Global Indices
Global Indices 30-Jan Prev_Day Abs. Change
Dow Jones 25,015 24,580 435 1.77
Nasdaq 7,183 7,028 155 2.20
FTSE 6,942 6,834 108 1.58
Nikkei 20,557 20,665 -108 -0.52
Hang Seng 27,643 27,532 111 0.40
Indian Indices 30-Jan Prev_Day Abs. Change
S&P BSE Sensex 35,591 35,593 -1 0.00
Nifty 50 10,652 10,652 0 0.00
Nifty 100 10,830 10,830 0 0.00
Nifty Bank 26,826 26,573 252 0.95
SGX Nifty 10,663 10,718 -56 -0.52
S&P BSE Power 1,863 1,863 1 0.03
S&P BSE Small Cap 13,815 13,708 108 0.78
S&P BSE HC 13,763 13,760 3 0.02
Date P/E Div. Yield P/E Div. Yield
30-Jan 23.27 1.18 25.84 1.27
Month Ago 23.69 1.16 26.16 1.24
Year Ago 26.15 1.08 27.51 1.03
Nifty 50 Top 3 Gainers
Company 30-Jan Prev_Day
ICICI Bank 366 347 5.49
Tata Steel 467 444 5.33
Axis Bank 691 661 4.57
Nifty 50 Top 3 Losers Domestic News
Company 30-Jan Prev_Day
Indiabulls HFC 673 699 -3.68
Adani Ports & SEZ 338 349 -3.18
Bajaj Auto 2500 2568 -2.65
Advance Decline Ratio
BSE NSE
Advances 1367 984
Declines 1137 811
Unchanged 151 105
Institutional Flows (Equity)
Description (Cr)
FII Flows* -4496
MF Flows** 7371
*30
th
Jan 2019; **29
th
Jan 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI
from 2010 to 2012
• Indian equity markets managed to close flat after a volatile session.
Investors looked forward to the expiry of Jan 2019 F&O series and the
interim budget for 2019 to get direction. Global cues were mixed as
investors awaited the start of U.S.-China trade talks and the outcome of
a U.S. Federal Reserve meeting.
• Key benchmark indices S&P BSE Sensex was flat at 35,591.25 and Nifty
50 showed no change at 10,651.80. S&P BSE Mid-Cap and S&P BSE Small
Cap gained 0.22% and 0.78%, respectively.
• The overall market breadth on BSE was strong with 1,367 scrips
advancing and 1,137 scrips declining. A total of 152 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up
1.89%, followed by S&P BSE Bankex, up 1.36%, and S&P BSE Basic
Materials, up 1.21%. S&P BSE Capital Goods gained 1.18% and S&P BSE
Industrials gained 0.72%. S&P BSE Telecom was the major loser, down
1.26%, followed by S&P BSE Energy and S&P BSE Fast Moving Consumer
Goods, down 1.05% and 0.96%, respectively. S&P BSE Oil & Gas and S&P
BSE Realty fell 0.85% and 0.67%, respectively.
• According to data from the Agriculture Ministry, the government has
procured 52.83 lakh tonnes of pulses and oilseeds worth Rs. 24,503 crore
from roughly 12 number of states so far under the price support scheme
(PSS). The PSS is operationalised on the state governments' request
when the prices fall below the minimum support price (MSP). Under PSS,
only fair average quality goods are bought.
• As per a notification from the Central Board of Indirect taxes and
Customs, India has imposed basic customs duty on lithium ion cell and
printed board assembly used in the production of battery pack for
mobile phones in line with its policy to boost local manufacturing. Apart
from this, the government excused import of parts, sub-parts, inputs or
raw material for use in manufacture of lithium-ion cell from customs
duty. Lithium ion cell and PCB assembly will attract customs duty of 5%
and 10%, respectively.
• The government is revising the process for remitting interest subsidy
under the Pradhan Mantri Awas Yojana (PMAY) in urban areas so that
many beneficiaries can be served. The government is looking into income
tax data to identify potential beneficiaries to do away with the process of
getting first-time homebuyers waiting at bank branches for subsidised
loans. The eligible candidates will receive a certificate from the
department, which can be used to get a subsidised loan. PMAY is
available to first-time home buyers who have annual income not more
than Rs. 18 lakh.
• According to the vice chairman of Gem & Jewellery Export Promotion
Council (GJEPC), the partial shutdown of the U.S. government could have
negative impact on exports of small diamonds from India to the U.S. in a
financial year. Exports of gems witnessed an 8.48% drop from the year-
ago period in the first nine months of this fiscal to $22.41 billion. Middle-
class U.S. citizens, who have been affected the most by this shutdown,
prefer to purchase smaller diamonds.
• Asian equity markets ended mixed as strong earnings from a U.S.
industrial giant and positive comments on U.S.-China trade by a
prominent U.S. tech company’s CEO helped investors relax over growth
and trade worries. Also, investors looked forward to the conclusion of
U.S. Federal Reserve’s (Fed) policy meeting and U.S.-China talks. Today
(as of Jan 31), Asian markets opened higher following gains in the Wall
Street after U.S. Fed stated that it would be patient in raising interest
rates going forward. Nikkei and Hangseng grew 0.76% and 0.87%,
respectively (as at 8.a.m. IST).
• As per the last close, European markets closed higher as investors
awaited U.S. Fed’s monetary policy announcement. However, lingering
concerns about global growth, Brexit and anxiety about U.S.-China trade
talks restricted the gains.
• As per the last close, U.S markets closed higher after the U.S Fed kept
the interest rates unchanged and indicated that it will remain patient
regarding further rate hikes. Strong corporate earnings results from
some of the U.S. majors boosted the indices.