Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 Jul 2020
Markets for You
Global Indices
Global Indices 28-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,608 1,626 -17 -1.07
Nasdaq 10,402 10,536 -134 -1.27
FTSE 6,129 6,105 24 0.40
Nikkei 22,657 22,716 -58 -0.26
Hang Seng 24,773 24,603 170 0.69
Indian Indices 28-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,493 37,935 558 1.47
Nifty 50 11,301 11,132 169 1.52
Nifty 100 11,388 11,231 157 1.40
Nifty 500 9,142 9,025 117 1.29
Nifty Bank 22,105 21,849 256 1.17
S&P BSE Power 1,555 1,542 13 0.85
S&P BSE Small Cap
12,917 12,840 78 0.61
S&P BSE HC 16,966 16,833 133 0.79
Date P/E Div. Yield P/E Div. Yield
28-Jul 25.68 1.00 29.87 1.49
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 28-Jul Prev_Day
% Change
#
Ultratech Cem 4136 3860 7.16
Tata Motors 106 102 4.67
TCS 2310 2207 4.67
Nifty 50 Top 3 Losers Domestic News
Company 28-Jul Prev_Day
% Change
#
Bharti Infratel 191 194 -1.93
ICICI Bank 352 359 -1.79
Nestle India Limited 17095 17350 -1.47
Advance Decline Ratio
BSE NSE
Advances 1316 930
Declines 1334 939
Unchanged 153 105
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -12265
MF Flows** 32573
*28
th
Jul 2020; **27
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 27 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 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
-333
39
5.84%
(Mar-20)
Indian equity markets edged higher led by robust corporate earnings along
with hopes of fresh stimulus measures by U.S. Federal Reserve which shall
cushion the global impact of renewed coronavirus outbreaks.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.47% and
1.52% to close at 38,492.95 and 11,300.55 respectively.
The overall market breadth on BSE was weak with 1,316 scrips advancing
and 1,334 scrips declining. A total of 153 scrips remained unchanged.
On the BSE sectoral front, all sectors gained. S&P BSE Auto was the major
gainer, up 3.26%, followed by S&P BSE IT and S&P BSE Basic Materials, up
2.54% and 2.41%, respectively. S&P BSE Metal and S&P BSE Teck gained
2.32% and 2.18% respectively.
A survey of micro, small and medium-sized enterprises (MSMEs) conducted
by SKOCH Group in partnership with the Indian Micro , Small and Medium
Enterprises Federation, Bhartiya Vitta Salahkar Samiti, and the Tax Law
Educare Society, found that approximately 25-30 million jobs had been lost
by the end of Jun 2020. Further, by the end of Aug 2020 another 10-15
million jobs can be lost.
The Reserve Bank of India (RBI) has signed a currency swap agreement with
the Central Bank of Sri Lank. As per the agreement, the Central Bank of Sri
Lanka can withdraw U.S. dollar, Euro or Indian Rupee in multiple tranches
up to a maximum of USD 400 million or its equivalent under a currency
swap agreement. The agreement was signed under the SAARC Currency
Swap Framework 2019-22 would be valid till Nov 13, 2022.
According to real estate brokerage firm PropTiger’s latest report 'Real
Insight: Q2 2020’, in Apr-June 2020, housing prices plunged 79% to 19,038
units across eight major cities, as demand was severely affected by the
national lockout to contain the Covid-19 pandemic. Further, sales of
residential properties fell 52% to 88,593 units across eight cities during Jan-
Jun 2020.
According to a report 'India: A reopening gone wrong' by Oxford
Economics, India's GDP growth may decline from late third quarter i.e. Oct-
Dec 2020 of FY21 as the push from the initial reopening fades. The report
further mentions that India’s position is worst in its Asia recovery scorecard,
thus the country is expected to take the longest among major economies
to converge to its pre-coronavirus growth level.
Asian markets witnessed mixed trend as hopes over additional fiscal
stimulus by the U.S. policymaker coupled with the launch of late-stage trials
of experimental COVID-19 vaccines neutralised worries over escalating U.S.-
China tensions and the increase in coronavirus infections from China to
Spain and Germany. Today (as on July 29), Asian markets were mixed as
investors await the U.S. Federal Reserve’s interest rate decision. Both Nikkei
and Hang Seng were trading lower 0.69% and 0.28%, respectively (as at 8
a.m. IST), respectively.
European markets closed on a mixed note with market participants reacting
to news indicating some progress on fresh stimulus efforts in the U.S. and
reports showing surge in coronavirus cases across the world and
reimposition of lockdown measures in several countries.
U.S. markets fell as market participants are tracking on the developments
after Republicans unveiled their version of a new coronavirus relief bill.
Markets for You