Global Indices 02-Aug Prev_Day Abs. Change
Russell 3000 1,288 1,302 -14 -1.07
Nasdaq 8,004 8,111 -107 -1.32
FTSE 7,407 7,585 -178 -2.34
Nikkei 21,087 21,541 -454 -2.11
Hang Seng 26,919 27,566 -647 -2.35
Indian Indices 02-Aug Prev_Day Abs. Change
S&P BSE Sensex 37,118 37,018 100 0.27
Nifty 50 10,997 10,980 17 0.16
Nifty 100 11,100 11,081 20 0.18
Nifty 500 8,944 8,936 8 0.09
Nifty Bank 28,205 28,367 -162 -0.57
S&P BSE Power 1,938 1,964 -26 -1.30
S&P BSE Small Cap 12,496 12,552 -56 -0.44
S&P BSE HC 12,555 12,587 -32 -0.25
Date P/E Div. Yield P/E Div. Yield
2-Aug 26.11 1.25 27.09 1.34
Month Ago 28.69 1.18 29.28 1.23
Year Ago 23.84 1.18 27.89 1.20
Nifty 50 Top 3 Gainers
Company 02-Aug Prev_Day
Bharti Airtel 344 324 6.07
Asian Paints 1545 1505 2.69
Bajaj Auto 2601 2538 2.48
Nifty 50 Top 3 Losers Domestic News
Company 02-Aug Prev_Day
Indiabulls HFC 490 522 -6.19
HPCL 253 263 -3.80
NTPC 123 127 -2.96
Advance Decline Ratio
Advances 1077 793
Declines 1388 1013
Unchanged 132 110
Institutional Flows (Equity)
FII Flows* 63596
MF Flows** 23818
Aug 2019; **31
YoY(%) Current Year Ago
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI
from 2010 to 2012
• Media reports showed the government could put on hold a plan to
raise the minimum public shareholding in listed companies to 35% from
25%, a source with direct knowledge of the matter said on Friday. The
government is also looking for ways to ease concerns of foreign portfolio
investors that have pulled out of Indian equity markets after a budget
announcement of higher taxes for individuals and trusts earning more
than ₹2 crore a year, the source said.
• World Bank data showed India has been pushed to the seventh
position in the 2018 worldwide GDP rankings with the U.K. and France
advancing to fifth and sixth places. In 2017, India was the sixth largest
economy, while France was at the seventh place. The U.S. is the top
economy with a GDP of $20.5 trillion in 2018. China is the second largest
economy with $13.6 trillion, while Japan is at the third place with $5
trillion. India is still the fastest-growing major economy in the world, but
growth is estimated to slow to 7% in FY20.
• RBI data showed bank credit and deposits increased 12.01% and
10.59% to Rs. 96.57 lakh crore and Rs. 126.491 lakh crore, respectively,
for the fortnight ended Jul 19, 2019. In the year-ago period, bank credit
stood at Rs. 86.09 lakh crore while deposits were at Rs. 114.371 lakh
• Media reports showed, GST collection for Jul 2019 surpassed the one
lakh crore mark. Central GST stands at Rs. 17,912 crore; and SGST at Rs.
25,008 crore. The total number of GSTR 3B returns filed for Jun up to July
31 is 75.79 lakh.
• Bharti Airtel posted a loss of Rs. 2,866 crore in the quarter ended Jun
30, 2019. The company had registered a net profit of Rs. 97 crore in the
year-ago period. The loss came on the back of rising finance costs and a
one-time loss of Rs. 1,445 crore.
• Marico Ltd’s first-quarter net profit increased 21.6% to Rs. 315 crore
against Rs. 259 crore in the year-ago period on the back of a stable
volume growth in the domestic market. Revenue from operations in the
period stood at Rs. 2,166 crore, up 6.8%, against the year-ago period.
• Asian equity markets saw heavy selling pressure after the U.S.
President escalated his trade war with China, stating the country was
moving too slowly on a trade agreement. Today (as of Aug 05), Asian
markets opened lower amid concerns over trade dispute between U.S.
and China. Further, investors remained focused on general strike in Hong
Kong. Nikkei and Hangseng were trading down 1.62% and 1.95%,
respectively (as at 8.a.m. IST).
• As per the last close, European markets declined after U.S. President
said he would put a 10% tariff on the remaining $300 billion of Chinese
imports from next month.
• As per the last close, U.S. markets fell after the U.S. President upped
the ante on U.S.-China trade front with announcement of 10% tariff on
the remaining $300 billion worth of Chinese imports. Meanwhile,
investors remained focused on U.S. job growth data that slowed in Jul as
against Jun, but, came in line with market expectations.
• Indian equity markets recovered from early losses to end in the green.
Strong first quarter earnings by a financial major and news that the Prime
Minister’s Office is looking into the budget proposal of tax surcharge of
foreign portfolio investors and its impact on markets supported markets.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.27% and
0.16% to close at 37,118.22 and 10,997.35, respectively. S&P BSE Mid-
Cap gained 0.15% and S&P BSE Small Cap lost 0.44%.
• The overall market breadth on BSE was weak with 1077 scrips
advancing and 1388 scrips declining. A total of 132 scrips remained
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
3.63%, followed by S&P BSE Auto and S&P BSE Teck, which gained 1.07%
and 0.91%, respectively. S&P BSE Consumer Discretionary Goods &
Services and S&P BSE Consumer Durables gained 0.82% and 0.79%,
respectively. S&P BSE Metal was the major loser, down 1.95%, followed
by S&P BSE Power and S&P BSE Utilities, down 1.3% and 1.03%,
respectively. S&P BSE Oil & Gas and S&P BSE Realty lost 0.86% and 0.82%,