Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 May 2020
Markets for You
Global Indices
Global Indices 13-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,380 1,402 -22 -1.60
Nasdaq 8,863 9,003 -139 -1.55
FTSE 5,904 5,995 -91 -1.51
Nikkei 20,267 20,366 -99 -0.49
Hang Seng 24,180 24,246 -65 -0.27
Indian Indices 13-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 32,009 31,371 637 2.03
Nifty 50 9,384 9,197 187 2.03
Nifty 100 9,553 9,372 180 1.92
Nifty 500 7,667 7,521 146 1.94
Nifty Bank 19,635 18,863 772 4.09
S&P BSE Power 1,468 1,430 38 2.66
S&P BSE Small Cap
10,774 10,566 208 1.97
S&P BSE HC 15,022 15,146 -124 -0.82
Date P/E Div. Yield P/E Div. Yield
13-May 19.97 1.18 18.59 1.77
Month Ago 18.58 1.41 20.27 1.69
Year Ago 27.24 1.26 27.80 1.18
Nifty 50 Top 3 Gainers
Company 13-May Prev_Day
% Change
#
Axis Bank 414 387 7.02
Zee Ente. 165 155 6.51
Adani Ports & SEZ 309 292 6.12
Nifty 50 Top 3 Losers Domestic News
Company 13-May Prev_Day
% Change
#
Nestle India Limited 16512 17462 -5.44
Sun Pharma 452 464 -2.49
Britannia Industries Limited 3080 3107 -0.89
Advance Decline Ratio
BSE NSE
Advances 1656 1331
Declines 730 472
Unchanged 180 112
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -35313
MF Flows** 32380
*13
th
May 2020; **8
th
May 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Apr-20)
2.86%
(Apr-19)
IIP
-16.70%
(Mar-20)
2.70%
(Mar-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 12 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 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
0.40%
(Dec-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
-1934
-1839
7.59%
(Jan-20)
Indian equity markets surged as investors cheered the Rs. 20 trillion -
stimulus package announced by the government to revive the economy in
the wake of the COVID-19 pandemic. Market participants are keenly
awaiting the details of the allocation of the stimulus package to be
announced the finance minister post market hours.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 2.03% and
2.03% to close at 32,008.61 and 9,383.55 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 1.49% and 1.97% respectively.
The overall market breadth on BSE was strong with 1,656 scrips advancing
and 730 scrips declining. A total of 180 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Capital Goods was the major gainer, up
5.08% followed by S&P BSE Industrials, up 3.98% and S&P BSE Bankex, up
3.88%. S&P BSE Healthcare was the major loser, down 0.82% followed by
S&P BSE FMCG, down 0.61% and S&P BSE Telecom, down 0.09%.
India will provide Rs. 3 lakh crore worth collateral-free loans to small
businesses for four years. This would benefit 45 lakh micro, small and
medium enterprises (MSME) and will be available till Oct 31, 2020. No
principal repayment will be required for 12 months.
Global tender disallowed in government procurement for tenders up to Rs.
200 crore to provide MSMEs the opportunity to participate in tenders.
There will be necessary amendments of general financial rules. It is a step
towards self-reliant India and support Make in India initiative.
For Discoms (Distribution companies), a one-time emergency liquidity
injection of Rs. 90,000 crore will provided by Power finance corporation
(PFC) and Rural Electrification Corporation (REC) against all their
receivables. The states will guarantee it. Discoms will pay the power
generation companies from the funds generated.
As part of economic stimulus package, government will provided Rs 30,000
crore of special liquidity scheme for investing in investment grade debt
paper of Non-banking finance companies (NBFC), Housing finance
companies and Micro finance Institutions (MFI). These NBFCs are those that
are also funding MSMEs. These will be fully guaranteed by government of
India.
According to media reports, the standalone net profit of Maruti Suzuki fell
28% on a yearly basis in the quarter ended Mar 2020 to Rs. 1,291.70 crore
from Rs. 1,795.60 crore in the same period of the previous year. Net profit
came down on account of lower sales and higher promotion expenses. The
company also reduced capital expenditure for FY21 by 17% to Rs. 2,700
crore from Rs. 3,248 crore in the previous year.
According to media reports, the standalone net profit of Kotak Mahindra
Bank fell 10% on a yearly basis in the quarter ended Mar 2020 to Rs. 1,267
crore from Rs. 1,408 crore in the same period of the previous year. Net
profit came down on account of increase in the bank's provisions and
contingencies. The bank made provisions related to the COVID-19
pandemic worth Rs. 650 crore, higher than what is mandated by the
Reserve Bank of India.
Asian markets witnessed a mixed trend with investors remaining on the
sidelines amid worries about U.S.- China tensions. Meanwhile, traders found
some solace after Wuhan, the epi-centre of the deadly virus confirmed no
new COVID-19 infections on May 12 and officials charted out a plan to test
11 million people within a 10-day timeframe. Today (as on May 14), markets
traded lower tracking overnight weakness in U.S. and European markets.
Both Nikkei and Hang Seng are down 0.73% and 1.25%, respectively (as at
8.a.m. IST).
European markets too came under selling pressure as a potential second
wave of coronavirus infections triggered a sell-off.
U.S. markets fell following comments from the U.S. Fed Chief. The Fed
Chief said that the central bank may take additional steps to support the
economy but is reluctant to adopt negative interest rates.
Markets for You