Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 Jun 2020
Markets for You
Global Indices
Global Indices 16-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,529 1,499 30 2.03
Nasdaq 9,896 9,726 170 1.75
FTSE 6,243 6,065 178 2.94
Nikkei 22,582 21,531 1,051 4.88
Hang Seng 24,344 23,777 567 2.39
Indian Indices 16-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 33,605 33,229 376 1.13
Nifty 50 9,914 9,814 100 1.02
Nifty 100 10,097 10,006 92 0.92
Nifty 500 8,152 8,086 66 0.81
Nifty Bank 20,297 19,913 384 1.93
S&P BSE Power 1,499 1,509 -10 -0.66
S&P BSE Small Cap
11,850 11,845 5 0.04
S&P BSE HC 16,135 16,172 -37 -0.23
Date P/E Div. Yield P/E Div. Yield
16-Jun 21.32 1.10 24.31 1.54
Month Ago 19.20 1.22 20.98 1.67
Year Ago 27.98 1.22 29.24 1.23
Nifty 50 Top 3 Gainers
Company 16-Jun Prev_Day
% Change
#
HDFC Bank 990 950 4.27
HDFC Ltd. 1822 1752 4.01
ICICI Bank 343 331 3.58
Nifty 50 Top 3 Losers Domestic News
Company 16-Jun Prev_Day
% Change
#
Tata Motors 95 101 -5.72
Bharti Infratel 216 223 -3.10
Tech Mahindra 533 549 -2.82
Advance Decline Ratio
BSE NSE
Advances 1172 847
Declines 1408 1036
Unchanged 148 65
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -19673
MF Flows** 35984
*16
th
Jun 2020; **12
th
Jun 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-55.50%
(Apr-20)
3.20%
(Apr-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 15 Jun, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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
-18.30%
(Mar-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
1484
-2663
7.35%
(Dec-19)
Indian equity markets closed higher despite renewed signs of geo-political
tension between India and China. Investors took positive cues from U.S.
Fed's expanded bond-buying programme, which led to expectation of
higher foreign fund inflow in the domestic market.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.13% and
1.02% to close at 33,605.22 and 9,914.00 respectively.
The overall market breadth on BSE was weak with 1,172 scrips advancing
and 1,408 scrips declining. A total of 148 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Finance was the major gainer, up 2.39%
followed by S&P BSE Bankex, up 1.95% and S&P BSE Metal, up 1.47%. S&P
BSE Telecom was the major loser, down 1.46% followed by S&P BSE Realty,
down 0.75% and S&P BSE Power, down 0.66%.
According to the survey by the Centre for Monitoring Indian Economy,
India’s employment rate surged 3.3% to 35.7% for the week ended Jun 14,
2020 from 32.4%. The latest weekly rise is the highest jump so far, as
business resumes and people join back the workforce
According to media reports, the gross direct tax collection dropped 31% to
Rs. 1,37,825 crore in the Mar quarter of the 2020. Advance corporation tax
collections plunged 79%. A country-wide lockdown was in place aimed at
restricting the spread of the coronavirus pandemic during the Apr and May
2020.
Under the Rs. 3 lakh crore Emergency Credit Line Guarantee Scheme for the
Micro, Small & Medium Enterprise (MSME) sector, public sector banks have
disbursed Rs. 16,031.39 crore till Jun 12, 2020. MSME sector is adversely
affected due to Covid-19 crisis.
Prime Minister held a meeting with chief ministers and Lt Governors of 21
states and union territories. He said the economy is showing "green shoots"
as the country emerges from the coronavirus lockdown. He asserted that
the fight against the pandemic is a fine example of cooperative federalism
where the Centre and the states are working together.
Mahindra & Mahindra Ltd is expected to come out with a new range of
tractors, produced in partnership with Japan's Mitsubishi, to further
improve its domestic and overseas market position.
Beenext, a venture capital firm based in Singapore, said it has closed two
new funds by raising a total of $160 million. The first $110 million fund,
'Beenext Emerging Asia Fund,' will focus on empowering early-stage
startups and founders in India and South East Asia to accelerate digital
technologies that have led innovation and growth across sectors in the new
normal.
Asian markets rose with investor sentiments buoyed by U.S. Fed expanded
bond-buying programme. The U.S. central bank said it would buy individual
corporate bonds, thereby indicating a broader approach to corporate bond
buying. Today (as on June 17), Asian markets eased as the International
Monetary Fund said the global economy is set to see a more significant
contraction than it previously forecast. Both Nikkei and Hang Seng were
trading down 0.73%, and 0.21% (as at 8.a.m. IST), respectively.
European markets surged as sentiment improved after the U.S. Federal
Reserve expanded its bond-buying program. Also reports that the U.S.
government plans to draw up a huge infrastructure package. News about
discovery of a new drug to treat seriously ill covid-19 patients added to the
gains.
U.S. markets rose after upbeat U.S. retail sales in May 2020, as stores began
to reopen following the coronavirus lockdown. Retail sales surged 17.7% in
May 2020 after falling by a revised 14.7% in Apr 2020.
Markets for You