Global Indices 26-Jan Prev_Day Abs. Change
Dow Jones 26,617 26,393 224 0.85
Nasdaq 7,506 7,411 95 1.28
FTSE 7,666 7,616 50 0.65
Nikkei 23,632 23,669 -38 -0.16
Hang Seng 33,154 32,654 500 1.53
Indian Indices 25-Jan Prev_Day Abs. Change
S&P BSE Sensex 36,050 36,162 -111 -0.31
Nifty 50 11,070 11,086 -16 -0.15
Nifty 100 11,459 11,497 -38 -0.33
Nifty Bank 27,446 27,399 47 0.17
SGX Nifty 11,070 11,078 -9 -0.08
S&P BSE Power 2,348 2,374 -27 -1.12
S&P BSE Small Cap 19,342 19,475 -133 -0.68
S&P BSE HC 15,029 15,143 -114 -0.75
Date P/E Div. Yield P/E Div. Yield
25-Jan 26.24 1.08 27.61 1.02
Month Ago 25.03 1.13 26.86 1.08
Year Ago 21.61 1.41 22.98 1.28
Nifty 50 Top 3 Gainers
Company 25-Jan Prev_Day
Indiabulls HFC 1394 1362 2.35
ICICI Bank 361 353 2.28
GAIL 494 485 1.81
Nifty 50 Top 3 Losers Domestic News
Company 25-Jan Prev_Day
United Phos 769 824 -6.71
SBI 313 330 -5.08
Aurobindo Pharma 640 658 -2.85
Advance Decline Ratio
Advances 1115 610
Declines 1735 1188
Unchanged 162 59
Institutional Flows (Equity)
FII Flows* 11759
MF Flows** 5008
Jan 2018; **23
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
• The Ministry of Finance announced registration of one crore tax payer
under total revenue collections under the Goods and Services Tax (GST)
so far till Jan 24, 2018. Also, GST collections gathered momentum in Dec
2017 after falling for two straight consecutive months, and raised to Rs.
86,703 crore from Rs. 80,808 crore in Nov 2017.
• The government announced to deposit Rs. 88,000 crore of capital to 20
state-run banks in FY18 and also prescribe a reforms package to make
them more accountable. Of this, Rs. 80,000 crore will be through
recapitalisation bonds and Rs. 8,139 crore as budgetary support.
Meanwhile, banks will raise Rs. 10,312 crore from the market.
• According to a major credit rating agency, finance ministry’s move to
recapitalise public sector banks (PSBs) may help to mitigate the risks that
Indian state banks face because of weak asset quality and poor earnings,
but resolution of bad assets and continued high credit costs may harm
the sector’s near-term performance.
• The Department of Industrial Policy and Promotion (DIPP) has notified
of easing the foreign direct investment (FDI) rules for several sectors-
including single brand retail, non- banking financial companies and
construction. It has also mentioned that allowing 100% FDI in single
brand retail under automatic route would attract more investments in
production and marketing.
• Dr Reddy's Laboratories Limited reported consolidated net profit of Rs.
3.34 billion for the quarter ended Dec 2017, down 29% YoY from Rs. 4.70
billion in the year-ago period. The decline reflects higher price erosion,
increased competition and the impact of adverse foreign exchange in the
U.S. and European markets.
• L&T Finance Holdings Ltd’ s consolidated net profit grew 42% YoY to Rs.
384 crore for the third quarter ended Dec 31, 2017, from Rs. 271 crore in
the same period of the previous fiscal. The increase was driven by robust
growth in its rural lending and housing finance business.
• Asian markets witnessed a mixed trend with investors awaiting U.S.
President's comments in the World Economic Forum in Davos,
Switzerland, along with preliminary data on U.S. fourth-quarter GDP,
scheduled post market hours. Today (As of Jan 29), Asian markets opened
higher amid Wall street gains in the last session. Also, gains in technology
and energy sector in regional markets added to the gains. Nikkei and Hang
seng grew 0.49% and 0.64%, respectively (as at 8.a.m. IST).
• As per the last close, European market ended higher on solid earnings
results by some of the European majors. However, gains in Euro kept
stocks of exporters under pressure, thereby weighing on market
• As per the last close, U.S markets ended almost higher on strong
corporate earnings by some of the U.S. majors and strong durable goods
orders data for Dec 2017. Lower than expected U.S. economic growth for
fourth quarter weighed on market sentiment. However, comments from
analysts that the report is not weak added to the gains.
• Indian equity market closed in the red as market participants preferred
to book profit after the key indices rallied for the last six sessions.
Cautious note was also witnessed ahead of the Union budget, extended
weekend and expiry of monthly derivative contracts. Market sentiment
dented further after government's recapitalization plan for public sector
banks (PSBs) came lower than expected.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 0.31% and
0.15% to close at 36,050.44 and 11,069.65, respectively. S&P BSE Mid-
Cap and S&P BSE Small-Cap fell 0.75% and 0.68%, respectively.
• The overall market breadth on BSE was negative with 1,735 scrips
declining and 1,115 scrips advancing. A total of 162 scrips remained
• On the BSE sectoral front, most of the indices closed in the red barring
S&P BSE Metal (0.84%) and S&P BSE Capital Goods (0.38%). S&P BSE
Realty (-1.52%) stood as the major loser followed by S&P BSE Auto (-
1.18%), S&P BSE TECK (-1.13%). Banking sector also fell as most of the
PSUs declined after government's recapitalization plan for PSBs failed to