Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 Feb 2020
Markets for You
Global Indices
Global Indices 27-Feb Prev_Day Abs. Change
% Change
#
Russell 3000 1,356 1,419 -63 -4.44
Nasdaq 8,566 8,981 -414 -4.61
FTSE 6,796 7,042 -246 -3.49
Nikkei 21,948 22,426 -478 -2.13
Hang Seng 26,779 26,696 82 0.31
Indian Indices 27-Feb Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 39,746 39,889 -143 -0.36
Nifty 50 11,633 11,679 -45 -0.39
Nifty 100 11,747 11,790 -43 -0.37
Nifty 500 9,579 9,623 -43 -0.45
Nifty Bank 30,187 30,307 -120 -0.40
S&P BSE Power 1,771 1,777 -6 -0.35
S&P BSE Small Cap
14,209 14,329 -120 -0.83
S&P BSE HC 13,937 13,909 28 0.20
Date P/E Div. Yield P/E Div. Yield
27-Feb 24.33 1.10 26.48 1.31
Month Ago 25.24 1.03 27.73 1.25
Year Ago 26.15 1.20 26.36 1.25
Nifty 50 Top 3 Gainers
Company 27-Feb Prev_Day
% Change
#
AGC Networks Limited 441 420 5.00
Sun Pharma 389 375 3.68
Bharti Infratel 223 219 1.99
Nifty 50 Top 3 Losers Domestic News
Company 27-Feb Prev_Day
% Change
#
Wipro 232 240 -3.46
JSW Steel 252 261 -3.34
Zee Ente. 244 251 -2.80
Advance Decline Ratio
BSE NSE
Advances 820 589
Declines 1614 1240
Unchanged 155 134
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 17007
MF Flows** 4900
*27
th
Feb 2020; **26
th
Feb 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.59%
(Jan-20)
1.97%
(Jan-19)
IIP
-0.30%
(Dec-19)
2.50%
(Dec-18)
GDP
4.50%
(Sep-19)
7.00%
(Sep-18)
[1]
Data as on 26 Feb 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 February 2020
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
Indian equity markets declined for the fifth consecutive day as weak global
cues and expiry of Feb 2020 series derivative contracts weighed on
sentiment. The spread of the coronavirus to more and more countries has
led to fears of a severe impact on the global economy. The finance minister
said the government is "closely monitoring" the impact of the outbreak on
the economy.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.36% and 0.39%
to close at 39,745.66 and 11,633.30 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.65% and 0.83% respectively.
The overall market breadth on BSE was weak with 820 scrips advancing and
1,614 scrips declining. A total of 155 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Consumer Durables was the major
gainer, up 0.7% followed by S&P BSE Healthcare, up 0.2%. S&P BSE Realty
was the major loser, down 2.09% followed by S&P BSE Oil & Gas, down
1.26% and S&P BSE Metal, down 0.94%.
The Reserve Bank of India may introduce another European Central Bank-
styled facility called Targeted Longer-Term Refinancing Operations to
expand credit to businesses and households, after concluding an ongoing
program to lend $14 billion at the policy rate, media reports showed. A mix
of a Federal Reserve-style ‘Operation Twist’ and the ECB-like cash boost to
banks has led to term spreads the gap between 10-year debt and 364-
day Treasury bill yields shrinking from a decade-high in Dec 2019.
The government has asked banks to clear about 1.18 lakh pending loan
applications under the Prime Minister Employment Generation Programme
(PMEGP) by Mar 15, 2020. The programme promotes self-employment
through setting up of micro enterprises. At a meeting, the MSME minister
and finance minister discussed with senior management of banks the issue
of restructuring of stressed loans to MSMEs, media reports showed.
A private report has showed the shared economy in India could become a
$2 billion industry by the end of the year. Such services attracted about
$3.5 billion worth of private equity, and $262 million in mergers and
acquisitions between 2015-19, the report said. The sector, predominantly
driven by shared mobility, co-working, co-living and furniture rentals, is
pegged to be an about $2 billion industry in the organised-end and growing
in double digits, it said. In 2019, the segment was estimated to be about
$1.5 billion in size in India.
A study has shown the coronavirus outbreak may negatively impact global
growth by 30 basis points or $250 billion. Disruptions in the global supply
chains will not only hit China’s exports but also the exports of the importing
countries as they import a large chunk of raw materials and intermediate
goods from China while exporting to other respective destinations, the
report said.
Asian equity markets were mostly lower as investors panicked about the
coronavirus outbreak turning into a pandemic. The spread of the virus
outside of China has raised concerns over its impact on the supply and
demand chain. Today (as of Feb 28), Asian markets opened lower as
overnight U.S. market entered the correction territory on virus fears. Both
Nikkei and Hang Seng fell 2.77% and 1.98% (as at 8.a.m. IST), respectively.
European markets plunged as the virus outbreak continued to get worse
with Estonia and Denmark reporting their first confirmed cases of
coronavirus and the U.K. also reporting two more cases. One of the indexes
officially entered correction territory as it was down more than 10% from
its record high seen last year.
U.S. markets saw one of their worst declines as investors worried the
coronavirus may be spreading in the U.S. A series of corporate and analyst
warnings on the virus pulled major averages down, bringing them into
correction territory. Wall Street defines correction as down more than 10%
from a recent high.
Markets for You