GlobalIndices
GlobalIndices 02‐Aug Prev_Day Abs.Change
%Change
#
DowJones 25,326 25,334 ‐8 ‐0.03
Nasdaq 7,803 7,707 95 1.24
FTSE 7,576 7,653 ‐77 ‐1.01
Nikkei 22,513 22,747 ‐234 ‐1.03
HangSeng 27,715 28,341 ‐626 ‐2.21
IndianIndices 02‐Aug Prev_Day Abs.Change
%Change
#
S&PBSESensex 37,165 37,522 ‐356 ‐0.95
Nifty50 11,245 11,346 ‐102 ‐0.89
Nifty100 11,536 11,630 ‐94 ‐0.81
NiftyBank 27,356 27,597 ‐241 ‐0.87
SGXNifty 11,278 11,359 ‐81 ‐0.71
S&PBSEPower 1,981 1,972 9 0.44
S&PBSESmallCap 16,640 16,628 12 0.07
S&PBSEHC 14,511 14,363 148 1.03
Date P/E Div.Yield P/E Div.Yield
2‐Aug 23.84 1.18 27.89 1.20
MonthAgo 22.40 1.27 25.76 1.23
YearAgo 24.50 1.20 25.63 0.95
Nifty50Top3Gainers
Company 02‐Aug Prev_Day
%Change
#
AurobindoPharma 615 600 2.52
Lupin 865 844 2.45
Dr.Reddy 2228 2176 2.40
Nifty50Top3Losers DomesticNews
Company 02‐Aug Prev_Day
%Change
#
BhartiAirtel 373 385 ‐2.99
KotakBank 1280 1313 ‐2.48
AmbujaCem 229 234 ‐2.22
AdvanceDeclineRatio
BSE NSE
Advances 1328 869
Declines 1341 963
Unchanged 155 82
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐3153
MFFlows** 74115
*2
nd
Aug2018;**20
th
Jul2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
5.00%
(Jun‐18)
1.46%
(Jun‐17)
IIP
3.20%
(May‐18)
2.90%
(May‐17)
GDP
7.70%
(Mar‐18)
6.10%
(Mar‐17)
03August2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
6.90%
(Feb‐18)
7.00%
(Dec‐17)
QuarterAgo
Inflow/Outflow
‐199
‐276
4.28%
(Mar‐18)
• Indian equity markets declined for the second consecutive day as
investors preferred to cash in on the recent gains. Monetary Policy
Committee raising key policy rates on Aug 1, 2018, continued to dampen
sentiment. Weaker global cues also weighed on the market following
escalating trade tensions between the U.S. and China and U.S. Federal
Reserve hinting at raising interest rates soon.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 0.95% and
0.89% to close at 37,165.16 and 11,244.70, respectively. S&P BSE Mid‐
Cap and S&P BSE Small‐Cap gained 0.09% and 0.07% respectively.
• The overall market breadth on BSE was weak wi th 1341 scrips declining
and 1328 scrips advancing. A total of 155 scrips remained unchanged.
• On the BSE sectoral front, the indices witnessed a weak trend as most
of the sectoral indices moved down barring S&P BSE HC (1.03%), S&P BSE
Utilities (0.6%), S&P BSE Power (0.44%), S&P BSE Metal (0.27%) and S&P
BSE CD (0.24%). Meanwhile, S&P BSE Telecom (‐1.47%) stood as the
major loser followed by S&P BSE Realty (‐1.45%), S&P BSE Auto (‐1.26%)
and S&P BSE Energy (‐1.05%).
• The M onetary Policy Committee (MPC), in its third policy meet of 2018‐
19, has extended the Marginal Standing Facility (MSF) and Liquidity
Adjustment Facility (LAF) to scheduled state co‐operative banks. MSF has
been extended to scheduled primary (urban) co‐operative banks. This is
being done to improve the transmission of monetary policy to money
market rates.
• Primary (urban) co‐operative banks have been permitted by the
Monetary Policy Committee (MPC) to undertake eligible transactions for
acquisition or sale of non‐SLR investment in secondary market with
mutual funds, pension/provident funds, and insurance companies. This is
in addition to undertaking eligible transactions with scheduled
commercial banks and primary dealers. This comes in the wake of
bringing further efficiency in price discovery mechanism and as a step
towards harmonization of regulations for urban and rural co‐operative
banks.
• MPC has decided that for the creation of eligible priority sector assets,
all scheduled commercial banks may co‐originate loans with non‐banking
financial companies ‐ non‐deposit taking‐ systemically imp ortant (NBFC‐
ND‐SIs). However, the scheduled commercial banks would exclude
regional rural b anks and small finance banks. Besides, entailing joint
contribution of credit by both lenders at the facility level, the co‐
origination arrangement should involve sharing of risks and rewards
between the banks and the NBFCs. The decision comes i n the wake of
providing a competitive edge for credit to the priority sector.
• Coal India Limited announced that it has produced 177.43 million
tonnes (MT) of coal in the first four months of FY19, registering a growth
of 14% from 155.53 MT of coal produced in the year‐ago period. In Jul
2018, the company produced 40.56 MT coal, against 36.69 MT a year ago.
• Oil and Natural Gas Corporation Limited recorded a standalone profit of
Rs. 6,143 crore for the quarter ended Jun 2018, up 4% from Rs. 5,915
crore in the previous quarter, helped by higher domestic gas prices.
• Intensified trade d ispute between the U.S. and China sent Asian stocks
south. U.S. President ordered his administration to consider increasing
the proposed tariff on $200 billion Chinese imports to 25% from 10%
thought of earlier. China called U.S.’ move ‘blackmail’ and warned of
counter measures. Also, the U.S. Federal Reserve hinting it would keep
increasing interest rates in 2018 made investors anxious. Today (as of Aug
3), Asian markets opened slightly higher after technology stocks rallied on
the Wall Street overnight. Both Nikkei and Hang Seng rose 0.14% and
0.03%, respectively (as at 8 a.m. IST).
• As per the last close, European markets declined as trade concerns
continue to hurt negative investor sentiments. Market fell further after
the Bank of England announced a rate hike as policymakers were more
concerned about above target inflation than Brexit uncertainties.
• As per the last close, U.S markets closed mostly higher on rally in
technology stocks. However, gains were limited on trade concerns after
U.S. President’s administration confirmed re ports it is c onsidering
increasing the rate of tariffs on Chinese imports.
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