Special Report 03-Aug-2018
Global markets at a glance US stocks rebounded on Tuesday, boosted by gains in industrial shares following reports of renewed trade negotiations between the United States and China. Both the S&P 500 and the Dow Jones Industrial Average posted their biggest monthly percentage gains since January, when markets hit peak levels. The markets were buoyed by a Bloomberg report that US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He are exploring ways to cool down the tariff war brewing between the world's two largest economies.The trade-sensitive industrial sector led the S&P 500 and the Dow industrials higher, rising 2.1 percent a day after a broad sell-off in technology stocks pulled markets lower. Asian markets were mixed in morning trade on Friday as investors weighed gains from the optimism for technology shares on Wall Street and the elevated trade tensions between China and the U.S.Apple (NASDAQ:AAPL) made headlines as it rose 2.9% to close at $207.3 in the U.S. on Thursday and became the first U.S.-based company with a market value of $1 trillion. The company reported strong third-quarter earnings earlier this week.China-based PetroChina Co Ltd (HK:0857) reached that valuation in 2007 but slumped soon after a financial crisis sent oil prices down.So far, almost 400 companies listed on the S&P 500 reported earnings this season and about 85% of them beat analysts’ expectations, Bloomberg reported.In Asia, China’s Shanghai Composite and the Shenzhen Component were down 0.1% and 0.5% by 10:20PM ET (02:20 GMT). Chinese stocks continued to underperform their regional peers as trade concerns returned to focus this week. Previous day Roundup Bears finally and decisively took charge of Dalal Street Thursday with the Nifty50 extending early losses and breaking the psychological 11,300-mark on profit booking. The index closed sharply lower, forming 'Bearish Belt Hold' pattern on the daily candlestick chart. Weak global cues amid renewed trade war concerns dented market sentiment.The 50-share NSE Nifty after opening at 11,328.90 which was also an intraday high traded sharply lower to break the 11,300-mark and hit an intraday low of 11,234.95. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-9.55pts], Consumption[-40.75pts],PSE[22.40pts],CPSE[2.35pts],Energy[-142.30pts],FMCG[-99.85pts],Auto[156.45pts],Pharma[122.95pts],IT[-126.75pts],Metal [7.75pts],Realty[-4.55 pts], Fin Serv sector[-130.95pts].
World Indices Index
Value
% Change
25,326.16
-0.03
S&P500
2,826.75
-0.06
NASDAQ FTSE100
7,385.25 7,575.93
-0.01
22,503.33 27,681.20
-0.04 -0.12
DJI
NIKKEI HANG SENG
-1.02
Top Gainers Company
CMP
Change
% Chg
864.85
20.65
2.45
2,227.85
52.15
2.40
Power Grid Corp
188.70
4.00
2.17
HPCL
292.50
5.15
1.79
54.40
0.85
1.59
CMP
Change
% Chg
373.00 1,280.20 9,142.40 1,168.35
-11.50 -32.50 -199.20 -24.00
-2.99 -2.48 -2.13 -2.01
911.30
-18.45
-1.98
Lupin Dr Reddys Labs
Idea Cellular
Top Losers Company
Bharti Airtel Kotak Mahindra Maruti Suzuki Reliance M&M
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
7666.55
238.45
3.11
63.4
3.15
4.97
AIAENG
1682.05
17.95
1.07
ASTRAZEN
1603.25
-12.25
-0.76
16.2
0.8
4.94
ABBOTINDIA ADANIGREEN
BALAXI
Stocks at 52 Week’s LOW Symbol
ABGSHIP ABMINTLTD ANKITMETAL ARENTERP BAGFILMS
Prev. Close
Change
%Chg
5.35 18.45 0.55 9.4 4.45
-0.2 -0.15 0 -0.45 -0.05
-3.74 -0.81 0 -4.79 -1.12
Indian Indices Company
CMP
Change
% Chg
NIFTY
11244.70
-101.50
-0.89
SENSEX
37165.16
-356.46
-0.95
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