Special Report 25-Oct-2018
Global markets at a glance US stocks fell on Tuesday after worries about the earnings outlook added to recent selling pressure, though major indexes ended well off the day's lows as investors snapped up beaten-down shares late in the session. Shares of Caterpillar tumbled 7.6 percent after the heavyequipment maker maintained its 2018 earnings forecast, following forecast increases in the previous two quarters. 3M Co slid 4.4 percent after cutting its full-year profit outlook due to foreign currency-related challenges. That reignited worries over the impact of rising borrowing costs, wages and tariffs on corporate profits and caused S&P industrial stocks to slide 1.6 percent. Along with worries over profit growth, concerns over the upcoming U.S. mid-term elections and Italy's budget have also sent investors scrambling out of stocks. The S&P 500 energy index fell 2.7 percent, the most of any sector, as oil prices plunged after Saudi Arabia said it could supply more crude quickly if needed. Investors trimmed most of the losses in afternoon trading as some thought the losses were overdone. Technical buying at support levels around 2,700 on the S&P 500 also helped stocks to bounce back, strategists said. Asian shares dived on Thursday as hundreds of billions of dollars haemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for the year. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7 percent. Japan's Nikkei slumped more than 3 percent to hit a six-month trough and Australian shares skidded about 2 percent to a more than one-year low. Tokyo's Topix index tumbled 3 percent, evaporating $155 billion in market value in the first 15 minutes of trading. PREVIOUS DAY ROUNDOFF Bulls managed to take charge at Dalal Street after intraday tussle with bears on Wednesday. The Nifty50 after strong gap up opening traded volatile as the day progressed, followed by marginal correction in afternoon. However, it managed to recoup losses in late trade. The index closed volatile session sharply higher ahead of expiry of October derivative contracts tomorrow, and formed small bearish candle, which resembles a 'Hammer' like pattern on the daily charts. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-39.00pts], Consumption[-43.15pts],PSE[8.60pts],CPSE[ 0.40pts],Energy[-49.70pts],FMCG[-316.95pts],Auto[51.30pts],Pharma[-278.40pts],IT[-406.70pts],Metal[26.90pts],Realty[0.35 pts], Fin Serv sector[-14.35pts].
World Indices Index
Value
% Change
DJI
24,583.42
-2.41
S&P500
2,656.10
-3.09
NASDAQ FTSE100
6,689.15 6,962.98
-4.63
+0.11
21,419.62 24,780.05
-3.14 -1.90
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
2,311.80
228.45
10.97
Bharti Airtel
315.85
29.95
10.48
HPCL
232.75
14.85
6.82
IOC
137.55
7.55
5.81
Hindalco
229.85
10.35
4.72
CMP
Change
% Chg
204.00 2,475.15 809.00 2,434.30
-9.20 -111.35 -16.95 -39.45
-4.32 -4.31 -2.05 -1.59
314.15
-4.85
-1.52
Bajaj Finance
Top Losers Company
Yes Bank Bajaj Auto Grasim Dr Reddys Labs Adani Ports
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
0.3
0.05
16.67
999.99
0
0
9.55
0.45
4.71
KSB
731.5
-21.5
-2.94
LIQUIDETF
1000
0
0
BLUECHIP ICICILIQ JAINSTUDIO
Stocks at 52 Week’s LOW Symbol
3IINFOTECH 5PAISA 8KMILES AAVAS ABCAPITAL
Prev. Close
Change
%Chg
3.25 186.3 103.05 678.4 100.05
-0.05 -7.35 -5.15 -47.35 -3.05
-1.54 -3.95 -5 -6.98 -3.05
Indian Indices Company
CMP
Change
% Chg
NIFTY
10224.80
78.00
0.77
SENSEX
34033.96
186.73
0.55
_____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd www.epicresearch.co