Global Indices 18-Apr Prev_Day Abs. Change
Dow Jones 26,560 26,450 110 0.42
Nasdaq 7,998 7,996 2 0.02
FTSE 7,460 7,471 -11 -0.15
Nikkei^ 22,201 22,090 110 0.50
Hang Seng 29,963 30,125 -161 -0.54
Indian Indices 18-Apr Prev_Day Abs. Change
S&P BSE Sensex 39,140 39,276 -135 -0.34
Nifty 50 11,753 11,787 -34 -0.29
Nifty 100 11,913 11,950 -37 -0.31
Nifty Bank 30,223 30,531 -308 -1.01
SGX Nifty 11,771 11,854 -84 -0.70
S&P BSE Power 2,033 2,061 -28 -1.34
S&P BSE Small Cap 15,021 15,172 -151 -0.99
S&P BSE HC 14,481 14,521 -40 -0.28
Date P/E Div. Yield P/E Div. Yield
18-Apr 28.34 1.12 29.33 1.12
Month Ago 27.97 1.14 28.10 1.18
Year Ago 23.60 1.14 26.13 1.22
Nifty 50 Top 3 Gainers
Company 18-Apr Prev_Day
RIL 1386 1344 3.14
Tata Motors 236 231 2.49
BPCL 363 358 1.51
Nifty 50 Top 3 Losers Domestic News
Company 18-Apr Prev_Day
Yes Bank 256 266 -4.00
Indiabulls HFC 801 832 -3.83
Hindalco 207 215 -3.61
Advance Decline Ratio
Advances 870 543
Declines 1701 1288
Unchanged 156 112
Institutional Flows (Equity)
FII Flows* 62250
MF Flows** 117
Apr 2019; **16
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 broke their winning streak and ended in the red.
Though the start was good, and indices touched new highs, the news of
grounding of a major debt-ridden domestic airline hit bank and finance
stocks. Leading public sector banks are the airline’s lenders and have high
exposure in it. This pulled the markets down.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.34% and
0.29%, respectively, to close at 39,140.28 and 11,752.80, respectively. S&P
BSE Mid-Cap and S&P BSE Small Cap lost 0.89% and 0.99%, respectively.
• The overall market breadth on BSE was weak with 870 scrips advancing
and 1701 scrips declining. A total of 156 scrips remained unchanged.
• On the BSE sectoral front, only two sectors gained. S&P BSE Energy was
the major gainer, up 1.93%, followed by S&P BSE Oil & Gas, up 0.75%. S&P
BSE Realty was the major loser, down 2.33%, followed by S&P BSE Power,
down 1.34%, and S&P BSE Metal, down 1.28%. S&P BSE Telecom and S&P
BSE Capital Goods lost 1.22% and 1.2%, respectively.
• Minutes of the monetary policy review held on Apr 4, 2019 showed that
most of the policymakers in the monetary policy committee agreed to
lower key policy repo rate in order to boost growth of the Indian economy
as domestic inflationary pressures remained muted. However, some
policymakers warned that inadequate monsoons may lead to an increase
in food prices which may push inflation above the Reserve Bank of India’s
• Data from capital market regulator Securities and Exchange Board of
India showed that investment through participatory notes in domestic
capital markets rose to Rs. 78,110 crore in Mar 2019 from Rs. 73,428 crore
in the previous month. Of the total investment in participatory notes, Rs.
56,288 crore was parked in equities, Rs. 20,999 crore was in debt and
Rs.119 crore was in derivative markets. It needs to be noted that
participatory notes are issued by registered foreign portfolio investors for
those overseas investors who want to invest in the domestic equity
market but don’t want to register themselves without going through a due
• According to a report by the World Steel Association, steel demand in
India is expected to grow in excess of 7% in the current year as well as in
the next year. Demand of steel is expected to grow due to the ongoing
• According to media reports, the net profit of Reliance Industries rose
9.8% on a yearly basis to Rs. 10,362 crore in Q4FY19 from Rs.9,438 crore in
the same period of the previous year. Revenue rose 19.4% on a yearly
basis to Rs. 154,110 crore. However, upbeat revenue from retail and
telecom businesses neutralised weaknesses in the core oil refining and
• According to media reports, Larsen & Toubro said its heavy engineering
arm has won several contracts for supply of critical reactors, equipment
and systems for Process Plant sector. The company said that the orders
are mainly from US, Europe, Middle East and South East Asia.
• According to media reports, Granules India has received approval from
the U.S. health regulator for Acetaminophen tablets which is used for
temporary pain relief.
• According to media reports, the net profit of Reliance Jio Infocomm rose
64.70% on a yearly basis to Rs. 840 crore from Rs. 510 crore in the same
period of the previous year.
• Asian equity markets saw thin trade as many markets were closed on
account of the Good Friday Holiday. Some of the region’s indices
benefitted from gains in overnight U.S. markets. U.S. markets gained but
trade was volatile as investors awaited quarterly earnings news. Today (as
of Apr 22), Asian markets opened mixed as markets remained subdued
during Easter holidays. Nikkei was trading down 0.22% (as at 8.a.m. IST)
and Hang Seng remained closed for a public holiday.
• As per the last close, European markets closed almost higher amid rising
optimism about U.S.-China trade deal and strong economic data from U.S.
Strong corporate earnings also boosted the market. However, buying
interest remained subdued ahead of the long weekend.
• As per the last close, U.S markets closed higher following strong U.S.
retail sales data for Mar 2019 and unexpected decline in U.S. jobless
claims data for week ended Apr 13. Further, investors sentiments were
boosted after two companies has successful initial public offerings.
However, gains were capped due to sharp decline in healthcare sector.