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03 Jul 2020
Markets for You
Global Indices
Global Indices 02-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,572 1,564 8 0.50
Nasdaq 10,208 10,155 53 0.52
FTSE 6,240 6,158 82 1.34
Nikkei 22,146 22,122 24 0.11
Hang Seng 25,124 24,427 697 2.85
Indian Indices 02-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 35,844 35,414 429 1.21
Nifty 50 10,552 10,430 122 1.17
Nifty 100 10,716 10,599 117 1.11
Nifty 500 8,648 8,555 93 1.09
Nifty Bank 21,953 21,978 -24 -0.11
S&P BSE Power 1,580 1,559 20 1.31
S&P BSE Small Cap
12,543 12,429 115 0.92
S&P BSE HC 16,285 16,169 116 0.72
Date P/E Div. Yield P/E Div. Yield
2-Jul 23.68 1.08 27.63 1.52
Month Ago 21.63 1.11 23.31 1.53
Year Ago 28.69 1.18 29.28 1.23
Nifty 50 Top 3 Gainers
Company 02-Jul Prev_Day
% Change
#
M&M 530 499 6.16
Hero Moto 2671 2547 4.87
Titan Industries Limited 986 948 4.03
Nifty 50 Top 3 Losers Domestic News
Company 02-Jul Prev_Day
% Change
#
Axis Bank 423 433 -2.32
Vedanta Limited 106 108 -1.21
United Phos 442 447 -1.01
Advance Decline Ratio
BSE NSE
Advances 1696 1116
Declines 1075 742
Unchanged 119 72
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -22141
MF Flows** 40006
*2
nd
Jul 2020; **1
st
Jul 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-55.50%
(Apr-20)
3.20%
(Apr-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 01 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 July 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
2.20%
(Jan-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
758
-1685
7.35%
(Dec-19)
Indian equity markets closed in the green as positive developments in a
coronavirus vaccine trial improved risk sentiment.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.21% and
1.17% to close at 35,843.70 and 10,551.70 respectively.
The overall market breadth on BSE was strong with 1,696 scrips advancing
and 1,075 scrips declining. A total of 119 scrips remained unchanged.
On the BSE sectoral front, S&P BSE IT was the major gainer, up 2.91%
followed by S&P BSE Auto, up 2.83% and S&P BSE Consumer Durables, up
2.73%. S&P BSE Bankex was the only loser, down 0.19%.
According to government data, India's trade deficit with China declined to
$48.66 billion in FY20 from $53.56 billion in FY19 and $63 billion in FY18 on
account of fall in imports. Exports to China stood at $16.6 billion, while
imports aggregated at $65.26 billion. The main imports from China include
clocks and watches, musical instruments, toys, sports goods, furniture,
mattresses, plastics, electrical machinery, electronic equipment, chemicals,
iron and steel items, fertilisers, mineral fuel and metals.
Diesel sales fell 24.7% YoY to 5.5 million tonne (MT) while petrol
consumption dropped 16.7% to 2 MT in Jun 2020. Meanwhile, volumes
remained similar as compared with May 2020. Demand for the aviation
turbine fuel (ATF) plunged 69% YoY to 0.20 MT in the month. Fuel
consumption was at 11.8 million tonnes in Jun 2020, which is 88% of 13.4
million tonnes consumption in Jun 2019.
According to government data, the Mahatma Gandhi National Rural
Employment Guarantee Scheme (MGNREGS) produced 107.82 crore person
days of work in the Jun quarter of 2020, which is 12% higher than 96.49
crore seen in the corresponding period last year.
Government’s free ration scheme in 11 states saw distribution of less than
1% of the allocated foodgrains. States such as Goa and Telangana have
distributed zero foodgrains. Andhra Pradesh, Goa, Gujarat, Jharkhand,
Ladakh, Maharashtra, Meghalaya, Odisha, Sikkim, Tamil Nadu, Telangana
and Tripura are among the states which distributed less than 1 per cent of
the food they lifted, showed the latest data of the Ministry of Consumer
Affairs, Food and Public Distribution.
Axis Bank has received approval from its board members to raise up to Rs.
15,000 crore to increase its capital base through issue of equity shares/
depository receipts or any other instrument or securities.
Tata Power’s board has approved an equity raise from its promoters, Tata
Sons’, for Rs. 2,600 crore through a preferential issue. Pursuant to the
equity issue, Tata Sons’ shareholding will increase from 35.27% to 45.21%.
Asian markets rose on optimism about a potential coronavirus vaccine and
signs that the global economy is emerging from the coronavirus lockdown.
Today (as on Jul 3), markets traded higher after encouraging U.S. non-farm
payroll data raised optimism over the prospects of an economic recovery
from the coronavirus pandemic. Both Nikkei and Hang Seng are up 0.55%
and 0.32% (as at 8:00 AM IST), respectively.
European markets went up amid continued optimism over potential
coronavirus vaccine, and on encouraging economic data from across the
globe.
U.S. markets rose after non-farm payroll data showed another record spike
in employment in June. The data added to optimism about an economic
recovery.
Markets for You