Global Indices 10-Apr Prev_Day Abs. Change
Dow Jones 24,408 23,979 429 1.79
Nasdaq 7,094 6,950 144 2.07
FTSE 7,267 7,195 72 1.00
Nikkei 21,794 21,678 116 0.54
Hang Seng 30,729 30,230 499 1.65
Indian Indices 10-Apr Prev_Day Abs. Change
S&P BSE Sensex 33,880 33,789 92 0.27
Nifty 50 10,402 10,379 23 0.22
Nifty 100 10,810 10,793 18 0.17
Nifty Bank 25,227 25,094 133 0.53
SGX Nifty 10,429 10,381 48 0.46
S&P BSE Power 2,205 2,196 8 0.38
S&P BSE Small Cap 17,948 17,951 -4 -0.02
S&P BSE HC 13,643 13,650 -7 -0.05
Date P/E Div. Yield P/E Div. Yield
10-Apr 23.41 1.15 25.82 1.23
Month Ago 22.91 1.18 24.97 1.28
Year Ago 22.53 1.37 23.28 1.25
Nifty 50 Top 3 Gainers
Company 10-Apr Prev_Day
Axis Bank 546 519 5.17
Hindalco 230 221 3.91
ICICI Bank 289 281 2.83
Nifty 50 Top 3 Losers Domestic News
Company 10-Apr Prev_Day
Hero Moto 3718 3799 -2.12
Indiabulls HFC 1325 1346 -1.58
Tata Motors 353 358 -1.41
Advance Decline Ratio
Advances 1264 851
Declines 1444 952
Unchanged 132 65
Institutional Flows (Equity)
FII Flows* 13118
MF Flows** 36344
Apr 2018; **5
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
• Data from the Society of Indian Automobile Manufacturers (SIAM)
showed that the sales of passenger vehicles grew 6.38% to 30,0722 units
in Mar 2018 as against 282,698 units in the same month of the previous
year. Sales of commercial vehicles too grew 24.6% to 10,8681 units as
against 87,258 units in the Mar 2017. Sales of vehicles across the
categories witnessed a growth of 18.23% to 2,223,517 units from
1,880,592 units in Mar 2017. For the fiscal year ended Mar 31, 2018,
sales of domestic passenger vehicles grew 7.89% to 3,287,965 units as
against 3,047,582 units in the same month of the previous year.
• According to media reports, the Ministry of Micro Small and Medium
Enterprises is expected to sign an agreement with Goods and Services
Tax (GST) Network for sharing of data associated with small and medium
enterprises. The sharing of data will help the government reach out to a
wide gamut of small and medium enterprises and make them aware of
the benefits given by the government schemes. In addition, such small
and medium enterprises would be able to avail loans at a lower cost.
• According to media reports, the Ministry of Finance has set up a panel
that will consider proposals from different ministries and departments to
raise Extra Budgetary Resources (EBR) for funding of infrastructure and
social sector schemes. Before deciding the aggregate amount of EBR to
be raised, the panel will ascertain the requirement of project funds,
progress of schemes and availability of budgetary resources.
• A domestic credit rating agency has upwardly revised its outlook on
the retail credit growth of non-banking financial companies to about 17%
to 19% for FY18. The rating agency forecasted that the growth trend will
sustain in the current fiscal as well. The rating agency noted that credit
growth fell and remained subdued which it attributed to uncertainties
associated with the impact of GST. However, as the GST stabilized, credit
growth rose sharply in the fourth quarter of FY18.
• Asian markets mostly traded up after the Chinese President hinted to
lower import tariffs on products and consider other measures to support
the region’s economy. This has also reduced concerns over global trade
war. Japan's consumer confidence data also remained steady at the end
of the first quarter. Today (As of Apr 11), Asian markets opened mixed.
Gains in Wall Street post signs of easing trade war concerns boosted the
indices. Meanwhile, investors awaited China’s consumer inflation data
due later during the day. While Hang seng grew 0.04%, Nikkei fell 0.20%
(as at 8.a.m. IST).
• As per the last close, European markets ended higher after China’s
President pursued to soothe investor concerns over trade war between
U.S. and China. Gains in auto stocks further boosted the indices.
• As per the last close, U.S markets ended higher amid optimism after
China’s President discussed plans to further open up the country's
economy, with measures like lowering import tariffs on autos. Gains in
energy, steel and semiconductor stocks further boosted the indices.
• Indian equity markets closed higher as concerns over trade war
receded after China’s President stated that it wants to ease trade
tensions with the U.S. by raising foreign investment limits in automobile
and aircraft industries. Meanwhile, banking stocks gained after chief
executive of a major private-sector bank announced to step down.
Further, market participants awaited the release of key macroeconomic
and upcoming quarterly earnings season.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.27% and
0.22% to close at 33,880.25 and 10,402.25, respectively. S&P BSE Mid-
Cap grew 0.18% and S&P BSE Small-Cap fell 0.02%.
• The market breadth on BSE was weak with 1,444 scrips declining and
1,264 scrips advancing. A total of 132 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up
2.0%, followed by S&P BSE Realty that grew 1.25%. S&P BSE Capital
Goods and S&P BSE Bankex 1.08% and 0.93%, respectively. Among the
losers, S&P BSE Auto was the major loser down 0.65% followed by S&P
BSE Consumer Discretionary Goods & Services that fell 0.35%. S&P BSE
Healthcare and S&P BSE FMCG fell 0.05% and 0.02%, respectively.