Special report 28 june 2018 epic research

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Special Report 28-Jun-2018

Global markets at a glance US stocks fell on Wednesday on renewed uncertainty regarding the U.S. stance on Chinese investments in American technology companies, reversing gains earlier in the session. At the market open, stocks rose as President Donald Trump said he will use a strengthened national security review panel "the Committee on Foreign Investment in the United States (CFIUS)" to deal with potential threats from Chinese acquisitions of US technology, instead of imposing Chinaspecific restrictions.The decision was seen by investors as a somewhat softer approach than plans reported earlier to block firms with at least 25 percent Chinese ownership from buying US tech firms. Asian stocks slumped to nine-month lows on Thursday on growing worries the US administration's approach to trade is harming global economic growth even as it appeared to be modifying its approach to curb Chinese investments in US technology firms.US oil prices hit a 3-1/2-year high as plunging US crude stockpiles compounded supply worries in a market already uncertain about Libyan exports, a production disruption in Canada and Washington's demands that importers stop buying Iranian crude. Previous day Roundup

World Indices Index

Value

% Change

24,117.59

-0.68

S&P500

2,710.50

0.20

NASDAQ FTSE100

7,014.75 7,621.69

+0.23 1.10

22,177.58 28,501.03

-0.42 0.51

DJI

NIKKEI HANG SENG

Top Gainers Company

CMP

Change

% Chg

TECHM

716.2

28.35

4.12

INFRATEL

300

7.05

2.41

HCLTECH

922

11.60

1.27

2,114.90

21.20

1.01

605.5

6

1

CMP

Change

% Chg

BPCL

380.65

-34.60

-8.33

HINDPETRO IOC GAIL

275.55 155.4 326

-23.55 -11.40 -15.75

-7.87 -6.83 -4.61

618

-21.80

-3.41

HDFCBANK CIPLA

Top Losers Company

UPL The Nifty, which started on a flat note on Wednesday, closed sharply lower due to weak global cues and fell below its crucial support placed around 10,700 levels, ahead of expiry of June futures & options contracts in the coming session. The index formed a 'Bearish Belt Hold’ kind of pattern on the daily charts. The 50-share NSE Nifty opened at 10,785.50 which was also the intraday high for the index which resulted in small lower shadow. The bears took control of D-Street in morning trade itself and pushed the index below its crucial support placed at 10,700 levels. It hit an intraday low of 10,652.40 and then bounced back to marginally close above its 50-day exponential moving average (EMA) placed around 10,670. Index stats The Market was very volatile in last session. The sartorial in dices performed as follow; Commodities[-77.25pts], C o n s u m pt i o n [ - 4 0 . 8 5 pt s ] , P S E [ -1 1 2 . 6 5 p t s ] , CP S E [ 64.45pts],Energy[-333.90pts],FMCG[-167pts],Auto[1 35 .9 0 pts],P harma[15.7 pts],IT[7 4 .90 pts],Metal[ 42.60pts],Realty[-4.95 pts], Fin Serv sector[-95.70pts].

Stocks at 52 Week’s HIGH Symbol

Prev. Close

Change

%Chg

845.55

-9.45

-1.12

386.5

6.65

1.72

ELECTROSL

1.65

0.05

3.03

GODREJCP

1191.25

18.65

1.57

462.8

3.55

0.77

BATAINDIA DABUR

HEXAWARE

Stocks at 52 Week’s LOW Symbol

ABAN ABCAPITAL ABMINTLTD ADANIGREEN ADANIPOWER

Prev. Close

Change

%Chg

114.5 131.55 20 28.8 17.1

-2.75 -2.85 -0.5 -1.4 -0.95

-2.4 -2.17 -2.5 -4.86 -5.56

Indian Indices Company

CMP

Change

% Chg

NIFTY

1067140

-97.75

-0.91

SENSEX

35217.11

-272.93

-0.77

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