Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
19 Dec 2019
Markets for You
Global Indices
Global Indices 18-Dec Prev_Day Abs. Change
% Change
#
Russell 3000 1,406 1,405 1 0.07
Nasdaq 8,828 8,823 4 0.05
FTSE 7,541 7,525 15 0.21
Nikkei 23,934 24,066 -132 -0.55
Hang Seng 27,884 27,844 41 0.15
Indian Indices 18-Dec Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,559 41,352 206 0.50
Nifty 50 12,222 12,165 57 0.47
Nifty 100 12,304 12,249 55 0.45
Nifty 500 9,865 9,831 33 0.34
Nifty Bank 32,244 32,140 104 0.32
S&P BSE Power 1,889 1,902 -13 -0.71
S&P BSE Small Cap
13,387 13,394 -7 -0.05
S&P BSE HC 13,446 13,355 92 0.69
Date P/E Div. Yield P/E Div. Yield
18-Dec 29.11 1.11 28.48 1.22
Month Ago 28.03 1.15 27.29 1.26
Year Ago 24.09 1.18 26.39 1.22
Nifty 50 Top 3 Gainers
Company 18-Dec Prev_Day
% Change
#
M&M 523 506 3.32
Sun Pharma 440 429 2.49
JSW Steel 264 259 2.10
Nifty 50 Top 3 Losers Domestic News
Company 18-Dec Prev_Day
% Change
#
Tata Motors 175 180 -3.00
GAIL 117 120 -2.05
Grasim Indus 754 769 -1.90
Advance Decline Ratio
BSE NSE
Advances 1184 856
Declines 1317 966
Unchanged 202 133
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 94560
MF Flows** 57021
*18
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 17 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
19 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
1213
3.28%
(Aug-19)
Indian equity markets yet again touched all-time highs, bolstered by the
U.S.-China trade deal. Investors looked forward to the GST Council’s
meeting, scheduled after market hours. The Reserve Bank of India
governor’s recent comments that there is scope for reducing interest rates
further after taking into consideration growth and inflation data, supported
sentiment.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.5% and 0.47%
to close at 41,558.57 and 12,221.65 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.19% and 0.05% respectively.
The overall market breadth on BSE was weak with 1,184 scrips advancing
and 1,317 scrips declining. A total of 202 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Metal was the major gainer, up 0.84%
followed by S&P BSE Healthcare, up 0.69% and S&P BSE Realty, up 0.65%.
S&P BSE Utilities was the major loser, down 0.84% followed by S&P BSE
Power, down 0.71% and S&P BSE Telecom, down 0.49%.
Media reports showed the GST Council in its 38th meeting decided to leave
rates unchanged. The council voted to tax lotteries under the highest slab
of 28%. This will be implemented across India. It decided to extend the
annual date of GSTR 9 filing to Jan 31, 2020, and waive off late fee for all
taxpayers who have not filed GSTR1 from Jul 2017 to Nov 2019.
The government has earmarked Rs. 436 crore for skilling 4 lakh
professionals. This will be used in futuristic areas like artificial intelligence,
blockchain, and cybersecurity over the next three years, media reports
showed. The ''Future Skills PRIME'' programme will be jointly executed by
the information technology ministry and industry body Nasscom.
According to media reports, some states have suggested to the finance
minister to go for fiscal expansion and ease the deficit target to 4% of GDP.
The fiscal deficit target was cut to 3.3% from an earlier 3.4% in the Jul 2019
Budget for FY20.
RBI governor has said the Reserve Bank of India (RBI) plans to gradually
tighten regulation of non-banking financial companies (NBFCs), media
reports showed. This will be done without causing any harm to the recovery
of the sector. The governor said NBFC regulation is not as strong as banks
and changes are being made to the sector. Among the thing being mulled
are a chief risk officer and a liquidity coverage ratio (LCR) requirement to
take care of asset-liability (ALM) mismatches.
Asian equity markets were mixed over concerns about the possibility of a
no-deal Brexit and data showed Japanese exports declined for the 12th
straight month in Nov 2019. The Japanese data has raised fears of a
contraction in the fourth quarter. Today (as of Dec 19), Asian markets
opened lower as investors awaited Bank of Japan’s interest rate decision at
its meeting. Nikkei was trading down 0.09% and Hang Seng was up 0.08%
(as at 8.a.m. IST).
European markets were mixed as investor became cautious of U.K. Prime
Minister’s resolve to block an extension of European Union trade talks
beyond 2020. This has raised fears of a no-deal or hard Brexit.
U.S. markets were mostly subdued because of a poor earnings report of a
shipping behemoth. However, optimism over trade deal between U.S. and
China restricted further losses.
Markets for You