Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 Jan 2020
Markets for You
Global Indices
Global Indices 03-Jan Prev_Day Abs. Change
% Change
#
Russell 3000 1,434 1,443 -9 -0.63
Nasdaq 9,021 9,092 -71 -0.79
FTSE 7,622 7,604 18 0.24
Nikkei
[2]
23,657 Closed NA NA
Hang Seng 28,452 28,544 -92 -0.32
Indian Indices 03-Jan Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,465 41,627 -162 -0.39
Nifty 50 12,227 12,282 -56 -0.45
Nifty 100 12,329 12,381 -52 -0.42
Nifty 500 9,942 9,980 -38 -0.38
Nifty Bank 32,069 32,444 -375 -1.15
S&P BSE Power 1,951 1,975 -24 -1.20
S&P BSE Small Cap 13,989 13,985 4 0.03
S&P BSE HC 13,582 13,520 62 0.46
Date P/E Div. Yield P/E Div. Yield
3-Jan 25.92 1.03 28.44 1.23
Month Ago 28.58 1.14 27.95 1.25
Year Ago 23.03 1.19 25.71 1.26
Nifty 50 Top 3 Gainers
Company 03-Jan Prev_Day
% Change
#
Sun Pharma 445 435 2.22
HCL Tech 585 574 2.01
TCS 2201 2158 1.99
Nifty 50 Top 3 Losers Domestic News
Company 03-Jan Prev_Day
% Change
#
Zee Ente. 274 290 -5.49
Asian Paints 1751 1791 -2.19
Bharti Infratel 248 254 -2.17
Advance Decline Ratio
BSE NSE
Advances 1213 879
Declines 1300 973
Unchanged 201 114
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* -525
MF Flows** 256
*3
rd
Jan 2020; **1
st
Jan 2020
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 02 Jan 2020;
[2]
Data as on 30 Dec 2019
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 January 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
Sensex Nifty
4.90%
(Jul-19)
5.00%
(Jun-19)
Quarter Ago
Inflow/Outflow
256
1088
3.28%
(Aug-19)
Indian equity markets fell over tensions in the Middle East. U.S.’ military
strike in Iran killing its most powerful army general led to fears of
retaliation and spiked crude oil prices. The rupee also lost against the U.S.
dollar.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.39% and 0.45%
to close at 41,464.61 and 12,226.65 respectively. S&P BSE MidCap lost
0.45% and S&P BSE SmallCap gained 0.03%.
The overall market breadth on BSE was weak with 1,213 scrips advancing
and 1,300 scrips declining. A total of 201 scrips remained unchanged.
On the BSE sectoral front, S&P BSE IT was the major gainer, up 1.52%
followed by S&P BSE Teck, up 1.12% and S&P BSE Healthcare, up 0.46%.
S&P BSE Power was the major loser, down 1.2% followed by S&P BSE Auto,
down 1.16% and S&P BSE Bankex, down 1.08%.
The Securities and Exchange Board of India (SEBI) is planning to revise fund
categorisation into largecap, midcap and smallcap stocks, media reports
showed. SEBI will do this in in consultation with the mutual fund industry. A
representative of the fund managers has been asked to create a new list as
SEBI wants more stocks to be incorporated under largecaps, midcaps and
smallcaps, the reports showed. An announcement in this regard could be
made by the next week. SEBI had introduced categorisation and
rationalisation of mutual fund schemes in Oct 2017 in order to help
investors make accurate comparisons of schemes.
The Central Board of Direct Taxation (CBDT) has extended the last date for
taxpayers to avail a "one-time" facility to apply for compounding of income
tax offences till Jan 31, 2020, media reports showed. The previous deadline
was Dec 31, 2019. In I-T parlance, compounding means authorities do not
file a prosecution case against the offender or tax evader in court in lieu of
payment of due taxes and surcharges.
A major global bank has said India’s economy could grow two and half times
to $7 trillion by 2030, from about $3 trillion now, media reports showed.
This will make India the world’s third largest economy. This means nominal
GDP growth is likely to average just over 10% through the next decade.
According to media reports, the government could finalize stricter quality
standards for 371 items by Mar 2020. This is mainly aimed at curbing
imports of non-essential items such as toys, plastic goods, sports items and
furniture, especially from China. The proposed rules, to be framed by
ministries in coordination with the Bureau of Indian Standards (BIS), will
also ensure stricter inspection of imports.
Asian equity markets were mixed after tensions heightened in the Middle
East. The U.S. carried out an airstrike in Bagdad that killed a top Iranian
military leader. This pushed crude oil prices up as investors feared
retaliation to U.S.’ action. Today (as of Jan 6), Today (as of Jan 6), Asian
markets opened lower on concerns over escalating trade tensions between
U.S. and Iran. Both Nikkei and Hang Seng were down 1.80% and 0.44%,
respectively (as at 8.a.m. IST).
European markets closed lower as geopolitical tensions heightened after
U.S. airstrikes in Iraq killed a top Iranian military general.
U.S. markets fell after the U.S. confirmed that an airstrike killed Iran’s top
military leader. The attack sent oil prices surging and increased geopolitical
concerns.
Markets for You