Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 Jun 2020
Markets for You
Global Indices
Global Indices 17-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,530 1,529 1 0.04
Nasdaq 9,911 9,896 15 0.15
FTSE 6,253 6,243 10 0.17
Nikkei 22,456 22,582 -126 -0.56
Hang Seng 24,481 24,344 137 0.56
Indian Indices 17-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 33,508 33,605 -97 -0.29
Nifty 50 9,881 9,914 -33 -0.33
Nifty 100 10,070 10,097 -28 -0.27
Nifty 500 8,140 8,152 -12 -0.15
Nifty Bank 20,202 20,297 -95 -0.47
S&P BSE Power 1,483 1,499 -16 -1.05
S&P BSE Small Cap
11,934 11,850 84 0.71
S&P BSE HC 16,185 16,135 50 0.31
Date P/E Div. Yield P/E Div. Yield
17-Jun 21.21 1.10 24.59 1.54
Month Ago 19.20 1.22 20.98 1.67
Year Ago 27.75 1.23 28.87 1.25
Nifty 50 Top 3 Gainers
Company 17-Jun Prev_Day
% Change
#
Maruti 5726 5502 4.07
Bharti Airtel 563 545 3.40
Wipro 218 212 2.54
Nifty 50 Top 3 Losers Domestic News
Company 17-Jun Prev_Day
% Change
#
Bharti Infratel 206 216 -4.51
Kotak Bank 1244 1277 -2.58
Shree Cements Limited 21635 22111 -2.15
Advance Decline Ratio
BSE NSE
Advances 1410 1027
Declines 1154 838
Unchanged 156 81
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -21152
MF Flows** 35984
*17
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 16 Jun, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 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
-1479
7.35%
(Dec-19)
Indian equity markets fell with investors maintaining a cautious stance amid
geo-political tensions between India and China at the Ladakh border.
Further rising count of covid-19 cases, both in India and globally, dented
investor sentiment.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.29% and 0.33%
to close at 33,507.92 and 9,881.15 respectively.
The overall market breadth on BSE was strong with 1,410 scrips advancing
and 1,154 scrips declining. A total of 156 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 2.35%
followed by S&P BSE Auto, up 0.77% and S&P BSE Teck, up 0.68%. S&P BSE
Power was the major loser, down 1.05% followed by S&P BSE Utilities,
down 0.84% and S&P BSE Metal, down 0.78%.
According to a circular by the ministry of corporate affairs, government has
allowed a seven month relaxation for filings relating to creation or
modification of charges on debt instruments created on March 1, 2020
under the Companies Act, 2013. This is a major relief to companies that
raised funds via the debt route.
Reserve Bank of India (RBI) central board director expects another fiscal
package towards the end of the second quarter when the spread of
Coronvirus may diminish and that would help demand creation. He also said
that growth stimulus for the economy has to come from internal demand
while supply side measures such as pushing bank loans may have limitations
at this stage.
Based on the recommendations of the 15th Finance Commission, the
finance ministry released Rs. 15,187 crore to 28 states as grants to rural
local bodies. The amount would enable the rural local bodies to fight the
coronavirus pandemic and restart economic activities, ministry added.
Asian Infrastructure Investment Bank has approved $750 million (around
Rs. 5,714 crore) loan (Co-financed with the Asian Development Bank) to
India. The budgetary support will go toward bolstering economic aid for
businesses, including for the informal sector, expanding social safety nets
for the needy, and strengthening the country’s health care systems, the
multilateral agency said.
As per media reports, BNP Paribas has decided to shut down its onshore
wealth management business in India having assets under management of
$14.5 billion. After two decades of life in the country, high costs, rising
losses and declining margins may have prompted BNP to close its domestic
wealth unit.
Bharti Airtel said as part of its Airtel Startup Accelerator Program, it has
acquired 10% stake in Mumbai-based edtech startup, Lattu Media.
Asian markets largely remained positive as nations round the world ramped
up efforts to contain a coronavirus outbreak that has led to widespread
fears of greater contagion. Nonetheless, underlying sentiments remained
weak as International Monetary Fund indicated that it is likely to further
revise economic growth forecasts downwards in its upcoming outlook
update. Today (as on June 18), Asian markets opened lower as investors
continue to weigh the implications of a recent uptick in coronavirus cases.
Both Nikkei and Hang Seng were trading down 1.27%, and 0.87% (as at
8.a.m. IST), respectively.
European markets rose on optimism about economic recovery. However,
gains were restricted as geopolitical concerns and reports about rise in
cases of coronavirus infections weighted.
U.S. markets mostly fell on profit booking as reports showing a rise in new
coronavirus cases and hospitalizations in a number of southern states.
Markets for You