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08 Jan 2020
Markets for You
Global Indices
Global Indices 07-Jan Prev_Day Abs. Change
% Change
#
Russell 3000 1,439 1,442 -3 -0.21
Nasdaq 9,069 9,071 -3 -0.03
FTSE 7,574 7,575 -1 -0.02
Nikkei 23,576 23,205 371 1.60
Hang Seng 28,322 28,226 96 0.34
Indian Indices 07-Jan Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 40,869 40,677 193 0.47
Nifty 50 12,053 11,993 60 0.50
Nifty 100 12,155 12,091 64 0.53
Nifty 500 9,805 9,747 58 0.60
Nifty Bank 31,399 31,237 162 0.52
S&P BSE Power 1,937 1,927 11 0.56
S&P BSE Small Cap 13,851 13,715 136 0.99
S&P BSE HC 13,451 13,372 79 0.59
Date P/E Div. Yield P/E Div. Yield
7-Jan 25.68 1.04 28.03 1.25
Month Ago 28.39 1.14 27.78 1.25
Year Ago 23.39 1.17 25.95 1.25
Nifty 50 Top 3 Gainers
Company 07-Jan Prev_Day
% Change
#
Vedanta Limited 156 151 3.62
Zee Ente. 268 262 2.39
Ultratech Cem 4242 4157 2.04
Nifty 50 Top 3 Losers Domestic News
Company 07-Jan Prev_Day
% Change
#
Bharti Infratel 238 243 -1.85
BPCL 461 469 -1.74
Infosys 728 739 -1.48
Advance Decline Ratio
BSE NSE
Advances 1556 1248
Declines 932 578
Unchanged 176 145
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 758
MF Flows** 71
*7
th
Jan 2020; **6
th
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 06 Jan 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 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
-24
-19
3.28%
(Aug-19)
Indian equity markets gained as the concerns around tensions in the Middle
East eased a little. The U.S. killed a top Iranian military general on Jan 3,
2020, and later the U.S. President threatened to impose sanctions on Iraq
amid escalating tensions with Iran. The rift has seen crude oil prices go up
and gold becoming dearer.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.47% and 0.5%
to close at 40,869.47 and 12,052.95 respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 0.65% and 0.99% respectively.
The overall market breadth on BSE was strong with 1,556 scrips advancing
and 932 scrips declining. A total of 176 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Realty was the major gainer, up 1.83%
followed by S&P BSE Basic Materials, up 1.48% and S&P BSE Energy, up
1.02%. S&P BSE Telecom was the major loser, down 0.97% followed by S&P
BSE Teck, down 0.32% and S&P BSE IT, down 0.26%.
The government forecasted the growth in real GDP during FY20 at 5.0% as
compared to the growth rate of 6.8% in the previous fiscal. This will be the
slowest pace of growth of the Indian economy in 11 years. This has fuelled
expectations that the government might adopt additional stimulus
measures to boost the growth prospects of the Indian economy in the
annual budget next month.
The Prime Minister has reached out to India Inc. for its help to revive the
economy, media reports showed. He said, the Indian industry should not let
disappointment linger in it and go ahead with new energy. “Whichever
corner of the country you go to, for your expansion, the Indian government
will walk with you," the Prime Minister added.
Indian foreign minister said the country can learn to imbibe China’s
problem-solving mindset as India evolves from a civilisational society into a
modern nation state. The more that the Indian and Chinese systems deal
with each, a lot of Indians will pick that up, he added.
A major global bank said in its report that markets view the rally in Brent oil
prices, triggered by geopolitical tensions, as a threat to the improvement in
India's FY20 current account deficit, media reports showed. Markets
forecast for a balance of payment surplus.
According to media reports, the ministry of corporate affairs has made it
mandatory for unlisted companies, or private firms, with outstanding loans
of Rs. 100 crore or more to file their financial audit reports for financial year
2020-21 onwards, media reports showed. These companies will have to
conduct a mandatory secretarial audit and submit the findings with the
government.
Asian equity markets rose as the Middle East matter did not see any fresh
escalation. Investors focused on the interim U.S.-China trade deal, which is
set to be signed on Jan 15, 2020, at the White House. Today (as of Jan 8),
Asian markets opened lower on news reports that rockets were fired at an
Iraqi airbase that hosts U.S. troops. Both Nikkei and Hang Seng declined
2.43% and 1.50% (as at 8.a.m. IST), respectively.
Europeanmarketsclosedhigherasinvestorsworstfearsofescalationinthe
Middle East crisis did not come true.
U.S. markets gained reversing initial losses as oil dipped despite rising
geopolitical tensions in the Middle East. The U.S. had killed Iran top general
in an attack last week.
Markets for You