Global Indices 02-Mar Prev_Day Abs. Change
Dow Jones 24,538 24,609 -71 -0.29
Nasdaq 7,258 7,181 77 1.08
FTSE 7,070 7,176 -106 -1.47
Nikkei 21,182 21,724 -543 -2.50
Hang Seng 30,583 31,044 -461 -1.48
Indian Indices 01-Mar Prev_Day Abs. Change
S&P BSE Sensex 34,047 34,184 -137 -0.40
Nifty 50 10,458 10,493 -35 -0.33
Nifty 100 10,820 10,861 -41 -0.38
Nifty Bank 24,903 25,107 -205 -0.82
SGX Nifty 10,428 10,500 -72 -0.69
S&P BSE Power 2,213 2,223 -11 -0.48
S&P BSE Small Cap 18,085 18,128 -43 -0.24
S&P BSE HC 14,032 14,113 -81 -0.58
Date P/E Div. Yield P/E Div. Yield
1-Mar 23.61 1.16 25.59 1.19
Month Ago 25.40 1.09 27.48 1.03
Year Ago 22.00 1.42 23.30 1.24
Nifty 50 Top 3 Gainers
Company 01-Mar Prev_Day
BPCL 442 430 2.88
Aurobindo Pharma 624 614 1.66
Coal India 313 309 1.21
Nifty 50 Top 3 Losers Domestic News
Company 01-Mar Prev_Day
ICICI Bank 305 313 -2.65
SBI 262 268 -2.18
United Phos 714 729 -1.99
Advance Decline Ratio
Advances 1166 690
Declines 1543 1072
Unchanged 156 78
Institutional Flows (Equity)
FII Flows* 1025
MF Flows** 22284
Mar 2018; **26
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
• At a meeting of the Cabinet Committee on Economic Affairs chaired by
the Prime Minister, Prime Minister's Employment Generation
Programme (PMEGP) was approved beyond the 12th plan period for
three years to 2019-20 with a total outlay of Rs. 5,500 crore. The plan
will create sustainable estimated employment opportunities for 15 lakh
persons in three financial years.
• The cabinet has approved an action plan for 12 champion services
sectors identified by the ministry of commerce and industry for special
focus. Meanwhile, fund worth Rs. 5,000 crore is proposed to be
established to activate the plan for realising their full potential. The
sectors include IT and IT enabled services, tourism and hospitality,
medical value travel, transport and logistics, accounting and finance,
audio visual, legal, communication, construction and related engineering,
environment, financial and education.
• The Cabinet permitted a strict Fugitive Economic Offenders Bill that
through which government can confiscate assets without conviction. The
provisions of the bill will apply for the economic offenders who flee the
country and against whom an arrest warrant has been issued for a
scheduled offence as well as wilful bank loan defaulters with outstanding
over Rs. 100 crore.
• According to a report from a major credit rating agency, government’s
initiative of Jan Dhan Yojna, launched in Aug 2014, has led to significant
improvement in financial inclusion of the country due to strong growth in
deposits and credit accounts. As per the report, Jan Dhan Yojana has led
to 60 crore new deposit accounts or twice the number opened between
fiscals 2010 and 2013.
• The Cabinet has permitted setting up an independent regulator for the
auditing profession called National Financial Reporting Authority (NFRA).
The regulator has been formed to fill various auditing lapses in the
banking sector. The jurisdiction of the NFRA would extend to all listed
companies and large unlisted public companies.
• Asian markets closed in the red as U.S. President’s plan to impose hefty
tariffs on global imports of steel and aluminum, sent stocks plunging and
spread widespread fears for a trade war with China as well as key
American allies. Today (As of Mar 5), Asian markets opened lower amid
losses in auto, technology and steel stocks. Investors were cautious
ahead of Japan and China’s key economic data. Nikkei and Hang seng fell
0.35% and 0.58%, respectively (as at 8.a.m. IST).
• As per the last close, European markets ended lower after U.S.
President announced upcoming tariffs on steel and aluminum, raising
fears of a potential trade war.
• As per the last close, U.S markets ended on a mixed note. Gains in
healthcare stocks boosted the indices. However, gains were capped as
investors remained concerned about the impact U.S. President’s plans to
impose new tariffs on steel and aluminum imports will have on global
• Indian equity markets closed in red amid weak global markets after
comments from the new U.S. Federal Reserve (Fed) chief regenerated
fears about the pace of U.S. monetary tightening in 2018. Also, investors
remained cautious ahead of Fed’s chair second congressional testimony
for further insights on U.S. inflation and interest rates scheduled later in
the day. However, losses were capped on India’s strong GDP data for
third quarter of FY18 and eight core industries data for Jan 2018 released
on Feb 28.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 0.40% and
0.33% to close at 34,046.94 and 10,458.35, respectively. S&P BSE Mid-
Cap and S&P BSE Small-Cap fell 0.61% and 0.24%, respectively.
• The market breadth on BSE was weak with 1,543 scrips declining and
1,166 scrips advancing. A total of 156 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the top loser, down
0.95%, followed by S&P BSE Bankex and S&P BSE Realty which fell 0.85%
and 0.77%, respectively. S&P BSE Basic Consumer Durables and S&P BSE
Teck fell 0.71% and 0.65%, respectively. Among the gainers, Oil & Gas
was the major gainer, up 0.1%, followed by S&P BSE Fast Moving
Consumer Goods that grew 0.08%.