Special Report 6-July-2018
Global markets at a glance Wall Street's major indexes rose on Thursday as reports that the United States and the European Union may agree to withdraw auto tariffs fostered optimism on international trade relations among investors.German Chancellor Angela Merkel said she would back lowering EU tariffs on US car imports. An industry source told Reuters that the US ambassador to Germany, Richard Grenell, had mentioned to German auto executives that US President Donald Trump could abandon threatened tariffs on imported European cars if in return the European Union scrapped duties on US cars.US stocks added to gains in the last hour of trading after having slightly pared gains upon the release of minutes from the Federal Open Market Committee's June meeting. Asian share markets were set for a bumpy ride on Friday just hours ahead of a US deadline to impose tariffs on Chinese imports, which has rattled financial markets in recent weeks as investors feared it could trigger a fullblown global trade war.On Thursday, U.S. President Donald Trump confirmed that the United States would begin collecting tariffs on $34 billion worth of Chinese imports at 12:01 a.m. Washington time (0401 GMT) on Friday, and warned that subsequent rounds could see tariffs imposed on more than $500 billion worth of goods. Previous day Roundup Bears managed to regain control of Dalal Street after a rollercoaster ride. The Nifty50 closed mildly in the red as globally investors remained cautious ahead of the implementation of tariffs by the US and China on Friday.The index failed to hold on to 10,750 levels and formed a bearish candle pattern on the daily charts which also resembles a small Bearish Belt Hold kind of pattern.The 50-share NSE Nifty after opening at 10,786.05, which was also an intraday high, traded in a range of 60 points throughout the session and hit a day's low of 10,726.25, before closing 20.10 points lower at 10,749.80. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-9.25pts], Consumption[13.95pts],PSE[-3.6pts],CPSE[-0.25pts],Energy [-201.65pts],FMCG[291pts],Auto[11.4pts],Pharma[ 125.35pts],IT[-155.65pts],Metal[-48pts],Realty[-4.85 pts], Fin Serv sector[24.05pts].
World Indices Index
Value
% Change
24,356.70
0.75
S&P500
2,738.50
0.00
NASDAQ FTSE100
7,586.40 7,547.85
1.12 -1.18
21,644.83 28,144.92
-0.77 -2.88
DJI
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
YESBANK
348.6
13.05
3.89
3936.85
146.20
3.86
272.75
8.35
3.16
1324
34.20
2.65
271.25
6.90
2.61
CMP
Change
% Chg
836
-50.55
-5.7
1286.5 219.2 964.65
-58.70 -8.85 -25.45
-4.36 -3.88 -2.57
567.7
-11.60
-2
ULTRACEMCO ITC ASIANPAINT COALINDIA
Top Losers Company
TITAN INFY VEDL RELIANCE SUNPHARMA
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
55.8
0.2
0.36
BRITANNIA
6299.75
16.25
0.26
ELECTROSL
1.95
0.05
2.56
GARWALLROP
1115.5
8.25
0.74
GRAPHITE
969.45
-16.25
-1.68
BANG
Stocks at 52 Week’s LOW Symbol
ADORWELD AMTEKAUTO ANKITMETAL ANTGRAPHIC APARINDS
Prev. Close
Change
%Chg
303.4 8.35 1 0.55 659.95
-3.3 0.05 -0.05 0 -8.95
-1.09 0.6 -5 0 -1.36
Indian Indices Company
CMP
Change
% Chg
NIFTY
10749.75
-20.15
-0.19
SENSEX
35574.55
-70.85
-0.20
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