Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
07 May 2020
Markets for You
Global Indices
Global Indices 06-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,382 1,381 1 0.11
Nasdaq 8,854 8,809 45 0.51
FTSE 5,854 5,849 4 0.07
Nikkei
[2]
19,619 20,194 -574 -2.84
Hang Seng 24,137 23,869 269 1.13
Indian Indices 06-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,686 31,454 232 0.74
Nifty 50 9,271 9,206 65 0.71
Nifty 100 9,429 9,359 70 0.74
Nifty 500 7,576 7,523 52 0.70
Nifty Bank 19,695 19,272 423 2.19
S&P BSE Power 1,475 1,465 10 0.69
S&P BSE Small Cap
10,701 10,650 52 0.49
S&P BSE HC 15,160 15,120 40 0.26
Date P/E Div. Yield P/E Div. Yield
6-May 19.61 1.21 21.34 1.64
Month Ago 16.79 1.57 18.22 1.88
Year Ago 28.38 1.21 28.95 1.13
Nifty 50 Top 3 Gainers
Company 06-May Prev_Day
% Change
#
Bajaj Finance 2106 2002 5.19
M&M 387 368 5.16
GAIL 95 91 3.95
Nifty 50 Top 3 Losers Domestic News
Company 06-May Prev_Day
% Change
#
ITC 164 174 -5.75
Bharti Infratel 161 171 -5.69
Coal India 134 138 -3.08
Advance Decline Ratio
BSE NSE
Advances 1056 821
Declines 1268 981
Unchanged 144 123
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -53399
MF Flows** 34458
*6
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 05 May 2020;
[2]
Data as on 01 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
07 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
-324
7.35%
(Dec-19)
Indian equity markets closed in the green as investors resorted to value
buying in recent beaten down stocks. Meanwhile, investor continued to
monitor the developments on the COVID-19 treatment.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.74% and
0.71% to close at 31,685.75 and 9,270.90 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 0.78% and 0.49% respectively.
The overall market breadth on BSE was weak with 1,056 scrips advancing
and 1,268 scrips declining. A total of 144 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Finance was the major gainer, up 2.46%
followed by S&P BSE Telecom, up 2.3% and S&P BSE Bankex, up 1.99%. S&P
BSE FMCG was the major loser, down 1.98% followed by S&P BSE Consumer
Durables, down 0.5% and S&P BSE IT, down 0.46%.
Data from a private survey showed that India's services sector collapsed in
Apr 2020 which can be attributed to the nationwide lockdown imposed by
the government to combat the COVID-19 pandemic. The IHS Markit India
Services Business Activity Index plummeted to 5.4 in Apr 2020 from 49.3 in
Mar 2020 on the back of a sharp drop in new orders during the month
under review. This marks an unprecedented fall since the survey began 14
years ago. The IHS Markit India Composite Purchasing Managers' Index
(PMI) which takes into account both the manufacturing output and the
services output also plunged to a new record low of 7.2 in Apr 2020 from
50.6 in Mar 2020.
The Central government raised the excise duty on petrol by Rs. 10 per litre
and on diesel by Rs. 13 per litre. The move comes after several state
government increased the value added tax (VAT) on petrol and diesel to
take benefit of the lower price regime. The government aims to gain close
to around Rs. 1.6 lakh crore from the record excise duty hike.
According to media reports, the government aims to garner around Rs.
22,000 crore by selling its entire stake in one of the leading private sector
banks and in a prominent conglomerate that deals in FMCG, hospitality and
cigarettes.
According to the ministry of finance, the government has provided financial
assistance to the tune of Rs. 34,800 crore to about 39 crore beneficiaries
under the Pradhan Mantri Garib Kalyan Package (PMGKP) using the digital
payment infrastructure.
VestaSpace Technology, an Indian space technology startup, has secured
$10 million in funding from Next Capital LLC, an American investment and
consulting company specializing in the development of small satellite
platforms for commercial and scientific use. The money will allow
VestaSpace Technology to extend the scope of its innovative solutions
throughout India and around the world.
Royal Enfield announced that it has resumed operations at its
manufacturing facility at Oragadam, near Chennai, on May 6. The company
also said that 120 dealers have opened shop and more 300 are expected to
start in May.
Asian markets largely closed in the green with different countries
announcing plans to ease lockdown measures amid falling coronavirus
infection rates. Investors also took positive cues after Australia’s retail sales
in Mar came in better than expected. Today (as on May 7), Asian markets
fell ahead of the release of a private survey of China’s services activity in
Apr 2020. Both Nikkei and Hang Seng traded down 0.11% and 0.65%,
respectively (as at 8.a.m. IST).
European markets mostly fell as market participants were cautious on
concerns about the possible impact of any new wave of Covid-19 infection
following easing of lockdown restrictions in several places across the world.
Weak euro area economic data increased losses.
U.S. markets closed on a mixed note as market participants weighed
optimism about some states reopening against some miserable private
employment data.
Markets for You