Global Indices 22-Oct Prev_Day Abs. Change
Dow Jones 25,317 25,444 -127 -0.50
Nasdaq 7,469 7,449 20 0.26
FTSE 7,043 7,050 -7 -0.10
Nikkei 22,615 22,532 83 0.37
Hang Seng 26,153 25,561 592 2.32
Indian Indices 22-Oct Prev_Day Abs. Change
S&P BSE Sensex 34,134 34,316 -181 -0.53
Nifty 50 10,245 10,304 -58 -0.57
Nifty 100 10,446 10,504 -58 -0.55
Nifty Bank 25,079 25,086 -7 -0.03
SGX Nifty 10,252 10,309 -58 -0.56
S&P BSE Power 1,943 1,942 1 0.06
S&P BSE Small Cap 13,805 14,083 -278 -1.97
S&P BSE HC 14,517 14,550 -32 -0.22
Date P/E Div. Yield P/E Div. Yield
22-Oct 21.90 1.31 24.65 1.31
Month Ago 23.73 1.20 27.09 1.20
Year Ago 24.12 1.20 26.28 1.12
Nifty 50 Top 3 Gainers
Company 22-Oct Prev_Day
Indiabulls HFC 713 654 9.08
Eicher Motors 22425 21625 3.70
ICICI Bank 327 315 3.69
Nifty 50 Top 3 Losers Domestic News
Company 22-Oct Prev_Day
IndusInd Bank 1449 1577 -8.07
BPCL 271 284 -4.37
Ultratech Cem 3463 3610 -4.05
Advance Decline Ratio
Advances 804 492
Declines 1802 1351
Unchanged 158 87
Institutional Flows (Equity)
FII Flows* -33301
MF Flows** 100760
Oct 2018; **19
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
• Indian equity markets shed early gains and started the week in the red.
The bourses saw late sell-off as crude oil breached the $80 per barrel
mark once again, rupee went back to its losing trend and liquidity
concerns persisted. Blue chip companies were the worse hit.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.53% and
0.57% to close at 34,134.38 and 10,245.25, respectively. S&P BSE Mid-Cap
declined 0.71%, while S&P BSE Small Cap fell 1.97%.
• The overall market breadth on BSE was weak with 804 scrips advancing
and 1802 scrips declining. A total of 158 scrips remained unchanged.
• On the BSE sectoral front, only S&P BSE Power gained, up 0.06%, and
S&P BSE Auto remained unchanged. Rest all sectors lost and the biggest
loser was S&P BSE Energy, down 0.41%, followed by S&P BSE Oil & Gas
and S&P BSE Basic Materials, down 2.45% and 1.48%. S&P BSE Consumer
Durables and S&P BSE Industrials lost 1.27% and 1.17%. respectively.
Energy and oil & gas were hit as crude oil breached the $80 per barrel
mark once again.
• The International Monetary Fund (IMF) and World Bank in their annual
conference held Indonesian said international trade frictions and future
fiscal and monetary policies are challenges facing the global economy.
Members urged leading economies to curb rising trade tensions caused by
protectionist policies and asked them to moderate the pace of monetary
• The ministry of electronics and IT could leave data protection legislation
to sectoral regulators and relevant departments for them to define what
makes up sensitive personal information. This data will have to be stored
only in India. This will ensure that regulators do not fall prey of the
overarching law once it comes into effect.
• E-returns filed by individual taxpayers increased 70% annually to 5.4
crore in the Apr-Aug FY19. At the same time, average tax paid by them
has decreased 32% to Rs. 27,083. In FY18 and FY17, growth rate for e-
filers for Apr-Aug periods was 24% and 39%, respectively, and average tax
paid was about Rs. 44,000 to Rs. 40,200.
• Paytm has forayed into Japan by launching PayPay, a QR-based
smartphone payment service in partnership with SoftBank Corp and
Yahoo Japan. The Vijay Shekhar Sharma-led company had raised $1.4
billion from SoftBank in 2017 for a 20% stake. PayPay will allow users to
store money from a bank account in their PayPay wallet and make
payments with it.
• Asian Paints registered 14.4% decline in second quarter profit to Rs. 493
crore and missed expectations because of higher expenses. It had posted
Rs. 576 crore profit in the year-ago period.
• Infrastructure Leasing and Financial Services’ (IL&FS) newly-appointed
board said it has roped in three advisors to formulate and execute a
resolution plan for the company. Arpwood Capital and JM Financial have
been chosen as the financial and transaction advisors (FTAs), while Alvarez
and Marsal (A&M) as the restructuring advisor to the debt-ridden
• Asian equity markets came in mixed as Saudi Arabia-U.S. tensions, Brexit
and Italy budget continued to cause concern among investors on the one
hand and Chinese regulators reassuring ‘unwavering support’ to the
economy buoyed Chinese and Hong Kong shares. Today (as of Oct 23),
Asian market opened lower following losses in the Wall Street. Both
Nikkei and Hang Seng were trading down 1.42% and 1.05%, respectively
(as at 8.a.m. IST).
• As per the last close, European markets closed lower as gains from rally
in the Chinese stock market and easing concerns over Italy was reversed
after Italy vowed to stick to the draft budget. Investors were also cautious
ahead of policy meeting scheduled on Oct 25.
• As per the last close, U.S. markets closed almost lower following decline
in banking stocks amid worries that higher mortgage rates would cap loan
growth. Concerns over many corporate earnings reports coming this week
and rising geopolitical tensions also dampened investor sentiment.