
Global Indices
Global Indices 04-Apr Prev_Day Abs. Change
Russell 3000 1,941 1,952 -10 -0.52
Nasdaq 12,126 12,189 -63 -0.52
FTSE 7,635 7,673 -38 -0.50
Nikkei 28,287 28,188 99 0.35
Hang Seng 20,275 20,409 -135 -0.66
Indian Indices 03-Apr Prev_Day Abs. Change
S&P BSE Sensex 59,106 58,992 115 0.19
Nifty 50 17,398 17,360 38 0.22
Nifty 100 17,225 17,186 39 0.22
Nifty 500 14,602 14,558 44 0.30
Nifty Bank 40,813 40,609 204 0.50
S&P BSE Power 3,594 3,606 -12 -0.34
S&P BSE Small Cap 27,271 26,957 314 1.17
S&P BSE HC 21,933 21,883 49 0.22
Date P/E Div. Yield P/E Div. Yield
3-Apr 22.38 1.23 20.48 1.43
Month Ago 22.83 1.21 20.73 1.41
Year Ago 26.84 0.92 23.69 1.10
Nifty 50 Top 3 Gainers
Company 03-Apr Prev_Day
Hero Moto 2431 2347 3.57
Coal India 220 214 3.04
Bajaj Auto 3994 3885 2.81
Nifty 50 Top 3 Losers Domestic News
Company 03-Apr Prev_Day
BPCL 330 344 -4.17
ITC 379 384 -1.20
Infosys 1411 1428 -1.20
Advance Decline Ratio
Advances 2736 1783
Declines 900 525
Unchanged 123 53
Institutional Flows (Equity)
Description (Cr)
FII Flows* -23844
MF Flows** 53380
*3
rd
Apr 2023; **24
th
Mar 2023
Economic Indicator
YoY(%) Current Year Ago
CPI
[1]
Data as on 03 Apr, 2023
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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 markets closed with modest gains lead by strong buying in
auto stocks followed by the encouraging sales for March, helped to boost
the market sentiments. Meanwhile, better than expected domestic
manufacturing activities data and indications for decline in U.S. inflation
number also added to the gains. However, sharp rise of crude oil prices and
restricted the upside.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.19% and
0.22% to close at 59,106.44 and 17,398.05 respectively.
• The overall market breadth on BSE was strong with 2,736 scrips advancing
and 900 scrips declining. A total of 125 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecommunication was the major
gainer, up 1.78% followed by S&P BSE Auto, up 1.39% and S&P BSE
Consumer Discretionary, up 1.12%. S&P BSE Oil & Gas was the major loser,
down 0.59% followed by S&P BSE Power, down 0.34% and S&P BSE IT, down
0.33%.
• The World Bank has reduced its prediction for India’s economic growth for
the current fiscal year from 6.6% to 6.3%. The third-largest economy in Asia
saw annual growth of 4.4% in Oct–Dec 2022, down from 11.2% a year
earlier and 6.3% in the previous quarter.
• In Mar 2023, manufacturing output in India increased to its highest level
since Jan 2023. The S&P Global Manufacturing Purchasing Managers' Index
rose to 56.4 in Mar 2023 from 55.3 in Feb 2023.
• The Asian Development Bank (ADB) reduced its previous estimate of 7.2%
for India's FY24 growth to 6.4%, citing risks from both domestic and
international factors. ADB reduced its previous estimated growth forecast
for FY23 from 7% to 6.8%.
• According to the finance minister, India's Goods and Services Tax (GST)
collection for FY23 exceeded Rs 18 trillion, a 22% increase over the prior
year. The total GST collection exceeded the Rs 1.5 trillion threshold in FY23
for the fourth time.
• PhonePe has released a shopping app PINCODE on the ONDC, an open e-
commerce network that the government introduced. With the ease of
online ordering, savings, and immediate refunds and returns, it will link
customers with the local shops in their communities.
• A joint venture between the Adani Group and EdgeConneX is in talks with
about six banks for a loan of about $220 million. AdaniConneX Private Ltd.
will utilize the funds in capital expenditures over a period of five years.
• Asian markets mostly rose as concerns about the recent financial problems
in the U.S. and Europe appeared to have eased. Today (as on Apr 5), Asian
equity markets opened on a mixed note. Mainland Chinese and Hong Kong
markets are closed for a holiday. Both Nikkei and Hang Seng fell by 0.79%
and 0.66% (as at 8 a.m. IST) respectively.
• European equity markets closed on a mixed note. Worries over further
interest rate hikes by central banks across the globe and concerns of a
slowdown in global growth dampened market sentiments. However,
markets received some support after Eurozone producer price inflation
slowed in Feb 2023.
• U.S. equity markets fell as lingering concerns about the global economic
outlook weighed on the market sentiment. Profit booking also contributed
to the downside. Sentiments were also hurt after a report from the U.S.
Labour Department showed that job openings in the U.S. fell more than
expected in Feb 2023.