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15 Oct 2019
Markets for You
Global Indices
Global Indices 14-Oct Prev_Day Abs. Change
% Change
#
Russell 3000 1,298 1,299 -1 -0.08
Nasdaq 8,049 8,057 -8 -0.10
FTSE 7,213 7,247 -34 -0.46
Nikkei Closed 21,799 NA NA
Hang Seng 26,522 26,308 213 0.81
Indian Indices 14-Oct Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,214 38,127 87 0.23
Nifty 50 11,341 11,305 36 0.32
Nifty 100 11,456 11,413 43 0.37
Nifty 500 9,193 9,161 31 0.34
Nifty Bank 28,182 28,043 139 0.50
S&P BSE Power 1,916 1,920 -4 -0.20
S&P BSE Small Cap
12,788 12,772 16 0.12
S&P BSE HC 12,258 12,152 106 0.87
Date P/E Div. Yield P/E Div. Yield
14-Oct 26.63 1.21 26.20 1.32
Month Ago 26.42 1.23 27.23 1.39
Year Ago 22.52 1.28 25.33 1.28
Nifty 50 Top 3 Gainers
Company 14-Oct Prev_Day
% Change
#
Tata Motors 128 121 5.40
ONGC 135 129 4.84
Bharti Airtel 394 383 2.78
Nifty 50 Top 3 Losers Domestic News
Company 14-Oct Prev_Day
% Change
#
Infosys 786 815 -3.52
Bajaj Finance 3883 3973 -2.26
Power Grid 198 201 -1.29
Advance Decline Ratio
BSE NSE
Advances 1220 919
Declines 1295 914
Unchanged 219 104
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 50660
MF Flows** 55313
*14
th
Oct 2019; **10
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.
15 October 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
-110
-568
3.18%
(Jun-19)
Indian equity markets started the week with mild gains though the start was
shaky. Weak IIP data kept investors on their toes but firm global cues and an
extremely successful debut by the Indian Railway Catering and Tourism
Corporation (IRCTC) at the stock exchange supported sentiment. Investors also
awaited inflation data, due to be released later in the day.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.23% and 0.32%
to close at 38,214.47 and 11,341.15, respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 0.44% and 0.12%, respectively.
The overall market breadth on BSE was weak with 1,220 scrips advancing and
1,295 scrips declining. A total of 219 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 2.24%
followed by S&P BSE Realty, up 1.99% and S&P BSE Auto, up 1.63%. S&P BSE IT
was the major loser, down 0.9% followed by S&P BSE Teck, down 0.5% and
S&P BSE Power, down 0.2%.
Consumer price index-based inflation rate increased to 3.99% in Sep 2019
from an upwardly revised 3.28% in Aug 2019 (3.21% originally reported) and
3.70% in Sep 2018. Inflation of food and beverages surged to 4.70% in Sep
2019 from 2.96% in Aug 2019, for vegetables to 15.40% from 6.90%, meat and
fish to 10.29% from 8.51%, and pulses and products to 8.40% from 6.94%.
Consumer Food Price Index increased to 2.99% in Sep from 2.36% in Aug and
0.29% in Sep 2018.
Government data showed that wholesale price index-based inflation (WPI)
eased to 0.33% in Sep 2019 compared with 1.08% in Aug 2019 and 5.22% in
the same month of the previous year. The rate of inflation for primary articles
eased from 6.43% in Aug to 5.54% in Sep. The rate of inflation for non-food
articles eased from 4.76% in Aug to 2.18% in Sep.
Finance minister said public-sector banks have sufficient liquidity, adding that
efforts are being made to ensure that large corporates release their dues to
micro, small and medium enterprises (MSME) ahead of Diwali. The minister
held a review meeting with heads of public-sector banks and asked them to
provide bill discounting facility to MSMEs against payments due from large
corporates. Around Rs. 40,000 crore is due to the MSME sector according to
returns filed by large corporates, the minister said.
The World Bank has cut its economic growth forecast for India to 6% for FY20
from its Apr 2019 estimate of 7.5%. The bank cited a broad-based and severe
cyclical slowdown. In its South Asian Economic Focus report, the bank said
growth is expected to gradually recover to 6.9% in 2020-21 and to 7.2% in
2021-22. This comes after other multinational institutions and rating firms and
brokerages have cut economic growth estimates for the country.
Hindustan Unilever Ltd’s (HUL) consolidated net profit increased 23.4% to Rs.
1,818 crore in the Jul-Sep 2019 quarter compared with Rs. 1,473 crore in the a
year-ago period. The largest packaged consumer goods maker in India sold
more personal and home care products and benefited from low raw material
costs. Net sales at the company rose 6.07% to Rs. 9,931 crore against Rs. 9,363
crore in the same period last financial year. Raw material costs fell 3.64% YoY
to Rs. 3,331 crore.
Asian equity markets gained after the U.S. and China cracked a "phase one"
trade deal at the end of their talks last week. As a result, the U.S. agreed to
delay tariff hikes planned from Oct 15, 2019. Today (as of Oct 15), Asian
markets opened with caution as overnight doubts emerged about the partial
U.S.-China trade deal. Both Nikkei and Hang Seng were trading up 1.72% and
0.03%, respectively (as at 8.a.m. IST).
European markets went down as a partial deal reached between U.S. and
China looked vague. Under the deal, the U.S. agreed to postpone a hike in
tariffs from 25% to 30% on at least $250 billion of Chinese goods, starting
from Oct 15, 2019. But news appeared that China wants another round of talks
before signing the phase one of the proposed deal.
U.S. markets lost after conflicting news appeared about the partial U.S.-China
trade deal. Media reports showed China wants another round of talks before
signing a pact called by the U.S. President as “a very substantial phase one deal”
between the two countries. U.S. Treasury Secretary said he expects the mid-
Dec round of tariff hikes to take start if no deal is reached between the
countries.
Markets for You