GlobalIndices 19‐Nov Prev_Day Abs.Change
DowJones 25,017 25,413 ‐396 ‐1.56
Nasdaq 7,028 7,248 ‐219 ‐3.03
FTSE 7,001 7,014 ‐13 ‐0.19
Nikkei 21,821 21,680 141 0.65
HangSeng 26,372 26,184 188 0.72
IndianIndices 19‐Nov Prev_Day Abs.Change
S&PBSESensex 35,775 35,457 318 0.90
Nifty50 10,763 10,682 81 0.76
Nifty100 10,988 10,908 80 0.73
NiftyBank 26,301 26,246 55 0.21
SGXNifty 10,762 10,729 33 0.31
S&PBSEPower 1 ,976 1,964 12 0.60
S&PBSESmallCap 14,539 14,486 53 0.36
S&PBSEHC 14,461 14,349 112 0.78
Date P/E Div.Yield P/E Div.Yield
19‐Nov 23.55 1.22 25.88 1.23
MonthAgo 22.03 1.30 24.83 1.30
YearAgo 24.70 1.16 26.14 1.08
Company 19‐Nov Prev_Day
YesBank 205 191 7.23
ITC 285 277 2.87
TataMotors 185 180 2.61
Company 19‐Nov Prev_Day
IndiabullsHFC 734 766 ‐4.23
GAIL 335 342 ‐2.19
BajajFinance 2361 2402 ‐1.71
Advances 1318 933
Declines 1287 847
Unchanged 189 119
YoY(%) Current YearAgo
• Indian equity markets gained as investors looked forward to the
outcome of Reserve Bank of India’s (RBI) meeting after market close. The
central bank is slated to discuss various issues related to lending rules for
banks, liquidity and handing over surplus reserves to the
government. Investors expect the meeting to dispel some of the anxiety
around the non‐banking financial companies and iron out differences
with the government.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.90% and
0.76% to close at 35,774.88 and 10,763.40, respectively. S&P BSE Mid Cap
gained 0.35% and S&P BSE Small Cap went up 0.36%.
• The overall market breadth on BSE was strong with 1,318 scrips
advancing and 1,287 scrips declining. A total of 189 scrips remained
• On the BSE sectoral front, all sectors except one gained. S&P BSE Realty
was the major gainer, up 1.45%, followed b y S&P BSE Fast Moving
Consumer Goods and S&P BSE Energy, up 1.27% and 1.16%, respectively.
S&P BSE Metal and S&P BSE Auto gained 1.16% and 1.05%, respectively.
S&P BSE Basic Materials and S&P BSE Capital Goods gained 0.99% and
• The crucial meeting between the Reserve Bank of India (RBI) and the
government came to an end and according to media reports both RBI and
the government succeeded in coming to an agreement on a wide range of
issues. According to reports, RBI will allow loan restructuring for small
and medium enterprises. The central bank has also agreed to review the
corrective plan for state‐run banks.
• India's sugar o utput till Nov 15, 2018, came in at 11.63 lakh t o nne
compared with 13.73 lakh tonne in the same period last year, according
to the Indian Sugar Mills Association (ISMA).
• The revenue department is mulling to j oin together e‐way bill with
National Highways Authority of India’s FASTag mechanism and Delhi‐
Mumbai Industrial Corridor's Logistics Data Bank (LDB) services, to ensure
faster movement of goods and check goods and services tax evasion.
• According to media reports, the Comptroller and Auditor General (CAG)
of India is conducting performance audit of goods and services tax and
could finalise its report soon. The performance audit report on
implementation of GST could be tabled in Parliament in the forthcoming
Winter session, which starts from Dec 11, 2018. The process of auditing
has been going on since GST’s implementation on Jul 1, 2017. The audit
will include registration, refund, input tax credit, transition credit
mechanism, ease of payment of taxes and the impact on the economic
activity, the report said.
• Development of industrial park rating system will help enhance the
competitiveness of industries and promote the manufacturing sector,
according to the commerce and industry minister. The rating system,
being developed by the m inistry to assess industrial parks, is based on
internal and external infrastructure, connectivity, environment and safety
management, and business support services. The minister said the
system will help improve infrastructure of industrial parks. There are
more than 3,000 industrial parks in India in the engineering, software,
food processing and chemicals sectors among others. The ministry plans
to assess 200 such parks.
• Asian equity markets ended mixed after the U.S. Vice President’s
comment made investors anxious over U.S.‐China t rade developments.
The Vice President put the ball in China’s court and said the country will
have to change its ways for U.S. to mellow down the trade dispute. This
dashed market expectations of a resolution at the G20 summit later in
Nov 2018. Today (as of Nov 20), Asian markets opened on a negative note
following decline on Wall Street overnight. Both Nikkei and Hang Seng fell
0.72% and 1.06%, respectively (as a t 8. a.m. I ST).
• As per the last close, European markets closed lower despite opening
on a positive note. Market fell following weak start on the Wall Street.
Market participants are keeping a close eye o n Brexit developments, as
well as the trade talks between t he U.S. and China.
• As per the last close, U.S markets dropped amid lingering concerns
about the outlook for the global economy along with uncertainty about
the potential for a trade deal between the U.S. and China. At the Asia
Pacific Economic Cooperation summit, U.S. Vice President said the
country would not withdraw until China changes its ways.