Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 Jul 2020
Markets for You
Global Indices
Global Indices 07-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,591 1,604 -12 -0.76
Nasdaq 10,344 10,434 -90 -0.86
FTSE 6,190 6,286 -96 -1.53
Nikkei 22,615 22,714 -100 -0.44
Hang Seng 25,976 26,339 -364 -1.38
Indian Indices 07-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 36,675 36,487 187 0.51
Nifty 50 10,800 10,764 36 0.33
Nifty 100 10,958 10,919 39 0.35
Nifty 500 8,850 8,816 35 0.39
Nifty Bank 22,628 22,199 429 1.93
S&P BSE Power 1,612 1,631 -19 -1.14
S&P BSE Small Cap
12,840 12,767 73 0.57
S&P BSE HC 16,280 16,314 -33 -0.20
Date P/E Div. Yield P/E Div. Yield
7-Jul 24.33 1.06 28.22 1.49
Month Ago 21.74 1.11 23.91 1.50
Year Ago 28.62 1.18 29.04 1.24
Nifty 50 Top 3 Gainers
Company 07-Jul Prev_Day
% Change
#
Bajaj Finance 3352 3109 7.82
IndusInd Bank 526 496 6.13
Bajaj Finserv Limited 6590 6285 4.85
Nifty 50 Top 3 Losers Domestic News
Company 07-Jul Prev_Day
% Change
#
Adani Ports & SEZ 346 359 -3.76
NTPC 93 95 -2.78
ITC 194 200 -2.78
Advance Decline Ratio
BSE NSE
Advances 1323 920
Declines 1401 1004
Unchanged 157 64
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -21376
MF Flows** 40106
*7
th
Jul 2020; **3
rd
Jul 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.91%
(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 06 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 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
-815
476
7.35%
(Dec-19)
Indian equity markets rose, led by strong buying in the IT and banking
stocks. Investors keenly awaited the the announcement of the June quarter
(Q1FY20) results of index heavyweights.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.51% and
0.33% to close at 36,674.52 and 10,799.65 respectively.
The overall market breadth on BSE was weak with 1,323 scrips advancing
and 1,401 scrips declining. A total of 157 scrips remained unchanged.
On the BSE sectoral front, S&P BSE IT was the major gainer, up 2.1%
followed by S&P BSE Bankex, up 1.9% and S&P BSE Finance, up 1.73%. S&P
BSE Oil & Gas was the major loser, down 2.42% followed by S&P BSE
Utilities, down 2.28% and S&P BSE Metal, down 1.73%.
According to report from Singapore's banking group DBS, India is expected
to show double-digit contraction during Apr-Jun 2020 quarter due to the
COVID-19 pandemic restriction on economic activities. In the Jan-Mar 2020
quarter, the gross domestic product grew by 3.1%.
According to the Centre for Monitoring Indian Economy, unemployment
rate rose by 0.1% in the week ended Jun 28, 2020 to 8.6% and by 0.3% for
the week ended Jul 3, 2020 to 8.9% following sharp decline from the peak
of 23.5% in May 2020 to 11% in Jun 2020.
The Federation of All India Vyapar Mandal (FAIVM) through a letter has
asked Prime Minister to ban products from China in a calibrated way and
not until alternatives are in place. The trading body also pursued fiscal help
from government to allow traders to buy goods from other nations, rather
than from China.
According to Central Board of Indirect Taxes and Customs (CBIC), by July
15, all customs stations would establish Turant Suvidha Kendras (TSKs),
which would act as the sole physical interface point with customs officers
for physical document submission. In its efforts to make India number top
50 in the 'Ease of Doing Business' ranking of the World Bank, the CBIC
announced last year a reform move-Turant Customs-to ensure timely
clearance of products at air and sea ports.
Asian markets witnessed a mixed trend as concerns over spike in
coronavirus cases in some U.S. states and other parts of the world
neutralised positive vibes generated from further signs of economic
recovery. Today (as on July 08), Asian markets opened mixed Stocks as
concerns around the coronavirus pandemic continue to linger. While Nikkei
was trading down 0.31%, Hang Seng was closed (as at 8.a.m. IST),
respectively.
European markets declined following continued surge in coronavirus cases
in several states across America. Moreover disappointing industrial
production data from Germany and Lowering of economic forecasts by the
European Commission, increased losses.
U.S. markets fell after market participants shifted their focus towards
renewed concerns about the coronavirus pandemic. World Health
Organization officials warned that the death toll from the pandemic may
start to climb again.
Markets for You