Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 May 2020
Markets for You
Global Indices
Global Indices 15-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,405 1,393 12 0.85
Nasdaq 9,015 8,944 71 0.79
FTSE 5,800 5,742 58 1.01
Nikkei 20,037 19,915 123 0.62
Hang Seng 23,797 23,830 -32 -0.14
Indian Indices 15-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,098 31,123 -25 -0.08
Nifty 50 9,137 9,143 -6 -0.06
Nifty 100 9,321 9,333 -13 -0.13
Nifty 500 7,504 7,515 -11 -0.14
Nifty Bank 18,834 19,069 -235 -1.23
S&P BSE Power 1,444 1,436 8 0.54
S&P BSE Small Cap
10,689 10,706 -18 -0.16
S&P BSE HC 15,029 15,103 -73 -0.49
Date P/E Div. Yield P/E Div. Yield
15-May 19.20 1.22 20.98 1.67
Month Ago 18.37 1.43 20.11 1.70
Year Ago 27.20 1.25 27.82 1.18
Nifty 50 Top 3 Gainers
Company 15-May Prev_Day
% Change
#
Vedanta Limited 93 89 4.26
BPCL 318 310 2.74
Bharti Airtel 554 540 2.64
Nifty 50 Top 3 Losers Domestic News
Company 15-May Prev_Day
% Change
#
M&M 381 400 -4.78
Bharti Infratel 203 210 -3.41
Axis Bank 389 402 -3.33
Advance Decline Ratio
BSE NSE
Advances 1086 837
Declines 1229 945
Unchanged 178 123
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -37551
MF Flows** 30888
*15
th
May 2020; **13
th
May 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-16.70%
(Mar-20)
2.70%
(Mar-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 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
-195
-2369
7.35%
(Dec-19)
Indian markets recouped most of its intra-day losses to close flat. Selling
pressure persisted as investors continued to worry over the economic
impact of the coronavirus pandemic. However, investors found some solace
as data released by China showed industrial output bounced back in Apr.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.08% and 0.06%
to close at 31,097.73 and 9,136.85 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.31% and 0.16% respectively.
The overall market breadth on BSE was weak with 1,086 scrips advancing
and 1,229 scrips declining. A total of 178 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
1.81% followed by S&P BSE Metal, up 1.61% and S&P BSE Energy, up 1.32%.
S&P BSE Realty was the major loser, down 1.42% followed by S&P BSE
Bankex, down 1.09% and S&P BSE Auto, down 1.01%.
According to the data released by the commerce and industry ministry,
India’s exports and imports plunged 60.28% YoY and 58.65% to $10.36
billion and $17.12 billion, respectively in Apr 2020. As a result, trade deficit
contracted significantly to $6.76 billion in Apr 2020 from $15.33 billion in
Apr 2019. Exports witnessed its steepest monthly fall in at least 25 years, as
manufacturing units were closed amid country lockdown to contain the
spread of coronavirus .
Finance Minister announced a third set of stimulus measures for the
agrarian economy. Farm-gate infrastructure, cold chains- Rs. 1 lakh crore
will be provided for aggregators, primary agriculture cooperative
organisations, farmer producer organisations. Not only this will be
strengthening farm-gate infrastructure, but will also improve Storage and
boost exports.
Finance minister announced steps on governance and administrative
reforms including amending Essential Commodities Act, 1955. Onions,
potatoes, pulses, edible oils, cereals to be completely deregulated. Central
law to be brought to provide farmers the choice to sell at best price.
Legal framework to be brought in to ensure a fixed fair price for farmers
even before they start sowing. Farmers at present do not have a standard
mechanism to charge a predictable price. Well this move will improve
income and standard of living of farmers. Farmers will be able to deal with
aggregators and other intermediaries in a risk-free transparent manner.
According to media reports, the consolidated net profit of Cipla fell 33.32%
on a yearly basis to Rs. 238.49 crore for the quarter ended Mar 2020
compared to a net profit of Rs. 357.68 crore in the same period of the
previous year. Cipla also announced that it will raise up to Rs. 3,000 crore
through issue of equity shares, depository receipt or bonds subject to
approvals.
According to media reports, the net profit of Biocon fell 42% on a yearly
basis to Rs. 123 crore for the quarter ended Mar 2020. However, for FY20,
the company witnessed a 15% growth in revenue which increased to Rs.
6,529 crore.
Asian markets witnessed a mixed trend as positive cues from the signs of
gradual reopening of business round the globe were neutralised by
concerns over the trade deal between the U.S. and China, which seems to
be in peril. Today (as on May 18), markets traded higher with investors
tracking developments on the covid-19 front. Positive cues from Wall Street
also contributed to upside. Both Nikkei and Hang Seng are up 0.25% and
0.12%, respectively (as at 8.a.m. IST).
European markets too rose as investors shrugged off weak euro area
economic data and took positive cues from encouraging industrial
production data from China and expectations of additional stimulus from
U.S. and Chinese governments.
U.S. markets closed in the green following better-than-expected data on
U.S. consumer sentiment. The University of Michigan’s consumer sentiment
index unexpectedly rose in early May.
Markets for You