Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 Mar 2020
Markets for You
Global Indices
Global Indices 06-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,363 1,385 -22 -1.59
Nasdaq 8,576 8,739 -163 -1.87
FTSE 6,463 6,705 -243 -3.62
Nikkei 20,750 21,329 -579 -2.72
Hang Seng 26,147 26,768 -621 -2.32
Indian Indices 06-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 37,577 38,471 -894 -2.32
Nifty 50 10,989 11,269 -280 -2.48
Nifty 100 11,120 11,398 -278 -2.44
Nifty 500 9,060 9,280 -220 -2.37
Nifty Bank 27,801 28,815 -1,014 -3.52
S&P BSE Power 1,721 1,765 -44 -2.49
S&P BSE Small Cap
13,330 13,591 -262 -1.92
S&P BSE HC 13,968 14,145 -177 -1.25
Date P/E Div. Yield P/E Div. Yield
6-Mar 22.83 1.18 25.01 1.39
Month Ago 24.62 1.03 27.16 1.26
Year Ago 26.98 1.16 27.09 1.22
Nifty 50 Top 3 Gainers
Company 06-Mar Prev_Day
% Change
#
Maruti 6446 6366 1.26
Bajaj Auto 2735 2704 1.16
GAIL 108 107 0.94
Nifty 50 Top 3 Losers Domestic News
Company 06-Mar Prev_Day
% Change
#
Yes Bank 16 37 -56.11
Tata Motors 114 126 -9.18
Zee Ente. 221 238 -7.14
Advance Decline Ratio
BSE NSE
Advances 496 378
Declines 1959 1535
Unchanged 119 82
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 4945
MF Flows** 13831
*6
th
Mar 2020; **5
th
Mar 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.59%
(Jan-20)
1.97%
(Jan-19)
IIP
-0.30%
(Dec-19)
2.50%
(Dec-18)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 March 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
-4.60%
(Sep-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
1124
-2238
4.62%
(Oct-19)
Indian equity markets declined over coronavirus spread in the country and
crisis related to a big private sector bank. The number of people infected
increased, while the Reserve Bank of India took control of the troubled
lender and put a Rs. 50,000 a month withdrawal cap, spooking investors.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 2.32% and 2.48%
to close at 37,576.62 and 10,989.45 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 2.36% and 1.92% respectively.
The overall market breadth on BSE was weak with 496 scrips advancing and
1,959 scrips declining. A total of 119 scrips remained unchanged.
On the BSE sectoral front, all sectors lost. S&P BSE Metal was the major
loser, down 4.4%, followed by S&P BSE Bankex and S&P BSE Finance, down
3.46% and 3.39%, respectively. S&P BSE Energy and S&P BSE Realty lost
3.22% and 3.09% respectively.
The Asian Development Bank said the coronavirus outbreak could cost the
Indian economy between $387 million to $29.9 billion loss of personal
consumption expenditure, media reports showed.
According to media reports, India’s foreign exchange reserves have
increased by $5.42 billion to a lifetime high of $481.54 billion in the week to
Feb 14, 2020. This has come on the back of rise in foreign currency assets,
according to the latest data from the Reserve Bank of India. In the previous
week, the foreign exchange reserves had increased $29 million to $476.12
billion.
The government has sought Parliament approval for an extra Rs. 54,000-
crore spending mainly to meet its obligation towards GST compensation to
states and defence-related expenditure. Minister of State for Finance
presented the second and final batch of supplementary demands for grants
in the Lok Sabha. It sought authorisation for gross additional expenditure of
Rs 4.8 lakh crore.
Media reports showed manufacturing firms in India are on their way to
become digital. The manufacturing companies are planning to make the
most of their investment in big data and predictive analytics in the coming
years. Around 66% of the manufacturing firms voted for big data and
predictive analytics as their top investment priority in the next 1-2 years.
Second on their priority is the investment on Industrial Internet of Things,
sensors, cloud or integrated platforms, and robotic process automation.
However, only 23% of the manufacturing companies have a clear digital
strategy so far.
Asian equity markets fell steeply as the coronavirus speeded up in Europe,
North America and Britain, leading to worries about a hit to global
economic growth. The Asian Development Bank said the outbreak will cut
global growth by 0.1%- 0.4% and will have a significant impact on
developing Asian economies. Today (as of Mar 9), Asian markets opened
lower as oil prices plunged. Both Nikkei and Hang Seng fell 4.63% and
4.22% (as at 8.a.m. IST), respectively.
European markets declined as coronavirus outbreak continues to impact
businesses worldwide. The fall in U.S. Treasury yield has led to recession
fears as the virus spread is threatening global economic growth.
U.S. markets fell as the benchmark 10-year Treasury yield declined below
0.7% for the first time ever. Investors continued to take refuge of safer
assets amid fears that the coronavirus will disrupt global supply chains and
push the economy into a recession.
Markets for You