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10 Dec 2019
Markets for You
Global Indices
Global Indices 09-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,379 1,384 -5 -0.37
Nasdaq 8,622 8,657 -35 -0.40
FTSE 7,234 7,240 -6 -0.08
Nikkei 23,431 23,354 76 0.33
Hang Seng 26,495 26,498 -4 -0.01
Indian Indices 09-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,487 40,445 42 0.10
Nifty 50 11,938 11,922 16 0.13
Nifty 100 12,033 12,025 8 0.07
Nifty 500 9,671 9,669 2 0.02
Nifty Bank 31,317 31,342 -25 -0.08
S&P BSE Power 1,872 1,865 7 0.36
S&P BSE Small Cap 13,280 13,339 -59 -0.44
S&P BSE HC 13,322 13,349 -26 -0.20
Date P/E Div. Yield P/E Div. Yield
9-Dec 28.46 1.14 27.82 1.25
Month Ago 27.59 1.15 27.51 1.25
Year Ago 23.31 1.22 25.87 1.24
Nifty 50 Top 3 Gainers
Company 09-Dec Prev_Day
% Change
#
BPCL 500 489 2.28
HDFC Ltd. 2311 2265 2.06
Adani Ports & SEZ 374 366 2.03
Nifty 50 Top 3 Losers Domestic News
Company 09-Dec Prev_Day
% Change
#
TCS 2060 2124 -2.97
Cipla 448 455 -1.66
HCL Tech 552 560 -1.47
Advance Decline Ratio
BSE NSE
Advances 1024 735
Declines 1464 1116
Unchanged 182 117
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 92040
MF Flows** 52179
*9
th
Dec 2019; **3
rd
Dec 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)
7.00%
(Sep-18)
[1]
Data as on 06 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
10 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
809
-74
3.15%
(Jul-19)
Indian equity markets ended flat as investors looked forward to key
economic data, scheduled to be released in the week. Weakening domestic
growth and rising inflationary risks have been keeping investors on their
toes. The fresh set of data could give markets some direction.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.1% and 0.13%
to close at 40,487.43 and 11,937.50 respectively. S&P BSE MidCap gained
0.11% and S&P BSE SmallCap lost 0.44%.
The overall market breadth on BSE was weak with 1,024 scrips advancing
and 1,464 scrips declining. A total of 182 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Energy was the major gainer, up 1.06%
followed by S&P BSE Oil & Gas, up 1.01% and S&P BSE Auto, up 0.75%. S&P
BSE Realty was the major loser, down 1.02% followed by S&P BSE IT, down
1.02% and S&P BSE Teck, down 0.92%.
Media reports showed the government will soon launch a National Policy
on Official Statistics. This is being mulled because of various controversies
related to the alleged suppression of bad news, undermining the credibility
of government data. The Ministry of Statistics and Programme
Implementation (MoSPI) has begun work on a cabinet note on the policy
that seeks to provide “timely and credible social and economic data.”
According to media reports, take home salary of employees in the
organised sector could go up as the government mulls allowing select
sectors to cut monthly statutory deductions on account of employees
provident fund (EPF). This will lower the retirement saving corpus of
workers in the long term. The change of rules, which will be made part of
the Social Security Code bill 2019, will be tabled in Parliament in the week.
It could allow employees to pay less than the current 12% statutory
contribution. The employer contribution will remain at 12%.
The government has announced that for the fourth tranche to be
transferred to beneficiaries under the PM Kisan income support scheme,
their bank accounts need to be linked with Aadhaar. The first three
tranches went out without this step of authentication, media reports
showed.
The Reserve Bank of India (RBI) has tightened rules for asset reconstruction
companies (ARCs). RBI has restricted them from buying financial assets
from their sponsor firms and lenders on a bilateral basis. However, the
central bank has allowed ARCs to participate in auctions of such assets.
Asian equity markets ended mostly higher on trade optimism although
some of it was dented by concerns that the matter could take a turn for the
worse. The reason was a top White House economic adviser saying a Dec 15
deadline to impose a new round of U.S. tariffs on Chinese consumer goods
isstillinplace.Today(asofDec10),Asianmarketsopeneddownas
investors await the release of Chinese inflation data. Both Nikkei and Hang
Seng were trading down 0.20% and 0.30%, respectively (as at 8.a.m. IST).
European markets closed lower as weak Chinese export data for the fourth
straight month showed the bad impact the prolonged trade war is having
on the nation. Also, the phase one deal is yet to take shape while the Dec 15
date draws closer.
U.S. markets lost after investors turned cautious as Dec 15 draws closer. On
the date, fresh set of tariffs will start on Chinese imports into the U.S.
unless a deal is cracked between the two nations.
Markets for You