Special Report 23-Aug-2018
Global markets at a glance US stocks were mixed on Wednesday, with the Nasdaq gaining on the strength of tech stocks while the S&P 500 was little changed as it marked its longest bull-market run. The legal woes of two former advisers to US President Donald Trump contributed to investors' caution, while the release of the Federal Open Market Committee's minutes from its last policy meeting had only a fleeting impact on Wall Street's major indexes. U.S. central bankers discussed raising interest rates soon to counter excessive economic strength but also examined how global trade disputes could batter businesses and households.Asian shares started cautiously on Thursday as a deadline loomed for fresh US tariffs on China and amid speculation US President Donald Trump's political position could be threatened by the legal woes of two former advisers. US and Chinese officials met for the first time in over two months to find a way out of their deepening trade conflict, but there was no evidence the low-level discussions would halt a new round of US tariffs due Thursday. The benchmark S&P 500 touched a record high on Tuesday and equalled its longest-ever bull-market run, buoyed by strong earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China. The Nifty50 after opening higher extended its rally and hit a fresh intraday record high in early trade on August 21, but immediately cooled off to remain in the range of 42 points for rest of the session before ending the day at a record closing high.The index formed a bearish candle on an intraday basis on daily candlestick charts as the closing value was lower than what it opened at. The pattern formed by Nifty was more like Hanging Man and Dragonfly Doji on the daily charts.The Nifty50 opened the session at 11,576.20 and closed at 11,570.90 with gain of 19.10 points from its previous closing level of 11,551.75. The index gained to hit an intraday all-time of 11,581.75 which made a small upper shadow while it slipped to an intraday low of 11,539.60 which resulted in long lower shadow.India VIX fell by 1.36 percent to 12.85 levels and overall lower volatility suggests a tight grip of the bulls in the market. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[21.35pts], Consumption[-9.3pts],PSE[10.3pts],CPSE[15.50pts],Energy [102.15pts],FMCG[ -73pts],Auto[-18.65pts],Pharma [151.35pts],IT[138.55pts],Metal[-11.95pts],Realty[-5 pts], Fin Serv sector[21.9pts].
World Indices Index
Value
% Change
DJI
25733.60
-0.34
S&P500
2,861.82
-0.40
NASDAQ FTSE100
7,889.10 7,574.24
+0.38
22,414.98 27,727.06
+0.23 -0.72
NIKKEI HANG SENG
+0.11
Top Gainers Company
CMP
Change
% Chg
UPL
646.20
27.3
4.41
Tech Mahindra
709.40
21.45
3.12
Coal India
291.40
7.35
2.59
1,065.40
25.55
2.46
888.60
19.35
2.23
Grasim Lupin
Top Losers Company
CMP
Change
% Chg
Tata Steel
582.15
-17.25
-2.88
BPCL
368.75
-7.2
-1.92
HUL
1752.5
-24.5
-1.38
Vedanta
218.85
-3
-1.35
957.8
-11.75
-1.21
M&M
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
80.8
67.65
9.85
41.85
40.1
1.1
AMARAJABAT
908.45
891.8
-27.4
AXISBANK
638.25
624.4
12.1
30.1
28.7
1.4
AFL ALMONDZ
BALAXI
Stocks at 52 Week’s LOW Symbol
Prev. Close
Change
%Chg
ABGSHIP
4.75
0.2
4.21
AMTEKAUTO
6.65
-0.3
-4.51
BALAJITELE
107.6
-0.15
-0.14
104.45
-1.6
-1.53
1.5
-0.1
-6.67
BYKE CASTEXTECH
Indian Indices Company
CMP
Change
% Chg
NIFTY
11570.90
19.15
0.17
SENSEX
38285.15
7.00
0.02
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