Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 Apr 2020
Markets for You
Global Indices
Global Indices 28-Apr Prev_Day Abs. Change
% Change
#
Russell 3000 1,351 1,368 -17 -1.25
Nasdaq 8,608 8,730 -122 -1.40
FTSE 5,959 5,847 112 1.91
Nikkei 19,771 19,783 -12 -0.06
Hang Seng 24,576 24,280 296 1.22
Indian Indices 28-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 32,115 31,743 371 1.17
Nifty 50 9,381 9,282 99 1.06
Nifty 100 9,545 9,462 83 0.88
Nifty 500 7,672 7,604 69 0.90
Nifty Bank 20,671 20,081 590 2.94
S&P BSE Power 1,433 1,446 -12 -0.86
S&P BSE Small Cap
10,863 10,780 83 0.77
S&P BSE HC 15,398 15,657 -259 -1.65
Date P/E Div. Yield P/E Div. Yield
28-Apr 19.44 1.21 21.00 1.62
Month Ago 18.18 1.47 19.52 1.76
Year Ago 27.91 1.18 29.34 1.12
Nifty 50 Top 3 Gainers
Company 28-Apr Prev_Day
% Change
#
IndusInd Bank 468 407 14.89
Bajaj Finance 2228 2044 9.00
HDFC Ltd. 1716 1591 7.81
Nifty 50 Top 3 Losers Domestic News
Company 28-Apr Prev_Day
% Change
#
Sun Pharma 474 490 -3.26
HCL Tech 471 483 -2.48
Indian Oil 80 82 -2.27
Advance Decline Ratio
BSE NSE
Advances 1284 986
Declines 1085 830
Unchanged 186 121
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -55748
MF Flows** 35450
*28
th
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 27 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 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
-771
7.35%
(Dec-19)
Indian equity markets closed in the green, led by positive cues generated
from better than expected corporate earning numbers reported by one of
the private sector lenders. Additionally, acquisition deal by another private
sector lender contributed to the upside.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.17% and
1.06% to close at 32,114.52 and 9,380.90 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 0.8% and 0.77% respectively.
The overall market breadth on BSE was strong with 1,284 scrips advancing
and 1,085 scrips declining. A total of 186 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Finance was the major gainer, up 3.53%
followed by S&P BSE Bankex, up 2.94% and S&P BSE Consumer Durables,
up 1.82%. S&P BSE Healthcare was the major loser, down 1.65% followed
by S&P BSE Telecom, down 1.4% and S&P BSE FMCG, down 0.94%.
Bombay Stock Exchange (BSE) modified its trading system for the
commodity derivatives after U.S. crude oil futures plunged below zero last
week. The revised system can now accept orders and execute trades at
negative prices. Accordingly, existing versions of trading system APIs ETI
and IML APIs will also support trading activity at negative price levels. The
feature shall be enabled in the simulation environment and will be available
to members and vendors for testing from May 4, 2020 onwards.
The Securities and Exchange Board of India (Sebi) has decided to reduce
broker turnover fees and filing fees on offer documents for public issue,
rights issue and buyback of shares. The broker turnover fee will be reduced
to 50% of the existing fee structure for the period Jun 2020 to Mar 2021 in
order to help investors to tide over challenges due to Covid-19 and boost
market sentiment. The benefit of the above reduction in fees will
automatically be passed on to the investors.
The Asian Development Bank has approved $1.5 billion loan to India. The
fund will help fight against coronavirus pandemic. The loan has been
sanctioned in order to support immediate priorities such as disease
containment and prevention, and social protection for the poor and
economically vulnerable sections.
The finance ministry has established the International Financial Services
Centres Authority (IFSCA), headquartered in Gandhinagar in Gujarat. The
new establishment is a unified authority to regulate all financial services in
the country.
Axis Bank reported a standalone loss of Rs. 1,387.78 crore for the quarter
ended Mar 2020 compared to a profit of Rs. 2,302.99 crore in the same
period of the previous year. The net profit for FY20 stood at Rs. 1,627
crore.
According to media reports, Axis Bank will acquire an additional 29% stake
in Max Life Insurance, thereby raising its total stake in the private life
insurer to 30% after the completion of the deal. Max Financial Services will
hold the remaining 70% in the joint venture.
Asian markets witnessed a mixed trend as gains witnessed amid hopes of
easing in lockdown restrictions was overshadowed to an extent by
weakness in global crude oil prices. Investors remained concerned that
global storage capacity will soon be full as a result of weak demand caused
by the coronavirus pandemic. Today (as on Apr 29), markets traded higher
ahead of U.S. Fed’s monetary policy meeting. Nikkei is closed for a holiday;
Hang Seng traded up 0.85% (as at 8.a.m. IST).
European markets closed in the green with investors taking positive cues
from the latest batch of corporate earning numbers and stabilisation of oil
prices following initial plunge.
U.S. markets gave up its initial gains to close the session in the red.
Continued optimism over gradual reopening of the economy was
overshadowed by caution ahead of U.S. Fed monetary policy decision.
Markets for You