Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 May 2020
Markets for You
Global Indices
Global Indices 04-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,363 1,350 13 0.94
Nasdaq 8,711 8,605 106 1.23
FTSE 5,754 5,763 -9 -0.16
Nikkei
[1]
19,619 20,194 -574 -2.84
Hang Seng 23,614 24,644 -1,030 -4.18
Indian Indices 04-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,715 33,718 -2,002 -5.94
Nifty 50 9,294 9,860 -566 -5.74
Nifty 100 9,454 10,007 -553 -5.52
Nifty 500 7,597 8,013 -416 -5.19
Nifty Bank 19,744 21,535 -1,791 -8.32
S&P BSE Power 1,447 1,491 -44 -2.92
S&P BSE Small Cap
10,754 11,102 -348 -3.14
S&P BSE HC 15,365 15,332 33 0.21
Date P/E Div. Yield P/E Div. Yield
4-May 19.77 1.21 21.39 1.64
Month Ago 16.79 1.57 18.22 1.88
Year Ago 28.86 1.18 29.24 1.12
Nifty 50 Top 3 Gainers
Company 04-May Prev_Day
% Change
#
Cipla 612 590 3.77
Bharti Airtel 533 514 3.54
Sun Pharma 465 464 0.22
Nifty 50 Top 3 Losers Domestic News
Company 04-May Prev_Day
% Change
#
ICICI Bank 338 380 -11.07
Hindalco 116 130 -10.98
Vedanta Limited 80 90 -10.72
Advance Decline Ratio
BSE NSE
Advances 554 412
Declines 1865 1439
Unchanged 178 117
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -52141
MF Flows** 34458
*4
th
May 2020; **29
th
Apr 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.91%
(Mar-20)
2.86%
(Mar-19)
IIP
4.50%
(Feb-20)
0.20%
(Feb-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 01 May 2020;
[2]
Data as on 30 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 May 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
2.10%
(Nov-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
-413
2773
7.35%
(Dec-19)
Indian equity markets closed in the red following renewed concerns over
U.S.- China tension as media reports stated that U.S. intelligence documents
accused China of concealing the severity of the coronavirus outbreak to
hoard medical supplies. Back home, another extension of the nation-wide
lockdown weighed on investor sentiment.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 5.94% and 5.74%
to close at 31,715.35 and 9,293.50 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 4.25% and 3.14% respectively.
The overall market breadth on BSE was weak with 554 scrips advancing and
1,865 scrips declining. A total of 178 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 2.39%
followed by S&P BSE Healthcare, up 0.21%. S&P BSE Finance was the major
loser, down 8.26% followed by S&P BSE Bankex, down 8.25% and S&P BSE
Metal, down 8.23%.
Data from a private survey showed that the seasonally adjusted IHS Markit
India Manufacturing Purchasing Managers’ Index fell to 27.4 in Apr 2020
from 51.8 in Mar 2020. The unprecedented contraction can be attributed to
the nationwide lockdown imposed by the government to combat the
COVID-19 pandemic. The latest reading depicts the sharpest deterioration
in business conditions across the sector since data collection began over 15
years ago. A reading above 50 indicates expansion while below it indicates
contraction.
A major domestic credit rating agency forecasted the growth of the India
economy to contract by 16% to 20% in the first quarter of FY21. This would
translate to a contraction in growth of 1.0% to 2.0% for FY21. The
downgrade comes after the government extended the ongoing nationwide
lockdown till May 17 even though it did so with graded relaxations across
different zones. The rating agency is of the view that while graded
relaxations will help in the revival of the economic activity to some extent,
the pace of the economic activity will remain constrained due to
comparatively stringent norms in major urban centers.
According to media reports, the non-banking financial companies have
requested the Reserve Bank of India to give approval to one-time
restructuring of all loans. The move comes due to the evolving economic
scenario in the wake of the nationwide lockdown imposed by the
government to combat the COVID-19 pandemic.
After Facebook, Silver Lake has invested Rs. 5,655.75 crore in Reliance
Industries’ Jio Platforms. The investment by Silver Lake values Jio Platforms
at an equity value of Rs. 4.9 trillion and an enterprise value of Rs. 5.15
trillion.
Bharat Heavy Electricals Ltd announced that it has invited global companies
to partner with and leverage its facilities for setting up manufacturing
bases in the country.
Asian markets closed in the red following recent tension between U.S. and
China over the origin of coronavirus. Media reports stated that U.S.
intelligence documents accused China of concealing the severity of the
coronavirus outbreak to hoard medical supplies. Today (as on May 5), major
Asian markets remained closed due to holiday. Investors remained
optimistic ahead of the release of key economic data across the countries.
Nikkei remained closed due to market holiday, Hang Seng traded up 0.60%
(as at 8.a.m. IST).
European markets closed in the red amid rising U.S.-China tensions around
the source of the coronavirus outbreak. Meanwhile, private survey showed
that euro zone’s manufacturing sector contracted in Apr with COVID-19
related measures weighed on demand and production.
U.S. markets closed in the green after New York Governor said that the
daily count of hospitalizations and new deaths from COVID-19 are
declining. However, he added that officials are not seeing as steep of a
decline as they hoped.
Markets for You