Special Report 28-Sep-2018
Global markets at a glance A rally in US equities fizzled out late on Wednesday, while the US dollar rose, after the Federal Reserve raised interest rates, as expected, and flagged the end of its "accommodative" monetary policy. With steady economic growth and a strong job market, the Fed indicated that it still foresees another rate rise in December, three more next year, and one in 2020. Though the US dollar was higher, it had briefly stumbled after the Fed decision. Shares in Asia inched higher on Friday, following gains on Wall Street overnight after news of robust U.S. economic growth, with the chairman of the Federal Reserve saying the United States does not face a large chance of near-term recession.MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.02 percent in early trade in Asia. Australian shares were 0.5 percent higher, while Seoul's Kospi was down 0.5 percent after hitting three-month highs on Thursday.Japan's Nikkei stock index gained 1.1 percent, putting it within sight of a 2018 high of 24,129.34 points on Jan. 23.The Dow Jones Industrial Average rose 0.21 percent to 26,439.93 on Thursday, the S&P 500 gained 0.28 percent to 2,914 and the Nasdaq Composite added 0.65 percent to 8,041.97. Previous day Roundup The Nifty50 repeated its previous day's trading pattern on Thursday, the expiry day of September futures & options contracts. The index opened sharply higher but after positive trade in the initial period, it extended losses as the day progressed and closed below psychological 11,000 levels. The index formed a bearish candle again on the daily charts.The Nifty Bank, Auto, Financial Service, Pharma and Realty indices were down 1-3 percent while the Nifty Midcap index underperformed frontliners, falling 2.3 percent.The Nifty50 opened higher at 11,079.80 and closed sharply lower at 10,977.55. The index managed to rise up to 11,089.45, the intraday high, in first half of an hour of trade but suddenly wiped out those gains and remained weak for rest of the session to hit day's low of 10,953.35. It closed 76.30 points lower at 10,977.50.According to Pivot charts, the key support level is placed at 10,924.03, followed by 10,870.57. If the index starts moving upwards, key resistance levels to watch out are 11,060.23 and 11,142.97. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-24.60], Co nsum ptio n[ -34 .40 pts],Bank[ -334 .1 5 pts],Auto [ 186.80pts],FinService[-178.65pts],Fmcg[-22.40pts],Media[24.25pts],Pharma[-196.65pts],IT[85.55pts],Metal[ 24.25pts],Realty[-6.55 pts], Pvt Bank[-268.90pts].
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
267.85
6.35
2.43
2,188.85
46.70
2.18
276.25
3.70
1.36
4,120.40
52.85
1.30
724.80
6.95
0.97
CMP
Change
% Chg
203.25 38.50 2,204.20 5,979.80 7,553.05
-20.50 -2.95 -111.35 -232.75 -289.50
-9.16 -7.12 -4.81 -3.75 -3.69
Bharti Infratel TCS Coal India UltraTechCement Infosys
Top Losers Company
Yes Bank Vodafone Idea Bajaj Finance Bajaj Finserv Maruti Suzuki
Stocks at 52 Week’s HIGH AIONJSW CANTABIL
30.95 158.45
1.5 3.15
4.85 1.99
DEEPAKNTR
293.8
5.2
1.77
GANGOTRI
5.05
0.25
4.95
LIQUIDETF
1000
0.01
0
N100
636.8
3.2
0.5
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
10977.50
-76.30
-0.69
SENSEX
36324.17
-218.10
-0.60
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