Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
04 Jun 2020
Markets for You
Global Indices
Global Indices 03-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,514 1,501 13 0.87
Nasdaq 9,683 9,608 75 0.78
FTSE 6,382 6,220 162 2.61
Nikkei 22,614 22,326 288 1.29
Hang Seng 24,326 23,996 330 1.37
Indian Indices 03-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 34,110 33,826 284 0.84
Nifty 50 10,062 9,979 82 0.83
Nifty 100 10,220 10,140 81 0.79
Nifty 500 8,203 8,137 66 0.81
Nifty Bank 20,941 20,530 411 2.00
S&P BSE Power 1,519 1,532 -13 -0.85
S&P BSE Small Cap
11,571 11,428 142 1.24
S&P BSE HC 15,838 15,817 20 0.13
Date P/E Div. Yield P/E Div. Yield
3-Jun 21.75 1.11 23.50 1.51
Month Ago 20.90 1.13 22.35 1.54
Year Ago 28.89 1.18 29.90 1.20
Nifty 50 Top 3 Gainers
Company 03-Jun Prev_Day
% Change
#
M&M 485 463 4.81
Kotak Bank 1387 1343 3.25
Bajaj Finance 2412 2346 2.80
Nifty 50 Top 3 Losers Domestic News
Company 03-Jun Prev_Day
% Change
#
NTPC 95 97 -2.12
Wipro 211 216 -2.08
Bharti Infratel 219 223 -1.90
Advance Decline Ratio
BSE NSE
Advances 1672 1279
Declines 845 586
Unchanged 142 83
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -24317
MF Flows** 38447
*3
rd
Jun 2020; **29
th
May 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-16.70%
(Mar-20)
2.70%
(Mar-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 02 Jun 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
04 June 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
0.40%
(Dec-19)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
141
7890
7.35%
(Dec-19)
Indian equity markets edged higher led by stock specific movements.
Strong buying in the stocks of telecom, pharmaceuticals, automobiles, and
fast-moving consumer goods (FMCG) companies helped the Nifty50 index
to reclaim the key 10,000-mark.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.84% and
0.83% to close at 34,109.54 and 10,061.55 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.31% and 1.24% respectively.
The overall market breadth on BSE was strong with 1,672 scrips advancing
and 845 scrips declining. A total of 142 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Realty was the major gainer, up 3.07%
followed by S&P BSE Bankex, up 2.07% and S&P BSE Finance, up 1.86%. S&P
BSE Telecom was the major loser, down 0.95% followed by S&P BSE Power,
down 0.85% and S&P BSE Teck, down 0.56%.
Survey by the IHS Markit showed, India’s Services Business Activity Index
rose to 12.6 in May 2020 from 5.4 in Apr 2020. Output plunged due to
extended business shutdowns and very weak demand conditions. Also
there was substantial decline in new work intakes by Indian service
providers.
The Cabinet approved the Farming Produce Trade and Commerce
(Promotion and Facilitation) Ordinance, 2020' to ensure barrier free trade
in agriculture produce. The government also approved the Farmers
(Empowerment and Protection) Agreement on Price Assurance and Farm
Services Ordinance, 2020' to empower farmers to engage with processors,
aggregators, wholesalers, large retailers and exporters. This move is likely
to transform the farm sector and help raise farmers' income. Both these
proposals were part of the Rs. 20 lakh crore economic package.
Post the nation-wide lockdown in Mar 2020, Government for the first time
has relaxed the visa and travel restrictions for certain categories of foreign
nationals like businessmen, healthcare professionals and engineers who
need to come to India. However, they will have to obtain fresh visas.
The finance ministry said under the Pradhan Mantri Garib Kalyan Package,
about 42 crore poor people have received financial assistance of Rs. 53,248
crore. The package entails free food grains and cash payment to women,
elderly, farmers and others.
With access to deep technology, business, and marketing resources,
Microsoft has launched a new program to help agritech startups in India
build, scale and grow industry-specific solutions.
Asian markets closed higher, led by optimism over economic recovery and
hopes of more stimulus measures to counter the fallout from the
coronavirus. Nonetheless, the U.S.- China tension continue to weigh on
market sentiments. Today (as on Jun 4) markets traded higher as optimism
over the economic recovery buoyed market sentiments. Both Nikkei and
Hang Seng are up 0.74% and 0.11% (as at 8.a.m. IST), respectively.
European markets went up led by continued optimism over economic
recovery following gradual reopening of business coupled with hopes of
additional support from the European policymakers.
U.S. markets rose as the private sector jobs data for May instilled
confidence among the investors about a quick economic recovery following
easing of the lockdown measures.
Markets for You