Special report 04 july 2018 epic research

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Special Report 4-July-2018

Global markets at a glance Wall Street ended higher on Monday after a choppy session, with gains in Apple and other technology stocks offsetting worries about an escalating trade war between Washington and its trading partners.Microsoft Inc , Facebook Inc and Apple Inc each rose 1 percent or more, pushing the S&P 500 information technology index up 0.99 percent, bringing gains for the year-to-date to 11 percent as investors bet on strong earnings from Silicon Valley in the approaching quarterly reporting season.

World Indices Index

Value

% Change

24,307.20

0.15

S&P500

2,725.25

-0.07

NASDAQ FTSE100

7,113.50 7,547.85

-0.06 -1.18

21,644.83 28,144.92

-0.77 -2.88

DJI

NIKKEI HANG SENG

Top Gainers Asian shares dropped in tentative morning trade on Tuesday as sentiment remained fragile in the face of tense trade relations between the United States and major economies, with investors braced for another potentially rocky day for Chinese markets. Investors, worried the trade row could derail a rare period of synchronized global growth, have pulled out of riskier assets in the past month or so. The Asia Pacific MSCI index ex-Japan dropped 0.66 percent on early Tuesday trade, while Japan’s Nikkei average was little changed.In China, the Shanghai Composite Index shed 0.23 percent and the blue chip CSI300 index fell 0.19 percent. Previous day Roundup The Nifty opened above its previous closing levels at 10,668.60 but the correction in Asian peers forced it to hit an intraday low of 10,630.25. The follow through buying and recovery in Asian counterparts then helped it regain strength in the morning itself to hit an intraday high of 10,713.30 before it finally closed 42.60 points higher at 10,699.90. India VIX fell down up by 2.77 percent at 13 levels. Lower volatility indicates limited downside and decline is being bought. The Nifty Bank index closed at 26,204.1 on Tuesday. The important Pivot level, which will act as crucial support for the index, is placed at 26,125.37, followed by 26,046.63. On the upside, key resistance levels are placed at 26,299.47, followed by 26,394.83. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[10.85pts], Consumption[33.30pts],PSE[21.35pts],CPSE [21.35pts],Energy[126.45pts],FMCG[196.10pts],Auto [113.35pts],Pharma[191.40pts],IT[150.25pts],Metal[ 12.45pts],Realty[0.40 pts], Fin Serv sector[-23.00pts].

Company

CMP

Change

% Chg

Cipla

640.40

23.40

3.79

Sun Pharma

573.60

10.45

1.86

Bajaj Finserv

5,885.20

106.90

1.85

Maruti Suzuki

8,975.15

154.10

1.75

903.10

13.65

1.53

CMP

Change

% Chg

231.05

-8.80

-3.67

Bharti Infratel ICICI Bank HDFC

291.50 272.90 1,879.70

-7.40 -4.50 -17.40

-2.48 -1.62 -0.92

UltraTechCement

3,749.85

-27.45

-0.73

Lupin

Top Losers Company

Vedanta

Stocks at 52 Week’s HIGH Symbol

Prev. Close

Change

%Chg

527.65

26.35

4.99

BANG

51.9

1.2

2.31

ELECTROSL

1.85

0.05

2.7

822.8

-2.8

-0.34

1235.1

16.3

1.32

BANDHANBNK

FINEORG GODREJCP

Stocks at 52 Week’s LOW Symbol

8KMILES ABAN ADVANIHOTR AGCNET ALPSINDUS

Prev. Close

Change

%Chg

392.2 109.65 51.4 104.05 1.9

-77.7 6.45 -1.7 -2 0.05

-19.81 5.88 -3.31 -1.92 2.63

Indian Indices Company

CMP

Change

% Chg

NIFTY

10699.90

42.60

0.40

SENSEX

35378.60

114.19

0.32

_____________________________________________________________________________________________________________________ Please refer to disclaimer Epic Research Ltd www.epicresearch.co


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