Global Indices
Global Indices 23-Jan Prev_Day Abs. Change
% Change
Russell 3000 1,828 1,800 28 1.56
Nasdaq 11,364 11,140 224 2.01
FTSE 7,785 7,771 14 0.18
Nikkei 26,906 26,554 353 1.33
Hang Seng
[1]
22,045 21,651 394 1.82
Indian Indices 23-Jan Prev_Day Abs. Change
% Change
S&P BSE Sensex 60,942 60,622 320 0.53
Nifty 50 18,119 18,028 91 0.50
Nifty 100 18,249 18,169 80 0.44
Nifty 500 15,403 15,348 55 0.36
Nifty Bank 42,821 42,507 314 0.74
S&P BSE Power 4,501 4,522 -20 -0.45
S&P BSE Small Cap 28,544 28,630 -86 -0.30
S&P BSE HC 23,031 22,849 182 0.80
Date P/E Div. Yield P/E Div. Yield
23-Jan 23.17 1.19 21.60 1.35
Month Ago 23.29 1.19 21.40 1.29
Year Ago 27.85 0.92 24.29 1.18
Nifty 50 Top 3 Gainers
Company 23-Jan Prev_Day
% Change
HUL 2596 2549 1.87
Sun Pharma 1049 1030 1.84
Tech Mahindra 1065 1047 1.80
Nifty 50 Top 3 Losers Domestic News
Company 23-Jan Prev_Day
% Change
Shree Cements Limited 23037 24421 -5.67
Ultratech Cem 6850 7177 -4.56
Grasim Indus 1631 1655 -1.45
Advance Decline Ratio
BSE NSE
Advances 1608 1013
Declines 2045 1245
Unchanged 178 98
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -16876
MF Flows** 819
*23
rd
Jan 2023; **5
th
Jan 2023
Economic Indicator
YoY(%) Current Year Ago
CPI
5.72%
(Dec-22)
5.66%
(Dec-21)
IIP
7.10%
(Nov-22)
1.00%
(Nov-21)
GDP
6.30%
(Sep-22)
8.40%
(Sep-21)
[1]
Data as on 20 Jan, 2023
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 January 2023
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 Market
Indices Performance
P/E Dividend Yield
Sensex
Nifty
-0.70%
(Aug-22)
13.50%
(Jun-22)
Quarter Ago
Inflow/Outflow
529
-1641
7.41%
(Sep-22)
Indian equity markets closed with modest gains as supportive global cues
helped to underpin the market sentiments. Investors remained hopeful that
central banks may consider for less aggressive rate hike followed by the
decline in inflation data. Further, upbeat quarterly earning numbers for
some of the key stocks also contributed to the upside of the benchmark
indices.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.53% and 0.5%
to close at 60,941.67 and 18,118.55 respectively.
The overall market breadth on BSE was weak with 1,608 scrips advancing
and 2,045 scrips declining. A total of 178 scrips remained unchanged.
On the BSE sectoral front, S&P BSE IT was the major gainer, up 1.65%
followed by S&P BSE Teck, up 1.48% and S&P BSE Healthcare, up 0.8%. S&P
BSE Commodities was the major loser, down 1.14% followed by S&P BSE
Realty, down 0.72% and S&P BSE Power, down 0.45%.
Since its debut in July 2020, the Agriculture Infrastructure Fund (AIF) has
raised more over Rs. 30,000 crore to support projects involving the
construction of post-harvest management facilities. The AIF is a financing
tool for building post-harvest infrastructure and assets for community
farms. By FY2526, Rs. 1 lakh crore is to be disbursed under this plan, and
until the fiscal year 20322033, interest would be subsidised and credit
guarantees will be provided.
The Reserve Bank of India said that there will be no limits on foreign
investment in the sovereign green bonds that the Indian government will
issue. According to a notice from the central bank, these securities will be
counted as defined securities under the fully accessible route.
Secretary of the Department for Promotion of Industry and Internal Trade,
the PM GatiShakti initiative will play a significant role in lowering the
logistics cost, increasing efficiency and benefitting businesses. All logistics
and connectivity infrastructure projects, entailing an investment of over Rs.
500 crore, are routed through the network planning group, constituted
under the PM GatiShakti initiative.
According to estimates by an Indian Bank, the Emergency Credit Line
Guarantee Scheme, which the government introduced during the epidemic,
have prevented about 12% (or Rs. 2.2 trillion) of the outstanding MSME
credit from turning into bad loans, protecting 16.5 million employment till
Nov 2022.
Coal India arm Mahanadi Coalfields Ltd is in the process of diversifying into
power generation and will set up a coal-based plant entailing an investment
of around Rs. 12,000 crore in Odisha.
IDBI Bank's net profit surged 60% YoY to Rs. 927 crore on a sharp
improvement in net interest margin in the Dec quarter of 2022. The bank's
net interest income improved by 23% YoY to Rs. 2,925 crore in Q3FY23.
Asian markets rose after minutes of the Bank of Japan's Dec 2022 policy
meeting showed board members wanted to modify their yield control curve
to improve market functionality. However, most of the market remained
closed on account of Lunar New Year celebrations. Today (as on Jan 24),
Asian markets opened on a high note followed by the strong gains from the
U.S. markets. While Nikkei rose 1.24%, Hang Seng closed for public holidays
(as at 8 a.m. IST).
European equity markets closed higher as investors now hopeful for less
aggressive rate hike by the central banks in the upcoming monetary policies
following the latest inflation data. Further, growth outlook on the Chinese
economy also contributed to the upside. However, worries for the
upcoming earning updates for last quarter, restricted the upside.
US equity markets closed sharply higher lead by strong buying in technology
stocks. Upbeat earning numbers of the last quarter helped the rally along
with the hope for less aggressive rate hike by the U.S. Federal Reserve.
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