Special Report 17-May-2018
Global markets at a glance Asian equities were mostly lower in morning trade on Thursday after North Korea threatened to walk away from its meeting with U.S. President Donald Trump planned next month. The U.S.-China trade talks, which would be held on Thursday in Washington, also garnered some attention.
World Indices
North Korea leader Kim Jong-Un said on Wednesday that he would reconsider whether to attend the upcoming summit if the U.S. continue to make a “one-sided demand” for the regime to surrender its nuclear weapons. “If the U.S. is trying to drive us into a corner to force our unilateral nuclear abandonment, we will no longer be interested in such dialogue and cannot but reconsider our proceeding to the DPRK-U.S. summit,” Kim said. He added that Trump risked becoming a “more tragic and unsuccessful president than his predecessors” if he didn’t accept North Korea as a nuclear power.South Korea’s KOSPI edged up 0.3% by 9:35PM ET (01:35 GMT).
Top Gainers
Retail and technology stocks led Wall Street higher on Wednesday and the small-cap Russell 2000 hit a record peak, even as a rise in U.S. bond yields to an almost sevenyear high suggested more competition for equities and investors fretted over geopolitics. U.S. Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer would meet with Chinese Vice Premier Liu He, according to reports.The meeting comes after Liu told U.S. lawmakers on Wednesday that he would work hard to address the U.S.China trade imbalance and other problems with the trading relationship. Previous day Roundup The Nifty gave up all gains and closed marginally in the red on Tuesday as uncertainty around who will form the government in Karnataka made investors wary. The index formed an ‘Inverted Hammer’ or a Shooting Star kind of formation on the daily charts. A 'Shooting Star' pattern is formed when the index comes under selling pressure as traders start booking profits at higher levels. This pattern is usually formed in an uptrend and is treated as a reversal pattern, but it would require confirmation before we can conclude that the trend will get reversed in near future. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-38.50], Consumption[32.65pts],PSE[-20.60pts],CPSE[-19.80 pts],Energy[ -2 3 8 .95 pts],FM CG[5 1 3 .3 5 pts],Auto [ 2 2 .1 0 pts],P harm a[ -2 . 0 5 pts],IT[2 0 .6 5 pts] ,M etal[ 15.40pts],Realty[6.20 pts], Fin Serv sector[-113.45 pts].
Index
Value
% Change
24,706.40
-0.78
S&P500
2,710.75
0.06
NASDAQ
6,894.25
0.05
FTSE100
7,724.55
0.31
22,784.93 31,078.73
-0.15 -0.24
DJI
NIKKEI HANG SENG Company
CMP
Change
% Chg
1,574.10
58.60
3.87
Lupin
766.50
15.70
2.09
ITC
285.85
4.00
1.42
Wipro
274.70
3.70
1.37
Yes Bank
349.75
4.00
1.16
CMP
Change
% Chg
297.25
-11.00
-3.57
3,990.75
-118.55
-2.88
Cipla
559.90
-15.90
-2.76
GAIL
330.65
-8.80
-2.59
Reliance
956.15
-22.80
-2.33
HUL
Top Losers Company
ICICI Bank UltraTechCement
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
ASIANPAINT
1314.65
16.05
1.22
BRITANNIA COLPAL DCMFINSERV
5454.8 1151.5 2.7
85.2 25.75 0.1
1.56 2.24 3.7
EDELWEISS GSS HEG
298.8 91.9 3277.8
16.05 2.45 297.2
5.37 2.67 9.07
ARVSMART Stocks at 52 Week’s LOW Symbol
ACC ADHUNIK ADSL
Prev. Close
Change
%Chg
1411.65
-2.4
-0.17
3.15 17.2
0.05 -0.2
1.59 -1.16
Indian Indices Company
CMP
Change
% Chg
NIFTY
10741.10
-60.80
-0.56
SENSEX
35387.88
-156.06
-0.44
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