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13 Dec 2019
Markets for You
Global Indices
Global Indices 12-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,390 1,383 7 0.54
Nasdaq 8,717 8,654 63 0.73
FTSE 7,273 7,216 57 0.79
Nikkei 23,425 23,392 33 0.14
Hang Seng 26,994 26,645 349 1.31
Indian Indices 12-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,582 40,413 169 0.42
Nifty 50 11,972 11,910 62 0.52
Nifty 100 12,066 12,000 66 0.55
Nifty 500 9,691 9,636 55 0.57
Nifty Bank 31,665 31,257 409 1.31
S&P BSE Power 1,876 1,858 18 0.95
S&P BSE Small Cap 13,224 13,147 77 0.59
S&P BSE HC 13,368 13,279 90 0.67
Date P/E Div. Yield P/E Div. Yield
12-Dec 28.59 1.13 27.90 1.25
Month Ago 26.56 1.15 27.52 1.25
Year Ago 23.48 1.21 25.98 1.24
Nifty 50 Top 3 Gainers
Company 12-Dec Prev_Day
% Change
#
Tata Motors 173 162 7.14
Yes Bank 45 43 5.96
Vedanta Limited 144 139 3.97
Nifty 50 Top 3 Losers Domestic News
Company 12-Dec Prev_Day
% Change
#
Infosys 702 721 -2.63
ONGC 126 128 -1.64
HCL Tech 536 544 -1.37
Advance Decline Ratio
BSE NSE
Advances 1369 1081
Declines 1049 744
Unchanged 174 134
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 92975
MF Flows** 52179
*12
th
Dec 2019; **3
rd
Dec 2019
Economic Indicator
YoY(%) Current Year Ago
CPI
5.54%
(Nov-19)
2.33%
(Nov-18)
IIP
-3.80%
(Oct-19)
8.40%
(Oct-18)
GDP
4.50%
(Sep-19)
7.00%
(Sep-18)
[1]
Data as on 11 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
13 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
4.90%
(Jul-19)
5.00%
(Jun-19)
Quarter Ago
Inflow/Outflow
809
384
3.28%
(Aug-19)
Indian equity markets gained after the U.S. Federal Reserve left interest
rates unchanged and hinted there may not be any rate change throughout
2020. Investors also looked forward to the release of key domestic
economic data, scheduled after market hours.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.42% and
0.52% to close at 40,581.71 and 11,971.80 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.69% and 0.59% respectively.
The overall market breadth on BSE was strong with 1,369 scrips advancing
and 1,049 scrips declining. A total of 174 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Metal was the major gainer, up 2.41%
followed by S&P BSE Industrials, up 1.47% and S&P BSE Auto, up 1.32%.
S&P BSE IT was the major loser, down 1.53% followed by S&P BSE Teck,
down 1.41% and S&P BSE Telecom, down 0.65%.
Consumer price index-based inflation rate increased to 5.54% in Nov 2019
from 4.62% in Oct 2019 and 2.33% in Nov 2018. The increase came on
account of rising food prices and the figure is well above the Reserve Bank
of India’s medium target of 4%. Consumer Food Price Index increased to
10.01% in Nov 2019 from 7.89% in Oct 2019 and a decline of 2.61% in the
same period of the previous year.
Government data released showed Index of Industrial Production (IIP)
shrunk 3.8% in Oct 2019 compared with 4.3% in Sep 2019. Manufacturing
and electricity declined 2.1% and 12.2% in Oct 2019, respectively, while the
mining sector contracted 8.0%. From Apr to Oct 2019, IIP growth eased to
0.5% YoY from 5.7% recorded in the corresponding period last year.
A major global rating agency has said it will downgrade India's sovereign
rating if the country's economic growth does not recover, media reports
showed. The agency has maintained its lowest investment grade rating
(BBB) for India. Anything below this could impact India’s benchmark 10-year
bond yields, the reports said.
A major Japanese financial services company has said India's economy could
grow at 4.3% in the Dec 2019 quarter, according to media reports. The
expectation is due to concerns over crisis in the NBFC sector. The Japanese
firm believes that the first quarter of 2020 will see a "weak" uptick in GDP
growth at 4.7%.
Asian equity markets were mixed as investors remained cautious ahead of a
U.S.-China tariff deadline and the British election. Investors are expecting
U.S. and China to reach an understanding so that the start of fresh tariffs on
Chinese imports into the U.S. is delayed. Today (as of Dec 13), Asian markets
opened higher on trade optimism as U.S. and China looked closer to signing
a phase one deal. Both Nikkei and Hang Seng were trading up 2.28% and
1.85%, respectively (as at 8.a.m. IST).
European markets ended higher on trade optimism after the U.S. President
commented that the U.S. was “getting very close to a trade deal with
China.
U.S. markets gained on news reports showing that U.S. and China have
agreed on a phase one trade deal in principle. This would mean the fresh
set of tariffs scheduled to start from Dec 15, 2019, will be squashed.
Markets for You