31st January 2018
In the month of January 2018, the S&P 11120 BSE Sensex and CNX Nifty rose 5.6% 11020 and 4.7% respectively. The indices have posted their best one-month pre-budget 10920 gain in 13 years. Abundant liquidity and expectations that the budget will boost the ru- 10820 10720 ral economy and revive private investment, 10620 without compromising on fiscal prudence, 10520 have aided the run-up. The one-month gain 10420 has come despite a pullback in the last two sessions following a sell-off in US and Asian markets over valuation concerns. Since 2000, the index has gained only eight times in the month leading up to the budget presentation, and rose as much as 11.7% in the run-up in 2002. The sell off in mid- and small cap shares did not impact sentiments because of the record breaking run in benchmark indices during the month. % Change In Global Indices World markets ended the month of January FTSE -2.01% Nikkie 225 1.46% 2018 on a positive note, except for UK- DAX 2.10% FTSE. Brazil - Bovespa was the top gainer, Straits Times 3.85% Jakarta 3.93% up 11.1%, whereas UK-FTSE was the loser, Kospi 4.01% down 2.0%. Hong Kong Hang Seng, US - Shanghai Composite 5.25% Nasdaq, US - Dow Jones, Chinese - Shanghai BSE Sensex 5.60% S&P 500 5.62% composite, Indonesia Jakarta Composite, Dow Jones 5.79% Singapore - Strait Times, Germany - DAX Nasdaq Composite 7.36% Hang Seng 9.92% and Japan - Nikkei were the other gainers, Bovespa 11.14% -4% -2% 1% 3% 5% 7% 9% 11% 13% up 9.9%, 7.4%, 5.8%, 5.3%, 3.9%, 3.9%, 2.1% and 1.5% respectively. The Bovespa gained 11.1%. These gains were a result of rising optimism among domestic and international investors about the country s general direction at the beginning of 2018. On investment front, the FIIs bought Rs 14,002.42 Crore in equities during January 18. USD/INR strengthened to 63.55 from 63.84 to during January 18 resulting in appreciation of 0.454% against USD. BSE AUTO -3.01% BSE POWER BSE HEALTHCARE BSE CD BSE PSU BSE REALTY BSE FMCG BSE OIL&GAS BSE METAL BSE CG BSE BANKEX BSE IT -2.61% -1.62% Nifty-50 movement in January'18-0.94% -0.62% % Change i n Sectoral i ndices 0.03% 0.15% 0.52% 3.27% 6.43% 7.38% -5% -3% -1% 2% 4% 6% 8% 10% 12% 11.34%
Auto Sales January 2018 Vehicle sales rose in January from a year earlier, boosted by a low base in the year-ago period because of the impact of the government s decision to withdraw high-value banknotes in November 2016.A recovery in demand in rural and semi urban markets also aided vehicle sales. Maruti Suzuki India Ltd, the country s largest vehicle maker, reported a 4.82% increase in total sales at 1,51,351 units on the back of high base last year because of demand for its Baleno (premium hatchback) and Vitara Brezza (a compact SUV) models. The company s dispatches of cars to dealers were, however, affected by a shutdown in some of the company s plants for yearly maintenance. Sales of Alto and Wagon R fell 12.2%, while those of its compact cars Baleno, Dzire Swift and Celerio increased by 21.6%. The increase in taxes on hybrid vehicles and the introduction of the new Verna (a midsize sedan) by Hyundai Motor India Ltd led to a 22.5% decline in Ciaz (a mid size sedan) sales. Utility vehicle sales surged 26.8% in January, led by demand for Vitara Brezza. The country s second largest carmaker Hyundai Motor India registered a 8.3% increase in sales to 45,508 units in Jan 18. This was on the back of strong performance from Grand i10,creta and Next Gen Verna. Exports of the company increased by 9.1% to 10,708 unit during the month. Mumbai-based Mahindra and Mahindra (M&M) reported a 32% growth to 52,048 units in Jan 18.Export growth was 15% at 2616 units during Jan 18 from 2271 units in the previous month. On the back of demand for its hatchback Tiago and compact SUV Nexon, domestic sales for passenger vehicle of Tata Motors Ltd increased by 43.48% to 59,441 units from 41,428 units in Jan 17. Meanwhile Honda cars India reported a 4.83% decline in its domestic sales to 14,838 units in January. In two wheelers, Honda Motorcycles and Scooter India Pvt Ltd (HMSI) reported a 32% increase in sales to 6,41,501 units in Jan 18, against 4,87,088 units in the corresponding previous month (Jan 17),. TVS Motor Company on a similar note jumped 31% to 2,71,801 units from 2,07,059 units during Jan 17.Exports were also impressive at 42,802 units in Jan 18. Local two-wheeler & three-wheeler manufacturer Bajaj Auto posted a robust growth of 46% posting a total sales at 3,53,147 units against 2,41,917 units during Jan 17. Eicher Motor s Royal Enfield continued its strong sales of 77,878 motorcycles in the month of Jan 18, closing the calendar year by recording a growth of 31% over the same period last year. Domestic sales contributed 76,205 units versus 58,133 units, an upswing of 31%..
Total Figure BAJAJ AUTO LTD 353147 241917 45.98% 292547 20.71% TATA MOTORS LTD 64,341 46,349 38.82% 60,671 6.05% MARUTI SUZUKI (INDIA) LTD 151351 144396 4.82% 130066 16.36% MAHINDRA & MAHINDRA 52048 39386 32.15% 39200 32.78% TVS MOTORS 271,801 207,059 31.27% 256,909 5.80% EICHER MOTORS 77878 59676 30.50% 66968 16.29% ESCORT 5,316 3,652 45.56% 3606 47.42% ASHOK LEYLAND 18101 14872 21.71% 19253-5.98% HERO MOTOCORP LIMITED 641,501 487,088 31.70% 472,731 35.70% Export Figure BAJAJ AUTO LTD 150954 106729 41.44% 143038 5.53% TATA MOTORS LTD 4,900 4,921-0.43% 6,044-18.93% MARUTI SUZUKI (INDIA) LTD 10751 10462 2.76% 10780-0.27% MAHINDRA & MAHINDRA 2616 2271 15.19% 2221 17.78% TVS MOTORS 42,802 34,110 25.48% 47,818-10.49% EICHER MOTORS 1,673 1,543 8.43% 1,601 4.50% ESCORT 156 145 7.59% 130 20.00% Total Domestic Sales (Excluding Export) Figure BAJAJ AUTO LTD 202193 135188 49.56% 149509 35.24% TATA MOTORS LTD 59441 41428 43.48% 54627 8.81% MARUTI SUZUKI (INDIA) LTD 140600 133934 4.98% 119286 17.87% MAHINDRA & MAHINDRA 49432 37115 33.19% 36979 33.68% TVS MOTORS 228999 172949 32.41% 209091 9.52% EICHER MOTORS 76205 58133 31.09% 65367 16.58% ESCORT 5,160 3507 47.13% 3,476 48.45% TATA MOTORS GLOBAL WHOLESALES 114797 95931 19.67% 116677-1.61% GLOBAL WHOLESALES(JLR) 49,631 48740 1.83% 55,066-9.87% Global Wholesales (Jaguar) 16,108 15427 4.41% 16,826-4.27% Global Wholesales (Land Rover) 33,523 33313 0.63% 38,240-12.34%
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