Stock market special report by epic research 31st july 2014

Page 1

DAILY REPORT 31st JULY 2014

Global markets at a glance Asian equities were mixed on Thursday following robust US economic data and as investors braced for Argentina to default on its debt for the second time in twelve years. Shanghai Composite declined 3.50pts to 2,177.74 while Hang Seng rose 5.20pts to 24,737.41 and Nikkei 225 Average advanced 72.17pts to 15,718.40,. STI rose 17.1pts to 0.51% to 3,370.76. European shares closed lower on Wednesday, as strong U.S. growth failed to offset some weak earnings reports and concern the conflict between Russia and Ukraine will escalate. The FTSEurofirst 300 index closed 0.5% lower at 1,366.52pts after a choppy session.

World Indices Index DJl S&P 500 NASDAQ EURO STO FTSE 100 Nikkei 225 Hong Kong

Value

% Change

16880.36 1970.07 4462.90 3169.23 6773.44 15696.07 24754.54

-0.19 +0.01 +0.45 -0.67 -0.50 +0.32 +0.09

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Wall Street Update The S&P 500 and Nasdaq ended higher on Wednesday after the Federal Reserve gave a rosier assessment of the US economy while reaffirming that it is in no hurry to raise interest rates. The US central bank also, as expected, reduced its monthly asset purchases to USD 25 billion from USD 35 billion. The Dow Jones industrial average fell 31.75 points, or 0.19 %, to 16,880.36, the S&P 500 gained 0.12 points, or 0.01 %, to 1,970.07, and Nasdaq Composite added 20.20 points, or 0.45 %, to 4,462.90. Previous day Roundup Equity benchmarks bounced back after two-day fall. The 30-share BSE Sensex jumped 96.19 points to close at 26087.42 while the 50-share NSE Nifty rallied 42.70 points to 7791.40 ahead of expiry of July derivative contracts. About 1403 shares have advanced, 1488 shares declined, and 121 shares are unchanged. Equity benchmarks rebounded in last couple of hours of trade on Wednesday after falling since last Friday. The market saw the third highest turnover at Rs 6.43 lakh crore ahead of expiry of July derivative contracts on Thursday. Index stats The Market was very volatile in last session. The sartorial indices performed as follow; Consumer Durables [down pts], Capital Goods [down 725.96pts], PSU [up 45.42pts], FMCG [up 24.23pts], Auto [up 99.54pts], Healthcare [up 164.55pts], IT [down 24.28Pts], Metals [up 57.32pts], TECK [up 23.40pts], Oil& Gas [up 44.96pts], Power [up 13.46pts], Realty [up 15.30pts].

CMP

Change

% Chg

1,180.00

61.35

5.48

BHARTIARTL

373.30

19.35

5.47

PNB

981.00

41.20

4.38

DLF

200.70

6.35

3.27

KOTAKBANK

970.80

29.60

3.14

CMP

Change

% Chg

1,526.10 277.00 99.60 2,157.00 2,363.15

115 5.15 1.65 34.05 34.60

-7.01 -1.83 -1.63 -1.55 -1.44

Prev. Close

Change

%Chg

ASIAN PAINT

643.00

7.00

+1.10

BHARTIARTL

373.30

19.35

+5.47

DABUR

200.40

2.45

+1.24

HINDUNILVR

695

8.20

+1.19

KOTAK BANK

970.80

29.60

+3.19

Prev. Close

Change

%Chg

CMP

Change

% Chg

7791.40

+42.70

+0.55

26087.42

+96.19

+0.37

LUPIN

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LT JINDALSTEL TATAPOWER TECHM MCDOWELL-N

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NIFTY SENSEX

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