Special Report 26-Oct-2018
Global markets at a glance US stocks jumped on Thursday, giving the Nasdaq its biggest daily gain since March, as Microsoft’s upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares. The Nasdaq rose 3 percent, a day after it confirmed a correction and registered its biggest decline since 2011. The Dow and S&P 500 both moved back in positive territory for the year. Microsoft jumped 5.8 percent after it beat consensus estimates for revenue and profit. That, along with gains in chipmakers, helped technology stocks rise 2.89 percent. Asian shares wobbled in early Friday trade, struggling to shake off the previous day’s global markets rout, after weak results from tech giants Alphabet Inc and Amazon.com heightened concerns over world trade and economic growth.The latest round of upbeat results came from a wide range of companies, including Ford Motor Co, Visa Inc, Whirlpool Corp and Twitter Inc and offered relief after the earnings season began on a tepid note and then geared lower on sluggish outlooks from manufacturers and chipmakers. The shaky start for regional bourses came despite a bounce on Wall Street overnight, which was helped by bargainhunting and positive earnings from Microsoft Corp. Those gains were put into perspective, however, as shares of both Amazon.com Inc and Alphabet Inc fell sharply after the closing bell on disappointing earnings.Predictably, the Nasdaq futures turned down 0.9 percent and S&P E-mini futures fell 0.6 percent, underscoring broad worries about US corporate earnings, and the outlook for the economy, which triggered a rout on Wall Street on Wednesday and sent global markets into a tailspin. PREVIOUS DAY ROUNDOFF The Nifty after sharp gap down opening continued to trade lower throughout the session on Thursday, the last day of October series. Global cues and correction in index heavyweights Reliance Industries and HDFC twins weighed down the market. The index hit fresh seven-month low during the day but managed to show some recovery in later part of the session to close above 10,100 levels. It made small bodied bearish candle on the daily charts, which resembles a ‘Doji’ kind of pattern. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-38.65pts], Consumption[-29.35pts],PSE[-17.95pts],CPSE [+1.95pts],Energy[-141.30pts],FMCG[-217.40pts],Auto[82.95pts],Pharma[-191.70pts],IT[21.65pts],Metal[ 41.05pts],Realty[-4.25 pts], Fin Serv sector[-123.15pts].
World Indices Index
Value
% Change
DJI
24,984.55
+1.63
S&P500
2,705.57
+1.86
NASDAQ FTSE100
7,016.39 7,004.10
+3.35
21,088.00 24,637.26
-0.86 -1.45
NIKKEI HANG SENG
+0.60
Top Gainers Company
CMP
Change
% Chg
318.55
9.75
3.16
1,004.85
24.15
2.46
IOC
140.10
2.55
1.85
Coal India
282.20
4.95
1.79
1,200.05
13.15
1.11
CMP
Change
% Chg
Vedanta
689.10 295.55 599.45 204.60
-54.20 -20.30 -23.35 -7.30
-7.29 -6.43 -3.75 -3.45
Hindalco
222.35
-7.50
-3.26
Wipro HCL Tech
Asian Paints
Top Losers Company Indiabulls Hsg Bharti Airtel UPL
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
0.4
0.05
12.5
10.5
-0.5
-4.76
KSB
786.7
23.15
2.94
LIQUIDETF
1000
0
0
QGOLDHALF
1410
2
0.14
BLUECHIP JAINSTUDIO
Stocks at 52 Week’s LOW Symbol
21STCENMGM 3IINFOTECH 5PAISA 8KMILES ABAN
Prev. Close
Change
%Chg
25 3.2 178.4 93.05 74.7
-0.5 0 4.95 -4.65 -1.8
-2 0 2.77 -5 -2.41
Indian Indices Company
CMP
Change
% Chg
NIFTY
10124.90
-99.90
-0.98
SENSEX
33690.09
-343.87
-1.01
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