Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 Nov 2019
Markets for You
Global Indices
Global Indices 07-Nov Prev_Day Abs. Change
% Change
#
Russell 3000 1,342 1,339 4 0.27
Nasdaq 8,435 8,411 24 0.28
FTSE 7,406 7,397 10 0.13
Nikkei 23,330 23,304 27 0.11
Hang Seng 27,847 27,689 159 0.57
Indian Indices 07-Nov Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,654 40,470 184 0.45
Nifty 50 12,012 11,966 46 0.38
Nifty 100 12,153 12,104 49 0.40
Nifty 500 9,764 9,721 43 0.44
Nifty Bank 30,633 30,610 24 0.08
S&P BSE Power 1,981 1,983 -2 -0.09
S&P BSE Small Cap 13,546 13,473 73 0.54
S&P BSE HC 13,316 13,231 85 0.64
Date P/E Div. Yield P/E Div. Yield
7-Nov 27.87 1.14 27.75 1.24
Month Ago 26.25 1.23 25.64 1.35
Year Ago 22.61 1.27 25.32 1.26
Nifty 50 Top 3 Gainers
Company 07-Nov Prev_Day
% Change
#
Bharti Infratel 229 221 3.75
Sun Pharma 441 428 2.97
IndusInd Bank 1382 1343 2.90
Nifty 50 Top 3 Losers Domestic News
Company 07-Nov Prev_Day
% Change
#
United Phos 578 607 -4.76
GAIL 132 137 -3.37
Yes Bank 66 69 -3.28
Advance Decline Ratio
BSE NSE
Advances 1319 945
Declines 1203 884
Unchanged 189 103
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 74091
MF Flows** 54403
*7
th
Nov 2019; **5
th
Nov 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.
08 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
-1425
1262
3.18%
(Jun-19)
Indian equity markets extended gains as the government announced a Rs.
25,000 crore fund to help stalled residential projects. The real estate package
will also include projects that have been declared non-performing assets or
gone under insolvency proceedings. These steps will help boost growth by
promoting consumption in real estate and associated sectors.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.45% and 0.38%
to close at 40,653.74 and 12,012.05 respectively. S&P BSE MidCap and S&P BSE
SmallCap gained 0.69% and 0.54% respectively.
• The overall market breadth on BSE was strong with 1,319 scrips advancing and
1,203 scrips declining. A total of 189 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Energy was the major gainer, up 0.96%
followedbyS&PBSEMetal,up0.95%andS&PBSERealty,up0.78%.S&PBSE
Oil & Gas was the major loser, down 0.62% followed by S&P BSE Capital Goods,
down 0.5% and S&P BSE Utilities, down 0.45%.
• Among the 31-stock sensitive Sensex pack, Sun Pharmaceutical Industries was
themajorgainer,up3.02%,followedbyIndusIndBankandRelianceIndustries
that grew 2.88% and 1.86%, respectively. Yes Bank was the major loser, down
3.27%, followed by Hindustan Unilever and ONGC, down 1.93% and 1.86%,
respectively.
The Reserve Bank of India (RBI) governor has said the bank is closely
monitoring non-banking financial companies (NBFCs), media reports showed.
The central bank is regularly interacting with the management of these
companies to take corrective steps as and when required, the governor added.
The governor said, RBI is monitoring top 50 NBFCs that account for 75% of the
sector.
According to media reports, domestic production of crude oil and natural gas
has fallen 6% and 1.5%, respectively, in the first half of FY20. India’s oil demand
growth too has slowed to 1.4% in the Apr-Sep 2019 period, compared with
3.5% in the same period last year. A sharper decline in production has increased
reliance on import.
The term of the 15th Finance Commission (FFC) could be extended by at least
six months by the government. The government could seek an interim report
for the financial year 2020-21. Media reports showed, talks are going on
between the government and FFC to work out details. The commission’s tenure
was set to end in Oct 2019 but the President extended it to Nov 2019 in Jul
2019.
The finance minister reviewed the state of economy, including stress in the
financial sector, at the meeting of the Financial Stability and Development
Council (FSDC), which is the apex body of sectoral regulators, headed by the
finance minister.
Media reports showed Qatar Airways could consider buying a stake in
InterGlobe Aviation Ltd, the owner of IndiGo. The Gulf airline is not interested
in investing in debt-ridden Air India, Qatar Airways group chief executive said.
Qatar Airways and IndiGo announced a code share agreement, according to
media reports. As part of the pact, Qatar Airways will place its code on IndiGo
flights between Doha-Delhi, Mumbai and Hyderabad starting from Nov 7, 2019.
Moody’s investor service has placed Yes Bank’s foreign currency issuer rating
of Ba3 under review for downgrade. The rating agency cited weak financial
performance and uncertainty over regulatory approvals to its $1.2 billion stake
sale as reasons.
• Asian equity markets oscillated between slight gains and no change as reports
of delay in U.S.-China signing a partial deal kept investors cautious. Today (as of
Nov 8), Asian markets opened higher on positive overnight U.S.-China trade
developments. Both Nikkei and Hang Seng were trading up 0.86% and 0.14%,
respectively (as at 8.a.m. IST).
European markets traded higher after media reports showed U.S. and China
have agreed to cancel extra tariffs imposed over the months in the long-drawn
trade war.
U.S. markets gained on U.S.-China trade optimism as reports showed both
sides have agreed to cancel some existing tariffs on each other’s goods.
Investors move towards the riskier equities and away from bonds.
Markets for You