Special Report 31-Oct-2018
Global markets at a glance Major US stock indexes jumped more than 1 percent on Tuesday, helped by strong gains for chip and transport stocks as investors took advantage of cheaper prices following a steep recent pullback for equities. All 11 major S&P 500 sectors ended higher a day after a volatile session that pushed the benchmark S&P 500 lower and close to confirming its second correction of 2018.Chip stocks also gained following a brokerage upgrade of Nvidia shares and a better-than-expected report from chip-gear maker KLA-Tencor . Nvidia shares jumped 9.4 percent and KLA-Tencor shares rose 7.6 percent. Chip stocks had dropped broadly on Monday, as renewed concerns about US-China trade tensions sparked declines. Asian stocks pulled away from 20-month lows to eke out small gains on Wednesday, thanks to a rebound on Wall Street though investors remained cautious after a torrid October month that saw trillions of dollars wiped out of global equity markets. A confluence of factors from Sino-US trade tensions to worries about US corporate earnings to the end of easy money in development economies have spurred volatility in financial markets in the past few weeks.Anxiety that global growth might be rapidly losing momentum has been at the centre of the market ructions. Early Asian trade on Wednesday suggested investor sentiment remained fragile. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.05 percent, but it was still on track to fall roughly 11 percent this month. PREVIOUS DAY ROUNDOFF The market has seen consolidation on Tuesday after a day of massive rally, with the benchmark indices falling half a percent each. However, the broader markets outperformed frontline indices with the Nifty Midcap rising 0.7 percent. Oil marketing companies, banking & financials and index heavyweight Reliance Industries pulled the Nifty50 below 10,200 levels.The Nifty50 after a negative start managed to show some recovery in first hour of trade itself and hit an intraday high of 10,285.10, but wiped out those gains in late morning deals and gradually extended losses to hit day's low of 10,175.35 in late trade. The index closed 52.50 points lower at 10,198.40 and made a bullish candle on the daily charts. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-18.85pts], Consumption[70.15pts],PSE[65.75pts],CPSE [+43.00pts],Energy[441.50pts],FMCG[243.95pts],Auto [145.85pts],Pharma[475.30pts],IT[334.05pts],Metal [85.60pts],Realty[6.80 pts], Fin Serv sector[212.35pts].
World Indices Index
Value
% Change
DJI
24,874.64
+1.77
S&P500
2,682.63
+1.57
NASDAQ FTSE100
6,810.12 7,035.85
+1.43
21,831.93 24,732.97
+1.72 +0.64
NIKKEI HANG SENG
+0.14
Top Gainers Company
CMP
Change
% Chg
685
-
3.12
443.2
-
2.76
804
-
2.75
2,593.00
-
2.37
360.25
-
2.31
CMP
Change
% Chg
219.5 1,353.50 265.9 611
-
-4.77 -4.2 -4.13 -3.8
136.3
-
-3.64
TECHM ZEEL GRASIM DRREDDY GAIL
Top Losers Company
HINDPETRO INDUSINDBK BPCL CIPLA IOC
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
ATNINTER
0.2
0.05
25
BLUECHIP
0.5
0.05
10
DIVISLAB
1255.8
188.4
15
ICICILIQ
1000.01
0
0
1000
-0.01
0
LIQUIDETF
Stocks at 52 Week’s LOW Symbol
21STCENMGM 3IINFOTECH 8KMILES ABAN ABCAPITAL
Prev. Close
Change
%Chg
24.5 3.15 88.4 72.5 96.9
-0.45 -0.05 -4.4 -1.7 -2.05
-1.84 -1.59 -4.98 -2.34 -2.12
Indian Indices Company
CMP
Change
% Chg
NIFTY
10198.40
-52.50
-0.51
SENSEX
33891.13
-176.27
-0.52
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