Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
01 Apr 2020
Markets for You
Global Indices
Global Indices 31-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,211 1,227 -16 -1.29
Nasdaq 7,700 7,774 -74 -0.95
FTSE 5,672 5,564 108 1.95
Nikkei 18,917 19,085 -168 -0.88
Hang Seng 23,603 23,175 428 1.85
Indian Indices 31-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 29,468 28,440 1,028 3.62
Nifty 50 8,598 8,281 317 3.82
Nifty 100 8,731 8,405 326 3.88
Nifty 500 6,997 6,749 248 3.67
Nifty Bank 19,144 18,782 362 1.93
S&P BSE Power 1,378 1,345 33 2.46
S&P BSE Small Cap
9,609 9,331 278 2.98
S&P BSE HC 12,149 11,753 395 3.36
Date P/E Div. Yield P/E Div. Yield
31-Mar 17.81 1.47 19.38 1.77
Month Ago 23.21 1.15 25.49 1.36
Year Ago 28.04 1.13 29.01 1.13
Nifty 50 Top 3 Gainers
Company 31-Mar Prev_Day
% Change
#
BPCL 317 275 15.34
Britannia Industries Limited 2689 2474 8.70
RIL 1114 1030 8.08
Nifty 50 Top 3 Losers Domestic News
Company 31-Mar Prev_Day
% Change
#
IndusInd Bank 351 413 -15.02
HDFC Bank 862 904 -4.70
Cipla 423 432 -2.06
Advance Decline Ratio
BSE NSE
Advances 1502 1341
Declines 789 497
Unchanged 161 107
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -48030
MF Flows** 36990
*31
st
Mar 2020; **27
th
Mar 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.58%
(Feb-20)
2.57%
(Feb-19)
IIP
2.00%
(Jan-20)
1.60%
(Jan-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 30 Mar 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
01 April 2020
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
Indian equity markets gained on upbeat factory data from China as it raised
hopes of a rebound in activity. This even overshadowed increase in
coronavirus cases in India. Meanwhile, the Reserve Bank of India said it will
open certain specified categories of central government securities to full
foreign investment. The objective of the move is to get India listed on
global bond indices.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 3.62% and
3.82% to close at 29,468.49 and 8,597.75 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 2.49% and 2.98% respectively.
The overall market breadth on BSE was strong with 1,502 scrips advancing
and 789 scrips declining. A total of 161 scrips remained unchanged.
On the BSE sectoral front, all sectors gained. S&P BSE Oil & Gas was the
major gainer, up 8.72%, followed by S&P BSE Energy and S&P BSE FMCG, up
7.84% and 5.75%, respectively. S&P BSE Metal and S&P BSE Basic Materials
gained 5.36% and 4.58% respectively.
Government data showed that the index of eight core industries grew 5.5%
in Feb 20 from 1.4% in the previous month and 2.2% in the same period of
the period of the previous year. The electricity sector witnessed a maximum
growth of 11% followed by the coal sector and cement sector which grew
10.3% and 8.6% respectively. Only the sectors of crude oil, natural gas and
steel witnessed a contraction of 6.4%, 9.6% and 0.4% respectively in Feb
20.
Government data showed that India’s fiscal deficit for the period from Apr
2019 to Feb 2020 stood at RS. 10.36 lakh crore or 135.2% of the budget
estimates of FY20. Revenue receipts stood at Rs. 13.78 lakh crore or 74.5%
of the budget estimate of FY20 while capital expenditure stood at Rs. 3.05
lakh crore or 87.5% of the budget estimates of FY20.
The Reserve Bank of India has decided to open up certain specified
categories of central government securities to full foreign investment. The
objective of the move is to get India listed on global bond indices.
According to the ministry of finance, the interest rates on small savings
schemes for the quarter from Apr to Jun of 2020 has been reduced by up
to 140 basis points. The interest rate on public provident fund scheme has
been reduced to 7.1% from 7.9% while the same on Kisan Vikas Patra has
been lowered to 6.9% from 7.6%. The interest rate on National Savings
Certificate has been reduced by 110 basis points to 6.8% from 7.9%.
According to the Reserve Bank of India, the Indian government will borrow
Rs. 4.88 lakh crore through the issuance of marketable dated securities for
the quarter from Apr to Sep of 2020.
Asian markets witnessed a mixed trend as upbeat economic data from
China and Japan partially offset investor worries about the spread of the
coronavirus. Upbeat Chinese factory activity data and encouraging
industrial production data from Japan raised hopes of an economic
recovery following the coronavirus outbreak. Today (as on Apr 1) markets
traded lower as investors remained cautious ahead of the release of a
private survey of Chinese manufacturing activity in Mar to gauge the
economic impact of the coronavirus outbreak in China. Both Nikkei and
Hang Seng were down 1.44% and 1.27% (as at 8.a.m. IST), respectively.
European markets managed to witness gains even though coronavirus
continues to dominate global market sentiment and governments.
Investors took positive cues from data showing China’s official
manufacturing Purchasing Managers’ Index (PMI) for Mar came in better
than market expectation.
U.S. markets slumped after the President stated that the nation shall
witness tough times in coming two weeks from the rampant coronavirus.
Government officials are projecting between 1,00,000 and 2,40,000 virus
deaths in the U.S.
Markets for You