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25 Jun 2020
Markets for You
Global Indices
Global Indices 24-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,519 1,557 -38 -2.45
Nasdaq 9,909 10,131 -222 -2.19
FTSE 6,124 6,320 -196 -3.11
Nikkei 22,534 22,549 -15 -0.07
Hang Seng 24,782 24,907 -126 -0.50
Indian Indices 24-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 34,869 35,430 -561 -1.58
Nifty 50 10,305 10,471 -166 -1.58
Nifty 100 10,500 10,661 -161 -1.51
Nifty 500 8,496 8,621 -125 -1.45
Nifty Bank 21,427 22,265 -838 -3.76
S&P BSE Power 1,613 1,655 -42 -2.53
S&P BSE Small Cap
12,511 12,668 -157 -1.24
S&P BSE HC 16,421 16,816 -396 -2.35
Date P/E Div. Yield P/E Div. Yield
24-Jun 22.41 1.03 25.63 1.48
Month Ago 18.79 1.24 20.97 1.69
Year Ago 28.22 1.20 28.93 1.25
Nifty 50 Top 3 Gainers
Company 24-Jun Prev_Day
% Change
#
Asian Paints 1747 1684 3.76
ITC 192 186 3.23
Hero Moto 2494 2419 3.10
Nifty 50 Top 3 Losers Domestic News
Company 24-Jun Prev_Day
% Change
#
ICICI Bank 348 376 -7.46
IndusInd Bank 482 520 -7.44
Power Grid 179 187 -4.77
Advance Decline Ratio
BSE NSE
Advances 1222 775
Declines 1511 1121
Unchanged 130 73
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -18021
MF Flows** 37947
*24
th
Jun 2020; **18
th
Jun 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-55.49%
(Apr-20)
3.20%
(Apr-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 23 Jun, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 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
2.20%
(Jan-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
783
130
7.35%
(Dec-19)
Indian equity markets slipped ahead of the expiry of futures and options
contracts (F&O) for June series, scheduled on Jun 25. Investors turned
cautious following a surge in the number of coronavirus cases globally.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.58% and 1.58%
to close at 34,868.98 and 10,305.30 respectively.
The overall market breadth on BSE was weak with 1,222 scrips advancing
and 1,511 scrips declining. A total of 130 scrips remained unchanged.
On the BSE sectoral front, S&P BSE FMCG was the only gainer, up 0.28%.
S&P BSE Bankex was the major loser, down 4.08% followed by S&P BSE
Telecom, down 3.12% and S&P BSE Finance, down 2.91%.
The government gave its approval for setting up an infrastructure fund
worth Rs. 15,000 crore in order to provide interest subvention of up to 3%
to private players for setting up dairy, poultry and meat processing units.
The objective of the move is to increase milk production in the country,
create employment and boost exports of the country.
According to information and broadcasting minister, the government has
decided to provide 2% interest subvention to borrowers under the 'Shishu'
category of the flagship Pradhan Mantri MUDRA Yojana. Under the 'Shishu'
category, the government provides collateral free loans of up to Rs. 50,000
crore to beneficiaries.
According to reports, India’s merchandise trade deficit with China in FY20
slipped to $48.66 billion, similar to the level that was seen in FY15. Trade
deficit declined due to weak import demand. However, there are concerns
that China may re-rout its exports through Hong Kong to India in order to
bypass the trade restrictive measures imposed by the Indian government.
According to reports, the Indian government is considering imposing a basic
customs duty of around 20% on solar energy equipment. The objective of
the move is to safeguard the interest of domestic manufacturers and put a
check on imports from China.
India Cements Ltd reported a consolidated net loss of Rs. 11.76 crore for
the quarter ended Mar 2020 as against net profit of Rs. 32.57 crore during
quarter ended Mar 2019. The revenue from operations fell 26.62% to Rs.
1,176.40 crore in the quarter ended mar 2020 as against Rs. 1,603.36 crore
in the year-ago period.
Indian Oil Corporation reported a loss of Rs. 17,318 crore for the quarter
ending Mar 2020 as against Rs. 9,020 crore profit before tax in the same
quarter in FY19. The losses came due to inventory losses and low fuel
demand amid global Covid-19 induced slowdown.
Asian markets largely remained weak following reports of a surge in the
number of coronavirus cases in the U.S. and elsewhere across the world.
Meanwhile, hopes of stimulus measures helped offset concerns to some
extent. Today (as on Jun 25) markets traded lower amid worries over spike
in covid-19 cases globally. While Nikkei is down 0.64%, Hang Seng is closed
due to public holiday (as at 8 AM IST).
European markets fell on worries over rising covid-19 cases worldwide
coupled with growth concerns after the International Monetary Fund
lowered its forecast for the global economy.
U.S. markets slumped as renewed concerns over coronavirus infection
resurfaced after Florida and California reported their single biggest daily
increases in new cases of covid-19.
Markets for You