Special Report 27-Sep-2018
Global markets at a glance Global equities ran out of steam and US bond yields fell after the Federal Reserve raised interest rates as expected, sticking to its script of gradual policy tightening with forecasts of five more rate hikes by 2020. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.05 percent in early trade while Japan's Nikkei fell 0.45 percent. On Wall Street, the Dow Jones Industrial Average fell 0.4 percent and the S&P 500 lost 0.33 percent. The Nasdaq Composite dropped 0.21 percent. Asian shares barely budged on Wednesday, lacking traction as US bond yields edged near a seven-year peak ahead of a widely expected rate hike by the Federal Reserve and as international oil prices rose to four-year highs. MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat in early trade, in part as South Korea is closed for a holiday. It stayed below a three-week high hit on Friday. In Japan, the Nikkei edged down 0.4 percent.US consumer confidence hit an 18-year high, adding to a string of recent US data that pointed to the strong US economic momentum, despite concerns about trade wars US President Donald Trump is waging.The Dow Jones Industrial Average fell 0.26 percent, the S&P 500 lost 0.13 percent while the Nasdaq Composite added 0.18 percent.The utility sector, sometimes seen as an alternative to bonds because of the relative steadiness of their business, was the worst performer as investors braced for a rate hike by the Federal Reserve later on Wednesday. Previous day Roundup The Nifty 50 closed a rangebound session mildly lower on September 26 as traders turned cautious ahead of Federal Reserve's interest rate decision tonight and expiry of September futures & options contracts on Thursday. The index failed to extend previous day's gains. After a gap-up opening, the Nifty slipped into the red and remained rangebound with a negative bias for rest of the session. The index closed marginally in the red, forming bearish candle on the daily charts. The sectoral trend was mixed with Nifty FMCG (down 1.5 percent), IT (1.9 percent) and PSU Bank (1.9 percent) indices falling the most and the Nifty Midcap index outperforming benchmark indices, rising third of a percent. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[36.90], Consumption[-25.40pts],Bank[45.95pts],Auto[ 98.25pts],FinService[19.30pts],Fmcg[-441.70pts],Media[5.05pts],Pharma[44.15pts],IT[ -302.45pts],Metal[ 5.05pts],Realty[5.60 pts], Pvt Bank[55.00pts].
World Indices Index
Value
% Change
26,385.28
-0.40
S&P500
2,913.50
+0.14
NASDAQ
7,601.00
+0.14
FTSE100
7,511.49
0.05
23,946.13 27,723.65
-0.37 -0.34
DJI
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
UPL
697.55
36.60
5.54
Vedanta
241.55
11.15
4.84
Vodafone Idea
41.45
0.95
2.35
Titan Company
814.70
17.85
2.24
Hindalco
247.95
4.90
2.02
CMP
Change
% Chg
233.35 261.50 319.25 293.15 263.85
-7.45 -7.85 -9.05 -8.00 -7.05
-3.09 -2.91 -2.76 -2.66 -2.6
Top Losers Company
Tata Motors Bharti Infratel Wipro ITC SBI
Stocks at 52 Week’s HIGH AIONJSW BIOCON
29.5 701.55
1.45 2.65
4.92 0.38
DIVISLAB
1388.4
-8.4
-0.61
ELECTROSL
22.4
1.1
4.91
GANGOTRI
4.85
0.2
4.12
ICICILIQ
1000
0
0
Prev. Close
Change
%Chg
30.55 223.1 2.8 202.35 78
-0.6 -11.15 0 -3.2 -3.95
-1.96 -5 0 -1.58 -5.06
Stocks at 52 Week’s LOW Symbol
21STCENMGM 8KMILES ADHUNIK AEGISCHEM AGCNET
Indian Indices Company
CMP
Change
% Chg
NIFTY
11053.80
-13.70
-0.12
SENSEX
36542.27
-109.79
-0.30
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