Wednesday, 28 March 2018

Asian Markets Update-Sai Proficient

Asian Stocks sagged on Thursday after a tech-led retreat on Wall Street while the safe haven yen was broadly lower against the dollar on Thursday amid perceived progress on North Korea issues.

Japan’s Nikkei rose 0.6 percent with the weaker yen supporting exporter shares while South Korea’s KOSPI added 0.1 percent.


Shanghai rose 0.05 percent, Hong Kong’s Hang Seng fell 0.35 percent and Australian stocks shed 0.4 percent.
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Wall Street closes lower in rocky session on Amazon losses-Sai Proficient

Wall Street closed lower after a rocky session on Wednesday as gains in consumer staples and healthcare were offset by a sharp drop in Amazon shares and a continuing slide in technology stocks.


The DowJones Industrial Average fell 9.29 points, or 0.04 percent, to 23,848.42, the S&P 500 lost 7.62 points, or 0.29 percent, to 2,605 and the Nasdaq Composite dropped 59.58 points, or 0.85 percent, to 6,949.23.

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Tuesday, 27 March 2018

Sensex falls 160 points, close to Nifty 10120-Sai Proficient

Due to poor global signals, the Indian markets have also started weakening. Sensex and Nifty are showing a decline of 0.5%. Nifty dived to 10,120 while Sensex slipped to 33,05.6.

Mid-caps and smallcap stocks are also being sold. BSE's mid-caps index dropped 0.3%, while the mid-cap index of the Nifty 100 index declined 0.5%. BSE's smallcap index has rolled 0.5%.

Metal, banking, IT, Capital Goods, Oil & Gas Power and Realty stocks are among the highest sellers. Bank Nifty is down 0.7% and is trading at 24,266 level.


Meanwhile, Hindalco, Tata Steel, Vedanta, Adani Ports, HPCL, SBI, Yes Bank and NTPC have fallen by 2.3-1.1% during the trade in the market. However, in the giants, Indiabulls Housing, Tech Mahindra, Lupine, Bajaj Finance, Tata Motors, Wipro and Tata Motors DVR have increased by 0.8-0.3%.

Among the mid-cap stocks, Vikrami, Jindal Steel, IDBI Bank, Reliance Communications and Adani Power have risen 5-2.6%. However, Berger Paints, Biocon, Oberoi Realty, Container Corp and Emami have risen 3.2-1% in the midcap stocks.

Quality in smallcap stocks, Indocho Remedies, Persistent, Fortis Health and Talvalkar's fitness are broken up to 20-5%. However, messages in Smallcap Shares, Walchandnagar, Oriental Weinier, RPP Infra and Modern Industries have risen 14.6-4.3%.

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Sunday, 25 March 2018

Asian Markets Update-Sai Proficient

Asian markets traded lower on Monday, following a global sell-off late last week amid fears that rising tensions between the United States and China could lead to a full-blown trade war.

In Australia, the benchmark ASX 200 opened lower, trading down 0.57 percent at 5,787.4 in morning trade. The heavily weighted financial sector was down 0.81 percent.


In Japan, the Nikkei 225 fell 1.02 percent in early morning trade. The Topix index was down 0.83 percent. Across the Korean Strait, the Kospi fell 0.41 percent.

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Thursday, 22 March 2018

Asian Stocks sink as trade tensions escalate; yen firms-Sai Proficient

Asian Markets slumped on Friday, tracking sharp falls in US and European stocks, which took a hit on fears of a potential trade war.


In Tokyo, the Nikkei 225 fell 3.59 percent in the morning after earlier dropping to its lowest levels in around five months. Major exporters were downbeat, with Toyota falling 2.57 percent and Sony losing 3.02 percent.

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Tuesday, 20 March 2018

Asian Markets Update-Sai Proficient

A hush settled over financial markets on Wednesday as investors waited to hear how often the Federal Reserve might hike US rates this year, while the currencies of exporting nations were rattled by fears of a full-blown trade war.

MSCI’s broadest index of Asia-Pacific shares outside Japan was barely changed after four straight days of losses. E-Mini futures for the S&P 500 were slightly softer.


Japan’s Nikkei was closed for a local holiday while Australian shares were up 0.4 percent.

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Monday, 19 March 2018

Minor Fall in Sensex-Sai Proficient

Nifty 10070, minor fall in Sensex

Beginning with the weakness of domestic markets. In the initial trading, the Nifty dived to 10,049.1 while the Sensex slipped to 32,811. Sensex and Nifty have seen a decline of 0.25% in trading.

There is also pressure in mid-caps and smallcap stocks. BSE's mid-caps index dropped 0.5%, while the mid-cap index of the Nifty 100 index declined 0.4%. BSE's smallcap index has rolled 0.6%.



At the moment, BSE's 30-share index Sensex has dropped 75 points, or 0.25%, to 32,848 levels. NSE's 50-share index, Nifty, is trading at 10,066 level with a decline of 28 points i.e. 0.3%.

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