Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
31 Mar 2020
Markets for You
Global Indices
Global Indices 30-Mar Prev_Day Abs. Change
% Change
#
Russell 3000 1,227 1,185 41 3.48
Nasdaq 7,774 7,502 272 3.62
FTSE 5,564 5,510 53 0.97
Nikkei 19,085 19,389 -304 -1.57
Hang Seng 23,175 23,484 -309 -1.32
Indian Indices 30-Mar Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 28,440 29,816 -1,375 -4.61
Nifty 50 8,281 8,660 -379 -4.38
Nifty 100 8,405 8,747 -342 -3.91
Nifty 500 6,749 7,003 -254 -3.63
Nifty Bank 18,782 19,969 -1,187 -5.94
S&P BSE Power 1,345 1,366 -21 -1.54
S&P BSE Small Cap
9,331 9,497 -166 -1.75
S&P BSE HC 11,753 11,629 125 1.07
Date P/E Div. Yield P/E Div. Yield
30-Mar 17.19 1.56 18.66 1.84
Month Ago 23.21 1.15 25.49 1.36
Year Ago 28.04 1.13 29.01 1.13
Nifty 50 Top 3 Gainers
Company 30-Mar Prev_Day
% Change
#
Cipla 432 408 5.91
Tech Mahindra 527 504 4.50
Nestle India Limited 15659 15109 3.64
Nifty 50 Top 3 Losers Domestic News
Company 30-Mar Prev_Day
% Change
#
Bajaj Finance 2242 2542 -11.81
HDFC Ltd. 1559 1754 -11.13
Tata Steel 254 277 -8.37
Advance Decline Ratio
BSE NSE
Advances 881 667
Declines 1392 1171
Unchanged 180 121
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -44406
MF Flows** 35636
*30
th
Mar 2020; **26
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 27 Mar 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
31 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
-1252
1029
5.54%
(Nov-19)
Indian equity markets declined as global cues came in weak with increasing
covid-19 cases worldwide raising concerns a global recession could be
longer and deeper than initially estimated. A couple of major global rating
agencies cut their FY20 GDP forecast for the Indian economy citing deep
impact of the pandemic.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 4.61% and 4.38%
to close at 28,440.32 and 8,281.10 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 2.13% and 1.75% respectively.
The overall market breadth on BSE was weak with 881 scrips advancing and
1,392 scrips declining. A total of 180 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Healthcare was the major gainer, up
1.07% followed by S&P BSE FMCG, up 0.67%. S&P BSE Realty was the major
loser, down 7.01% followed by S&P BSE Finance, down 6.94% and S&P BSE
Bankex, down 5.85%.
Media reports showed the Securities and Exchange Board of India (SEBI)
has asked credit rating agencies not to classify a company as a defaulter if it
misses payments of interest or principal owing to the nationwide 21-day
lockdown.
A major global rating agency has cut its estimate for India's GDP growth for
FY21 to 4.6% due to weaker private consumption and contraction in
investment amid coronavirus outbreak. The growth estimate for FY21
compares with a 4.9% forecast for FY20.
Another major global rating agency has cut its estimate for India's GDP
growth for FY21 to 3.5% from its earlier forecast of 5.2% as it expects the
hit to output from the covid-19 outbreak for the Asia-Pacific region to be as
large as the financial crisis in Asia during 1997-98.
Media reports showed the government has decided to extend the benefit
of 2% interest subvention (IS) to banks and 3%prompt repayment incentive
(PRI) to all farmers up to May 31, 2020, for all crop loans up to Rs. 3 lakh
given by banks which have become due or are becoming due between Mar
1, 2020, and May 31, 2020. This will help farmers repay such loans up to the
extended period at an annual interest of 4% without any penalty.
Asian equity markets were mostly down on fears that the global economy
has entered recession mode because of the pandemic. IMF chief said the
coronavirus pandemic has driven the global economy into a downturn that
will require massive funding to help developing nations. Total infections
globally have crossed 700,000 and the death toll is more than 30,000.
Today (as of Mar 31), Asian markets opened higher as European and U.S.
markets gained in their previous sessions. Both Nikkei and Hang Seng were
up 0.65% and 1.89% (as at 8.a.m. IST), respectively.
European markets gained as investors took stock of the spread of
coronavirus.
U.S. markets gained as the administration adopted a more practical
approach towards handling the coronavirus pandemic and extended the
social distancing guidelines to Apr 30, 2020.
Markets for You