Global Indices
Global Indices 15-Nov Prev_Day Abs. Change
Dow Jones 25,289 25,081 209 0.83
Nasdaq 7,259 7,136 123 1.72
FTSE 7,038 7,034 4 0.06
Nikkei 21,804 21,846 -43 -0.20
Hang Seng 26,103 25,654 449 1.75
Indian Indices 15-Nov Prev_Day Abs. Change
S&P BSE Sensex 35,261 35,142 119 0.34
Nifty 50 10,617 10,576 40 0.38
Nifty 100 10,845 10,803 41 0.38
Nifty Bank 26,155 25,930 225 0.87
SGX Nifty 10,620 10,638 -18 -0.17
S&P BSE Power 1,960 1,963 -3 -0.17
S&P BSE Small Cap 14,548 14,548 0 0.00
S&P BSE HC 14,277 14,231 46 0.32
Date P/E Div. Yield P/E Div. Yield
15-Nov 23.09 1.24 25.53 1.25
Month Ago 22.28 1.29 25.42 1.28
Year Ago 24.12 1.19 25.72 1.10
Nifty 50 Top 3 Gainers
Company 15-Nov Prev_Day
Adani Ports & SEZ 346 332 4.28
Titan Industries 921 892 3.21
Eicher Motors 23945 23240 3.03
Nifty 50 Top 3 Losers Domestic News
Company 15-Nov Prev_Day
Grasim Indus 809 876 -7.72
Yes Bank 206 222 -7.44
Indiabulls HFC 805 839 -4.10
Advance Decline Ratio
BSE NSE
Advances 1091 797
Declines 1521 1013
Unchanged 123 89
Institutional Flows (Equity)
Description (Cr)
FII Flows* -40736
MF Flows** 112200
*15
th
Nov 2018; **13
th
Nov 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
• Indian equity markets gained with support from a strong rupee, foreign
fund inflows, positive Asian cues and weakness in global crude oil prices.
China’s government pledged its support to the economy to counter the
ill effects of the trade dispute with U.S., which buoyed investor
sentiment. However, gains were restricted by profit booking in the FMCG
sector.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.34% and
0.38% to close at 35,260.54 and 10,616.70, respectively. S&P BSE Mid
Cap gained 0.74% and S&P BSE Small Cap was unchanged.
• The overall market breadth on BSE was weak with 1,521 scrips
declining and 1,091 scrips advancing. A total of 123 scrips remained
unchanged.
• On the BSE sectoral front, S&P BSE Consumer Durables was the major
gainer, up 1.6%, followed by S&P BSE Realty and S&P BSE Industrials, up
1.58% and 0.82%, respectively. S&P BSE Finance and S&P BSE Bankex
gained 0.8% and 0.79%, respectively. The major loser was S&P BSE
Telecom, down 1.16%, followed by S&P BSE Utilities and S&P BSE Fast
Moving Consumer Goods, down 0.55% and 0.21%, respectively.
• India’s trade deficit in Oct 2018 increased to $17.13 billion from $13.98
billion in Sep 2018. Exports increased 17.86% in Oct against a decrease of
2.15% in Sep 2018. Imports also increased 17.62% in Oct compared with
a rise of 10.45% in Sep. For the seven months ended Oct 2018, trade
deficit stood at $66.57 billion, exports rose 17.17% and imports
increased 18.88%.
• After the success of the first tranche of highway projects under the toll-
operate-transfer (TOT) model, Union minister for roads and highways
expects the second tranche to come out with flying colours. The maiden
bundle of nine highway projects under TOT was over-subscribed and had
raised Rs 9,681 crore for the National Highways Authority of India
(NHAI). The minister expects the second tranche to fetch more than Rs.
10,000 crore.
• According to media news, the finance ministry has proposed to cut the
budget allocation of the ministry of youth affairs and sports for 2018-19
by almost one-fourth. This is being done as spending during the first half
of the fiscal was low. Allocation could be reduced by over Rs. 350 crore
and the cut for youth affairs could be around Rs. 139 crore. The original
allocation was Rs. 2,196 crore, which could now be trimmed by around
Rs. 490 crore.
• Prime Minister has called for early conclusion of the Regional
Comprehensive Economic Partnership (RCEP) as it would be a high
quality comprehensive and balanced pact. The mega trade agreement
among 16 Asia-Pacific countries including India and China was planned at
the second RCEP Leaders Summit in Singapore, in which the Prime
Minister participated. The conclusion has been pushed to 2019 as critical
issues of goods, services including easier movement of professionals and
investment are still being negotiated. Negotiations on seven chapters of
the agreement have concluded but market access negotiations are in
final stages.
• Asian equity markets were mixed as sentiment was soured on the one
hand by continued weakness in the U.S. markets and a declining trend in
crude oil. On the other hand, investors were buoyed by Chinese
government’s support for the economy and reports that the European
Union will accept Brexit in a meeting on Nov 25.Today (as of Nov 16),
Asian markets opened almost lower amid uncertainties emerging from
the U.K. after multiple important ministers resigned. Nikkei and
Hangseng fell 0.35% and 0.77%, respectively (as at 8.a.m. IST).
• As per the last close, European markets closed lower following reports
of some high-profile U.K. government resignations. However, reports that
China had sent a response to U.S. demands on the ongoing trade
negotiation, raised hopes that U.S. and China might bring an end to the
argument, thereby restricting the losses.
• As per the last close, U.S markets closed higher amid optimism about
trade following reports that U.S. and China have intensified efforts to
reach a trade agreement at the G20 summit later in Nov 2018. Gains in a
U.S. banking and technology major boosted the indices.