Special Report 17-Aug-2018
Global markets at a glance US stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.A broad rally pulled all three major US indexes higher following Wednesday’s sell-off.Walmart Inc shares jumped 9.3 percent after the world’s largest retailer topped earnings estimates and posted its best same-store sales growth in a decade.Easing trade tensions gave relief to tariff-vulnerable industrials, which led the Dow Jones Industrial Average’s advance. Boeing and Caterpillar ended the session up 4.3 percent and 3.2 percent, respectively.The S&P 500 industrial sector gained 1.2 percent.Escalating tariff rhetoric cooled down on news that Beijing will send a delegation to Washington to help resolve the growing trade conflict between the world’s two largest economies. Asian shares won a modest reprieve on Friday after China and the United States agreed to hold their first trade talks since June next week and as the Turkish lira extended gains from its record low earlier this week.MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2 percent in early trade, a day after it hit its lowest level in a year.Japan’s Nikkei gained 0.5 percent while in US markets, the Dow Jones Industrial Average rose 1.58 percent and the S&P 500 gained 0.79 percent. Previous day Roundup The Nifty reversed gains in the second half of the session to close below its crucial support placed at 11,400 levels on Thursday. It made a bearish candle on the daily candlestick charts.The index slipped below its 5-exponential moving average (EMA) placed at 11,401, but above 13-EMA placed at 11,349. For the momentum to continue on Friday, the index should stay above 11,366 and climb above 11,400 levels.Failure of the index to hold above 11,366 which was the intraday low of Thursday, could drag the index towards 11,230 levels, they say.The Nifty50 which opened at 11,397 rose to an intraday high of 11,449.85. It slipped below 11400 to hit an intraday low of 11,366 before closing at 11,385, down 50 points.India VIX moved up by 2.73 percent at 13.64 levels. On the options front, maximum Put OI is placed at 11,000 followed by 11,200 strikes while maximum Call OI is placed at 11,500 followed by 11,400 strikes. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[16.05pts], Consumption[25.50pts],PSE[-0.10pts],CPSE [10.70pts],Energy[168.55pts],FMCG[245.50pts],Auto [46.45pts],Pharma[294.55pts],IT[129.00pts],Metal [8.80pts],Realty[5.35 pts], Fin Serv sector[67.15pts].
World Indices Index
Value
% Change
DJI
25,558.73
1.58
S&P500
2,845.25
-0.05
NASDAQ FTSE100
7,385.25 7,497.87
-0.04
22,265.02 27,229.29
0.33 0.47
NIKKEI HANG SENG
-1.52
Top Gainers Company
CMP
Change
% Chg
393.80
14.00
3.69
2,353.45
75.00
3.29
Sun Pharma
619.70
17.90
2.97
Lupin
849.75
13.00
1.55
1,429.55
21.25
1.51
CMP
Change
% Chg
Kotak Mahindra Vedanta Idea Cellular Zee Entertain
1,245.40 208.80 50.60 500.45
-47.60 -6.30 -1.40 -13.50
-3.68 -2.93 -2.69 -2.63
HDFC
1,891.20
-50.30
-2.5
GAIL Dr Reddys Labs
Infosys
Top Losers Company
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
193.3
0.7
0.36
1793.25
-25.25
-1.41
ALBERTDAVD
556.4
17
3.06
ALMONDZ
38.15
1.3
3.41
APCOTEXIND
605.1
16.9
2.79
ABFRL AIAENG
Stocks at 52 Week’s LOW Symbol
ABGSHIP ABMINTLTD AMTEKAUTO ASIANTILES ATLANTA
Prev. Close
Change
%Chg
5.15 17.5 7.1 230.2 35.15
0.05 -0.85 -0.15 -6.75 -0.55
0.97 -4.86 -2.11 -2.93 -1.56
Indian Indices Company
CMP
Change
% Chg
NIFTY
11385.00
-50.10
-0.44
SENSEX
37663.56
-188.44
-0.50
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