MARKET WRAP: Sensex down 356 pts on US recession fears; Jet Airways up 13%

All that happened in markets today

8:42 AM

Top trading ideas by Prabhudas Lilladher

BUY ASTRAL POLY

CMP: Rs 1,146

TARGET: Rs 1,300

STOP LOSS: Rs 1,080

 

The stock has been in an upward trending mode and with a slight correction witnessed in recent times, the chart looks attractive for further upward momentum in the coming days. READ MORE

8:40 AM

Nifty outlook by Prabhudas Lilladher

The daily trend in Nifty has turned down after 20 days and after 13 days in Bank Nifty. Though the weightage in Nifty50 is still tilted towards positive, the market has witnessed some choppiness and fatigue at higher levels. Further weakness could be seen with a break of 11,400 levels. READ MORE

8:30 AM

Bulk deals on NSE as on Friday

20-Mar-2019	AKG	AKG Exim Limited	KESHAV SHARES & STOCKS LTD.	BUY	56,000	33.39	-
20-Mar-2019	AKG	AKG Exim Limited	KESHAV SHARES & STOCKS LTD.	SELL	4,000	35.50	-
20-Mar-2019	AKG	AKG Exim Limited	PIYUSH CHANDRAKANT RATHI	SELL	52,000	33.21	-
20-Mar-2019	CARBORUNIV	Carborundum Univ Ltd	SUNDARAM MUTUAL FUND A/C SELECT MIDCAP	BUY	13,04,648	357.55	-
20-Mar-2019	CREATIVE	Creative Peri & Dist Ltd.	MANJU JAYANTILAL LODHA	BUY	76,800	114.92	-
20-Mar-2019	CREATIVE	Creative Peri & Dist Ltd.	NAYSAA SECURITIES PRIVATE LIMITED	SELL	76,800	114.92	-
20-Mar-2019	GODHA	Godha Cabcon Insulat Ltd	SHRESTH BUILDERS PRVT LTD	SELL	1,00,000	18.40	-
20-Mar-2019	HEXATRADEX	Hexa Tradex Limited	APMS INVESTMENT FUND LTD	SELL	4,66,086	21.90	-
20-Mar-2019	HEXATRADEX	Hexa Tradex Limited	ERISKA INVESTMENT FUND LTD	BUY	4,66,086	21.90	-
20-Mar-2019	IRISDOREME	Iris Clothings Limited	BINABEN SAMIRKUMAR PATEL	BUY	24,000	144.75	-

Click here for full list

8:20 AM

SGX Nifty

At 8:20 AM (IST), Nifty futures on Singapore Exchange (SGX) were trading at 11,422, down 48 points, indicating a negative start for the domestic market

8:14 AM

Asian Markets check

Investors dumped shares on Monday and fled to the safety of bonds on growing worries about an impending U.S. recession, sending global yields plunging. US stocks futures turned negative in early Asian trading with E-minis for the S&P 500 skidding 0.5 per cent. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.6 per cent to a one-week low. Japan’s Nikkei tumbled 2.9 percent, South Korea’s Kospi index declined 1.5 per cent while Australian shares faltered 1.3 per cent.

8:11 AM

Wall Street check

Wall Street stocks sold off sharply on Friday, with all three major US stock indexes dropping between 1 and 2 per cent as weak factory data from the United States and Europe led to an inversion of US Treasury yields, fuelling fears of a global economic downturn

 

The Dow Jones Industrial Average fell 298.58 points, or 1.15 per cent, to 25,663.93, the S&P 500 lost 37.14 points, or 1.30 per cent, to 2,817.74 and the Nasdaq Composite dropped 144.64 points, or 1.85 per cent, to 7,694.32.

8:02 AM

Good morning

 

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