Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 Jun 2020
Markets for You
Global Indices
Global Indices 05-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,532 1,498 34 2.29
Nasdaq 9,814 9,616 198 2.06
FTSE 6,484 6,341 143 2.25
Nikkei 22,864 22,696 168 0.74
Hang Seng 24,770 24,366 404 1.66
Indian Indices 05-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 34,287 33,981 307 0.90
Nifty 50 10,142 10,029 113 1.13
Nifty 100 10,324 10,198 126 1.24
Nifty 500 8,299 8,186 113 1.39
Nifty Bank 21,035 20,390 644 3.16
S&P BSE Power 1,569 1,532 37 2.41
S&P BSE Small Cap
11,855 11,565 290 2.51
S&P BSE HC 16,159 16,099 60 0.37
Date P/E Div. Yield P/E Div. Yield
5-Jun 21.74 1.11 23.91 1.50
Month Ago 19.56 1.22 23.83 1.59
Year Ago 28.76 1.19 29.73 1.21
Nifty 50 Top 3 Gainers
Company 05-Jun Prev_Day
% Change
#
Tata Motors 111 99 12.44
Bharti Infratel 236 219 7.93
SBI 188 174 7.90
Nifty 50 Top 3 Losers Domestic News
Company 05-Jun Prev_Day
% Change
#
TCS 2048 2092 -2.07
HUL 2088 2121 -1.56
Cipla 651 661 -1.46
Advance Decline Ratio
BSE NSE
Advances 2036 1588
Declines 547 312
Unchanged 134 66
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -19531
MF Flows** 37094
*5
th
Jun 2020; **3
rd
Jun 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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 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
-1200
2624
7.35%
(Dec-19)
Indian equity markets rose with investor sentiments buoyed after a major
state-owned bank posting net profit for the quarter ended Mar 31, 2020.
Metal sector rose on the likelihood of increase in profitability of the firms in
the second half of the current fiscal.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.9% and 1.13%
to close at 34,287.24 and 10,142.15 respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 1.79% and 2.51% respectively.
The overall market breadth on BSE was strong with 2,036 scrips advancing
and 547 scrips declining. A total of 134 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Metal was the major gainer, up 3.86%
followed by S&P BSE Telecom, up 3.55% and S&P BSE Basic Materials, up
3.03%. S&P BSE IT was the major loser, down 0.75% followed by S&P BSE
FMCG, down 0.32%.
According to RBI’s weekly supplement report, currency with the public
stood at over Rs. 25 lakh crore by the week ended May 22, 2020 compared
with Rs 23.5 lakh crore by the week ended Mar 31, when the nationwide
lockdown just started. Data shows people have kept higher cash
considering uncertainty due to the coronavirus pandemic.
According to the survey by RBI, consumer confidence plunged in May 2020
as the current situation index touched historic low while future
expectations index showed a sharp fall and entered the zone of pessimism.
The current situation index dropped from 115.2 in Mar 2020 to 97.9 in May
2020.
The Reserve Bank of India asked the banks to extend the benefit of interest
subvention of 2% and Prompt Repayment Incentive of 3% to farmers for
short-term crop loans up to 3 lakhs to farmers till Aug 31, 2020.
According to the Reserve Bank of India (RBI), India’s foreign exchange
reserves surged by $3.43 billion to touch all-time high of $493.48 billion in
the week ended May 29, 2020 due to rise in core currency assets.
Standard Life, the HDFC Life Insurance joint venture partner, sold 1.98%
stake i.e. around 40 million shares in the life insurance company.
UltraTech Cement has limited its capital spending plans for this fiscal year
to Rs. 1,000 crore amid Covid-19 disruptions, with the "biggest motto" of
the company is to preserve its cash position.
Asian markets went up, led by overall optimism about an economic
rebound from the coronavirus pandemic. However, caution prevailed ahead
of the U.S. employment report for May scheduled later in the day. Today (
as on Jun 8, 2020) Asian markets traded higher after U.S. nonfarm payroll
employment data for May 2020 came better than market expectations.
Both Nikkei and Hang Seng are up 0.78% and 0.36% (as at 8.a.m. IST),
respectively.
European markets witnessed strong buying interest, led by overwhelming
U.S. non-farm payrolls report and after European Central Bank announced a
600-billion-euro expansion of its Pandemic Emergency Purchase
Programme.
U.S. markets surged after report from Labor Department showed that U.S.
employers added an unexpected 2.5 million jobs in May, while the
unemployment rate slid to 13.3%.
Markets for You