GlobalIndices 09‐Feb Prev_Day Abs.Change
DowJones 24,191 23,860 330 1.38
Nasdaq 6,874 6,777 97 1.44
FTSE 7,092 7,171 ‐78 ‐1.09
Nikkei 21,383 21,891 ‐508 ‐2.32
HangSeng 29,507 30,451 ‐944 ‐3.10
IndianIndices 09‐Feb Prev_Day Abs.Change
S&PBSESensex 34,006 34,413 ‐407 ‐1.18
Nifty50 10,455 10,577 ‐122 ‐1.15
Nifty100 10,846 10,959 ‐113 ‐1.03
NiftyBank 25,464 25,921 ‐457 ‐1.76
SGXNifty 10,404 10,548 ‐145 ‐1.37
S&PBSEPower 2 ,232 2,224 8 0.37
S&PBSESmallCap 18,173 18,131 42 0.23
S&PBSEHC 14,348 14,345 3 0.02
Date P/E Div.Yield P/E Div.Yield
9‐Feb 23.88 1.16 25.27 1.08
MonthAgo 25.37 1.12 27.19 1.07
YearAgo 22.08 1.43 23.31 1.26
Company 09‐Feb Prev_Day
HCLTech 964 944 2.08
TataSteel 685 671 2.06
Cipla 621 613 1.43
Company 09‐Feb Prev_Day
YesBank 326 335 ‐2.82
Infosys 1109 1134 ‐2.21
BhartiInfratel 342 349 ‐2.21
Advances 1369 849
Declines 1403 933
Unchanged 138 73
YoY(%) Current YearAgo
• A major credit rating agency has upgraded its outlook on the two major
public sector banks to positive from stable. Th is comes on the back of
capital infusion from the government. Meanwhile, it affirmed the long‐
term local and foreign currency bank deposit r atings of both the lenders
•Adozenstate‐run banks have been directed by the Reserve Bank of
India (RBI) to retire high‐cost debt such as additional tier I capital. These
banks are under regulatory watch for mounting bad loans. The direction
comes as a part of the austerity drive that seeks to restore commercial
viability for the stressed lenders. These b anks that would receive an
injection of federal funds would now have to retire high‐cost debt well
before their maturity.
• According to a government report, the Ministry of Housing and Urban
Affairs has permitted to construct 1,86,777 more affordable houses
under Pradhan Mantri Awas Yojana by investing of Rs. 11,169 crore. The
assistance from the Central for the same will be Rs. 2,797 crore.
• According to the fifth edition of India Skills Report 2018, the percentage
of employable population in India has increased from 33% to 45% in 5
years. The fifth edition of India Skills Report considers insigh ts and trends
from the largest employability test that was spread out to 5200
Universities and institutions in India. The test re ached out to more than 5
lakh students across India.
• Aditya Birla Capital Ltd reported rise in consolidated net profit to Rs.
2.17 billion in the quarter ended Dec 2017 as compared with Rs. 1.94
billion in the quarter ended D ec 2016. The increase in profit was mainly
due to contribution from lending and asset management units.
• Tata Steel reported five‐times increase in net profit to Rs. 12.94 b illion
in the quarter ended Dec 2017 as compared with Rs. 2.43 billion in the
quarter ended Dec 2016. Company’s consolidated revenue from
operations grew 15% to Rs. 334.4 billion as against Rs. 290.2 billion in Dec
• Asian markets closed in the red on renewed worries over rising inflation
and higher interest rates. Fall in crude oil prices, stronger yen, concerns
of tighter liquidity conditions in China ahead of Chinese New Year and
earlier‐than‐expected rate h ike possibility by the Bank of England further
dented sentiment. Today (As of Feb 12), Asian markets opened on a
mixed note while crude oil prices rose after falling in the last six
consecutive sessions. While Nikkei was trading lower 2.32%, Hang Seng
was up 0.77% (as at 8.a.m. IST).
• As per the last close, European market ended lower amid continued
global weakness. Equity markets around the globe have been tumbling
amid rising inflation concerns that could lead to further rate h ikes from
the U.S. Federal Reserve. Global markets remained under pressure amid
sharp sell‐off on Wall Street’s session on Feb 8.
• As per the last close, U.S. market ended almost higher amid bargain
hunting and likely on reports that lawmakers managed to end a brief
government shutdown with funding of government until Mar 23.
However, concerns about the outlook for interest rates, capped the gains.
• Indian equity retreated after witnessing marginal gain in the previous
trading session. Persistence weakness in U .S. mar kets, amid lingering
concerns over imminent rate hike by the U.S. Federal Reserve, weighed
on investor sentiment. Inflationary pressure too affected buying interest.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 1.18% and
1.15% respectively to close at 34,005.76 and 10,454.95, respectively. S&P
BSE Mid‐Cap closed flat, whereas S&P BSE Small‐Cap rose 0.23%.
• The overall market breadth on BSE was weak with 1,403 scrips declining
and 1,369 scrips advancing. A total of 138 scrips remained unchanged.
• On the BSE sectoral front, majority of the indices closed in the red. S&P
BSE Bankex was the major loser down 1.75%, followed by S&P BSE
Finance and S&P BSE Telecom, which fell 1.54% and 1.15%, respectively.
S&P BSE Auto and S&P BSE Teck slipped 0.95% and 0.90%, respectively.
Meanwhile, S&P BSE Metal was the top gai ner, up 1.25%, followed by
S&P BSE Realty and S&P BSE P ower, which rose 0.56% and 0.37%,