Global Indices
Global Indices 22-Jun Prev_Day Abs. Change
% Change
Russell 3000 1,730 1,730 0 -0.01
Nasdaq 11,053 11,069 -16 -0.15
FTSE 7,089 7,152 -63 -0.88
Nikkei 26,150 26,246 -97 -0.37
Hang Seng 21,008 21,560 -551 -2.56
Indian Indices 22-Jun Prev_Day Abs. Change
% Change
S&P BSE Sensex 51,823 52,532 -710 -1.35
Nifty 50 15,413 15,639 -226 -1.44
Nifty 100 15,555 15,793 -238 -1.51
Nifty 500 13,048 13,242 -194 -1.47
Nifty Bank 32,845 33,192 -346 -1.04
S&P BSE Power 3,829 3,912 -83 -2.11
S&P BSE Small Cap 23,855 24,122 -267 -1.11
S&P BSE HC 21,241 21,465 -224 -1.04
Date P/E Div. Yield P/E Div. Yield
22-Jun 21.06 1.36 19.07 1.46
Month Ago 22.19 1.20 20.05 1.31
Year Ago 32.29 0.99 29.05 1.21
Nifty 50 Top 3 Gainers
Company 22-Jun Prev_Day
% Change
BPCL 306 301 1.56
Hero Moto 2524 2499 1.01
TCS 3223 3212 0.34
Nifty 50 Top 3 Losers Domestic News
Company 22-Jun Prev_Day
% Change
Hindalco 316 339 -6.72
United Phos 614 654 -6.20
Tata Steel 838 885 -5.28
Advance Decline Ratio
BSE NSE
Advances 1184 629
Declines 2147 1515
Unchanged 109 57
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -208373
MF Flows** 128331
*22
nd
Jun 2022; **16
th
Jun 2022
Economic Indicator
YoY(%) Current Year Ago
CPI
7.04%
(May-22)
6.30%
(May-21)
IIP
7.10%
(Apr-22)
133.50%
(Apr-21)
GDP
4.10%
(Mar-22)
2.50%
(Mar-21)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 June 2022
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
2.00%
(Jan-22)
5.40%
(Dec-21)
Quarter Ago
Inflow/Outflow
524
-1177
6.07%
(Feb-22)
Indian equity markets turned back to negative territory with sharp loss as
concerns for interest rate hike and fears of recession dented market
sentiments. Investors ignored the drop in crude oil prices and remained
jittery with the negative global sentiments. Additionally, Investors remained
concerned ahead of the testimony of the U.S. Federal Reserve and European
Central Bank’s policymakers.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.35% and 1.44%
to close at 51,822.53 and 15,413.30 respectively.
The overall market breadth on BSE was weak with 1,184 scrips advancing
and 2,147 scrips declining. A total of 109 scrips remained unchanged.
On the BSE sectoral front, all sectors lost. S&P BSE Metal was the major
loser, down 4.96%, followed by S&P BSE Basic Materials and S&P BSE Realty,
down 2.67% and 2.24%, respectively. S&P BSE Energy and S&P BSE Power
lost 2.24% and 2.11% respectively.
India’s current account deficit (CAD) decreased to US$ 13.4 billion (1.5% of
GDP) in Q4 of FY22 from US$ 22.2 billion (2.6% of GDP) in Q3 of FY22. The
sequential decline in CAD in Q4 of FY22 was mainly on account of a
moderation in trade deficit and lower net outlay of primary income. The
current account balance recorded a deficit of 1.2% of GDP in FY22 as against
a surplus of 0.9% in FY21 as the trade deficit widened to US$ 189.5 billion in
FY22 from US$ 102.2 billion in FY21.
According to the Monetary Policy Committee's (MPC) minutes of the
meeting, the RBI governor warned that continued high inflation is a major
concern for the economy, even as economic activity is gaining traction, while
voting for a 50 basis point increase in the benchmark interest rate to control
price rise earlier this month.
According to the Reserve Bank of India, foreign exchange reserves in
nominal terms, including valuation effects, rose by USD 30.3 billion in FY22
against USD 99.2 billion expansion in FY21. On a balance of payments basis,
excluding valuation effects, foreign exchange reserves increased by USD
47.5 billion during FY22 as compared with USD 87.3 billion during FY21.
RBI granted a three-month extension for the implementation of certain
provisions entailed as part of the credit and debit card issuance and conduct
guidelines. The execution of some provisions included in the credit and
debit card issuance and conduct guidelines received a three-month
extension RBI. Card issuing businesses now have until Oct 1, 2022 to put
standards in place requiring customers to enter a one-time password when
activating a credit card. Additionally, card issuers must make sure that the
cardholder's approved credit limit is never exceeded without first getting
their express permission.
TCS has received a deal to lead the business process transformation at
Aadhar Housing Finance for an undisclosed sum.
Vodafone Idea reported that its board of directors had given the go-ahead
to raise up to Rs. 436.21 crore through the preferential sale of equity shares
or convertible warrants.
Asian markets fell amid inflation and interest rate fears ahead of
congressional testimony by U.S. Federal Reserve Chair as well as following
news that Beijing is considering a ban on the selling of medications on third-
party e-commerce platforms. Asian market fell further after minutes from
the Bank of Japan's Apr policy meeting minutes revealed that many board
members emphasised the necessity to maintain the central bank's
significant stimulus programme to support a still-fragile economy. Today (as
on June 23), Asian markets opened on a high note due to drop on crude oil
prices. Both Nikkei and Hang Seng rose by 0.38% and 0.55% respectively (as
at 8 a.m. IST).
European equity markets drifted lower as concerns for aggressive rate hike
by the US Federal Reserve and worries for recession impacted market
sentiments once again. Consumer price inflation in Europe rose to forty
years high due to higher energy and food prices impacted market
sentiments too.
US equity markets fluctuated between gains and losses and settled in red as
Investors remained jittery ahead of the testimony of US Federal Reserve
regarding the interest rate hike.
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