Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 Dec 2019
Markets for You
Global Indices
Global Indices 16-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,405 1,394 11 0.80
Nasdaq 8,814 8,735 79 0.91
FTSE 7,519 7,353 166 2.25
Nikkei 23,952 24,023 -71 -0.29
Hang Seng 27,508 27,688 -180 -0.65
Indian Indices 16-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,939 41,010 -71 -0.17
Nifty 50 12,054 12,087 -33 -0.27
Nifty 100 12,145 12,183 -38 -0.31
Nifty 500 9,753 9,784 -31 -0.31
Nifty Bank 31,974 32,014 -40 -0.13
S&P BSE Power 1,889 1,889 0 -0.01
S&P BSE Small Cap
13,306 13,333 -27 -0.20
S&P BSE HC 13,380 13,376 4 0.03
Date P/E Div. Yield P/E Div. Yield
16-Dec 28.64 1.13 28.09 1.24
Month Ago 26.77 1.14 27.32 1.26
Year Ago 23.47 1.22 26.14 1.23
Nifty 50 Top 3 Gainers
Company 16-Dec Prev_Day
% Change
#
TCS 2127 2071 2.68
HCL Tech 552 543 1.67
Tech Mahindra 773 762 1.50
Nifty 50 Top 3 Losers Domestic News
Company 16-Dec Prev_Day
% Change
#
Grasim Indus 763 782 -2.45
Adani Ports & SEZ 368 377 -2.28
ITC 237 242 -1.95
Advance Decline Ratio
BSE NSE
Advances 1124 831
Declines 1366 1035
Unchanged 212 109
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 92478
MF Flows** 57021
*16
th
Dec 2019; **13
th
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 13 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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
573
117
3.28%
(Aug-19)
Indian equity markets fell despite touching record highs during the session.
The momentum was lost when government data showed wholesale
inflation increased in Nov 2019. Inflation has been breaching the Reserve
Bank of India’s mid-term target of 4% in the past few months.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.17% and 0.27%
to close at 40,938.72 and 12,053.95 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.46% and 0.2% respectively.
The overall market breadth on BSE was weak with 1,124 scrips advancing
and 1,366 scrips declining. A total of 212 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
3.63%, followed by S&P BSE Auto and S&P BSE Teck, which gained 1.07%
and 0.91%, respectively. S&P BSE Consumer Discretionary Goods & Services
and S&P BSE Consumer Durables gained 0.82% and 0.79%, respectively.
S&P BSE Metal was the major loser, down 1.95%, followed by S&P BSE
Power and S&P BSE Utilities, down 1.3% and 1.03%, respectively. S&P BSE
Oil & Gas and S&P BSE Realty lost 0.86% and 0.82%, respectively.
Government data showed that India’s Wholesale Price Index (WPI) based
inflation increased to 0.58% in Nov 2019 from 0.16% in Oct 2019 and from
4.47% during the same month of the previous year. The WPI Food Index
grew from 7.65% in Oct to 9.02% in Nov. Food inflation increased to
11.08% in Nov from 9.8% in Oct because of rise in price of onions.
International Monetary Fund chief economist has said the government
should undertake structural reforms such as bank clean-up and labour
reforms to address the slowdown in domestic demand.
The government has released about Rs. 35,000 crore to states and Union
Territories as pending compensation under GST. The GST Council is going to
meet on Dec 18, 2019. The Central Board of Indirect Taxes and Customs
said the government has released GST compensation of Rs. 35,298 crore to
States and Union Territories.
The Reserve Bank of India's (RBI) governor has said there is space for
further rate cuts and the central bank will use it when required after
studying growth and inflation data. The monetary policy committee held
rates steady after trimming the key interest rate by 135 basis points since
the beginning of the current rate reduction cycle in Feb 2019.
Asian equity markets were mixed despite the U.S. and China signing a phase
one agreement and release of key Chinese data that beat forecasts.
Chinese industrial production and retail sales increased at the fastest pace
in five months in Nov 2019. Today (as of Dec 17), Asian markets opened
higher on trade optimism as U.S. and China signed a phase one deal. Both
Nikkei and Hang Seng were trading up 0.32% and 0.45%, respectively (as at
8.a.m. IST).
European markets ended higher on trade optimism after the U.S. and China
entered a phase one trade deal. Investors have now become hopeful of a
long-term solution to the problem.
U.S. markets gained on optimism around the U.S.-China phase one pact. The
trade dispute has been stalling global growth and spreading uncertainty,
and now that some progress has been made towards resolving it, markets
are rejoicing.
Markets for You