Global Indices
Global Indices 11-Apr Prev_Day Abs. Change
% Change
Russell 3000 2,666 2,630 36 1.37
Nasdaq 16,442 16,170 272 1.68
FTSE 7,924 7,961 -37 -0.47
Nikkei 39,443 39,582 -139 -0.35
Hang Seng 17,095 17,139 -44 -0.26
Indian Indices 10-Apr Prev_Day Abs. Change
% Change
S&P BSE Sensex 75,038 74,684 354 0.47
Nifty 50 22,754 22,643 111 0.49
Nifty 100 23,475 23,349 126 0.54
Nifty 500 20,915 20,791 125 0.60
Nifty Bank 48,987 48,731 256 0.53
S&P BSE Power 7,082 7,045 36 0.52
S&P BSE Small Cap 46,148 45,935 213 0.46
S&P BSE HC 35,700 35,691 9 0.03
Date P/E Div. Yield P/E Div. Yield
10-Apr 25.55 1.10 23.32 1.18
Month Ago 25.14 1.11 23.22 1.19
Year Ago 22.78 1.21 20.86 1.40
Nifty 50 Top 3 Gainers
Company 10-Apr Prev_Day
% Change
Coal India 456 440 3.75
BPCL 605 586 3.24
United Phos 504 490 2.95
Nifty 50 Top 3 Losers Domestic News
Company 10-Apr Prev_Day
% Change
HDFC Standard Life Insurance Company Limited
622 634 -1.96
Cipla 1423 1450 -1.89
Divi's Lab 3739 3805 -1.73
Advance Decline Ratio
BSE
[1]
NSE
[1]
Advances 1904 1334
Declines 1939 1212
Unchanged 90 89
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 21011
MF Flows** 79099
*10
th
Apr 2024; **8
th
Apr 2024
Economic Indicator
YoY(%) Current Year Ago
CPI
5.09%
(Feb-24)
6.44%
(Feb-23)
IIP
3.80%
(Jan-24)
5.80%
(Jan-23)
GDP
8.40%
(Dec-23)
4.30%
(Dec-22)
[1]
Data as on 10 Apr, 2024
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
12 April 2024
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
11.90%
(Oct-23)
8.10%
(Sep-23)
Quarter Ago
Inflow/Outflow
-26
8527
5.55%
(Nov-23)
• Indian equity markets closed with healthy gains amid mixed global cues.
The key benchmark indices were traded in positive territory throughout the
session after opening higher supported by buying across the sectors.
However, investors continued to focus on the U.S. inflation figure and the
Federal Open Market Committee minutes to gain further understanding of
the trajectory of interest rates.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.47% and
0.49% to close at 75,038.15 and 22,753.80 respectively.
• The overall market breadth on BSE was weak with 1,904 scrips advancing
and 1,939 scrips declining. A total of 90 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up
1.74% followed by S&P BSE Energy, up 1.71% and S&P BSE Metal, up
1.66%. S&P BSE Utilities was the major loser, down 0.07% followed by S&P
BSE Auto, down 0.04%.
• According to media report, sugar mills in India have cleared 87% of the
total cane payment of Rs. 90,000 crore to sugarcane farmers in the first six
months of the current marketing season i.e. Oct 2023 to Mar 2024. Total
production of sugar stood at 300 lakh tonnes so far this season.
• The chairman of the Central Board of Indirect Taxes and Customs has
instructed field formations to handle the cases of legacy where there is no
dispute. Official data indicates that there are cases that are stuck, some of
which date back more than ten years, with tax demands of approximately
Rs. 29,000 crore.
• According to the World Trade Organization, India’s merchandise exports
for 2023 are pegged at $432 billion which is 5% lower than the previous
year, while imports are expected to reach $673 billion.
• Maruti Suzuki India said that the price of a certain SUV Grand Vitara model
has increased, as well as the hatchback Swift's price by up to Rs 25,000.
• The Indian retail sales of Jaguar Land Rover (JLR), a division of Tata Motors,
increased by 81% to 4,436 units for the fiscal year that concluded on Mar
31, 2024. The YoY growth of 81% represents one of the best performances
in the market since the company's launch in India in 2009 and its highest in
the last five years.

https://mf.nipponindiaim.com

• Asian equity markets closed on a mixed note as new doubts about the path
of rate decreases by the U.S. Federal Reserve this year were fueled by
hotter-than-expected U.S. inflation data. The Japanese market fell as a
spike in bond yields weighed on technology and property stocks. Today (as
on Apr 12), Asian markets opened higher as investors are waiting a fresh
batch of economic data from the region. Nikkei rose by 0.40% and Hang
Seng fell by 1.28% (as at 8 a.m. IST).
• European equity markets fell on worries about inflation and the likelihood
that the U.S. Federal Reserve would lower interest rates in Jun 2024. The
European Central Bank's decision to maintain interest rates unaltered was
similarly absorbed by the markets.
• U.S. equity markets mostly rose despite investors comparing hotter-than-
expected U.S. consumer price inflation data with rather mild producer price
inflation data. The Labor Department published a report before the start of
trade that indicated producer prices rose in Mar 2024 in accordance with
economists' predictions.
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