Special Report 07-May-2018
Global markets at a glance Global stock markets were mixed as investors stayed cautious on how central banks would move towards monetary tightening amid convincing growth and inflation risks.
World Indices Value
% Change
23,930.15
0.02
S&P500
2,627.25
-0.16
Global cues were also weak as investors eyed the outcome of US-China trade talks as well as the US jobs report.
NASDAQ
6,650.00
-0.22
FTSE100
7,502.21
1.08
Back home, markets closed the week in the red dragged by profit booking, after hitting three-month highs, ahead of elections in the key state of Karnataka.The 31-share BSE Sensex closed down 187.76 points at 34,915.38 and the 50share NSE Nifty fell 61.40 points to 10,618.30. For the week, the Sensex lost 0.7 percent and Nifty shed 1.1 percent after rallying 7 percent for the previous five consecutive sessions. The Nifty VIX for the week closed at 12.99 percent and is expected to remain sideways.
NIKKEI HANG SENG
22,458.83 30,208.51
-0.22 -0.35
Asian shares crept higher on Monday after a tame reading on US wages lessened the risk of faster rate hikes by the Federal Reserve, although Sino-US trade tensions and a looming deadline for the Iranian nuclear deal argued for caution. The week ahead also has important readings on the health of the Chinese economy, and hence global demand, as well as the latest data on US consumer price inflation. The early action was limited with MSCI’s broadest index of Asia-Pacific shares outside Japan up 0.2 percent. Previous day Roundup The Nifty50 which started on a strong failed to hold on to momentum and quickly pared gains on Friday and closed just above its crucial support level of 10,600 levels. The index slipped 0.7 percent for the week ended May 4. Bears took control of the index from the word go and closed near its intraday low making a ‘Bearish Belt Hold’ kind of pattern on the daily charts. On the weekly charts, Nifty formed a bearish candle after closing in green for the past five weeks.The index which broke below 10,650 took support at its 13-day exponential moving average (DEMA) to close at 10,618, down 61.40 points. It opened at 10,700.45 which was also the intraday high and bears pushed the index near its crucial support placed around 10,600 to hit an intraday low of 10,601.60. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-32.05], Consumption[-39.40pts],PSE[-19.10pts],CPSE[-8.35 p ts ],E ne rgy [ - 66 .3 5 pts ], FM CG [ -3 0 8 .3 5 p ts ], A uto [ 127.95pts],Pharma[-148.85pts],IT[-20.80pts],Metal[39.45pts],Realty[ -0.45 pts], Fin Serv sector[ -8.10 pts].
Index DJI
Top Gainers Company
CMP
Change
% Chg
Adani Ports
408.25
11.25
2.83
GAIL
329.75
6.60
2.04
Tech Mahindra
662.65
9.70
1.49
HDFC Bank
1,988.50
20.60
1.05
HUL
1,464.20
12.00
0.83
CMP
Change
% Chg
517.95
-18.05
-3.37
2,888.65
-86.55
-2.91
ITC Yes Bank
277.15 345.10
-7.85 -8.85
-2.75 -2.50
Axis Bank
520.30
-13.10
-2.46
Top Losers Company
Sun Pharma Bajaj Auto
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
5PAISA
446.05
14.95
3.35
1763.95 2.25
55.05 0.1
3.12 4.44
440.8
44.05
9.99
779.3 782.55
18.7 25.45
2.4 3.25
2000.75
48.05
2.4
APOLSINHOT DCMFINSERV ECEIND GMMPFAUDLR KHADIM LUXIND
ARVSMART Stocks at 52 Week’s LOW Symbol
ABMINTLTD ADHUNIK AGARIND
Prev. Close
Change
%Chg
26.6
-1
-3.76
3.45 293.9
-0.05 -14.65
-1.45 -4.98
Indian Indices Company
CMP
Change
% Chg
NIFTY
10618.30
-61.40
-0.57
SENSEX
34915.38
-187.76
-0.53
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