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23 Jun 2020
Markets for You
Global Indices
Global Indices 22-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,546 1,529 18 1.15
Nasdaq 10,056 9,946 110 1.11
FTSE 6,245 6,293 -48 -0.76
Nikkei 22,437 22,479 -42 -0.18
Hang Seng 24,511 24,644 -133 -0.54
Indian Indices 22-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 34,911 34,732 180 0.52
Nifty 50 10,311 10,244 67 0.65
Nifty 100 10,494 10,408 87 0.83
Nifty 500 8,486 8,403 83 0.99
Nifty Bank 21,708 21,338 370 1.74
S&P BSE Power 1,588 1,545 43 2.77
S&P BSE Small Cap 12,444 12,277 167 1.36
S&P BSE HC 16,575 16,208 366 2.26
Date P/E Div. Yield P/E Div. Yield
22-Jun 22.48 1.02 25.66 1.48
Month Ago 18.79 1.24 20.97 1.69
Year Ago 27.96 1.22 28.99 1.24
Nifty 50 Top 3 Gainers
Company 22-Jun Prev_Day
% Change
#
Bajaj Auto 2856 2674 6.78
Bajaj Finance 2840 2699 5.25
Bajaj Finserv Limited 6184 5900 4.81
Nifty 50 Top 3 Losers Domestic News
Company 22-Jun Prev_Day
% Change
#
Wipro 218 222 -1.80
GAIL 98 100 -1.21
ONGC 85 86 -1.05
Advance Decline Ratio
BSE NSE
Advances 1858 1376
Declines 898 561
Unchanged 161 77
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -18582
MF Flows** 37947
*22
nd
Jun 2020; **18
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 19 Jun, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 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
Indian equity markets rose as investor sentiments were buoyed by reports
on Drugs Controller General of India's (DCGI) approval to selected pharma
companies to manufacture and market "potential" covid-19 drugs, resulting
in broad-based buying.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.52% and
0.65% to close at 34,911.32 and 10,311.20 respectively.
The overall market breadth on BSE was strong with 1,858 scrips advancing
and 898 scrips declining. A total of 161 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Power was the major gainer, up 2.77%
followed by S&P BSE Metal, up 2.69% and S&P BSE Healthcare, up 2.26%.
S&P BSE IT was the only loser, down 0.35%.
The Ministry of road transport and highways has come out with a draft
document in which it has advocated for deferment of BS-IV norms that is
applicable for construction equipment vehicles, tractors, and harvesters to
Apr 2021. The move comes after the government took into consideration
the crisis bought about by the outbreak of the COVID-19 pandemic across
the country. The proposal is expected to provide some relief to agricultural
and construction equipment manufacturers in the country by easing up
their liquidity issues to some extent.
A major global credit rating agency has downgraded its growth forecasts
for the Indian economy to -3.1% in 2020 from its projection of a growth of
0.2% that it made in Apr 2020. However, the credit rating agency expects
the domestic economy to rebound strongly in 2021 by growing at 6.9%.
According to media reports, the government has refrained from availing
the Ways and Means Advances (WMA) facility since the week ended May 29
which is equivalent to three consecutive weeks. WMA is a temporary short
term borrowing plan for the government and helps the latter tide over a
temporary liquidity mismatch in terms of income and expenditure. The
development comes as the cash flows of the government has improved
significantly in the past few weeks.
The U.S. President indicated that it may come out with an executive order
that seeks to ban on-immigrant visas in the next couple of days. The move is
expected to hurt the Indian IT sector as it will challenge their ability to
complete their projects on time.
Asian markets largely remained low as rising coronavirus cases in the U.S.
and other parts of the world shrunk hopes of a quick economic recovery.
Today (as on Jun 23), markets traded higher with investors taking positive
cues from overnight gains in Wall Street. Both Nikkei and Hang Seng are up
0.86% and 0.85% (as at 8:00 AM IST), respectively.
European markets fell as reports showing increase in coronavirus in the U.S.
and spikes in new cases in several parts across the globe weighed on
investor sentiments.
U.S. markets rose as recent retail sales and employment data exceeded
estimates, helping reinforce hopes of a V-shaped recovery although most
economists urge caution.
Markets for You