Special report-20-august-epic-research-2018

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Special Report

20-Aug-2018

Global markets at a glance The Dow Jones Industrial Average rose 110.59 points, or 0.43 percent, to 25,669.32, the S&P 500 gained 9.44 points, or 0.33 percent, to 2,850.13 and the Nasdaq Composite added 9.81 points, or 0.13 percent, to 7,816.33. US stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico. Chinese and US negotiators are planning talks to resolve their trade row ahead of meetings in November, the Wall Street Journal reported on Friday. Additionally, Mexico’s economy minister, Ildefonso Guajardo, said he hopes to wrap up outstanding bilateral issues on the North American Free Trade Agreement (NAFTA) by the middle of next week. “The threat of a trade war threatens economic activity,” said Stephen Massocca, senior vice president at Wedbush Securities in San Francisco. “The fact that the administration might resolve (trade disputes) sooner rather than later, without a sustained time frame of slower economic actively due to tariffs, that bodes well for the market.”Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-US trade talks and the Chinese yuan rallied away from dangerous lows. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.4 percent, while Shanghai blue chips firmed 0.2 percent. The Nifty50 after opening sharply higher above psychological 11,400-mark extended rally to move near its intraday record high and finally ended at record closing high on Friday, driven by broadbased buying. The index formed bullish candle on the daily candlestick charts as well as weekly scale. It closed half a percent higher for the truncated week.The broader markets also participated in the rally today with the Nifty Midcap index rising over a percent while all sectoral indices ended in the green with Nifty Bank, FMCG, Metal and Pharma rising 1-2 percent. The Nifty50 started off session above 11,400 levels at 11,437.15 and rallied further during the day to touch an intraday high of 11,486.45 but failed to reclaim its intraday record high of 11,495.20 seen on August 9. 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[+1.43pts],Energy [168.55pts],FMCG[245.50pts],Auto[+104.36pts],Pharma [+185.81pts],IT[+76.30pts],Metal[+216.43pts],Realty [+14.98 pts], Fin Serv sector[+52.06pts].

World Indices Index

Value

% Change

DJI

25,669.32

+0.43

S&P500

2,850.13

+0.33

NASDAQ

7,816.33

+9.81

FTSE100

7,558.59

+2.21

22,210.22 27,463.00

-0.27 +0.92

NIKKEI HANG SENG

Top Gainers Company

CMP

Change

% Chg

1,045.85

46.4

4.64

393.2

14.75

3.9

881.25

31.5

3.71

SBI

302.1

9.4

3.21

Vedanta

215.2

6.4

3.07

CMP

Change

% Chg

387.70 3242.3 28476.15 163.05

-6.1 -40.35 -327.7 -1.4

-1.55 -1.23 -1.14 -0.85

9152.1

-48.45

-0.53

Grasim Yes Bank Lupin

Top Losers Company GAIL Hero Motocorp Eicher Motors ONGC Maruti Suzuki

Stocks at 52 Week’s HIGH Symbol 3MINDIA

Prev. Close

Change

%Chg

25336.8

-136.8

-0.54

39.2

1.55

3.95

619.35

12.65

2.04

1708.25

181.75

10.64

26.05

1.3

4.99

ALMONDZ APCOTEXIND ASTRAZEN BALAXI

Stocks at 52 Week’s LOW Symbol

Prev. Close

Change

%Chg

16.65

0

0

AMTEKAUTO

6.9

0.05

0.72

ANTGRAPHIC

0.5

0

0

BLUEBLENDS

6.65

0.15

2.26

105.3

0.2

0.19

ABMINTLTD

BYKE

Indian Indices Company

CMP

Change

% Chg

NIFTY

11470.75

+85.70

+0.75

SENSEX

37947.88

+284.32

+0.75

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