Special Report 13-Aug-2018
Global markets at a glance US stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank shares and triggered a move out of riskier assets. The Dow and S&P 500 posted declines for the week following five straight weeks of gains, but the S&P 500 remains just 1.4 percent below its record high from Jan. 26. A drop in technology shares added to the day's bearish tone. The S&P technology index fell 0.8 percent, with Intel down 2.6 percent after Goldman Sachs downgraded the stock to "sell." Microchip Technology shares fell 10.9 percent after a disappointing second-quarter revenue forecast.A slump in the Turkish lira worsened after US President Donald Trump doubled tariffs on steel and aluminum imported from the country.Investors fled to safe-haven assets, pushing the dollar higher and weighing on US bond yields. Asian stock markets fell on Friday amid heightened global trade tensions, while currency markets were whipsawed by a searing selloff in Russia's rouble after the United States slapped on new sanctions, and as economic worries sent the Turkish lira tumbling. Washington said it would impose fresh sanctions because it had determined that Moscow had used a nerve agent against a former Russian agent and his daughter in Britain, which the Kremlin denies.The rouble slid to its lowest level since late 2016 on Thursday, hitting 66.7099 roubles to the dollar. At 0021 GMT Thursday, it was changing hands at 66.5245 to the dollar. Previous day Roundup Finally bears managed to take control at Dalal Street as the Nifty50 snapped five-day winning streak on Friday. The index after opening lower remained in the negative territory throughout the session, forming bearish candle on the daily charts and Spinning Top pattern on the weekly scale.The index continued to gain for third consecutive week, rising 0.6 percent taking total three-week gain to 3.8 percent.The 30-share BSE Sensex lost 155.14 points to 37,869.23 and the Nifty Midcap index also participated in the fall, shedding half a percent while the sectoral trend was mixed.The Nifty50 after opening lower at 11,474.95 extended losses as the day progressed and hit an intraday low of 11,419.65, dragged by banking & financials and metals. The index closed 41.20 points lower at 11,429.50. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-31.30pts], Consumption[0.95pts],PSE[-15.75pts],CPSE [18.55pts],Energy[-115.80pts],FMCG[96.35pts],Auto [25.65pts],Pharma[-111.70pts],IT[75.90pts],Metal[67.00pts],Realty[-0.25 pts], Fin Serv sector[-69.35pts].
World Indices Index
Value
% Change
DJI
25,313.14
-0.77
S&P500
2,839.25
-0.51
NASDAQ FTSE100
7,839.11 7,667.01
-0.67
22,298.08 28,366.62
-1.35 -0.85
NIKKEI HANG SENG
-0.98
Top Gainers Company
CMP
Change
% Chg
28,997.70
1558.95
5.68
BPCL
401.60
12.65
3.25
HPCL
286.15
5.70
2.03
M&M
945.95
12.75
1.37
3,319.40
38.05
1.16
CMP
Change
% Chg
SBI Idea Cellular GAIL Sun Pharma
304.45 54.40 362.95 554.00
-12.95 -1.95 -12.60 -17.45
-4.08 -3.46 -3.36 -3.05
Tata Motors
250.10
-7.75
-3.01
Eicher Motors
Hero Motocorp
Top Losers Company
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
3136.15
-75.15
-2.4
21.55
1.05
4.87
BANKBEES
2885.93
-18.08
-0.63
BATAINDIA
954.35
20.9
2.19
BERGEPAINT
314.25
14.25
4.53
ATUL BALAXI
Stocks at 52 Week’s LOW Symbol
ACCELYA ASIANTILES BYKE CANFINHOME CCCL
Prev. Close
Change
%Chg
1072.65 272.8 116.9 326.25 2.85
-50.95 -6 -0.5 -7.05 -0.05
-4.75 -2.2 -0.43 -2.16 -1.75
Indian Indices Company
CMP
Change
% Chg
NIFTY
11429.50
-41.20
-0.36
SENSEX
37869.23
-155.14
-0.41
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