Special Report 04-May-2018
Global markets at a glance US stocks were mixed on Thursday, seesawing between positive and negative territory during the session as strong economic data offset disappointing earnings reports from several companies.
World Indices
A sharp drop after the open had pushed the S&P 500 and the Dow Jones Industrial Average below their 200-day moving averages, a key technical indicator of longer-term momentum, but both indexes pared losses to rise back above those levels.The Dow Jones Industrial Average rose 37.37 points, or 0.16 percent, to 23,962.35, the S&P 500 lost 3.97 points, or 0.15 percent, to 2,631.7 and the Nasdaq Composite dropped 3.73 points, or 0.05 percent, to 7,097.16.
Index
Value
% Change
23,930.15
0.02
S&P500
2,627.25
-0.16
NASDAQ
6,650.00
-0.22
FTSE100
7,502.21
1.08
22,458.83 30,208.51
-0.22 -0.35
DJI
NIKKEI HANG SENG
Top Gainers CMP
Change
% Chg
Sun Pharma
536.00
20.80
4.04
Shares of insurer American International Group Inc and drug distributor Cardinal Health Inc plunged after the companies reported quarterly results. AIG, down 6.2 percent, and Cardinal Health, down 19.6 percent, were among the biggest drags on the S&P 500.
Bharti Infratel
324.95
11.15
3.55
NTPC
174.30
3.90
2.29
Tata Steel
585.45
10.95
1.91
Axis Bank
533.40
9.65
1.84
Asian shares were steady while the Japanese yen held onto overnight gains in early trading on Friday as financial markets turned their attention to the looming US payrolls data for fresh catalysts.Investors were cautious after a largely weak performance on Wall Street overnight as some disappointing earnings reports offset strong economic data, while bond yields slid after a surprising slowdown in euro zone inflation.
Top Losers Company
CMP
Change
% Chg
HCL Tech
925.70
-74.80
-7.48
63.95
-3.30
-4.91
707.90 29,878.40
-25.50 -643.85
-3.48 -2.11
1,233.55
-23.30
-1.85
Previous day Roundup
Stocks at 52 Week’s HIGH
The Nifty which opened with a gap up failed to hold onto the momentum and closed just above its crucial support level of 10,700 making a Bearish Belt Hold kind of pattern on the daily charts.
Symbol
A ‘Bearish Belt Hold’ pattern is formed when the opening price becomes the highest point of the trading day (intraday high) and the index declines throughout the trading day making up for the large body. The candle will either have a small or no upper shadow and small lower shadow.Formation of a Bearish Belt Hold pattern after a bullish candle does not augur well for the bulls, but as long as Nifty holds above 10,680-10,700 levels, the momentum should continue. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-3.55], C o n s um pt io n[ -4 8 .3 5 pt s ],P S E[7 .6 5 p ts ] ,CP S E[ 2 .8 0 p ts ],E ne rgy [ - 62 .2 0 pts ], FM CG [ -3 3 1 .9 0 p ts ], A uto [ 5 6 .5 5 p ts ] ,P h a rm a [5 .2 5 pt s ], IT [ -2 8 0 .3 5 p ts ] ,M e ta l [27.80pts],Realty[ -5.25 pts], Fin Serv sector[ 17.65 pts].
Company
Idea Cellular UPL Eicher Motors Kotak Mahindra
Prev. Close
Change
%Chg
21STCENMGM
45.55
-0.9
-1.98
5PAISA ASIANHOTNR
424.85 319.3
21.2 3.7
4.99 1.16
ASTEC
691.25
45.05
6.52
CYIENT DCMFINSERV ECEIND
806.4 2.15 367.35
17.6 0.1 73.45
2.18 4.65 19.99
ARVSMART Stocks at 52 Week’s LOW Symbol
Prev. Close
Change
%Chg
ABGSHIP
6.55
0.25
3.82
ABMINTLTD
27.6
-1
-3.62
ADHUNIK
3.45
-0.05
-1.45
Indian Indices Company
CMP
Change
% Chg
NIFTY
10679.70
-38.30
-0.36
SENSEX
35103.14
-73.28
-0.21
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