Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 Jul 2020
Markets for You
Global Indices
Global Indices 13-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,591 1,624 -33 -2.03
Nasdaq 10,391 10,617 -227 -2.13
FTSE 6,176 6,095 81 1.33
Nikkei 22,785 22,291 494 2.22
Hang Seng 25,772 25,727 45 0.17
Indian Indices 13-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 36,694 36,594 99 0.27
Nifty 50 10,803 10,768 35 0.32
Nifty 100 10,954 10,920 34 0.31
Nifty 500 8,834 8,814 20 0.23
Nifty Bank 22,089 22,398 -309 -1.38
S&P BSE Power 1,560 1,569 -9 -0.58
S&P BSE Small Cap
12,784 12,804 -20 -0.15
S&P BSE HC 16,654 16,571 83 0.50
Date P/E Div. Yield P/E Div. Yield
13-Jul 24.46 1.05 28.36 1.49
Month Ago 21.24 1.11 24.08 1.53
Year Ago 27.85 1.21 28.33 1.29
Nifty 50 Top 3 Gainers
Company 13-Jul Prev_Day
% Change
#
Tech Mahindra 600 569 5.46
HCL Tech 603 582 3.50
Hindalco 169 164 3.39
Nifty 50 Top 3 Losers Domestic News
Company 13-Jul Prev_Day
% Change
#
Bajaj Finance 3235 3314 -2.40
HDFC Bank 1080 1105 -2.25
HDFC Ltd. 1846 1886 -2.14
Advance Decline Ratio
BSE NSE
Advances 1085 779
Declines 1624 1130
Unchanged 167 83
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -21658
MF Flows** 37920
*13
th
Jul 2020; **10
th
Jul 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.09%
(Jun-20)
3.18%
(Jun-19)
IIP
-34.71%
(May-20)
4.50%
(May-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 10 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 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
5.20%
(Feb-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
-7
-934
5.84%
(Mar-20)
Indian equity markets went up, largely led by strong buying in the stocks of
one of the industry behemoths following investment in the conglomerate's
digital arm by a U.S.- based multinational company. Nonetheless, gains were
capped by declines in the banking and financial sectors after a global rating
agency warned of challenging economic and credit environment stemming
from COVID-19 for Indian banks.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.27% and
0.32% to close at 36,693.69 and 10,802.70 respectively.
The overall market breadth on BSE was weak with 1,085 scrips advancing
and 1,624 scrips declining. A total of 167 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Energy was the major gainer, up 2.47%
followed by S&P BSE Telecom, up 1.93% and S&P BSE Teck, up 1.61%. S&P
BSE Realty was the major loser, down 1.52% followed by S&P BSE Finance,
down 1.49% and S&P BSE Bankex, down 1.39%.
India’s consumer price index based inflation rose 6.09% in June, majorly
due to higher prices of food items. Consumer Food price index rose 7.87%
while fuel and light index went up 2.69% in Jun 2020. The inflation figures
are based on data collected from limited markets in view of the restrictions
imposed on account of coronavirus pandemic.
According to IHS Markit India Business Outlook survey results, the business
activity net balance plunged to -30% in Jun 2020 from +26% in Feb 2020.
Business sentiment turned negative for the first time in more than a
decade. Many respondents indicated that the outlook was unusually
uncertain and were unsure of how activity would develop over the coming
12 months.
Tax deducted at source (TDS) levied on large cash withdrawals (2% TDS if
cash withdrawal exceeds Rs 1 crore) can now ascertain by banks and post
offices by entering permanent account number (PAN) of these assesses on
the facility provided by the income tax department. So far, more than
53,000 verification requests have been executed successfully on this
facility.
Managing director of the National High-Speed Rail Corporation said India’s
first bullet train project between Ahmedabad and Mumbai has been able to
acquire almost 60% of the land required for the project. However, meeting
the deadline of Dec 2023 would be concern on the back of the Covid-19
outbreak.
HealthQuad, a venture capital fund for healthcare, has earned Rs. 514 crore
funding that will help it hit 93% of the Rs. 550 crore target fund size.
The Phoenix Mills reported that members of its board have approved the
issuance of bonds, non-convertible debt instruments or other instruments
to raise up to Rs. 1,100 crore.
Asian markets went up as reports of positive data on initial phase of
coronavirus vaccine trials outweighed worries over continued surge in new
coronavirus cases worldwide. Today (as on Jul 14) markets traded lower as
investors remained on side lines ahead of the Chinese trade data for June.
Both Nikkei and Hang Seng are down 0.71% and 0.42% (as at 8:00 AM IST),
respectively.
European markets as investors resorted to buying stocks amid growing
optimism about potential coronavirus vaccines.
U.S. markets closed in the red after witnessing initial strength as California
Governor rolled back the state's reopening following a recent spike in
coronavirus cases.
Markets for You