Global Indices 18-Jul Prev_Day Abs. Change
Russell 3000 1,315 1,312 3 0.21
Nasdaq 8,207 8,185 22 0.27
FTSE 7,493 7,535 -42 -0.56
Nikkei 21,046 21,469 -423 -1.97
Hang Seng 28,462 28,593 -132 -0.46
Indian Indices 18-Jul Prev_Day Abs. Change
S&P BSE Sensex 38,897 39,216 -318 -0.81
Nifty 50 11,597 11,688 -91 -0.78
Nifty 100 11,701 11,798 -97 -0.82
Nifty 500 9,456 9,543 -87 -0.91
Nifty Bank 30,431 30,736 -305 -0.99
S&P BSE Power 1,997 2,029 -32 -1.60
S&P BSE Small Cap 13,558 13,716 -158 -1.15
S&P BSE HC 13,005 13,152 -147 -1.11
Date P/E Div. Yield P/E Div. Yield
18-Jul 27.90 1.21 28.35 1.29
Month Ago 27.87 1.22 28.91 1.25
Year Ago 22.95 1.21 27.28 1.19
Nifty 50 Top 3 Gainers
Company 18-Jul Prev_Day
Wipro 269 260 3.66
HDFC Ltd. 2345 2287 2.56
Zee Ente. 360 353 1.94
Nifty 50 Top 3 Losers Domestic News
Company 18-Jul Prev_Day
Yes Bank 86 98 -12.80
ONGC 143 150 -4.34
Tata Motors 161 168 -4.26
Advance Decline Ratio
Advances 730 438
Declines 1769 1372
Unchanged 137 109
Institutional Flows (Equity)
FII Flows* 72336
MF Flows** 10688
Jul 2019; **15
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
• A panel of the Reserve Bank of India (RBI) formulating guidelines for the
transfer of surplus funds to government from the central bank has
concluded its recommendations and will submit its report "very soon",
media reports said. The six-member panel led by a former RBI governor
initially intended to submit the report in Apr 2019, but due to a lack of
consensus was postponed. According to reports, the panel has proposed
the transfer of RBI funding over 3-5 years with the amount of cash that
RBI will transfer not clear.
• The Securities & Exchange Board of India has reviewed the disclosure
criteria for listed companies with respect to asset provisioning
divergence. The modifications in the disclosure standards are in line with
the amended RBI criteria, the regulator said in a Jul 17, 2019, circular.
According to the circular, listed banks will have to disclose to the stock
exchanges divergences in the asset classification and provisioning if "the
additional provisioning for NPAs assessed by RBI exceeds 10% of the
reported profit before provisions and contingencies for the reference
period." This threshold was 15% earlier.
• Asian Development Bank (ADB) has reduced India's GDP growth
projection to 7% for 2019-20. In its 2019 Asian Development Perspective
supplement, ADB said, India is expected to grow slightly slower by 7% in
2019 (FY20) and 7.2% in 2020 (FY21), because of fiscal shortfall concerns.
• Colgate-Palmolive India Ltd posted a 10.76% decrease in net profit at
Rs. 169.11 crore for the quarter ended Jun 30, 2019, due to reduced
development in rural economies. The firm had registered net gain of Rs.
189.51 crore for the same period last fiscal, according to media reports.
• Mindtree Ltd recorded a 41% decrease in its quarterly profit due to
greater expenditures. Net profit dropped to about Rs. 92.7 crore in the
quarter ended Jun 30, 2019, from Rs. 158.2 crore in the same period
previous year, according to media reports. Profit dropped 53% when
compared sequentially from Rs. 198.4 crore. The company was recently
acquired by Larsen and Toubro Ltd.
• Asian markets slipped amid concerns that the prolonged U.S.-China
trade war has taken a toll on the corporate earning numbers. Japanese
markets fell as weak exports data and disappointing U.S. corporate
earning numbers led to worries over the economic growth outlook. Today
(as on Jul 19), Asian markets traded higher, boosted by the comments of
the Fed officials which renewed hopes of rate cut in the near future. Both
Nikkei and Hangseng were trading up 1.70% and 1.12%, respectively (as
at 8.a.m. IST).
• As per the last close, U.S. markets edged higher as recent comments
from one of the U.S. Federal Reserve officials fanned speculations that
the central bank may ease its monetary policy stance more aggressively.
According to the Fed official, the central bank needed to respond
promptly when the economy was slowing and rates were low.
• As per the last close, European markets fell as fresh series of corporate
earning numbers failed to boost market sentiments. Meanwhile,
investors are keeping eye on the developments on the U.S. – China trade
• Indian equity markets lost on weak earnings reports and global cues. A
major private bank and an IT company posted disappointing quarterly
results. Globally, a few U.S. companies also could not impress with their
earnings. Also, Asian Development Bank lowered India's GDP forecast to
7% for 2019-20 on the back of concerns over fiscal shortfall.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.81% and
0.78% to close at 38,897.46 and 11,596.90, respectively. S&P BSE Mid-
Cap and S&P BSE Small Cap fell 1.23% and 1.15%, respectively.
• The overall market breadth on BSE was weak with 730 scrips advancing
and 1769 scrips declining. A total of 137 scrips remained unchanged.
• On the BSE sectoral front, all the sectors lost. S&P BSE Auto stood as the
major loser, down 2.65%, followed by S&P BSE Metal and S&P Energy,
which fell 2.38% and 1.81%, respectively. S&P BSE Oil & Gas and S&P BSE
Industrials lost 1.66% and 1.65%, respectively.