Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
01 Nov 2019
Markets for You
Global Indices
Global Indices 31-Oct Prev_Day Abs. Change
% Change
#
Russell 3000 1,328 1,331 -3 -0.26
Nasdaq 8,292 8,304 -12 -0.14
FTSE 7,248 7,331 -82 -1.12
Nikkei 22,927 22,843 84 0.37
Hang Seng 26,907 26,668 239 0.90
Indian Indices 31-Oct Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,129 40,052 77 0.19
Nifty 50 11,877 11,844 33 0.28
Nifty 100 12,037 12,003 34 0.29
Nifty 500 9,690 9,648 42 0.44
Nifty Bank 30,066 29,988 79 0.26
S&P BSE Power 1,987 1,982 5 0.23
S&P BSE Small Cap
13,558 13,431 127 0.94
S&P BSE HC 13,229 13,107 122 0.93
Date P/E Div. Yield P/E Div. Yield
31-Oct 27.22 1.15 27.38 1.26
Month Ago 27.04 1.20 26.44 1.31
Year Ago 22.01 1.30 25.00 1.27
Nifty 50 Top 3 Gainers
Company 31-Oct Prev_Day
% Change
#
Yes Bank 70 57 23.94
Zee Ente. 261 235 10.82
SBI 312 290 7.76
Nifty 50 Top 3 Losers Domestic News
Company 31-Oct Prev_Day
% Change
#
JSW Steel 228 234 -2.73
Tech Mahindra 739 754 -2.04
Tata Steel 381 388 -1.92
Advance Decline Ratio
BSE NSE
Advances 1517 1138
Declines 1041 690
Unchanged 146 121
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 68552
MF Flows** 57694
*31
st
Oct 2019; **30
th
Oct 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
3.99%
(Sep-19)
3.70%
(Sep-18)
IIP
-1.10%
(Aug-19)
4.80%
(Aug-18)
GDP
5.00%
(Jun-19)
8.00%
(Jun-18)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
01 November 2019
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI from
2010 to 2012
Indian Equity Market
Indices Performance
P/E Dividend Yield
Sensex
Nifty
4.50%
(May-19)
5.80%
(Mar-19)
Quarter Ago
Inflow/Outflow
61
7595
3.18%
(Jun-19)
Indian equity markets gained on the back of positive global and domestic
cues. The U.S. Federal Reserve cut interest rate by 25 basis points, leading to
expectations of similar easing by other global banks. The talk of government
planning to usher in more stimulus measures and stake sale in public sector
banks lifted sentiment.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.19% and 0.28%
to close at 40,129.05 and 11,877.45 respectively. S&P BSE MidCap and S&P BSE
SmallCap gained 1.14% and 0.94% respectively.
The overall market breadth on BSE was strong with 1,517 scrips advancing
and 1,041 scrips declining. A total of 147 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Teck was the major gainer, up 1.97%
followed by S&P BSE Telecom, up 1.87% and S&P BSE IT, up 1.75%. S&P BSE
Metal was the major loser, down 0.51% followed by S&P BSE Energy, down
0.45% and S&P BSE Capital Goods, down 0.14%.
Among the 31-stock sensitive Sensex pack, Yes Bank was the major gainer, up
24.03%, followed by SBI and Infosys that grew 7.69% and 3.79%, respectively.
Tech Mahindra was the major loser, down 2.08%, followed by Tata Steel and
ICICI Bank, down 1.95% and 1.74%, respectively.
Government data showed that India’s fiscal deficit widened in Sep 2019
compared to that of the previous month. India’s fiscal deficit for the period
from Apr to Sep of 2019 widened to Rs. 6.52 lakh crore or 92.6% of the budget
estimate from 78.7% of the budget estimate during the period from Apr to
Aug of 2019. However, fiscal deficit was lower compared to the corresponding
period of the previous year when fiscal deficit stood at 95.3% of the budget
estimate. Revenue receipts stood at 41.6% of the budgeted target of Rs 19.6
lakh crore of which tax revenue stood at 36.8% of the budgeted target of Rs.
16.5 lakh crore while the non-tax revenue stood at 66.7% of the budgeted
target of Rs 3.13 lakh crore.
Government data showed that the growth of the index of eight core
industries contracted significantly by 5.2% in Sep 2019 compared to a growth
of 0.1% in the previous month and 4.3% in the same period of the previous
year. All the sectors barring the fertilizer sector contracted over the month of
which the coal sector witnessed the maximum contraction of 20.5%. The
fertilizers sector witnessed expansion over the month which witnessed a
growth of 5.4% in Sep 2019.
Media reports showed the Reserve Bank of India (RBI) has asked banks to
ensure customers' debit and credit card data is secure. The central bank has
asked them to investigate reports that say data of 1.3 million accounts was
available online. Banks should secure the customers' data by performing a
preliminary analysis of the leaked card information online, it said.
Yes Bank said it has received a binding offer from a global investor for an
investment of $1.2 billion in the bank through fresh issuance of equity shares,
media reports showed. It is subject to regulatory approvals/conditions as well
as bank's board and shareholders approvals.
Cognizant Technology Solutions will remove around 10,000-12,000 mid-
senior level employees from their current roles in the coming quarters. This is
being done to pare costs and simplify its organisational structure.
The Competition Commission of India (CCI) has approved a proposed $300
million investment by Hyundai Motor Company (HMC) and Kia Motors
Corporations (KMC) for stake acquisition in ANI Technologies. ANI
Technologies operates ride-sharing company Ola and Ola Electric.
Asian equity markets were mostly mixed after the U.S. Federal Reserve lived
up to expectations and cut interest rates but hinted that it may hold off on
further rate cuts for now. Today (as of Nov 1), Asian markets largely remained
under pressure amid renewed concerns over the potential for a long-term
trade deal between U.S. and China. Both Nikkei and Hang Seng were trading
down 0.52% and 0.04%, respectively (as at 8.a.m. IST).
European markets slumped as uncertainty over the U.S.- China trade deal
loomed large. According to media reports, Chinese trade officials are doubtful
over a comprehensive long-term trade agreement with the U.S. despite the
two sides closing in on an initial phase one accord.
Majority of the U.S. markets came under pressure as investors focused on the
latest developments on the U.S.- China trade deal. According to media reports,
Chinese trade officials have been casting doubt over the possibility of a long-
term trade deal with the U.S. amid risk of the latter backing out of any kind of
deal in the future.
Markets for You