Special Report 25-Sep-2018
Global markets at a glance The S&P 500 and the Dow closed lower on Monday after a new round of US-China trade tariffs kicked in, dampening last week's hopes for talks between the two countries, and as investors awaited a widely expected interest rate hike by the Federal Reserve. Seven of the S&P's 11 major sectors lost ground after US tariffs on some USD 200 billion worth of Chinese goods took effect, along with Beijing's retaliatory duties.The Dow Jones Industrial Average fell 181.45 points, or 0.68 percent, to 26,562.05, the S&P 500 lost 10.3 points, or 0.35 percent, to 2,919.37, and the Nasdaq Composite added 6.29 points, or 0.08 percent, to 7,993.25. The industrial sector , which has borne the brunt of the protracted trade war, was one of the biggest drags on the S&P with a 1.3 percent drop.Interest rate sensitive sectors such as consumer staples , down 1.5 percent, and real estate , off 1.9 percent, were under pressure ahead of the two-day Fed meeting that begins on Tuesday and is widely expected to end with a rate hike. Asia stocks struggled on Tuesday as the latest round of USChina tariffs revived fears the trade dispute would knock global growth, while crude oil was elevated near four-year highs after Saudi Arabia and Russia ruled out immediate production increases.MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.1 percent.Australian stocks lost 0.08 percent and Japan's Nikkei bucked the trend and edged up 0.2 percent.China and the United States imposed a new round of tariffs on each other’s goods on Monday, intensifying a trade dispute that is expected to hit global economic growth. Previous day Roundup The Nifty50 started off the week on negative note, extending losses for fifth consecutive session on Monday. The index after gap opening immediately slipped into red and closed below psychological 11,000 levels for first time since July 19, forming bearish candle on the daily charts which also resembles a ‘Bearish Beld Hold’ kind of pattern. A ‘Bearish Belt Hold’ pattern is formed when the opening price becomes the highest point of the trading day (intraday high) and the index declines throughout the trading day making up for the large body. The candle will either have a small or no upper shadow and a small lower shadow. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-44.25], Consumption[-145.80pts],Bank[ -671.70pts],Auto[ 387.10pts],FinService[-385.20pts],Fmcg[-614.35pts],Media [-63.10pts],Pharma[-253.45pts],IT[359.15pts],Metal[41.75pts],Realty[-13.75 pts], Pvt Bank[-379.75pts].
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 DELTAMAGNT
26.8 134.8
1.3 -6.7
4.85 -4.97
ELECTROSL
20.35
1
4.91
GANGOTRI
4.45
0.2
4.49
LIQUIDETF
999.99
0
0
N100
631.34
6.66
1.05
Prev. Close
Change
%Chg
17.3 27.75 123.7 4.2 3.05
-0.75 -1.25 -6.4 0 -0.15
-4.34 -4.5 -5.17 0 -4.92
Stocks at 52 Week’s LOW Symbol
A2ZINFRA AARVEEDEN ABCAPITAL ABGSHIP ADHUNIK
Indian Indices Company
CMP
Change
% Chg
NIFTY
10967.40
-175.70
-1.58
SENSEX
36305.02
-536.58
-1.46
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