Epic Research Special Stock Market Report 25 September 2017

Global markets at a glance
The Dow Jones Industrial Average fell 53.36 points, or 0.24 percent, to 22,359.23, the S&P 500 lost 7.64 points, or 0.30 percent, to 2,500.6 and the Nasdaq Composite dropped 33.35 points, or 0.52 percent, to 6,422.69.US stock indexes slipped on Thursday as investors braced for a third interest rate hike this year and the United States ordered new sanctions against North Korea.The S&P and the Dow snapped a run of record closing highs and Apple was the biggest drag on the three major indexes with a 1.7 percent drop on worries about demand for its latest smartphone.Japan’s Nikkei 225 rose 0.59 percent in early trade as automakers and most financials notched gains. Across the Korean Strait, the Kospi edged up 0.07 percent to break a four-day losing streak.

The Nifty50 futures on the Singapore Stock Exchange were trading 5 points lower at 9,979, indicating a flat opening for the domestic market.
Construction company Capacit’e Infraprojects will make a debut on exchanges on September 25. The issue price is fixed at Rs 250 per share.
Given the overwhelming response to the issue, the grey market premium suggests the listing could be with a premium of more than Rs 125-130 per share. The Rs 400-crore initial public offering of Capacit’e has oversubscribed 183.03 times.

Zydus receives final approval from the USFDA for Amlodipine and Olmesartan Medoxomil Tablet.
GSK has selected Oberoi Realty as the successful bidder for the land measuring approximately 60 acres located at Thane, Maharashtra, for a consideration
of Rs 555 crore

Gold and silver edged higher in morning trade on Tuesday ahead of a two-day Federal Reserve meeting that kicks off later in the day.Gold prices recovered by Rs 350 to Rs 30,850 per 10 grams at the bullion market today, taking positive cues from the global market amid rupee falling to five-month low and increased buying by local jewellers.Silver too recovered by Rs 400 to Rs 40,700 per kg on increased offtake by industrial units and coin makers.Bullion traders said a firm trend overseas, where gold rebounded from a four-week low on renewed geopolitical tensions after North Korea threatened to conduct another hydrogen bomb test prompted investors to seek out the safe- haven asset, influenced the precious metal.

BUY GOLD OCT ABOVE 29650 TGT 29700 29800 SL BELOW 29550
SELL GOLD OCT BELOW 29550 TGT 29500 29400 SL ABOVE 29650

Rupee on Friday hit 65 level against the US dollar for the first time in more than five months amid geopolitical concerns and fears that the US Federal Reserve left the door open for an interest rate hike by December end. Domestic
currency was trading 26 paise down at 65.07 against dollar in early trade. The rupee on Thursday plunged by a whopping 54 paise to end at 64.81 a dollar.

Epic Research Limited is a supreme level financial advisory services provider firm .We have designed services for different investors as per their needs like stock tips, binary option trading tips and many more to serve our clients. We offer regular services for investors with less capital and premium services for massive investors looking for higher returns on investments with bigger targets.
Want to take a FREE TRIAL? Visit our site link below and become a part of our Epic family. Happy trading.
mail us @ info@epicresearch.co

Also you can Whatsapp us at :7049084664

Our Office:411 Milinda Manor, 2 RNT Road, Indore 452001

%d bloggers like this: