Special Report 19-Sep-2018
Global markets at a glance Wall Street rebounded on Tuesday in a broad-based rally as investors brushed aside intensifying trade rhetoric between the United States and China. All three major US indexes closed higher following Monday's sell-off. Late Monday, US President Donald Trump announced that 10 percent tariffs on USD 200 billion in imports from China would go into effect next week, escalating the tit-for-tat trade spat between the world's two largest economies. China responded on Tuesday by unveiling 10 percent tariffs on about $60 billion of US goods effective Sept. 24. Asian stocks rose and US Treasury yields hovered near fourmonth highs on Wednesday, as investors looked past the latest escalation in the US-China trade conflict, seen by some market participants as less severe than expected. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.15 percent. Australian stocks added 0.35 percent, South Korea's KOSPI climbed 0.1 percent and Japan's Nikkei rose 1.45 percent. Equity markets in Asia took their cues from Wall Street, which posted a broad-based rally on Tuesday amid emerging views that the US-China trade dispute's impact on world growth might not be as heavy as previously feared. Previous day Roundup The Nifty50 corrected sharply for second consecutive session and broke the psychological 11,300-mark on Tuesday, forming bearish candle on the daily candlestick charts. Rising crude oil prices, weakening rupee and escalated trade war tensions between world's largest economies US & China caused selling pressure in the market. All sectoral indices closed in the red with Nifty PSU Bank falling the most (down 5.44 percent) followed by Bank, Auto, Metal and Realty which lost between 1-3 percent. The broader markets also caught in bear trap with the Nifty Midcap index losing 1.4 percent.The Nifty50 after opening flat tried to rebound and hit an intraday high of 11,411.45, but could not sustain for long and corrected further as the day progressed.The index fell up to 11,268.95 intraday in late trade but managed to hold its crucial support of 11,250 levels. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-48.20], Co nsum ptio n[ -14 .90 pts],Bank[ -378 .8 5 pts],Auto [ 165.15pts],FinService[-157.65pts],Fmcg[333.50pts],Media[53.45pts],Pharma[-38.75pts],IT[-88.75pts],Metal[57.35pts],Realty[-8.20 pts], Pvt Bank[-173.20pts].
World Indices Index
Value
% Change
26,246.96
0.71
S&P500
2,911.25
-0.02
NASDAQ
7,956.11
0.76
FTSE100
7,300.23
-0.03
23,797.04 27,377.08
1.58 1.07
DJI
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
1,664.95
59.50
3.71
Yes Bank
323.55
4.95
1.55
ONGC
173.90
2.20
1.28
Wipro
332.55
2.65
0.80
2,584.15
15.65
0.6
CMP
Change
% Chg
273.80 249.40 251.50 2,773.80 46.25
-11.50 -8.95 -8.75 -86.85 -1.45
-4.03 -3.46 -3.36 -3.04 -3.0
HUL
Dr Reddys Labs
Top Losers Company
SBI HPCL Tata Motors Bajaj Auto Vodafone Idea
Stocks at 52 Week’s HIGH AIONJSW CENTEXT
23.2 8.55
1.15 -0.2
4.96 -2.34
118.15
5.9
4.99
17.65
0.85
4.82
1857.35
-37.35
-2.01
56.2
5.5
9.83
Prev. Close
Change
%Chg
3.45 4.2 3.2 91 73.2
0.65 0.15 -0.1 -1.9 -1
18.84 3.57 -3.13 -2.09 -1.37
DELTAMAGNT ELECTROSL EXCELINDUS GALLANTT
Stocks at 52 Week’s LOW Symbol
3IINFOTECH ABGSHIP ADHUNIK AGCNET AGRITECH
Indian Indices Company
CMP
Change
% Chg
NIFTY
11278.90
-98.90
-0.87
SENSEX
37290.67
-294.84
-0.78
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