Global Indices
Global Indices 11-Jun Prev_Day Abs. Change
Dow Jones 25,322 25,317 6 0.02
Nasdaq 7,660 7,646 14 0.19
FTSE 7,737 7,681 56 0.73
Nikkei 22,804 22,695 110 0.48
Hang Seng 31,064 30,958 105 0.34
Indian Indices 11-Jun Prev_Day Abs. Change
S&P BSE Sensex 35,483 35,444 40 0.11
Nifty 50 10,787 10,768 19 0.18
Nifty 100 11,116 11,098 18 0.16
Nifty Bank 26,454 26,451 2 0.01
SGX Nifty 10,790 10,765 25 0.23
S&P BSE Power 2,053 2,053 0 -0.01
S&P BSE Small Cap 16,973 16,887 86 0.51
S&P BSE HC 13,493 13,425 69 0.51
Date P/E Div. Yield P/E Div. Yield
11-Jun 23.37 1.14 27.47 1.22
Month Ago 23.62 1.14 26.82 1.19
Year Ago 22.69 1.31 24.38 1.18
Nifty 50 Top 3 Gainers
Company 11-Jun Prev_Day
Bharti Airtel 389 378 2.98
Bajaj Finance 2250 2187 2.90
Ultratech Cem 3790 3715 2.02
Nifty 50 Top 3 Losers Domestic News
Company 11-Jun Prev_Day
Tata Steel 589 601 -1.97
United Phos 699 713 -1.91
HCL Tech 912 929 -1.84
Advance Decline Ratio
BSE NSE
Advances 1537 1048
Declines 1149 749
Unchanged 146 93
Institutional Flows (Equity)
Description (Cr)
FII Flows* -1935
MF Flows** 60485
*11
th
Jun 2018; **8
th
Jun 2018
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
• According to the Society of Indian Automobile Manufactures, domestic
passenger vehicle sales grew 19.65% YoY to 3,01,238 units in May 2018
from 2,51,764 units in May 2017. Domestic car sales increased 19.64%
YoY to 1,99,479 units and total two-wheeler sales surged 9.19% YoY to
18,50,093 units. Commercial vehicle sales grew 43.06% to 76,478 units in
May.
• During the early phase of the special refund drive taken by the
authorities, the Central Board of Indirect Taxes and Customs (CBIC) has
cleared more than Rs. 7,000 crore worth Goods and Services Tax (GST)
refunds of exporters. Also, the exporters and traders have been asked by
the tax department to go to their respective jurisdictional GST office or
Custom House or Port for settling of pending claims during the Special
Refund Fortnight from May 31, 2018, to Jun 14, 2018.
• According to the Secretary of Ministry of Steel, the rollout of National
Steel Policy has helped to save around Rs. 5,000 crore worth of foreign
exchanges. Further, steel production capacity has increased from 110 MT
in 2014-15 to 134 MT in 2017-18, while 7 MT was added in 2017 alone
and India also replaced Japan as the second largest steel producer this
year.
• According to media reports, the financial ministry announced that the
government will likely launch a credit enhancement fund worth Rs. 500
crore in Jul 2018. The proceeds from the funds are expected to facilitate
infrastructure investments by insurance and pension funds. The fund was
announced during the financial budget of FY17.
• According to a report from the Securities and Exchange Board of India,
the number of foreign portfolio investors (FPIs) registering with the
markets regulator surged to 9,136 at the end of Mar 2018, up 1,329 from
7,807 in the previous year period.
• After trading up through-out the day, the key benchmark indices pared
most of its gains during the closing hours. It finally posted marginal gains
as investors became cautious of upcoming policy meetings of major
central banks and much awaited summit between the U.S. and North
Korean. Upcoming key domestic macroeconomic data along with outcome
of the G7 summit further kept the investors wary.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.11% and
0.18% to close at 35,483.47 and 10,786.95, respectively. S&P BSE Mid-Cap
fell 0.09% and S&P BSE Small-Cap gained 0.51%.
• The overall market breadth on BSE was strong with 1529 scrips
advancing and 1147 scrips declining. A total of 156 scrips remained
unchanged.
• On the BSE sectoral front, most of the indices closed in the green and
S&P BSE Telecom (1.56%) stood as the major gainer followed by S&P BSE
CD (1.03%), S&P BSE HC (0.51%) and S&P BSE TECK (0.41%) respectively.
Meanwhile, S&P BSE Realty (-0.71%) stood as the major laggard followed
by S&P BSE Metal (-0.35%) and S&P BSE Oil & Gas (-0.22%).
• Most Asian markets remained positive ahead of the outcome of a
historic meeting between the U.S. President and the North Korean leader.
Nonetheless, cautious stance ahead of the monetary policy meetings of
the Bank of Japan, European Central Bank and the U.S. Federal Reserve
restricted gains. Today (as of Jun 12), Asian markets opened higher as the
summit between the U.S. President and North Korean leader began in
Singapore and ahead of key central banks meetings scheduled in this
week. Both Nikkei and Hang Seng were trading up 0.21% and 0.16%,
respectively (as at 8.a.m. IST).
• As per the last close, European markets closed higher after comments
from Italy’s finance minister that the country has no plans to exit euro
eased investors’ concern.
• As per the last close, U.S markets closed marginally higher as investors
were awaiting the summit between the U.S. President and North Korean
leader scheduled today. Investors were also awaiting policy decisions
from U.S. Federal Reserve and European Central Bank scheduled this
week.