Global Indices 22-Jan Prev_Day Abs. Change
Russell 3000 2,015 2,013 1 0.07
Nasdaq 13,543 13,531 12 0.09
FTSE 6,695 6,715 -20 -0.30
Nikkei 28,631 28,757 -125 -0.44
Hang Seng 29,448 29,928 -480 -1.60
Indian Indices 22-Jan Prev_Day Abs. Change
S&P BSE Sensex 48,879 49,625 -746 -1.50
Nifty 50 14,372 14,590 -218 -1.50
Nifty 100 14,480 14,687 -207 -1.41
Nifty 500 11,855 12,016 -161 -1.34
Nifty Bank 31,167 32,187 -1,020 -3.17
S&P BSE Power 2,092 2,117 -25 -1.18
S&P BSE Small Cap 18,422 18,615 -193 -1.04
S&P BSE HC 21,334 21,585 -251 -1.16
Date P/E Div. Yield P/E Div. Yield
22-Jan 33.76 0.81 38.86 1.10
Month Ago 31.97 0.87 37.03 1.18
Year Ago 25.26 1.03 27.73 1.26
Nifty 50 Top 3 Gainers
Company 22-Jan Prev_Day
Bajaj Auto 4090 3703 10.43
Hero Moto 3375 3247 3.93
HUL 2409 2368 1.76
Nifty 50 Top 3 Losers Domestic News
Company 22-Jan Prev_Day
Axis Bank 645 676 -4.64
JSW Steel 375 393 -4.55
Asian Paints 2597 2716 -4.41
Advance Decline Ratio
Advances 910 477
Declines 2072 1472
Unchanged 135 81
Institutional Flows (Equity)
FII Flows* 24469
MF Flows** -11477
Jan 2021; **19
YoY(%) Current Year Ago
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 January 2021
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 Market
P/E Dividend Yield
• Indian equity markets went down as investors preferred to cash in the
recent gains after Sensex surpassed the 50,000-mark on Jan 21. Bourses
remain highly volatile ahead of monthly expiry of Jan F&O series and Union
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.5% and 1.5% to
close at 48,878.54 and 14,371.90 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 1.19% and 1.04% respectively.
• The overall market breadth on BSE was weak with 910 scrips advancing and
2,072 scrips declining. A total of 135 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Auto was the major gainer, up 1.49%
followed by S&P BSE IT, up 0.03% and S&P BSE Consumer Discretionary
Goods & Services, up 0.02%. S&P BSE Metal was the major loser, down
3.77% followed by S&P BSE Bankex, down 3.03% and S&P BSE Realty, down
• According to a major credit rating agency, in Q3 FY21, steady collections
and sustained investor interest led to a rise in credit securitisation volumes,
which crossed Rs. 26,000 crore. As more originators joined the market, this
was higher than the cumulative Rs. 22,000 crore logged in the first half. The
ratings agency had previously noted the return of interest on the
securitisation market as the moratorium period for underlying assets
ended, particularly in Sep 2020.
• According to a rating agency report, the budget must shift the
government's focus on solving demand-side issues by moving away from
addressing the supply side problem that has been the priority since March
when the pandemic started to pummel the economy.
• According to media reports, in the upcoming budget, India's import tariff
structure could be revamped to provide lower duties on large inputs,
especially those used in exported products, while holding levies high on
finished goods, a structure that would promote the addition of domestic
• As per media reports, India's attempts to develop a gas-based economy are
expected to get a boost from the dropping spot LNG prices that have
skyrocketed to over $30/mmbtu (from $2 a few months ago) on the back of
winter demand and supply constriants. As per reports, Asian spot LNG
prices have now started to cool off with the latest deals happening for Mar
2020 delivery at the sub-$10 mark.
• JSW Steel reported jump in its consolidated net profit to Rs. 2,669 crore for
quarter ended Dec 2020 as against net profit of Rs. 187 crore in the
corresponding quarter of the previous financial year. Its total consolidated
income rose to Rs. 22,006 crore in the quarter ended Dec 2020 compared
with Rs. 18,182 crore in the year-ago period.
• Indian Bank posted a net profit of Rs. 514 crore in quarter ended Dec 2020
as against loss of Rs. 1,739 crore in quarter ended Dec 2019. The profit
came due to improvement in interest margins. On sequential basis, net
profit rose 25% in the quarter ended Sep 2020.
• Asian markets slipped with investors booking profits at record highs. In
recent times, bourses were propped up by increased efforts to combat the
coronavirus and expectations for more stimulus under the new U.S.
administration. Today (as on Jan 25), markets are trading higher, led by
optimism about ramped up efforts to combat the coronavirus pandemic.
Both Nikkei and Hang Seng are up 0.43% and 0.78% (as at 8:00 AM IST),
• European markets went down as investors monitored coronavirus
restrictions and after preliminary survey showed that business activity in
the euro zone fell to a two-month low in Jan.
• U.S. markets largely closed lower, dragged by profit booking and
uncertainty over the passage of the $1.9 trillion coronavirus relief package.