GlobalIndices 19‐Feb Prev_Day Abs.Change
DowJones Closed 25,219 NA NA
Nasdaq Closed 7,239 NA NA
FTSE 7,248 7,295 ‐47 ‐0.64
Nikkei 22,149 21,720 429 1.97
HangSeng Closed Closed NA NA
IndianIndices 19‐Feb Prev_Day Abs.Change
S&PBSESensex 33,775 34,011 ‐236 ‐0.69
Nifty50 10,378 10,452 ‐74 ‐0.71
Nifty100 10,748 10,831 ‐83 ‐0.77
NiftyBank 25,059 25,164 ‐105 ‐0.42
SGXNifty 10,387 10,415 ‐28 ‐0.27
S&PBSEPower 2,207 2,229 ‐22 ‐0.99
S&PBSESmallCap 17,857 18,036 ‐179 ‐0.99
S&PBSEHC 14,111 14,267 ‐156 ‐1.10
Date P/E Div.Yield P/E Div.Yield
19‐Feb 23.60 1.16 25.14 1.09
MonthAgo 26.06 1.08 27.44 1.04
YearAgo 21.55 1.45 23.10 1.25
Company 19‐Feb Prev_Day
BhartiInfratel 330 328 0.70
CoalIndia 305 304 0.63
RIL 927 921 0.62
Company 19‐Feb Prev_Day
TataSteel 649 690 ‐5.93
AdaniPorts&SEZ 394 405 ‐2.86
Dr.Reddy 2152 2214 ‐2.78
Advances 689 392
Declines 2061 1415
Unchanged 163 52
YoY(%) Current YearAgo
• According to media reports, state‐run Energy Efficiency Services Lt d
(EESL) plans to float a global tender for 10,00 0 electric vehicles that will
be deployed across the country. According to the EESL chief, state
governments and the C entral government have shown sufficient interest
on adoption of electric vehicles and making it mainstream.
• According to a private survey, short term financial conditions in India
deteriorated for the fourth quarter of the current fiscal ending Mar 31,
2018. The CII IBA Financial C o nditions Index stood at 53.2 for the quarter
ending Mar 31, 2018, as against 65.3 in the previous quarter. The fall can
be attributed to concerns of increase in domestic inflationary pressures,
decline of excess liquidity from the banking sector and lower possibility of
a rate cut by the Monetary Policy Committee in the near term. However,
market participants are optimistic of increase in foreign exchange
reserves and expects increase in money mobilization through the external
commercial borrowings, foreign currency convertible bonds, American
depositary receipts and global depository receipts.
• According to media reports, the government is likely to impose an anti‐
dumping duty of u p to $620 per tonne for five years on a chemical
imported from China that finds usage in pharma and fertilizer industry.
The consideration comes amid worries that the d omestic industry has
suffered material injury due to the dumping of the product. It needs to be
noted that imports of the material increased to 4,373 tonne during the
period of investigation (Jul 2015 to Sep 2016) from 4,011 tonne in 2013‐
• Larsen and Toubro (L&T) announced that its construction arm h as
received orders from the Pune Municipal Corporation. As per the order
worth Rs. 16.8 billion, L&T’s construction arm will revamp the water
supply system in the city.
• Asian markets rose amid thin trading volume as markets in China and
Hong Kong remained shut due to the Lunar New Year holiday. Japanese
markets rose on the back of encouraging trade deficit data for Jan 2018.
Official data showed that Japan posted a merchandise trade deficit of
943.417 billion yen in Jan, an improvement of 13.6% from a year earlier
period. Today (As of Feb 20), Asian markets opened mostly lower after a
relatively quiet overnight session, due to U.S. markets being closed for a
holiday in the last session. Both Nikkei and Hang Seng were trading lower
1.00% and 0.86%, respectively (as at 8 a.m. IST).
• As per the last close, European market ended lower amid weak volumes
after rising in the last three t rading sessions. Market saw some stock
specific action as investors digested fresh quarterly earnings of
• As per the last close, U.S market was closed on account of President’s
• Indian equity markets continued with the downward trend as investors
remained wary on the long‐term impact of major banking fraudulent
transaction case. This has weighed on the other public‐sector banks too
as some of them had exposure to the banking scam. Expiry of the futures
and options during the week and probability of a rate hike by the U.S.
Federal Reserve in Mar 2018 also kept investors on the sidelines.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 0.69% and
0.71% to close at 33,774.66 and 10,378.40, respectively. S&P BSE Mid‐
Cap and S&P BSE Small‐Cap fell 1.05% and 0.99%, respectively.
• The overall market breadth on BSE was weak with 2,061 scrips declining
and 689 scrips advancing. A total of 163 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal (‐1.60%) stood as the major
loser followed by S&P BSE Capital Goods (‐1.56%) and S&P BSE Industrials
(‐1.34%). S&P BSE Bankex (‐0.57%) al so remained weak as shares of
public sector banks were continued to remain under pressure on worries
of the fraud case at Punjab National Bank.