Special Report 18-July-2018
Global markets at a glance Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell expressed an optimistic US economic view and solid earnings bolstered the outlook for a robust reporting period. In written statement Powell signalled that an era of stable economic growth may continue, but the Fed chairman was challenged in a congressional hearing by senators worried about the Trump administration's trade policies. The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America's results reinforced expectations of a strong US earnings season.Netflix shares ended the session up 1.2 percent but dropped more than 14 percent after the bell when it reported results. The company missed Wall Street forecasts for U.S. and international subscribers. Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough.Japan's Nikkei leapt out of the blocks with a 1 percent gain as a weakening yen promised to fatten exporters' profits.MSCI's broadest index of Asia-Pacific shares outside Japan . Previous day Roundup The Nifty50 after opening higher at 10,939.65 wiped out early gains to hit an intraday low of 10,925.60, but managed to recoup those losses in morning trade itself and reclaimed psychological 11,000-mark in later part of the session. The index hit an intraday high of 11,018.50, before closing 71.10 points higher at 11,008.The Nifty Bank index closed at 27,008.10, up 328.3 points on Tuesday. The important Pivot level, which will act as crucial support for the index, is placed at 26,760.77, followed by 26,513.43. On the upside, key resistance levels are placed at 27,148.37, followed by 27,288.63. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[59.60pts], Consumption[8.00pts],PSE[63.30pts],CPSE [46.50pts],Energy[233.90pts],FMCG[-298.30pts],Auto [130.50pts],Pharma[1 39.70pts],IT[1.20 pts],Metal [54.55pts],Realty[2.65 pts], Fin Serv sector[100.80pts].
World Indices Index
Value
% Change
25,119.89
0.22
S&P500
2,813.00
0.06
NASDAQ FTSE100
7,855.12 7,626.33
0.63 0.34
22,860.31 28,254.29
0.71 0.26
DJI
NIKKEI HANG SENG
Top Gainers Company
CMP
Change
% Chg
HPCL
281.30
16.95
6.41
Hindalco
219.50
6.45
3.03
Axis Bank
537.90
15.80
3.03
SBI
259.05
7.45
2.96
ICICI Bank
266.45
7.20
2.78
CMP
Change
% Chg
HUL Tech Mahindra Bharti Airtel Dr Reddys Labs
1,681.70 646.80 342.55 2,065.30
-69.55 -10.50 -4.85 -28.65
-3.97 -1.60 -1.40 -1.37
Eicher Motors
27,153.70
-270.60
-0.99
Top Losers Company
Stocks at 52 Week’s HIGH Symbol
Prev. Close
Change
%Chg
BAJAJFINSV
6247.85
106.15
1.7
BERGEPAINT
299.55
14.45
4.82
BRITANNIA
6532.7
-94.7
-1.45
CIGNITITEC
403.45
15.55
3.85
ELECTROSL
2.7
0.1
3.7
Stocks at 52 Week’s LOW Symbol
ABAN ABGSHIP ACC ACCELYA ADORWELD
Prev. Close
Change
%Chg
106.25 5.35 1266.85 1099.25 281.35
-1.05 0.2 22.15 -1.9 -1.35
-0.99 3.74 1.75 -0.17 -0.48
Indian Indices Company
CMP
Change
% Chg
NIFTY
11008.00
71.10
0.65
SENSEX
36519.96
196.19
0.54
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