Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 Nov 2019
Markets for You
Global Indices
Global Indices 04-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,342 1,340 2 0.16
Nasdaq 8,433 8,386 47 0.56
FTSE 7,370 7,302 67 0.92
Nikkei Closed 22,851 NA NA
Hang Seng 27,547 27,101 447 1.65
Indian Indices 04-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,302 40,165 137 0.34
Nifty 50 11,941 11,891 51 0.43
Nifty 100 12,089 12,048 41 0.34
Nifty 500 9,732 9,704 28 0.29
Nifty Bank 30,333 30,331 3 0.01
S&P BSE Power 1,986 1,988 -2 -0.08
S&P BSE Small Cap
13,631 13,601 30 0.22
S&P BSE HC 13,321 13,300 21 0.16
Date P/E Div. Yield P/E Div. Yield
4-Nov 27.61 1.15 27.59 1.25
Month Ago 26.43 1.23 25.75 1.34
Year Ago 22.72 1.26 25.40 1.25
Nifty 50 Top 3 Gainers
Company 04-Nov Prev_Day
% Change
#
Bharti Infratel 215 202 6.12
JSW Steel 250 238 5.30
Bajaj Finserv 8707 8385 3.84
Nifty 50 Top 3 Losers Domestic News
Company 04-Nov Prev_Day
% Change
#
Zee Ente. 296 310 -4.33
Indian Oil 139 143 -2.77
Maruti Suzuki 7424 7619 -2.55
Advance Decline Ratio
BSE NSE
Advances 1433 1075
Declines 1156 774
Unchanged 166 125
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 72349
MF Flows** 55691
*4
th
Nov 2019; **31
st
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.
05 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
-1769
1807
3.18%
(Jun-19)
Indian equity markets closed in the green at record-highs. Upbeat earnings
results by some of the corporate majors from various sectors and solid foreign
fund inflows supported buying interest. Gains in metal and information
technology stocks boosted the indices. Gains were extended on positive global
cues amid growing optimism over U.S. and China trade talks and upbeat U.S.
jobs data for Oct 2019. Impact of rate cut by the U.S. Federal Reserve last week
continued to act as a positive catalyst.
Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.34% and 0.43%
to close at 40,301.96 and 11,941.30, respectively. S&P BSE Mid-Cap and S&P
BSE Small Cap grew 0.01% and 0.22%, respectively.
On the BSE sectoral front, S&P BSE Metal stood as the major gainer and grew
3.20%, followed by S&P BSE Telecom that grew 2.11%. China’s upbeat
manufacturing data for Oct and optimism over U.S. and China trade talks
helped the metal sector. S&P Basic Materials and S&P BSE information
technology grew 1.42% and 1.02%, respectively. As per media reports, an
information technology major gained after no evidence was received to
support the allegations in a whistleblower letter received in Oct as per which
its CEO was reportedly accused of shoring up profits through irregular
accounting.
According to a major credit rating agency, growth in bank credit may fall
sharply to a range of 8%-8.5% in FY20 from 13.3% in FY19. The decline reflects
fall in incremental credit in first half of FY20. It expects YoY growth in volume
of bonds outstanding to moderate to approximately 4% in FY20 as against
12% in FY19. As per the agency, this is because of bond markets being risk
averse towards NBFCs.
Draft papers for approximately 125 mutual fund schemes have been filed by
asset management companies with Securities and Exchange Board of India so
far in 2019. This is much lower than 211 such documents submitted in entire
2018. With just two months to go for the year to end, the fund houses have
attributed fewer NFO’s to investors’ weak sentiment and liquidity crisis in debt
funds.
The union housing and urban affairs minister stated that the central
government will launch an e-commerce platform for real estate sector. The
urban affairs minister had a discussion with Confederation of Real Estate
Developers Association of India (CREDAI) and National Real Estate
Development Council (NAREDCO). The launch of e-commerce platform aims to
bring in transparency in the sector and offer only certified projects.
According to media reports, the government is considering setting up of
approximately ten integrated mega parks with state-of-the-art infrastructure
near ports. This is aimed to attract foreign direct investment.
According to media reports, HDFC Bank’s standalone profit jumped 60.5% on
a yearly basis to Rs 3,961.53 crore for the quarter ended Sep 2019 compared
with Rs. 2,467.08 crore profit in the same quarter of the previous year.
Indian IT services major Infosys Ltd clarified that it did not receive any
evidence that lends support to the allegations made by a whistleblower letter
sent last month.
Tata Power has entered into a partnership with the Rockefeller Foundation
under which it will set up micro-grids based on renewable power and manage
electricity supply in rural areas.
Amazon India and Bookmyshow has entered into a partnership where
customers can now book movie tickets on the e-commerce website.
Asian markets traded higher as investors took positive cues from the upbeat
U.S. jobs data released last week coupled with optimism over the U.S.- China
trade deal. Today (as of Nov 5), Asian markets traded higher, led by strong
performance overnight on Wall Street. Both Nikkei and Hang Seng were
trading up 0.86% and 0.14%, respectively (as at 8.a.m. IST).
European markets witnessed buying spree, led by strong optimism over a
positive breakthrough of the trade deal between U.S. and China. The U.S.
Commerce Secretary said that licenses would be granted shortly for American
firms to sell to one of the major Chinese telecommunications giants.
U.S. markets rose, led by hopes of long-term U.S.- China trade deal. The U.S.
Commerce Secretary expressed optimism that the phase one of a trade deal
could be signed this month. Additionally, strong earning reports and rebound
in jobs data contributed to the rally.
Markets for You