Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 Jun 2020
Markets for You
Global Indices
Global Indices 08-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,546 1,532 13 0.86
Nasdaq 9,925 9,814 111 1.13
FTSE 6,473 6,484 -12 -0.18
Nikkei 23,178 22,864 314 1.38
Hang Seng 24,777 24,770 6 0.03
Indian Indices 08-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 34,371 34,287 83 0.24
Nifty 50 10,167 10,142 25 0.25
Nifty 100 10,347 10,324 23 0.22
Nifty 500 8,324 8,299 25 0.30
Nifty Bank 21,187 21,035 153 0.73
S&P BSE Power 1,570 1,569 1 0.04
S&P BSE Small Cap
11,965 11,855 110 0.93
S&P BSE HC 16,015 16,159 -144 -0.89
Date P/E Div. Yield P/E Div. Yield
8-Jun 21.68 1.10 23.97 1.50
Month Ago 19.77 1.20 21.28 1.64
Year Ago 28.16 1.21 29.36 1.23
Nifty 50 Top 3 Gainers
Company 08-Jun Prev_Day
% Change
#
GAIL 105 98 7.05
IndusInd Bank 452 422 6.93
BPCL 394 370 6.63
Nifty 50 Top 3 Losers Domestic News
Company 08-Jun Prev_Day
% Change
#
Zee Ente. 197 206 -4.44
Shree Cements Limited 21181 22090 -4.11
Eicher Motors 16895 17495 -3.43
Advance Decline Ratio
BSE NSE
Advances 1809 1301
Declines 862 607
Unchanged 155 79
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -19522
MF Flows** 37094
*8
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)
[1]
Data as on 05 Jun, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 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
10
7.35%
(Dec-19)
Indian equity markets edged higher, led by strong buying in oil & gas and IT
sectors. Initially, investors cheered government’s move to open places of
worship, malls and restaurants. However, profit booking towards session
end erased most of the gains.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.24% and
0.25% to close at 34,370.58 and 10,167.45 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.23% and 0.93% respectively.
The overall market breadth on BSE was strong with 1,809 scrips advancing
and 862 scrips declining. A total of 155 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up
2.79% followed by S&P BSE IT, up 1.69% and S&P BSE Teck, up 1.28%. S&P
BSE Basic Materials was the major loser, down 0.9% followed by S&P BSE
Healthcare, down 0.89% and S&P BSE Metal, down 0.56%.
National Commodity & Derivatives Exchange (NCDEX) along with Skymet
has planned to launch two weather-sensitive indices ‘Weather Index’ and
‘Rain Index’ on 9th Jun 2020 with base values set at ‘zero’. Although the
composite Weather Index is going to be seasonal, the Rain Index will display
daily value variations, based on the real countrywide rainfall and the long
seasonal variations from the same date last year.
As per media reports, foreign institutional investors (FII) invested Rs. 23,000
crore ($3 billion) in the last seven days as against outflow of Rs. 58,600
crore in Mar 2020 and Rs. 4,100 crore in Apr 2020. India witnessed more
purchases than in South Korea and Taiwan, which received $345.3 million
and $853 million, respectively, whereas Japan witnessed outflow of $352
million. FII in India rebounded as the pump-priming of the U.S. Federal
Reserve and the gradual reopening of the economy sparked interest in
riskier assets.
According to a global rating agency, air passenger demand across the world
will remain weak in 2021 and will not see significant recovery before 2023.
Health issues, changes in corporate travel policies, possible limits on foreign
arrivals and lower discretionary expenditure due to weaker GDP and higher
unemployment will limit air passenger demand into 2022.
As per media reports, India is proposing a new form of alternative
investment fund focused on purchasing troubled assets from banks and
shadow lenders, a development that aims to address some of the world's
highest bad debt. Thus, the fund will be allowed to buy stressed assets
directly from the banks and non-banking financial companies. Currently,
investors can access bad loans only through securities issued by asset
reconstruction companies, but the new fund category will allow them to do
so directly.
Asian markets closed higher as investors continued to take positive cues
from U.S. non-farm payroll data for May 2020, which helped them to
overcome concerns over U.S.- China trade concern. Today (as on Jun 9),
markets traded mixed tracking cues from U.S. and European markets.
While, Nikkei traded down 0.81%, Hang Seng is up 0.34% (as at 8.a.m. IST).
European markets fell as investors remained on side lines and tracked
developments on the widespread protests across the world following the
killing of unarmed man in police custody in U.S. last month. Data showing a
sharp fall in German industrial production in Apr weighed as well.
U.S. markets extended rally on optimism over speedy economic recovery as
businesses begin to re-open following the coronavirus lockdown.
Markets for You