GlobalIndices 11‐Jan Prev_Day Abs.Change
DowJones 25,575 25,369 206 0.81
Nasdaq 7,212 7,154 58 0.81
FTSE 7,763 7,749 14 0.19
Nikkei 23,710 23,788 ‐78 ‐0.33
HangSeng 31,120 31,074 47 0.15
IndianIndices 11‐Jan Prev_Day Abs.Change
S&PBSESensex 34,503 34,433 70 0.20
Nifty50 10,651 10,632 19 0.18
Nifty100 11,132 11,117 15 0.13
NiftyBank 25,661 25,617 44 0.17
SGXNifty 10,671 10,607 64 0.60
S&PBSEPower 2 ,420 2,421 ‐1 ‐0.04
S&PBSESmallCap 19,984 19,903 81 0.41
S&PBSEHC 15,020 14,982 37 0.25
Date P/E Div.Yield P/E Div.Yield
11‐Jan 25.50 1.11 27.23 1. 06
MonthAgo 24.73 1.16 26.43 1. 10
YearAgo 21.11 1.45 22.42 1. 32
Company 11‐Jan Prev_Day
Infosys 1076 1052 2.24
IndiabullsHFC 1229 1204 2.03
TechMahindra 552 542 1.77
Company 11‐Jan Prev_Day
IndusIndBank 1700 1734 ‐1.95
Wipro 321 327 ‐1.71
AmbujaCem 272 276 ‐1.58
Advances 1594 976
Declines 1340 813
Unchanged 134 58
YoY(%) Current YearAgo
• Indian equity markets closed in the green as investors remained
optimistic ahead of key corporate earnings scheduled later this week.
Gains in realty, information technology and Teck further boosted the
indices. However, concerns that the government in the budget on Feb 1,
2018, wo uld unveil measures involving heavier spending capped the
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.20% and
0.18% to close at 34,503.49 and 10,651.20, respectively. Moreover, S&P
BSE Mid‐Cap and S&P BSE Small‐Capwentup0.27%and0.41%,
• On the BSE sectoral front, the gainers comprised S&P BSE Realty, up
2.00%, f ollowed by S&P BSE Information Technology and S&P BSE Teck,
which grew 0.84% and 0.73%, respectively. S&P BSE Consumer Te lec o m
and S&P BSE FMCG grew 0.55% and 0.39%, respectively. The losers
comprised S&P BSE Energy, down 0.3%, followed by S&P BSE Oil & Gas (‐
0.29%), S&P BSE Consumer Durables (‐0.26%) and S&P BSE Capital Goods
• Data from Society of Indian Automobile Manufacturers (SIAM) showed
that sales of domestic passenger vehicles grew 5.22% to 2,39,712 units in
Dec 2017 from 2,27,823 u nits in the same month of the previous y ear.
Domestic car sales fell marginally to 1,58,326 units as against 1,58,617
units sold in Dec 2016. Sales of motorcycles grew 40.31% to 7,88,156
units as against 5,61,710 units in the same period of the previous year.
Sales of two‐wheeler vehicles grew 41.45% to 12,87,592 units compared
with 9,10,276 units. Sales of commercial vehicles grew 52.62% to 82,362
units. Sales of vehicles across the categories witnessed a rise of 36.39% to
16,66,646 units in Dec 2017 f rom 12,21,969 units in Dec 2016.
• The government has eased norms for investment in single brand retail,
construction and power exchanges. The government has approved 100%
foreign direct investment (FDI) under automatic route for single brand
retail trading. Earlier also 100% FDI was allowed in the segment, however,
the same required approval of the government. The move would give
boost to foreign retailers. Also, the government has relaxed FDI policy for
medical devices and audit firms associated with companies that receive
funds from overseas. This comes apart from the government’s permission
for 49% investment by foreign airlines in India’s national airline Air India.
• Tata Consultancy Services Ltd has posted a net profit of Rs. 65.31 billion
for the quarter ended Dec 2017, slightly up 1.3% fr o m Rs. 64.46 billion for
the quarter ended Sep 2017. The profit was hurt by a decline in spending
by banking and financial services clients.
• IndusInd Bank posted increase in net profit by 24.73% YoY to Rs. 936.25
crore in quarter ended Dec 2017 as against net profit of Rs. 750.64 crore
for the corresponding quarter last year. Gross non‐performing assets
(NPAs) i ncreased 1.16% of total advance i n the quarter ended Dec from
1.08% in the end of Sep 2017 quarter.
• According to media reports, global auditing firm Price Waterhouse has
been banned by the Securities and Exchange Board of India (SEBI) from
auditing listed companies in India for two years.
• Asian markets mostly traded low following weak cues from overnight
U.S. markets and on news that China may reduce U.S. Treasuries
purchase. Also, chances that the U.S. President may withdraw from the
North American Free Trade Agreement (NAFTA) added to the losses.
However, improved crude oil prices restricted the fall. Today (As of Jan
12), Asian markets opened mostly higher tr acking rise on the Wall Street
overnight. While Nikkei was trading lower 0.1%, Hang Seng was up 0.49%
(8 a.m. IST).
• As per the last close, European market mostly fell after hovering
between gains and losses during the session. The minutes of the latest
policy meeting showed the European Central Bank could change the tone
of its monetary p olicy communication early this year t o reflect the
improvement in growth prospects.
• As per the last close, U.S market rose partly due to easing concerns
about treasuries after China dismissed a media news report that officials
have recommended slowing or halting purchases of U.S. debt.