Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 Mar 2020
Markets for You
Global Indices
Global Indices 20-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,074 1,121 -47 -4.15
Nasdaq 6,880 7,151 -271 -3.79
FTSE 5,191 5,152 39 0.76
Nikkei
[1]
16,553 16,727 -174 -1.04
Hang Seng 22,805 21,709 1,096 5.05
Indian Indices 20-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 29,916 28,288 1,628 5.75
Nifty 50 8,745 8,263 482 5.83
Nifty 100 8,852 8,389 463 5.52
Nifty 500 7,160 6,807 353 5.18
Nifty Bank 20,318 20,084 234 1.17
S&P BSE Power 1,398 1,333 66 4.94
S&P BSE Small Cap
10,113 9,722 391 4.03
S&P BSE HC 11,992 11,397 595 5.22
Date P/E Div. Yield P/E Div. Yield
20-Mar 18.18 1.48 19.72 1.74
Month Ago 25.11 1.04 27.50 1.26
Year Ago 27.85 1.14 28.24 1.17
Nifty 50 Top 3 Gainers
Company 20-Mar Prev_Day
% Change
#
Bharti Infratel 148 124 19.43
ONGC 72 61 18.51
GAIL 81 69 16.43
Nifty 50 Top 3 Losers Domestic News
Company 20-Mar Prev_Day
% Change
#
HDFC Bank 883 896 -1.42
IndusInd Bank 440 444 -0.83
Adani Ports & SEZ 256 258 -0.75
Advance Decline Ratio
BSE NSE
Advances 1426 1156
Declines 1031 725
Unchanged 148 110
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -35564
MF Flows** 25706
*20
th
Mar 2020; **17
th
Mar 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.58%
(Feb-20)
2.57%
(Feb-19)
IIP
2.00%
(Jan-20)
1.60%
(Jan-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 19 Mar 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 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
-6.60%
(Oct-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
1356
-4582
5.54%
(Nov-19)
Indian equity markets gained on the last day of an otherwise tough week.
Gains came on the back of global markets stabilizing somewhat from their
rout as policymakers across the world announced fresh efforts to control
the economic fallout of the coronavirus pandemic.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 5.75% and
5.83% to close at 29,915.96 and 8,745.45 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 4.18% and 4.03% respectively.
The overall market breadth on BSE was strong with 1,426 scrips advancing
and 1,031 scrips declining. A total of 148 scrips remained unchanged.
On the BSE sectoral front, all sectors gained. S&P BSE Energy was the major
gainer, up 9.96%, followed by S&P BSE Oil & Gas and S&P BSE IT, up 9.05%
and 8.36%, respectively. S&P BSE FMCG and S&P BSE Teck gained 8.11%
and 7.98% respectively.
A prominent global rating agency has cut India's growth forecast to 5.1%
for FY21. It said the coronavirus outbreak is likely to hit business investment
and exports. This is down form the agency’s Dec 2019 forecast of 5.6%. The
agency said the number of people affected by coronavirus will keep rising
in the coming weeks but that the outbreak will remain contained. However,
there are downside risks to this scenario. For 2021-22, it projected India's
growth to be 6.4%.
The Prime Minister has announced to create the ‘Covid-19 economic
response task force’ under the leadership of the finance minister to control
the impact of coronavirus pandemic. He said that the task force will work in
response to the feedback received from various state governments. He also
made an appeal to higher-income people to not cut wages of the staff
working for them, in case they fail to provide services.
According to media reports, retirement fund body the Employees Provident
Fund Organisation has urged its subscribers, including members,
pensioners and employers, to use various online services to avoid visiting
EPFO offices to prevent the community spread of coronavirus.
According to a survey, more 50% of Indian companies see impact on
their operations and nearly 80% have witnessed decline in cash flows in the
wake of Covid-19 outbreak. The pandemic has presented fresh challenges
for the country's economy, causing severe disruptive impact on both
demand and supply sides.
Asian equity markets followed U.S. peers higher as massive relief packages
announced by global central banks and governments helped ease global
recession fears. Today (as of Mar 23), Asian markets opened lower as fears
over the economic impact of the global coronavirus outbreak continue to
weigh heavily on investor sentiment. Both Nikkei and Hang Seng were
down 0.27% and 5.02% (as at 8.a.m. IST), respectively.
European markets gained as central banks and governments around the
globe went all out to mitigating the economic hit from the coronavirus
pandemic.
U.S. markets fell and witnessed one of their worst weeks since 2008 as
investors struggled with mounting fears over the coronavirus’ economic
blow.
Markets for You