Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 Apr 2020
Markets for You
Global Indices
Global Indices 16-Apr Prev_Day Abs. Change
% Change
#
Russell 3000 1,333 1,317 16 1.18
Nasdaq 8,532 8,393 139 1.66
FTSE 5,628 5,598 31 0.55
Nikkei 19,290 19,550 -260 -1.33
Hang Seng 24,006 24,145 -139 -0.58
Indian Indices 16-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 30,603 30,380 223 0.73
Nifty 50 8,993 8,925 68 0.76
Nifty 100 9,197 9,128 69 0.75
Nifty 500 7,412 7,344 68 0.93
Nifty Bank 19,400 19,057 343 1.80
S&P BSE Power 1,482 1,441 41 2.85
S&P BSE Small Cap
10,544 10,367 177 1.71
S&P BSE HC 14,994 14,758 236 1.60
Date P/E Div. Yield P/E Div. Yield
16-Apr 18.35 1.42 20.25 1.69
Month Ago 19.00 1.40 20.93 1.66
Year Ago 28.32 1.11 29.42 1.12
Nifty 50 Top 3 Gainers
Company 16-Apr Prev_Day
% Change
#
NTPC 95 90 5.78
Vedanta Limited 83 79 5.22
Hindalco 121 115 4.74
Nifty 50 Top 3 Losers Domestic News
Company 16-Apr Prev_Day
% Change
#
HCL Tech 460 479 -3.97
Tech Mahindra 518 539 -3.90
Kotak Bank 1131 1174 -3.66
Advance Decline Ratio
BSE NSE
Advances 1602 1341
Declines 779 488
Unchanged 147 120
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -49248
MF Flows** 35848
*16
th
Apr 2020; **13
th
Apr 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.91%
(Mar-20)
2.86%
(Mar-19)
IIP
4.50%
(Feb-20)
0.20%
(Feb-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 15 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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
Sensex
Nifty
2.10%
(Nov-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
-790
909
7.35%
(Dec-19)
Indian equity markets managed to end the session in the green with
investor sentiments boosted by expectations that the government shall
work on a fiscal package to counter the negative impact of COVID-19.
Buying interest found additional support as an increasing number of
European countries cautiously started to ease lockdown.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.73% and
0.76% to close at 30,602.61 and 8,992.80 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 1.42% and 1.71% respectively.
The overall market breadth on BSE was strong with 1,602 scrips advancing
and 779 scrips declining. A total of 147 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Power was the major gainer, up 2.85%
followed by S&P BSE Utilities, up 2.76% and S&P BSE Capital Goods, up
2.27%. S&P BSE IT was the major loser, down 1.77% followed by S&P BSE
Teck, down 1.71% and S&P BSE Telecom, down 1.67%.
Data from Reserve Bank of India showed that overseas investment by
Indian companies grew 12% in Mar 2020 to $2,675.19 million in Mar 2020
from $2,386.07 million in the previous month. However, overseas
investment fell 35% compared to the same period of the previous year.
Total overseas equity investment by Indian companies plunged 70% in Mar
2020 from the same period of the previous year.
Capital market regulator Securities and Exchange Board of India (SEBI)
eased compliance norms regarding processing of demat request and KYC
application for depository participants, stock brokers and share transfer
agents. The relaxation has been given till May 3, 2020. Under the new
norms, the demat request form by issuer or registrar of share transfer
agent (RTA) needs to be processed within fifteen days, while the same for
depository participants needs to be processed within seven days. Also, the
necessary supporting documents of the client needs to be uploaded on the
system of KRA (KYC registration agency) within ten working days.
According to the Finance Minister, the Indian government has disbursed
$3.9 billion as financial assistance to more than 320 million people in a
couple of weeks amid the ongoing COVID-19 pandemic. The government
laid special emphasis on direct benefit transfer in order to minimize the
exposure of beneficiaries to public places.
According to the Agriculture Minister, the foodgrain production for 2020-
21 crop year has been set at 298.3 millionn tonnes. This is higher by 2%
from the record output achieved in the current crop year. The projection
comes on hopes of a normal monsoon which augurs well for the agriculture
sector and the rain-fed kharif crops.
Infrastructure Leasing and Financial Services (IL&FS) announced that it has
sold its 100% stake in IL&FS Wind Power Services Ltd (IWPSL) to Japan-
based ORIX Corporation for Rs. 6.05 crore.
According to the CEO of Google, the company will slowdown the hiring for
the remaining of year 2020. This is one of the company’s cost-cutting
measures.
Most of the Asian markets closed in the red as weak earnings and economic
data from the U.S. raised concerns over a severe U.S. economic downturn.
Today (as on Apr 17), markets traded higher ahead of the release of major
Chinese economic data. Both Nikkei and Hang Seng are up 2.50% and
1.88%, respectively (as at 8.a.m. IST).
Most of the European markets closed higher as increasing number of
European countries have cautiously started to ease restrictive measures on
public life and businesses owing to coronavirus pandemic.
U.S. markets closed in the green ahead of the President’s announcements
on the guidelines for states on reopening the country, scheduled later
during the day. Meanwhile, a U.S. based bio-technology company reported
that its drug is showing effectiveness in treating the coronavirus, which
further boosted market sentiments.
Markets for You