Special report 09 may 2018 epic research

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Special Report 09-May-2018

Global markets at a glance Wall Street cut losses to end little changed on Tuesday while energy stocks rallied after US President Donald Trump said the United States would quit the Iran nuclear deal, confirming what many investors had expected.

World Indices

In a televised speech, Trump said the United States would withdraw from a 2015 international agreement designed to deny Tehran the ability to build nuclear weapons, and also reinstate sanctions on Iran. The S&P energy sector erased earlier losses to end the day up 0.78 percent as oil prices reduced earlier declines on bets that the sanctions would disrupt global crude supplies.

Index

Value

% Change

24,360.21

0.01

S&P500

2,670.00

0.22

NASDAQ

7,266.90

0.22

FTSE100

7,565.75

-0.02

22,428.14 30,533.81

-0.36 0.34

DJI

NIKKEI HANG SENG

Top Gainers Company

CMP

Change

% Chg

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.

ICICI Bank

309.30

19.50

6.73

HPCL

307.00

10.00

3.37

30,427.05

660.20

2.22

BPCL

392.60

6.80

1.76

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 AsiaPacific shares outside Japan up 0.2 percent.

Power Grid Corp

212.75

3.45

1.65

CMP

Change

% Chg

865.30

-20.30

-2.29

61.15

-1.25

-2.00

Eicher Motors

Top Losers Company

M&M

Japan's Nikkei was flat, while Australian stocks added 0.3 percent. E-Mini futures for the S&P 500 also inched up 0.2 percent.

Idea Cellular Larsen Infosys

1,364.90 1,165.55

-24.25 -17.45

-1.75 -1.48

Previous day Roundup

Bajaj Finance

1,868.40

-27.05

-1.43

The index closed in green with gains of 2 points but it formed a bearish candlestick pattern which suggests momentum seems to be fading. For bulls to take complete control of D-Street, a close above 10,785 is required else we could consolidate in a narrow range.

Stocks at 52 Week’s HIGH

The Nifty opened at 10,757.90 rose marginally to an intraday high of 10,758.55. It slipped towards its crucial 5days exponential moving average (DEMA) where it took support at 10,691 before bouncing back above 10,700 to close at 10,717.80. India VIX moved up by 2.14 percent at 14.05. On the options front, maximum Put OI is placed at 10,500 followed by 10,600 strikes while maximum Call OI is placed at 11,000 followed by 10,800 strikes. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[9.80], Consumptio n[ -15.00 pts],PSE[25 .60pts],CPSE[5.80 pts],Energy[17.50pts],FMCG[ -31.35pts],Auto[52.40pts],Pharma[-21.15pts],IT[-45.25pts],Metal[6.85pts],Realty[3.70 pts], Fin Serv sector[ 50.95 pts].

Symbol

Prev. Close

Change

%Chg

5PAISA

486.85

-6.55

-1.35

AHLUCONT ASHOKLEY ASTERDM

425.1 165.35 178.75

-2.6 0 7.9

-0.61 0 4.42

ASTRAL BOMDYEING CUB

960 310.25 186.05

10 3.45 3.1

1.04 1.11 1.67

ARVSMART Stocks at 52 Week’s LOW Symbol

A2ZINFRA ADHUNIK ADROITINFO

Prev. Close

Change

%Chg

25.6

-0.55

-2.15

3.35 30.15

0 -0.85

0 -2.82

Indian Indices Company

CMP

Change

% Chg

NIFTY

10717.80

2.30

0.02

SENSEX

35216.32

8.18

0.02

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


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