GlobalIndices 24‐Jan Prev_Day Abs.Change
DowJones 26,252 26,211 41 0.16
Nasdaq 7,415 7,460 ‐45 ‐0.61
FTSE 7,643 7,732 ‐88 ‐1.14
Nikkei 23,941 24,124 ‐183 ‐0.76
HangSeng 32,959 32,931 28 0.08
IndianIndices 24‐Jan Prev_Day Abs.Change
S&PBSESensex 36,162 36,140 22 0.06
Nifty50 11,086 11,084 2 0.02
Nifty100 11,497 11,507 ‐9 ‐0.08
NiftyBank 27,399 27,391 8 0.03
SGXNifty 11,078 11,063 16 0.14
S&PBSEPower 2,374 2,381 ‐6 ‐0.27
S&PBSESmallCap 19,475 19,651 ‐176 ‐0.90
S&PBSEHC 15,143 15,107 36 0.24
Date P/E Div.Yield P/E Div.Yield
24‐Jan 26.34 1.07 27.66 1. 02
MonthAgo 25.03 1.13 26.86 1. 08
YearAgo 21.36 1.43 22.64 1. 30
Company 24‐Jan Prev_Day
SBI 330 318 3.71
GAIL 485 471 3.01
TechMahindra 603 588 2.53
Company 24‐Jan Prev_Day
BhartiAirrtel 460 492 ‐6.62
TataMotors 404 418 ‐3.45
ICICIBank 353 362 ‐2.64
Advances 975 542
Declines 1929 1249
Unchanged 135 65
YoY(%) Current YearAgo
• The finance ministry has announced certain banking reforms to be
introduced soon. The government will put loans above Rs. 250 crore
under specialised monitoring to reduce the number of non‐performing
assets after the recapitalisation plan. Th e government is also planning to
limit banks with minimum 10% of exposure only to beco me a part o f the
• The government i s set to amend the Goods and Services Tax (GST) law
to explicitly st ate that no tr ansition credit can be availed in lieu of cesses
paid under the previous tax regime. The move comes after companies
claimed hundreds of crores of rupees as transition credit in lieu of
Swachh Bharat Cess and Krishi Kalyan Cess. The government had cleared
that no transition credit would be available after implementation of the
GST regime. H owever, some companies claimed it in lack of clarity in law
to claim credit against ce sses.
• According to media reports, Indian government is deciding to set up
three more benches of the National Company Law Tribunal. This comes
with number of companies getting referred to the bankruptcy court rising
by the day. As per the reports, the new benches will be in Bhubaneswar,
Jaipur and Kochi.
• According to the survey by U.S. Green Building Council (USGBC), India
ranks third on the USGBC annual ranking of the top 10 countries for
Leadership in E nergy and Environmental Design (LEED) certified buildings.
India has more than 752 L EED‐c ertified p rojects totalling over 20.28
million gross square meters of space.
• IndiGo posted increase in net profit by 56% to Rs. 7.62 billion in th e
quarter ended Dec 2017 as against Rs. 4.87 billion in the year‐ago period.
Revenue from operations grew 24% to Rs 61.78 billion as compared to Rs.
49.86 billion in Dec 2016.
• Cadila Healthcare is exploring new areas with growth opportunities,
such as biosimilars and vaccines.
economy in 2018 and improved overnight U.S. markets. However, upside
was limited as news of U.S. tariffs on some goods raised fears of a global
trade war. Additionally, weaker than expected Japanese trade data for
Dec 2017 dented sentiment. Today (As of Jan 25), Asian markets opened
on a mixed note while U.S dollar remain lower after falling in the previous
session. Both Nikkei and Hang Seng were t rading low er 0.62% and 0.41%,
respectively (8 a.m. IST).
• A s per the last close, Europ ean market fell following rally in euro and
pound currency against the U.S. dollar. Rally in both these currencies put
pressure on European exporters. Market participants remained cautious
ahead of the European Central Bank policy meeting decision on Thursday.
• As per the last close, U.S market closed mixed after starting on a
positive note. Initial rise reflected a positive reaction to the latest batch
of Dec 2017 quarterly earnings results. However, market decline on profit
booking after recent rise in the prices.
• Indian equity m arkets closed on a flat note. Consistent buying by
participants and healthy corporate results boosted the indices. Also,
surge in IT stocks added to the gains. However, gains were capped amid
profit booking by investors.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.06% and
0.02%, respectively, to close at 36,161.64 and 11,086.00, respectively.
S&P BSE Mid‐Cap and S&P BSE Small‐Cap fell 0.57% and 0.90%,
• The overall market breadth on BSE was negative with 1,929 scrips
declining and 975 scrips advancing. A total of 135 scrips remained
• On the BSE sectoral front, the gainers comprised S&P BSE Information
which grew 0.54% and 0.49%, respectively. S&P BSE Healthcare and S&P
BSE Oil & Gas grew 0.24% and 0.15%, respectively. The top losers were
S&P BSE Telecom, down 3.54%, followed by S&P BSE Consumer Durables
(‐2.08%), S&P BSE Metal (‐1.50%) and S&P BSE Basic Materials (‐1.36%).