Stock Market Special Report by www.epicresearch.co - 22nd September 2014


Posted September 22, 2014 by EPICRESEARCH

Stock markets around the world closed flat on Friday as early gains failed to hold through the session, though the upward trend in equities continued and Alibaba soared in its historic U.S. trading debut.

 
Global markets at a glance

Stock markets around the world closed flat on Friday as
early gains failed to hold through the session, though the
upward trend in equities continued and Alibaba soared in
its historic U.S. trading debut. An index of European
shares .FTEU3 ended up 0.25 percent, having closed before
U.S. stocks gave up sharp gains on a drop in large-cap technology shares. The benchmark 10-year Treasury note was
up 14/32, the yield at 2.5781 percent.

Wall Street

U.S. stocks closed little changed on Friday after Alibaba's
strong debut was offset by falling technology shares as Oracle and Yahoo stumbled, but the Dow managed to edge
higher to set a record for a second straight session. The
Dow Jones industrial average .DJI gained 13.75 points, or
0.08 percent, to 17,279.74, the S&P 500 .SPX lost 0.96
points, or 0.05 percent, to 2,010.40, and the Nasdaq Composite .IXIC dropped 13.64 points, or 0.3 percent, to
4,579.79. Volume was heavy, with about 8.68 billion shares
traded on U.S. exchanges, well above the 5.71 billion average so far this month

MACRO NEWS

India, China agree to resolve border dispute via 2005 pact.

Govt to revise real estate Bill.
USFDA continues to audit Sun Pharma's Halol plant
GIC, Aberdeen plan to sell stake in Hero MotoCorp.
BSE expects to list 100 cos on its SME platform by Decend.

STOCKS IN NEWS

HCLTECH is pumping USD 9mn to expand its centre in
North Carolina, creating up to 1,237 new jobs.
Nepal okays GMR's $1.4-bn hydel unit plan.
Kotak Mahindra AMC buys schemes of PineBridge
Mutual Fund.
TechM aims to clock USD 5bn revenues by FY17.
USFDA to start inspection at Aurobindo's H'bad unit
on Sat.
JP Power violates capacity norms in Karcham Wangtoo project.

COMMODITY ROUNDUP

Copper futures traded a shade higher at Rs 421.05 per kg
on positive cues from global markets and rising domestic
spot demand. At the Multi Commodity Exchange, copper
for delivery in November month contracts rose by 50 paise,
or 0.12%, to Rs 421.05 per kg, with a turnover of 619 lots.
Globally, copper for delivery in three months little changed
at $6,843 per tonne at the LME while in New York, the contract for December delivery rose 0.2% to $3.098 a pound.
Fresh positions created by participants, tracking a firming
trend overseas and rising demand in the spot markets, influenced copper prices at futures trade.

CURRENCY ROUNDUP

The dollar index .DXY, which tracks the currency against a
basket of six peers, rose 0.5 percent to 84.76, near its
strongest level in more than four years. The euro shed 0.7
percent to $1.2835. The greenback's recent gains have
lifted the dollar index .DXY - a measure of the dollar's value
relative to six currencies - for 10 consecutive weeks.

Epic Research Private Limited is the advisory firm awarded with the Service Excellence Award. We are delivering services in providing consultation regarding Capital Stock Market of India and other global markets. Our team having experienced researchers who offer updates on the sectors like – Share Advisory Firm, derivative trading, commodity trading, FOREX trading tips etc.

Our research Team give recommendations on the following -

- equity (cash)
- derivatives
- commodity and
- currency

Keep track our offers and services by FREE TRIAL +91 731 6642300
give Missed call at 02653090639
SMS EPIC to 56363 Or visit our site https://www.epicresearch.co/

Or mail us here: [email protected]
or

https://www.epicresearch.co/research/special-reports
###
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Epic Research Pvt Ltd
Website Epic Research
Phone 0731-6642300
Business Address 411 Milinda Manor (Suites 409 - 425) 2 RNT Marg Indore
Country India
Categories Finance
Tags bank nifty tips , epic research , epic research pvt ltd
Last Updated September 22, 2014