
Global Indices
Global Indices 31-Jan Prev_Day Abs. Change
Russell 3000 3,225 3,236 -11 -0.35
Nasdaq 19,627 19,682 -54 -0.28
FTSE 8,674 8,647 27 0.31
Nikkei 39,572 39,514 59 0.15
Hang Seng
[1]
20,225 20,198 27 0.14
Indian Indices 31-Jan Prev_Day Abs. Change
BSE Sensex 77,501 76,760 741 0.97
Nifty 50 23,508 23,250 259 1.11
Nifty 100 24,053 23,773 281 1.18
Nifty 500 21,581 21,298 283 1.33
Nifty Bank 49,587 49,312 275 0.56
BSE Power 6,553 6,390 163 2.56
BSE Small Cap 49,958 49,059 899 1.83
BSE HC 41,803 41,620 183 0.44
Date P/E Div. Yield P/E Div. Yield
31-Jan 22.05 1.18 21.33 1.38
Month Ago 22.66 1.16 21.79 1.27
Year Ago 24.56 1.12 22.46 1.23
Nifty 50 Top 3 Gainers
Company 31-Jan Prev_Day
United Phos 604 567 6.49
Tata Beverages 1025 967 5.99
L&T Ltd. 3567 3421 4.28
Nifty 50 Top 3 Losers Domestic News
Company 31-Jan Prev_Day
Divi's Lab 5578 5736 -2.76
Bharti Airtel 1626 1641 -0.88
JSW Steel 945 951 -0.62
Advance Decline Ratio
BSE NSE
Advances 2664 2080
Declines 1275 728
Unchanged 108 60
Institutional Flows (Equity)
Description (Cr)
FII Flows* -78027
MF Flows** 57529
*31
st
Jan 2025; **29
th
Jan 2025
Economic Indicator
YoY(%) Current Year Ago
CPI
[1]
Data as on 28 Jan, 2025
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI from 2010 to
2012
• Indian equity markets rose for the fourth straight session with optimism
around upcoming union budget along with expectations for a rate cut by
the RBI in Feb 2025. Investors also reacted positively to the Economic
Survey 2025 tabled in the Parliament on Jan 31, 2025, that pegged GDP
growth between 6.3% to 6.8% for FY26. Gains were extended following
positive global cues as encouraging earnings updates from the prominent
U.S. tech companies offset U.S President’s renewed tariff threats and
concerns over China's growing artificial intelligence capabilities.
• Key benchmark indices BSE SENSEX and Nifty 50 gained 0.97% and 1.11%
to close at 77,500.57 and 23,508.40 respectively.
• The overall market breadth on BSE was strong with 2,664 scrips advancing
and 1,275 scrips declining. A total of 108 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. Capital Goods was the major
gainer, up 3.89%, followed by Industrials and Consumer Durables, up 3.61%
and 2.77%, respectively. Power and Realty gained 2.56% and 2.24%
respectively.
• According to the Ministry of Commerce & Industry, the combined Index of
Eight Core Industries increased by 4.0% YoY in Dec 2024 as compared to
5.1% growth in Dec 2023. All the components of the Eight Core Industries
witnessed growth in Dec 2024 over the corresponding month of last year
except natural gas, with coal production witnessed the highest rate of
growth with 5.3% followed by steel and electricity with 5.1% each, while
crude oil rose the least by 0.6% followed by fertilizers by 1.7%.
• Government data showed that India’s fiscal deficit for the period from Apr
to Dec of FY25 stood at Rs. 9.14 lakh crore or 56.7% of the Budget
Estimates (BE) of the current fiscal. India’s fiscal deficit was at 55.0% of the
BE in the corresponding period of the previous fiscal year. Total
expenditure stood at Rs. 32.3 lakh crore or 67.0% of the BE as compared to
67.8% of the BE in the corresponding period of the previous fiscal year.
• According to the Economic Survey 2024-25, the percentage of self-
employed individuals in India's workforce has increased to 58.4% in 2023-
24 from 52.2% in 2017-18, indicating a rise in entrepreneurial activity and
inclination towards flexible work options.
• Sun Pharma announced a 15% increase in YOY revenue, reaching Rs. 2,903
crore for the third quarter ended Dec 2024. The company recorded an
exceptional item amounting to Rs. 316 crore during this reporting period.
Additionally, the company has declared an interim dividend of Rs. 10.5 per
share for the FY 2024-25.
• Vedanta Ltd announced a 76% YOY increase in its consolidated net profit, ,
amounting to Rs. 3,547 crore for the third quarter ended Dec 31, 2024. This
profit is attributed to the shareholders of the company. Additionally,
revenue from operations rose by 10% YOY, reaching Rs. 38,526 crore.
• Asian equity markets rose as upbeat corporate quarterly earnings updates
from U.S. technology companies helped to gain market sentiment.
Meanwhile, markets in mainland China, Hong Kong and Taiwan remained
closed for the Lunar New Year holiday. Today (as on February 03), Asian
markets opened lower after U.S. President levied tariffs on Canada, Mexico
and China over the weekend.Both Nikkei and Hang Seng fell by 2.26% and
2.23% respectively (as at 8 a.m. IST).
• European equity markets mostly rose as the investors evaluated the
economic data, earnings news, and monetary policy announcements from
the U.S. Federal Reserve and the European Central Bank, while dismissing
worries regarding the possible effects of the low-cost AI model developed
by Chinese startup on the earnings of major technology companies.
• U.S. equity markets fell following the announced that tariffs will be
imposed on significant U.S. trading partners starting on Feb 1, 2025.
Further, the administration is set to impose tariffs of 25% on imports from
Mexico and Canada, along with a 10% duty on goods from China.
Meanwhile, a report released by the Commerce Department showing
consumer prices in the U.S. increased in line with economist estimates in
the month of Dec 2024 have negatively influenced market sentiment.