Global Indices 05-Aug Prev_Day Abs. Change
Russell 3000 1,245 1,288 -42 -3.29
Nasdaq 7,726 8,004 -278 -3.47
FTSE 7,224 7,407 -183 -2.47
Nikkei 20,720 21,087 -367 -1.74
Hang Seng 26,151 26,919 -767 -2.85
Indian Indices 05-Aug Prev_Day Abs. Change
S&P BSE Sensex 36,700 37,118 -418 -1.13
Nifty 50 10,863 10,997 -135 -1.23
Nifty 100 10,970 11,100 -130 -1.17
Nifty 500 8,832 8,944 -112 -1.25
Nifty Bank 27,648 28,205 -557 -1.97
S&P BSE Power 1,889 1,938 -50 -2.56
S&P BSE Small Cap 12,285 12,496 -212 -1.69
S&P BSE HC 12,442 12,555 -114 -0.91
Date P/E Div. Yield P/E Div. Yield
5-Aug 25.25 1.27 26.76 1.36
Month Ago 28.62 1.18 29.04 1.24
Year Ago 23.97 1.18 28.23 1.18
Nifty 50 Top 3 Gainers
Company 05-Aug Prev_Day
Bharti Airtel 358 344 4.12
TCS 2249 2205 1.96
Tech Mahindra 648 636 1.87
Nifty 50 Top 3 Losers Domestic News
Company 05-Aug Prev_Day
Yes Bank 81 88 -8.15
UPL Limited 541 574 -5.68
Tata Motors 124 131 -5.32
Advance Decline Ratio
Advances 698 497
Declines 1737 1354
Unchanged 128 92
Institutional Flows (Equity)
FII Flows* 60706
MF Flows** 23818
Aug 2019; **31
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 declined on political instability concerns as the
government revoked the special status of Kashmir. Global sell-off on the
back of trade-war worries led the rupee to plunge against the dollar. The
global markets were hit by China allowing its yuan to fall below the
politically sensitive point of 7 to the U.S. dollar. This led to speculations
that Beijing is devaluing its currency to counter U.S. President's tariff
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.13% and
1.23% to close at 36,699.84 and 10,862.60, respectively. S&P BSE Mid-
Cap and S&P BSE Small Cap lost 1.26% and 1.69%, respectively.
• The overall market breadth on BSE was weak with 698 scrips advancing
and 1737 scrips declining. A total of 128 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
1.56%, followed by S&P BSE Teck and S&P BSE IT, which gained 0.72% and
0.69%, respectively. S&P BSE Utilities was the major loser, down 2.73%,
followed by S&P BSE Energy and S&P BSE Power, down 2.65% and 2.56%,
respectively. S&P BSE Consumer Durables and S&P BSE Basic Materials
lost 2.16% and 2.07%, respectively.
• The seasonally adjusted Nikkei India Services Business Activity Index
rose to 53.8 in Jul 2019 from 49.6 in Jun 2019, thereby marking a 12-year
high. The seasonally adjusted Nikkei India Composite PMI Output Index
that considers both the manufacturing sector and the services sector
came in at 53.9 in Jul against 50.8 in Jun. New business inflows rise at
fastest pace since Oct 2016. This is the sharpest rise in employment in
around eight-and-a-half years.
• Under the Bharatmala programme, the government is proposing to take
up projects based on financial viability. The programme entails
construction of 60,000 km of national highways across India. This is being
done with the aim of asset monetisation. Projects to be taken up first will
be the ones with high traffic density, and their ability to be monetised
almost immediately after completion, and yield revenue.
• Nestle India’s net profit increased 10.83% to Rs. 437.84 crore for the
second quarter ended Jun 2019. The company follows Jan-Dec financial
year and had posted a profit of Rs. 395.03 crore for the quarter ended Jun
2018. Net sales increased 11.35% to Rs. 2,982.83 crore as against Rs.
2,678.57 crore in the year-ago period.
• ITC Ltd’s net profit increased 12.6% to Rs. 3,173.94 crore in the three
months ended Jun 2019 from Rs. 2,818.68 crore in the year-ago period.
Revenue from operations for the Jun quarter grew 5.7% to Rs. 11,502.82
• State Bank of India (SBI) registered a net profit of Rs. 2,312 crore for the
Jun quarter. The bank had posted a net loss of Rs. 4,875 crore in the year-
ago quarter because of lower provisions and higher other income.
• HDFC Ltd’s net profit increased 46% to Rs. 3,203.10 crore for the first
quarter ended Jun 30 compared with Rs. 2,190 crore in the year-ago
period. Total income increased to Rs. 12,996.11 crore as against Rs.
9,951.98 crore in the same period of the preceding fiscal.
• Asian equity markets ended deep in red after China’s central bank let
yuan fall below the level of 7 against the U.S. dollar. This is a politically
sensitive level and was seen by investors as an intentional measure taken
by China to combat the U.S. Presidents’ trade threats. Today (as of Aug
6), Asian markets opened lower on trade war worries after China
confirmed that it is suspending U.S. agricultural product imports in
response to U.S. tariffs. Both Nikkei and Hang Seng were trading down
2.13% and 2.36%, respectively (as at 8.a.m. IST).
• European markets fell after China devalued its currency in response to
U.S. President’s move of imposing 10% tariffs on China’s remaining $300
billion exports to the U.S. On top of this, media reports showed that
China has stopped import of U.S. agricultural products.
• U.S. markets declined sharply as the trade war between U.S. and China
intensified. China retaliated to the U.S. President’s latest move of
increasing tariffs by allowing yuan to fall to its lowest level against the
dollar in more than 10 years.