Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 Dec 2019
Markets for You
Global Indices
Global Indices 02-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,370 1,386 -16 -1.15
Nasdaq 8,568 8,665 -97 -1.13
FTSE 7,286 7,347 -61 -0.82
Nikkei 23,530 23,294 236 1.01
Hang Seng 26,445 26,346 98 0.37
Indian Indices 02-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,802 40,794 8 0.02
Nifty 50 12,048 12,056 -8 -0.07
Nifty 100 12,175 12,183 -7 -0.06
Nifty 500 9,798 9,814 -16 -0.16
Nifty Bank 31,871 31,946 -75 -0.23
S&P BSE Power 1,919 1,925 -6 -0.31
S&P BSE Small Cap
13,508 13,561 -52 -0.39
S&P BSE HC 13,518 13,603 -85 -0.62
Date P/E Div. Yield P/E Div. Yield
2-Dec 28.61 1.13 28.08 1.24
Month Ago 27.33 1.15 27.47 1.26
Year Ago 23.90 1.19 26.31 1.22
Nifty 50 Top 3 Gainers
Company 02-Dec Prev_Day
% Change
#
Bharti Airtel 459 442 3.65
JSW Steel 268 262 2.58
Grasim Indus 807 787 2.57
Nifty 50 Top 3 Losers Domestic News
Company 02-Dec Prev_Day
% Change
#
Yes Bank 64 68 -6.22
Eicher Motors 21713 22881 -5.11
Bharti Infratel 266 276 -3.91
Advance Decline Ratio
BSE NSE
Advances 1024 711
Declines 1532 1134
Unchanged 186 126
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 93031
MF Flows** 50091
*2
nd
Dec 2019; **28
th
Nov 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
4.62%
(Oct-19)
3.38%
(Oct-18)
IIP
-4.30%
(Sep-19)
4.60%
(Sep-18)
GDP
4.50%
(Sep-19)
6.60%
(Sep-18)
[1]
Data as on 29 Nov 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 December 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
1.30%
(Jun-19)
5.00%
(Jun-19)
Quarter Ago
Inflow/Outflow
-123
-751
3.15%
(Jul-19)
Indian equity markets were little changed in a volatile session. GDP data
released after market hours on Nov 29, 2019, showed the Indian economy’s
growth slowed to 4.5% in the second quarter. Investors are looking forward
to the Reserve Bank of India’s policy meet later in the week with
expectations of a further rate cut.
Key benchmark indices S&P BSE Sensex gained 0.02% and Nifty 50 lost
0.07% to close at 40,802.17 and 12,048.20 respectively. S&P BSE MidCap
and S&P BSE SmallCap lost 0.77% and 0.39% respectively.
The overall market breadth on BSE was weak with 1,024 scrips advancing
and 1,532 scrips declining. A total of 186 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
2.64% followed by S&P BSE Energy, up 1.28% and S&P BSE Metal, up 0.31%.
S&P BSE Auto was the major loser, down 0.94% followed by S&P BSE IT,
down 0.85% and S&P BSE Healthcare, down 0.62%.
Nikkei India Manufacturing Purchasing Managers' Index (PMI) rose to 51.2
in Nov 2019 from 50.6 in Oct 2019. Growth was supported by new products
launch and better demand. Though new orders and output rose at a
modest pace, companies cut jobs for the first time in 20 months and
reduced input buying. It remained above the 50-mark threshold that
separates contraction from expansion.
According to a private report, India's growth is expected to remain subdued
in near future. The reason cited by the report is that the slowdown in the
economy has deepened and could remain extended for a longer duration
than previously anticipated.
A major domestic credit rating agency has cut its growth forecast for the
country for FY20 to 5.1% from an earlier estimate of 6.3%. This comes
ahead of Reserve Bank of India’s announcement on lending rates on Dec 5,
2019.
The Comptroller and Auditor General (CAG) has said in a report that the
Railways has recorded an operating ratio of 98.44% in 2017-18, which is the
worst in the previous 10 years. Operating ratio is a measure of expenditure
against revenue, it shows how efficiently the railway is operating and how
healthy its finances are. An operating ratio of 98.44% means that the
Railways spent Rs. 98.44 to earn Rs. 100.
Asian equity markets gained as expectations of an economic recovery in
Japan and China helped overshadow concerns that U.S. support for Hong
Kong may derail the U.S.-China trade talks. Today (as of Dec 3), Asian
markets were lower after the U.S. President’s comments overnight raised
concerns over trade dealings. Both Nikkei and Hang Seng were trading
down 1.11% and 1.24%, respectively (as at 8.a.m. IST).
European markets closed lower after the U.S. President said that he would
reinstate duties on steel and aluminum from Brazil and Argentina. He
accused both the countries of devaluing their currencies and hurting
American farmers.
U.S. markets declined as investors took stock of disappointing
manufacturing data and the latest trade developments. The U.S. President
said China still wants to make a deal on trade, “but we’ll see what happens.
Markets for You