Special Report 21-Nov-2018
Global markets at a glance US stocks sold off for a second day on Tuesday as energy shares dropped with oil prices, and retailers including Target and Kohl’s sank after weak earnings and forecasts, fueling worries about economic growth.The Nasdaq closed at its lowest level in more than seven months while the S&P 500 and Dow ended at their lowest since late October. The Dow Jones Industrial Average fell 551.8 points, or 2.21 percent, to 24,465.64, the S&P 500 lost 48.84 points, or 1.82 percent, to 2,641.89 and the Nasdaq Composite dropped 119.65 points, or 1.7 percent, to 6,908.82Asian stocks fell on Wednesday, weighed by a renewed bout of selling on Wall Street, and crude oil struggled after a sharp slide as economic growth concerns gripped global markets. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.55 percent. Australian stocks lost 1 percent and Japan's Nikkei fell 1.3 percent. After the strong upswing in April-June quarter, GDP growth for July-September is expected to dip to 7.2 percent due to sluggishness in agriculture and industry, a report said.It can be noted that the GDP had grown by a higher than expected 8.2 percent in the first quarter of the fiscal as compared to the yearago period. Official data on quarterly growth will be released at the end of this month PREVIOUS DAY ROUNDOFF Indian equity markets ended their three-day winning streak with the Nifty closing 107 points lower at 10,656. Bank Nifty also dipped 187 points to 26,113.IT and metal stocks dragged the indices lower, with Nifty Metal being the worst -performing sectoral index and closing 2.83% lower. Tracking the derivative data points, Nifty Futures and Bank Nifty Futures witnessed a surge in open interest to the tune of ~1.53% and 2.98%, respectively, consisting of mainly short positions.On the options front, heavy call writing was witnessed in out-of-the-money strikes with Nifty 10800CE adding ~10.04 lakh shares and acting as the immediate resistance level for the index. The highest open interest has also shifted from 11000CE to 10800CE. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-1.73pts], Consumption[-0.70pts],PSE[-0.78pts],CPSE[-1.40pts],Energy [-0.92pts],FMCG[-0.82pts],Auto[-0.80pts],Pharma[1.92pts],IT[-2.16pts],Metal[-2.83pts],Realty[+0.04 pts], Fin Serv sector[-0.77pts].
World Indices Index
Value
% Change
DJI
24527
+0.37
S&P500
2641.89
-1.82
NASDAQ
6908.82
-1.73
FTSE100
6947.92
-0.76
21821.16 26372
+140.82 +188.47
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
343.95
9.25
2.76
1,558.85
20.9
1.36
355
4.45
1.27
Zee Entertain
448.65
1.85
0.41
Bajaj Finance
2,369.95
9
0.38
CMP
Change
% Chg
192.35 220.95 707 2,438.70 322.4
-12.45 -13.5 -26.8 -89.9 -10.45
-6.08 -5.76 -3.65 -3.56 -3.14
GAIL IndusInd Bank Adani Ports
Top Losers Company
Yes Bank Hindalco Indiabulls Hsg Dr Reddys Labs Wipro
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
AARTIIND
1436.15
17.85
1.24
ATUL
3541.95
-11.9
-0.34
0.9
-0.05
-5.56
1558.7
6.3
0.4
27.3
1.35
4.95
BLUECHIP DIVISLAB ELECTROSL
Stocks at 52 Week’s LOW Symbol
Prev. Close
Change
%Chg
ABGSHIP
2.85
0
0
ACCELYA
946.2
-1.15
-0.12
ADHUNIK AGRITECH AIFL
2.7 51.75 47.85
0.1 0.1 -2.35
3.7 0.19 -4.91
Indian Indices Company
CMP
Change
% Chg
NIFTY
10656.20
-107.20
-1.00
SENSEX
35474.51
-300.37
-0.84
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