Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 Jul 2020
Markets for You
Global Indices
Global Indices 27-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,626 1,601 24 1.53
Nasdaq 10,536 10,363 173 1.67
FTSE 6,105 6,124 -19 -0.31
Nikkei 22,716 22,752 -36 -0.16
Hang Seng 24,603 24,705 -102 -0.41
Indian Indices 27-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 37,935 38,129 -194 -0.51
Nifty 50 11,132 11,194 -62 -0.56
Nifty 100 11,231 11,298 -66 -0.59
Nifty 500 9,025 9,086 -61 -0.67
Nifty Bank 21,849 22,662 -813 -3.59
S&P BSE Power 1,542 1,556 -14 -0.92
S&P BSE Small Cap
12,840 12,967 -127 -0.98
S&P BSE HC 16,833 17,083 -249 -1.46
Date P/E Div. Yield P/E Div. Yield
27-Jul 25.42 1.02 29.18 1.44
Month Ago 22.62 1.02 26.67 1.54
Year Ago 27.10 1.22 27.73 1.32
Nifty 50 Top 3 Gainers
Company 27-Jul Prev_Day
% Change
#
Asian Paints 1778 1712 3.86
HCL Tech 701 680 3.11
Infosys 948 923 2.77
Nifty 50 Top 3 Losers Domestic News
Company 27-Jul Prev_Day
% Change
#
ICICI Bank 359 382 -6.10
Zee Ente. 145 152 -4.15
HDFC Bank 1080 1119 -3.54
Advance Decline Ratio
BSE NSE
Advances 868 532
Declines 1809 1370
Unchanged 171 79
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -12304
MF Flows** 33524
*27
th
Jul 2020; **23
rd
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 24 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 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
-569
3873
5.84%
(Mar-20)
Indian equity markets slipped with investor sentiments weighed down after
the Reserve Bank of India in the bi-annual Financial Stability Report stated
that gross NPA ratio of banks may increase from 8.5% in Mar 2020 to 12.5%
by March 2021 under the baseline scenario, but it could worsen to as much
as 14.7% under a very severely stressed scenario.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.51% and 0.56%
to close at 37,934.73 and 11,131.80 respectively.
The overall market breadth on BSE was weak with 835 scrips advancing and
1,842 scrips declining. A total of 171 scrips remained unchanged.
On the BSE sectoral front, S&P BSE IT was the major gainer, up 2.38%
followed by S&P BSE Teck, up 1.85% and S&P BSE Metal, up 0.41%. S&P BSE
Bankex was the major loser, down 3.58% followed by S&P BSE Finance,
down 2.45% and S&P BSE Realty, down 1.74%.
According to RBI’s Governor, despite the coronavirus-led gloom, India is
experiencing some dramatic shift and both industry and policymakers need
to make the most of it. The governor identified five emerging trends of the
country boom in the farm sector, renewable energy getting precedence,
growth led by information and communication technology and start-ups,
changes in supply and value chains in both domestic and global and
infrastructure as the force multiplier of growth.
According to the finance ministry, the government declared it had released
Rs. 1.65 lakh crore of Goods and Services Tax (GST) compensation in FY20
while Rs. 95,444 crore was the cess collections. Maharashtra received the
highest compensation at Rs. 19,233 crore followed by Karnataka at Rs.
18,628 crore.
According to a major rating agency, state-owned banks' plans to raise
capital from private investors won't be enough to offset expected risks
unless supported by more government capital support. Many major state
banks have recently announced plans to collect a total of $6 billion from
the stock market in fresh equities.
According to a report by economic think tank Indian Council for Research
on International Economic Relations (ICRIER), an increase in the intensity of
artificial intelligence (AI) units, measured as the ratio of AI investments to
total sales, can result in an immediate 2.5% increase in India's GDP.
Kotak Mahindra Bank reported a 16.41% decline in consolidated pre-tax
profit for the quarter ended Jun 2020 at Rs 2,435 crore from Rs 2,913 crore
in the same period of the previous year. The decline came on account of
increase in provisions due to uncertainty over the COVID-19 pandemic.
According to media reports, Tech Mahindra reported 1.36% rise in
consolidated net profit at Rs. 972.3 crore for the quarter ended Jun 2020 as
compared to a net profit of Rs. 959.30 crore in the same period of the
previous year.
Asian markets witnessed a mixed trend as encouraging data from China,
coupled with hopes of further stimulus measures by policymakers across
the globe to revive the staggering economy neutralised concerns over
simmering U.S.-China tensions. Today (as on July 28), Asian markets rose as
investors continue to watch developments on the coronavirus pandemic
front. Both Nikkei and Hang Seng were trading higher 0.51% and 1.00%,
respectively (as at 8 a.m. IST), respectively.
European markets declined as investors looked ahead to more stimulus
announcements from the U.S. and other governments across the world.
Escalating tensions between U.S.-China and continued uncertainty on trade
discussions between U.K. and the European Union weighed on sentiment.
U.S. markets rose partially on optimism about additional fiscal stimulus
after Treasury Secretary said Republicans have finalized their new
coronavirus relief legislation.
Markets for You