Special Report 24-Sep-2018
Global markets at a glance The S&P 500 and Dow reached record highs on Friday ahead of Monday's major sector reshuffle, capping a week that largely shrugged off trade worries. Trading volume was expected to spike in anticipation of the S&P 500 sector change, when telecom will be folded into a new sector called communications services, along with heavy-hitting stocks such as Amazon.com, Facebook Inc and Walt Disney Co. The S&P 500 and the Dow were up, with the tech-heavy Nasdaq losing ground. All three were on track to post their second consecutive weekly gains, with the blue-chip Dow on its way to its best weekly percentage gain in over two months. "Quadruple witching," when stock options and futures expire, and the S&P 500 and the Russell 2000 rebalance of their indexes, were also seen contributing to heavier trading traffic. Asia shares eased in holiday-thinned trading on Monday and the safe haven yen gained as China canceled upcoming tariff talks with the United States, while oil prices jumped after top producers including Russia ruled out boosting crude output.US stock futures were a touch weaker while MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent. Previous day Roundup Bears retained a tight grip on Dalal Street for the fourth day in a row on September 21, as the Nifty 50 - after gap up opening - fell sharply in the afternoon and broke crucial support of 11,000, but managed to pull back some losses in the latter part of the session to close off the day's low. The free fall in Yes Bank after RBI's decision to end Rana Kapoor's term as CEO, and impact of the weakness in the rupee and hardening bond yield, started reflecting on NBFCs as sentiments were hit across sectors. The Nifty Midcap index dropped 2.5 percent while Nifty Bank was down 2.6 percent and Realty lost 3.5 percent followed by auto, financial service and pharma.The Nifty 50 started the day on a strong note at 11,271.30 and hit the day's high of 11,346.80 following positive global cues, and due to short covering, but suddenly crashed in the afternoon to break the 11,000-mark and hit an intraday low of 10,866.45, which last seen on July 9, showing a loss of 368 points intraday. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-1.45], Co nsum ptio n[ -20 .70 pts],Bank[ -680 .4 5 pts],Auto [ 120.50pts],FinService[-114.60pts],Fmcg[-80.80pts],Media[120.50pts],Pharma[-204.60pts],IT[-230.45pts],Metal[18.55pts],Realty[-9.05 pts], Pvt Bank[-519.30pts].
World Indices Index
Value
% Change
26,743.50
0.32
S&P500
2,927.75
-0.20
NASDAQ
7,521.25
-0.32
FTSE100
7,490.23
1.64
23,869.93 27,603.08
0.82 -1.27
DJI
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
Bharti Infratel
281.20
10.30
3.80
BPCL
376.50
11.45
3.14
HPCL
258.00
6.65
2.65
Hindalco
240.40
4.75
2.02
ONGC
180.40
3.40
1.92
CMP
Change
% Chg
226.50 2,379.40 738.05 665.80 1,180.20
-92.70 -120.15 -31.90 -26.50 -46.70
-29.04 -4.81 -4.14 -3.83 -3.8
Top Losers Company
Yes Bank Bajaj Finance Tech Mahindra UPL Kotak Mahindra
Stocks at 52 Week’s HIGH AIONJSW DEEPAKNTR
25.55 289.2
1.25 -14.2
4.89 -4.91
DELTAMAGNT
130.25
4.75
3.65
DRREDDY
2607.1
-30.4
-1.17
ELECTROSL
19.4
0.95
4.9
GANGOTRI
4.25
0.2
4.71
Prev. Close
Change
%Chg
18.75 28.7 104.75 127.25 372.4
-1.4 -1.1 -10.75 -5.85 -7.5
-7.47 -3.83 -10.26 -4.6 -2.01
Stocks at 52 Week’s LOW Symbol
A2ZINFRA AARVEEDEN ABAN ABCAPITAL ADANIPORTS
Indian Indices Company
CMP
Change
% Chg
NIFTY
11143.10
-91.30
-0.81
SENSEX
36841.60
-279.62
-0.75
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