3
0.4
4.82
LIQUIDETF
999.99
0.01
0
TIIL
599.65
-22.65
-3.78
-
-
-
JAINSTUDIO
-
Stocks at 52 Weekâ&#x20AC;&#x2122;s LOW Symbol
8KMILES ABGSHIP ABMINTLTD ADLABS ADROITINFO
Prev. Close
Change
%Chg
120.15 3.75 16.6 12.9 22.65
-6 -0.15 -0.6 -0.6 0.75
-4.99 -4 -3.61 -4.65 3.31
Indian Indices Company
CMP
Change
% Chg
NIFTY
10453.00
-131.80
-1.25
SENSEX
34779.58
-382.90
-1.09
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