GlobalIndices
GlobalIndices 14‐Dec Prev_Day Abs.Change
%Change
#
DowJones 24,101 24,597 ‐497 ‐2.02
Nasdaq 6,911 7,070 ‐160 ‐2.26
FTSE 6,845 6,878 ‐32 ‐0.47
Nikkei 21,375 21,816 ‐441 ‐2.02
HangSeng 26,095 26,524 ‐430 ‐1.62
IndianIndices 14‐Dec Prev_Day Abs.Change
%Change
#
S&PBSESensex 35,963 35,930 33 0.09
Nifty50 10,805 10,792 14 0.13
Nifty100 11,040 11,023 17 0.16
NiftyBank 26,826 26,816 10 0.04
SGXNifty 10,836 10,823 13 0.12
S&PBSEPower 1,936 1,918 18 0.93
S&PBSESmallCap 14,502 14,498 4 0.03
S&PBSEHC 13,743 13,855 ‐112 ‐0.81
Date P/E Div.Yield P/E Div.Yield
14‐Dec 23.47 1.22 26.14 1.23
MonthAgo 22.93 1.25 25.43 1.25
YearAgo 24.60 1.17 26.25 1.11
Nifty50Top3Gainers
Company 14‐Dec Prev_Day
%Change
#
BhartiAirtel 319 303 5.33
YesBank 180 175 3.23
BPCL 345 335 3.11
Nifty50Top3Losers DomesticNews
Company 14‐Dec Prev_Day
%Change
#
HDFCLtd. 1904 1942 ‐1.95
HCLTech 961 978 ‐1.72
Wipro 333 339 ‐1.64
AdvanceDeclineRatio
BSE NSE
Advances 1248 836
Declines 1313 938
Unchanged 144 102
InstitutionalFlows(Equity)
Description(Cr) YTD
FIIFlows* ‐33570
MFFlows** 119152
*14
th
Dec2018;**13
th
Dec2018
EconomicIndicator
YoY(%) Current YearAgo
CPI
2.33%
(Nov‐18)
4.88%
(Nov‐17)
IIP
8.10%
(Oct‐18)
1.80%
(Oct‐17)
GDP
7.10%
(Sep‐18)
6.30%
(Sep‐17)
17December2018
SinceMay‐17,MOSPIhasrevisedbaseyearofIIP&WPIfrom2004‐05to2011‐12,andforCPI
from2010to2012
IndianEquityMarket
IndicesPerformance
P/EDividendYield
Sensex Nifty
6.50%
(Jul‐18)
8.20%
(Jun‐18)
QuarterAgo
Inflow/Outflow
‐117
414
3.69%
(Aug‐18)
• India’s Wholesale Price Index‐based inflation (WPI) came in at 4.64% in
Nov 2018 as against 5.28% in Oct 2018 as prices of food articles, mainly
vegetables, and petroleum products came down. This marked a 3‐month
low. Wholesale price inflation was at 4.02% in Nov 2017. Inflation in food
articles fell 3.31% as against a fall of 1.49% in Oct. Inflation in vegetables
decreased 26.98% as against a fall of 18.65% in Oct 2018. Onion inflation
fell 47.60% as compared to a fall of 31.69% in Oct 2018. LPG inflation
increased at a slower pace of 23.22% as against a rise of 31.39% in Oct.
The WPI Food Index came in at ‐1 .96% in N ov 2018 against ‐0.64% in Oct
2018.
• India’s trade deficit in Nov 2018 came in at $16.67 billion as against a
deficit o f $17.13 billio n in Oct 2018. Exports i ncreased 0.80% in Nov as
against an increase of 17.86% in Oct. Imports increased 4.31% in Nov
2018 compared with a rise o f 17.62% in Oct 2018.
• The Reserve Bank of India (RBI) in its board meeting under the newly‐
appointed governor has decided to further examine the governance
framework of the central bank. The board meeting that lasted for almost
four hours reviewed the current economic situation globally and
domestically, matters relating to liquidity and credit delivery, and issues
related to currency management and financial literacy. The 18‐member
board also went through the draft report on the Trends and Progress of
Banking (2017‐18).
• Former chief economic advisor has said the Reserve Bank of India (RBI)
is adequately capitalised, but the money should be used for fixing the
financial system and not for financial deficit or financing government
expenditure. He said under economic principles savings should not be
used for current consumption, but for long‐term investment. He added
that the central bank could be massively capitalised, which does not
mean the money can be used for financial deficit or financing government
expenditure.
MarketsforYou
• Asian equity markets were mostly down after China reported
disappointing economic numbers. Chinese industrial output and retail
sales were subdued, growing at the slowest pace in three years and 15
years, respectively, because of the trade dispute with U.S. This has made
investors anxious of global economic growth. Also, investors are swaying
between optimism and scepticism over the chances of U.S. and China
striking a trade deal. Today (as of Dec 17), Asian markets mostly opened
on a mixed note following decline on the Wall Street overnight. Both
Nikkei a nd Hang Seng rose 0.54% and 0.03%, respectively (as at 8 a.m.
IST).
• As per the last close, European markets fell on downbeat economic
data from China and Eurozone. Downbeat Chinese industrial output and
retail sales data, industrial production in Germany and manufacturing
activity in the Eurozone, France and Germany contributed to losses.
•Asperthelastclose,U.Smarketsdeclinedonrenewedconcernsabout
the outlook for global economic growth following disappointing industrial
output and retail sales growth in China.
• Indian equity markets saw a volatile session and managed to gain a bit
although global cues came in weak. China’s weak economic data and
investors’ lack of confidence in chances of U.S.‐China striking a trade deal
any time soon burdened sentiment. Also, investors awaited the outcome
of Reserve Bank of India’s board meeting under the newly‐appointed
governor, scheduled post market hours. Wholesale inflation easing in Nov
2018 s upported the markets.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.09% and
0.13% to close a t 35,962.93 and 10,805.45, respectively.
• The market br eadth on B SE was weak with 1313 scrips declining and
1248 scrips advancing. A t otal of 144 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
3.08%, followed by S&P BSE Oil & Gas and S&P BSE Utilities, up 1.74% and
0.98%, respectively. S&P BSE Energy and S&P BSE Power gained 0.95%
and 0.93%, respectively. S&P BSE Healthcare and S&P BSE Capital Goods
were the major losers, down 0.81% and 0.69%, respectively, followed by
S&P BSE Consumer Durables and S&P BSE Industrials, down 0.31% and
0.28%, r espectively.