GlobalIndices 16‐Jan Prev_Day Abs.Change
DowJones 24,207 24,066 142 0.59
Nasdaq 7,035 7,024 11 0.15
FTSE 6,863 6,895 ‐32 ‐0.47
Nikkei 20,443 20,555 ‐113 ‐0.55
HangSeng 26,902 26,830 72 0.27
IndianIndices 16‐Jan Prev_Day Abs.Change
S&PBSESensex 36,321 36,318 3 0.01
Nifty50 10,890 10,887 4 0.03
Nifty100 11,112 11,108 4 0.04
NiftyBank 27,484 27,401 83 0.30
SGXNifty 10,925 10,900 25 0.23
S&PBSEPower 1,964 1,960 4 0.20
S&PBSESmallCap 14,660 14,638 21 0.14
S&PBSEHC 14,212 14,149 63 0.44
Date P/E Div.Yield P/E Div.Yield
16‐Jan 23.84 1.16 26.17 1.24
MonthAgo 23.47 1.22 26.14 1.23
YearAgo 25.55 1.11 26.96 1.06
Company 16‐Jan Prev_Day
YesBank 208 203 2.64
IndiabullsHFC 830 809 2.57
IndusIndBank 1527 1495 2.11
Company 16‐Jan Prev_Day
BhartiInfratel 276 280 ‐1.39
BajajFinance 2570 2604 ‐1.32
VedantaLimited 196 199 ‐1.31
Advances 1209 882
Declines 1375 865
Unchanged 141 129
YoY(%) Current YearAgo
• The government has decided to recapitalise state‐owned Exim Bank.
The government will recapitalise Rs. 6,000 crore and double its
authorised capital to Rs. 20,000 crore. The equity will be infused in two
tranches of Rs. 4,500 crore in 2018‐19 and Rs. 1,500 crore in 2019‐20,
Railway minister said. The equity will be infused in two tranches – Rs.
4,500 crore in 2018‐19 and Rs. 1,500 crore in 2019‐20, Railway minister
• Reserve Bank of India (RBI) governor will meet industry chambers on
Jan 17, 2019, to understand their issues and concerns. The governor has
been holding consultations with various stakeholders such as banks, non‐
banking financial companies and micro, small and medium enterprises
from the time he took the post recently.
• India's soymeal sales to Iran could increase as the latter is using the
rupees it receives for its crude exports to cover its animal feed demand.
This comes amid U.S. sanctions that have crippled Iran’s ability to import
necessities. Iran has agreed to sell crude oil to India in exchange of rupees
after U.S. sanctions blocked its access to the global financial system. It
must spend those rupees on Indian goods and Iran does not produce
enough of soymeal domestically. Higher meal exports in turn could
support Indian soybean prices and to some extent even rectify farmer
complaints of low prices.
• India will purchase $5 billion worth of oil and gas from the U.S. per
annum and $18 billion worth of defence equipment that are under
implementation, according to media reports. The U.S. export to India has
increased at least 30%, India’s ambassador to the U.S. said. In the last two
years, bilateral trade has increased from $119 billion to $140 billion, he
• ICICI Securities Ltd reported a 34% decline in third quarter net profit at
Rs. 101.2 crore. Revenue decreased 18% YoY as all segments put in a
• Asian equity markets were mostly higher as the positive sentiment
emanating from China’s hints at providing greater stimulus to the
economy overshadowed Brexit uncertainties. The U.K. parliament voted
against Prime Minister’s Brexit deal by a wide margin. The U.K.
government now faces a no‐confidence vote. Today (as of Jan 17), Asian
markets opened mostly on a positive note following rise on Wall Street
Overnight. While Nikkei was trading higher 0.36%, Hang Seng was lower
0.42% (as at 8 a.m. IST).
• As per the last close, European markets mostly gained ahead of the no
confidence vote against U.K. Prime Minister following the defeat her
Brexit plan suffered in Parliament on Wednesday.
• As per the last close, U.S markets rose partially following upbeat
earnings of two U.S. investment banks and financial services giants.
Market was positive after British Prime Minister’s government survived a
vote of no confidence in parliament. However, gains were limited on
uncertainty about the ongoing government shutdown.
• Indian equity markets gained yet again on positive economic data as
India’s trade deficit narrowed to a 10‐month low. However, the market
movement was volatile as uncertainties grew around Brexit after the U.K.
Prime Minister lost support for the proposal by a wide margin in the
parliament and now faces a no‐confidence vote.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.01% and
0.03%, respectively, to close at 36,321.29 and 10,890.30, respectively.
S&P BSE Mid‐Cap lost 0.02% and S&P BSE Small Cap gained 0.14%.
• The overall market breadth on BSE was weak with 1209 scrips
advancing and 1375 scrips declining. A total of 141 scrips remained
• On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up
0.66%, followed by S&P BSE Information Technology and S&P BSE
Utilities, up 0.65% and 0.52%, respectively. S&P BSE Energy and S&P BSE
Healthcare gained 0.45% and 0.44%, respectively. S&P BSE Telecom was
the major loser, down 0.82%, followed by S&P BSE Fast Moving Consumer
Goods and S&P BSE Metal, down 0.74% and 0.68, respectively.