Global Indices 24-Aug Prev_Day Abs. Change
Dow Jones 25,790 25,657 133 0.52
Nasdaq 7,946 7,878 68 0.86
FTSE 7,577 7,563 14 0.19
Nikkei 22,602 22,411 191 0.85
Hang Seng 27,672 27,790 -119 -0.43
Indian Indices 24-Aug Prev_Day Abs. Change
S&P BSE Sensex 38,252 38,337 -85 -0.22
Nifty 50 11,557 11,583 -26 -0.22
Nifty 100 11,856 11,881 -25 -0.21
Nifty Bank 27,835 28,028 -193 -0.69
SGX Nifty 11,606 11,583 23 0.19
S&P BSE Power 2,042 2,035 7 0.33
S&P BSE Small Cap 16,864 16,923 -58 -0.34
S&P BSE HC 15,481 15,426 55 0.36
Date P/E Div. Yield P/E Div. Yield
24-Aug 24.63 1.16 28.06 1.16
Month Ago 23.10 1.20 27.66 1.20
Year Ago 23.61 1.24 25.47 0.95
Nifty 50 Top 3 Gainers
Company 24-Aug Prev_Day
Vedanta Limited 224 215 4.31
ONGC 175 172 1.66
Aurobindo Pharma 694 683 1.55
Nifty 50 Top 3 Losers Domestic News
Company 24-Aug Prev_Day
Yes Bank 374 389 -3.71
Hero Moto 3212 3285 -2.21
ICICI Bank 330 337 -2.09
Advance Decline Ratio
Advances 1140 717
Declines 1569 1091
Unchanged 170 94
Institutional Flows (Equity)
FII Flows* -1733
MF Flows** 75079
Aug 2018; **23
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 ended the last trading session of the week on a
weaker note, dragged by banking and consumer durable sectors.
Investor sentiments was dented as no significant breakthrough was
achieved following the U.S. - China trade talks. Market participants
shifted their focus towards the speech by the U.S. Federal Reserve
chairman, scheduled later during the day, which may provide fresh clues
on the direction of U.S. monetary policy.
• Both S&P BSE Sensex and Nifty 50 fell 0.22% each to close at 38,251.80
and 11,557.10, respectively. S&P BSE Mid-Cap and S&P BSE Small-Cap
slipped 0.26% and 0.34%, respectively.
• On the BSE sectoral front, majority of the indices closed in the red. S&P
BSE Bankex was the major loser, down 0.80%, followed by S&P BSE
Consumer Durables and S&P BSE FMCG, which fell 0.79% and 0.62%,
respectively. S&P BSE IT and S&P BSE Industrials slipped 0.60% and
0.51%, respectively. Meanwhile, S&P BSE Metal was the top gainer, up
1.92%, followed by S&P BSE Basic Materials and S&P BSE Energy, which
slipped 0.93% and 0.64%, respectively.
• Under the Pradhan Mantri Awas Yojna (PMAY) scheme, the Centre has
approved construction of approximately 1.12 lakh more affordable
houses for urban poor in eight states. According to the Housing and
Urban Affairs Ministry, so far, approximately 55 lakh houses are being
funded under the PMAY scheme (Urban) across the country.
• The mines ministry has asked all states to begin the auction of mining
leases expiring in the next two years by Jul 2019. According to the
ministry, this would help avoid any shortage of minerals. Also, it would
ensure seamless transition of mines from existing leaseholder to the new
leaseholder to whom lease will be granted through auction.
• According to the commerce ministry, a National Logistics Portal is being
developed to ensure ease of trading in the international and domestic
markets. The development comes as India targets lowering the logistics
cost from 14% of gross domestic product to less than 10% by 2022. The
portal that is being developed will link all the stakeholders of export-
import, domestic trade and all trade activities on a single platform.
Besides, generating jobs, this is expected to increase trade
competitiveness and help the country transform into a logistics hub.
• According to media reports, Lupin has received an establishment
investigation report from the US health regulator after the successful
inspection of its Nagpur facility.
• According to media reports, Vedanta will invest around $8 billion over
the next three years on several projects.
• According to media reports, Ashok Leyland has received an order to
supply Tracked Vehicle space for the Indian armed forces.
• According to media reports, Dr Reddy's Laboratories Limited has
Atorvastatin Calcium tablets used for the treatment for lowering
cholesterol from the U.S. market after noticing certain anomalies in the
out of specifications investigations.
• Asian markets traded in mixed on trade war tensions as the U.S. and
China trade talk ended without any concrete outcome. Worries over a
no-deal Brexit also raised concerns over global growth. However, steady
oil prices and weaker yen brought some respite. Today (as of Aug 27),
Asian markets opened on a positive note following gains in Wall Street’s
last session and announcement of changes to the methodology for fixing
of yuan's daily midpoint. Nikkei and Hangseng grew 0.89% and 1.24%,
respectively (as at 8.a.m. IST).
• As per the last close, European markets closed on a higher note
following reports that all sectors of Germany’s economy grew in the
second quarter. Investors remained focused towards trade talks between
U.S. and China that ended without any progress.
• As per the last close, U.S markets closed on a higher note following
gains in a top media services company after it got upgraded by one of the
leading firms. Also, remarks from the U.S. Federal Reserve’s Chairman
that further gradual increases in interest rates will likely be appropriate if
strong growth in income and jobs continues, boosted the indices.