Global Indices 27-Jan Prev_Day Abs. Change
Russell 3000 1,971 2,023 -52 -2.59
Nasdaq 13,271 13,626 -355 -2.61
FTSE 6,567 6,654 -87 -1.30
Nikkei 28,635 28,546 89 0.31
Hang Seng 29,298 29,391 -94 -0.32
Indian Indices 27-Jan Prev_Day Abs. Change
S&P BSE Sensex 47,410 48,348 -938 -1.94
Nifty 50 13,968 14,239 -271 -1.91
Nifty 100 14,086 14,348 -263 -1.83
Nifty 500 11,546 11,744 -197 -1.68
Nifty Bank 30,285 31,198 -914 -2.93
S&P BSE Power 2,044 2,063 -19 -0.90
S&P BSE Small Cap 18,115 18,211 -95 -0.52
S&P BSE HC 21,171 21,532 -361 -1.68
Date P/E Div. Yield P/E Div. Yield
27-Jan 32.46 0.84 37.52 1.14
Month Ago 32.89 0.84 37.81 1.15
Year Ago 25.24 1.03 27.73 1.25
Nifty 50 Top 3 Gainers
Company 27-Jan Prev_Day
Tech Mahindra 997 972 2.58
SBI Life Insurance Company Limite
882 863 2.19
Wipro 446 437 2.10
Nifty 50 Top 3 Losers Domestic News
Company 27-Jan Prev_Day
Tata Motors 268 279 -4.17
Axis Bank 632 658 -3.99
Tata Steel 626 652 -3.98
Advance Decline Ratio
Advances 1016 614
Declines 1899 1313
Unchanged 148 79
Institutional Flows (Equity)
FII Flows* 23927
MF Flows** -15725
Jan 2021; **25
YoY(%) Current Year Ago
Data as on 25 Jan, 2021
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 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 dipped even though IMF projected an impressive
11.5% growth for India in 2021. Investors preferred to remain on sidelines
ahead of the Union Budget on Feb 1, and the upcoming monthly derivatives
expiry on Jan 28 also added to selling pressure in the markets.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.94% and 1.91%
to close at 47,409.93 and 13,967.50 respectively.
• The overall market breadth on BSE was weak with 1,016 scrips advancing
and 1,899 scrips declining. A total of 148 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE FMCG was the only gainer, up 0.28%.
S&P BSE Bankex was the major loser, down 2.93% followed by S&P BSE
Finance, down 2.72% and S&P BSE Metal, down 2.54%.
• The Ministry of Finance announced that Rs. 12,351 crore had been issued to
18 states to provide grants to Rural Local Bodies. The grants to RLBs is in
line with the 15th Finance Commission's recommendations for the
development of collective assets and the enhancement of the financial
viability of rural local bodies.
• According to Finance Minster, Indian Customs' focus of work has changed
to ease of doing business and trade facilitation. The finance minister
further said that the adoption by customs officers of a people-centered
approach would further strengthen the transformative phase of the
functioning of the department.
• As per media reports, China said the Indian government's decision to
maintain a ban on 59 Chinese applications was a violation of the fair
business rules of the World Trade Organization and would affect Chinese
companies. The ban dates from last year, when the neighbors' political
tensions grew over their contested frontier. The Indian government agreed
this month to maintain the ban on TikTok and other applications.
• As per media reports, India aims to spend Rs. 3 trillion on a new strategy to
revive regional electricity retailers after a previous attempt to curb losses at
utilities. The investment will be spread over a few years and is likely to be
announced on Feb 1 as part of the government's budget for the year
beginning on Apr 1, 2021. The proposal to introduce reforms to reduce
losses of state distribution services was pursued and is under discussion by
the power ministry of the country.
• Hindustan Unilever reported 18.87% YoY rise in its standalone net profit at
Rs. 1,921 crore in the quarter ended Dec 2020 as against profit of Rs. 1,616
crore in the same period last year. The revenue from the sale of products
rose 20.48% (YoY) to Rs. 11,682 crore and 3.6% QoQ. Higher mobility,
consumer-relevant technologies and market growth investments drive
• Axis Bank reported a net profit fell 36% YoY to Rs. 1,116 crore for the
quarter ended Dec 2020 from Rs. 1,756.9 crore during the same period a
year ago. The profit was Rs. 1,682.7 crore in quarter ended Sep 2020.
• Asian markets largely remained low amid caution ahead to the U.S. Federal
Reserve's monetary policy decision due later in the day. Bourses found
underlying support after IMF raised its forecast for global growth this year.
Today (as on Jan 28), markets are trading lower following overnight losses
in U.S. markets. Both Nikkei and Hang Seng are down 1.31% and 0.64% (as
at 8:00 AM IST), respectively.
• European markets went down as disappointing economic data, rising
coronavirus cases, tighter lockdown measures and worries about delay in
vaccine supplies triggered heavy selling across various sectors.
• U.S. markets fell with investors assessing the impact of new and more
contagious coronavirus strains along with uncertainty about the prospects
for a new relief package.