Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 Jul 2020
Markets for You
Global Indices
Global Indices 03-Jul Prev_Day Abs. Change
% Change
#
Russell 3000
[1]
1,572 1,564 8 0.50
Nasdaq
[1]
10,208 10,155 53 0.52
FTSE 6,157 6,240 -83 -1.33
Nikkei 22,306 22,146 161 0.72
Hang Seng 25,373 25,124 249 0.99
Indian Indices 03-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 36,021 35,844 178 0.50
Nifty 50 10,607 10,552 56 0.53
Nifty 100 10,776 10,716 60 0.56
Nifty 500 8,696 8,648 48 0.56
Nifty Bank 21,852 21,953 -101 -0.46
S&P BSE Power 1,607 1,580 27 1.73
S&P BSE Small Cap
12,603 12,543 60 0.47
S&P BSE HC 16,344 16,285 59 0.36
Date P/E Div. Yield P/E Div. Yield
3-Jul 24.19 1.06 27.78 1.51
Month Ago 21.75 1.11 23.50 1.51
Year Ago 28.72 1.18 29.30 1.23
Nifty 50 Top 3 Gainers
Company 03-Jul Prev_Day
% Change
#
Bharti Airtel 581 558 4.12
Adani Ports & SEZ 360 347 3.92
Eicher Motors 18984 18354 3.43
Nifty 50 Top 3 Losers Domestic News
Company 03-Jul Prev_Day
% Change
#
JSW Steel 191 194 -1.80
IndusInd Bank 487 495 -1.54
Tata Steel 330 335 -1.49
Advance Decline Ratio
BSE NSE
Advances 1337 892
Declines 1409 1002
Unchanged 143 84
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -22473
MF Flows** 40006
*3
rd
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 02 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 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
-331
7.35%
(Dec-19)
Indian equity markets settled in the green amid strong buying interest in
one of the industry behemoths after the investment arm of a U.S.
chipmaker decided to pay around$255 million to buy a 0.39% stake in the
digital unit of the industry heavyweight.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.5% and 0.53%
to close at 36,021.42 and 10,607.35 respectively.
The overall market breadth on BSE was weak with 1,337 scrips advancing
and 1,409 scrips declining. A total of 143 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 3.45%
followed by S&P BSE Power, up 1.73% and S&P BSE Capital Goods, up
1.66%. S&P BSE Metal was the major loser, down 0.51% followed by S&P
BSE Bankex, down 0.39% and S&P BSE Finance, down 0.36%.
The IHS Markit Services Business Activity Index rose to 33.7 in Jun 2020
from 12.6 in May 2020. Despite improvement in the index, services activity
contracted for the fourth consecutive month due to poor domestic demand
and low export orders. New orders fell at a sharp pace in Jun 2020.
Direct tax refunds (Refunds, or cash outflow from the income tax
department) dropped 16% YoY to Rs. 64,428 crore in the Jun quarter of
FY21 from Rs. 76,575 crore at end-June 2019. Lesser attendance, caused by
the lockdown have been attributed by tax officials led to a delay in
clearance of large refunds. The Central Board of Direct Taxes (CBDT) said
tax refunds had been issued at a speed of 76 cases per minute between Apr
8 and Jun 30.
Import restrictions from China have been announced by the Ministry of
Power on equipment used for power supply systems and networks amid
security and cyber threats. The ministry said prior permission would be
needed to import from countries on the prior reference list, which includes
China and Pakistan.
According to a ICRA rating agency report, the states' combined market
borrowings as state development loans have doubled to Rs. 1.7 lakh crore
during the Jun first quarter of FY21, on account of expenditure to fight
Covid-19 and lower tax collections due to multiple lockdown extensions.
ICRA said, the gap between state government’s tax collections in the Jun
quarter and the expenditure have widened.
Intel Capital will invest Rs 1,894.50 crore at an equity valuation of Rs. 4.91
trillion and an enterprise valuation of Rs 5.16 trillion for a 0.39% stake in
Reliance Industries' Jio Platforms.
L&T Finance Holdings (LTFH) in its annual report of FY20 said that it plans to
raise up to Rs. 2,000 crore by issuing preference shares through public offer
or private placement.
Asian markets edged higher on the back of growing economic optimism
after a survey showed China's service sector expanded in June on
improving market conditions following the easing of coronavirus related
measures. Both Nikkei and Hang Seng were trading up 0.96%, and 1.32%
(as at 8.a.m. IST), respectively.
European markets closed higher as rising covid-19 cases in the U.S. renewed
fears of another lockdown in several states and dimmed hopes about a
quick economic recovery.
U.S. markets remained closed on Independence Day
Markets for You