GlobalIndices 19‐Jan Prev_Day Abs.Change
DowJones 26,072 26,018 54 0.21
Nasdaq 7,336 7,296 40 0. 55
FTSE 7,731 7,701 30 0.39
Nikkei 23,808 23,763 45 0. 19
HangSeng 32,255 32,122 133 0.41
IndianIndices 19‐Jan Prev_Day Abs.Change
S&PBSESensex 35,512 35,260 251 0.71
Nifty50 10,895 10,817 78 0.72
Nifty100 11,316 11,235 81 0.72
NiftyBank 26,910 26,537 372 1.40
SGXNifty 10,918 10,820 98 0.90
S&PBSEPower 2 ,363 2,352 11 0.46
S&PBSESmallCap 19,456 19,286 170 0.88
S&PBSEHC 14,868 14,804 64 0.43
Date P/E Div.Yield P/E Div.Yield
19‐Jan 26.06 1.08 27.44 1.04
MonthAgo 25.01 1.13 26.79 1.09
YearAgo 21.30 1.44 22.44 1.31
Company 19‐Jan Prev_Day
IndiabullsHFC 1302 1244 4.67
AdaniPorts&SEZ 433 416 4.13
BajajFinance 1702 1661 2.48
Company 19‐Jan Prev_Day
AmbujaCem 269 276 ‐2.56
UltratechCem 4300 4409 ‐2.46
Infosys 1143 1153 ‐0.80
Advances 1393 910
Declines 1506 886
Unchanged 131 52
YoY(%) Current YearAgo
• According to the telecom secretary, the Department of
Telecommunications (DoT) plans to consider reducing licence fees,
spectrum user charges and other levies in the new telecom policy (NTP).
This will help attract more investments in the sector.
• The Goods and Services Tax Network (GSTN) announced that as many
as 21,756 new registrations were received by the e‐way bill portal on the
first day of opening registrations for the system in all the states of the
country. GSTN stated that the number of e‐way Bills generated by all the
registrants together stood at 167,725.
• National Stock Exchange (NSE) will auction investment limits for
overseas investors for purchase of corporate bonds worth Rs. 9,475 crore
on Jan 22, 2018. The auction will be conducted on NSE's e‐bid platform
after the close of market hours. The overseas investors get the right to
invest in debt up to the stipulated limit with auction quota.
• According to media reports, the government is taking into consideration
ministry. This comes on the wake of boosting supplies of the key steel
making materials. The proposal is under discussion and requires approval
from the prime minister’s office and the ministries. With integration, the
steel ministry will be allowed to make better trade policies, accelerate
approval of mining licenses and also make easy for foreign steelmakers to
set up operations in India.
• Reliance Industries’ consolidated net profit rose 25% YoY to Rs. 9,423
crore in the Dec quarter of 2017 due to higher refining margins. Also, its
telecom arm Jio reported net profit in its second quarter of operations.
Consolidated revenue of the company went up 30% YoY to Rs. 1.09 lakh
• HDFC Bank’s net profit increased 20.1% YoY to Rs. 4,640 crore in the
Dec quarter of 2017 due to rise in i nterest and fee income. Total income
went up 17.84% YoY to Rs. 24,450 crore. The b ank's net interest income,
or the interest earned minus interest expended, rose 24.1% to Rs. 10,314
• Asian markets ended in the green following stronger than expected
Chinese GDP data, weaker yen and expectations for strong corporate
earnings. However, modest losses from overnight U.S. markets,
downbeat U.S. economic data and concerns about a possible government
shutdown limited the upside. Today (As of Jan 22), Asian markets opened
slightly lower as investors kept an eye on political developments in the
U.S. after a government shutdown began last week. Both Nikkei and Hang
Seng were trading lower 0.21% and 0.18%, respectively (8 a.m. IST).
• As per the last close, European market increased shrugging off concerns
over a possible U.S. government shutdown. However, energy stocks fell
due to pullback in crude oil prices.
• As per the last close, U.S market rose on optimism about the outlook
for the economy and corporate earnings, which overshadowed concerns
about a government shutdown at midnight. The spending bill includes a
six‐year extension of the popular Children's Health Insurance Program
and also delays some Obamacare taxes.
• Indian equity markets continued to extend the rally with investors
taking positive cues after the government decided to cut tax rates on
certain products a nd services. Strength in the Asian markets further
supported buying interest following China’s announcement of faster‐
than‐expected fourth quarter growth for 2017.
• Key benchmark indices S&P BSE Sensex and Nifty 50 rose 0.71% and
0.72% to close at 35,511.58 and 10,894.70, respectively. Moreover, S&P
BSE Mid Cap and S&P BSE Small Cap rose 0.77% and 0.88%, respectively.
• The overall market breadth on BSE was weak with 1,506 scrips declining
and 1,393 scrips advancing. A total of 131 scrips remained unchanged.
• On the BSE sectoral front, all the major indices closed in the green. S&P
BSE Bankex was the top gainer, up 1.52%, followed by S&P BSE Finance
and S&P BSE Realty, which rose 1.32% and 1.26%, respectively. S&P BSE
Industrials and S&P BSE Energy went up 1.10% and 0.94%, respectively.