Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 Apr 2020
Markets for You
Global Indices
Global Indices 23-Apr Prev_Day Abs. Change
% Change
#
Russell 3000 1,330 1,329 0 0.03
Nasdaq 8,495 8,495 -1 -0.01
FTSE 5,827 5,771 56 0.97
Nikkei 19,429 19,138 291 1.52
Hang Seng 23,977 23,893 84 0.35
Indian Indices 23-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,863 31,380 484 1.54
Nifty 50 9,314 9,187 127 1.38
Nifty 100 9,487 9,372 114 1.22
Nifty 500 7,625 7,534 92 1.21
Nifty Bank 20,268 19,702 566 2.87
S&P BSE Power 1,469 1,487 -18 -1.22
S&P BSE Small Cap
10,785 10,642 143 1.35
S&P BSE HC 15,202 15,127 75 0.50
Date P/E Div. Yield P/E Div. Yield
23-Apr 19.41 1.21 20.84 1.63
Month Ago 15.67 1.72 17.15 2.00
Year Ago 27.49 1.19 28.94 1.14
Nifty 50 Top 3 Gainers
Company 23-Apr Prev_Day
% Change
#
Kotak Bank 1250 1152 8.46
TCS 1878 1770 6.15
Infosys 679 642 5.83
Nifty 50 Top 3 Losers Domestic News
Company 23-Apr Prev_Day
% Change
#
Titan Industries Limited 913 951 -4.08
HUL 2318 2386 -2.88
Shree Cements Limited 18708 19217 -2.65
Advance Decline Ratio
BSE NSE
Advances 1457 1193
Declines 953 650
Unchanged 179 101
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -55335
MF Flows** 35450
*23
rd
Apr 2020; **21
st
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 22 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
359
-791
7.35%
(Dec-19)
Indian equity markets extended gains on the hopes of additional stimulus
package by the government. Nonetheless, uncertainty about lifting the
nation-wide lockdown and business disruptions caused by it kept investors
on tenterhooks.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.54% and
1.38% to close at 31,863.08 and 9,313.90 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 0.9% and 1.35% respectively.
The overall market breadth on BSE was strong with 1,457 scrips advancing
and 953 scrips declining. A total of 179 scrips remained unchanged.
On the BSE sectoral front, S&P BSE IT was the major gainer, up 4.85%
followed by S&P BSE Teck, up 3.93% and S&P BSE Bankex, up 3.39%. S&P
BSE Consumer Durables was the major loser, down 1.43% followed by S&P
BSE FMCG, down 1.31% and S&P BSE Power, down 1.22%.
According to a data released by the Petroleum Planning and Analysis Cell,
India’s crude oil and natural gas production fell 5.5% and 14.38%,
respectively in Mar 2020. Crude oil production during 2019-20 fell 5.95%
YoY to 32.1 million tonne. Similarly, natural gas production fell 5.2% to
31179.96 million metric standard cubic meter (MMSCM).
Central government has put on hold the rise in dearness allowance (DA) at
17% for its 4.8 million employees and 6.5 million pensioners till Jul 1, 2021
due to financial crisis caused by the coronavirus pandemic. The cabinet had
a month ago approved an increase to 21%.
Union minister signalled that industrial activity in the ongoing lockdown will
ease further that within the next 15 days as the country faces dire
economic problems owing to the outbreak of the Covid-19 pandemic.
However, he added that easing in Delhi and Mumbai could be difficult.
According to media reports, government has decided to amend the
insolvency law to suspend up to 1 year provisions that trigger insolvency
proceedings against defaulters. Amendments to the IBC (Insolvency and
Bankruptcy Code) would pave the way for banks to restructure loans.
A global rating agency has lowered Future Retail Ltd’s long-term issuer
credit rating from B- to CCC- due to weakening of its liquidity position amid
extended lockdown in India due to COVID-19.
Alembic Pharmaceuticals reported rise in consolidated net profit by 81% to
Rs. 224.93 crore for the quarter ending Mar 2020 amid robust sales in
international markets. The company had a net profit of Rs. 124 crore for the
corresponding period of the previous fiscal.
Most of the Asian markets closed on a positive note as both U.S. and Mexico
are expected to announce additional stimulus measures to counter the
coronavirus fallout. Meanwhile, Chinese markets retreated amid mounting
economic uncertainty sparked by the coronavirus pandemic. Today (as on
Apr 24) markets largely traded low as overnight media reports raised doubt
over the potential coronavirus treatment. Both Nikkei and Hang Seng are
down 1.02% and 0.52%, respectively (as at 8.a.m. IST).
European markets closed higher as investors took positive cues from the
stabilisation of the global crude oil prices.
Most of the U.S. markets closed lower as investors continued to weigh the
prospects of a potential coronavirus treatment.
Markets for You