Global Indices
Global Indices 21-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,779 1,810 -31 -1.74
Nasdaq 11,220 11,425 -205 -1.79
FTSE 7,238 7,193 45 0.63
Nikkei 27,313 27,688 -375 -1.36
Hang Seng 18,445 18,781 -337 -1.79
Indian Indices 21-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 59,457 59,720 -263 -0.44
Nifty 50 17,718 17,816 -98 -0.55
Nifty 100 18,092 18,222 -130 -0.71
Nifty 500 15,361 15,470 -109 -0.71
Nifty Bank 41,203 41,468 -265 -0.64
S&P BSE Power 5,135 5,250 -115 -2.19
S&P BSE Small Cap 29,239 29,443 -204 -0.69
S&P BSE HC 23,093 23,308 -215 -0.92
Date P/E Div. Yield P/E Div. Yield
21-Sep 22.99 1.20 21.15 1.29
Month Ago 23.00 1.21 21.20 1.41
Year Ago 30.76 0.92 26.89 1.13
Nifty 50 Top 3 Gainers
Company 21-Sep Prev_Day
% Change
Britannia Industries Limited 3766 3651 3.15
HUL 2624 2584 1.55
ITC 341 336 1.47
Nifty 50 Top 3 Losers Domestic News
Company 21-Sep Prev_Day
% Change
Shree Cements Limited 22024 23243 -5.24
Adani Ports & SEZ 933 970 -3.85
IndusInd Bank 1224 1264 -3.15
Advance Decline Ratio
BSE NSE
Advances 1241 654
Declines 2225 1518
Unchanged 121 73
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -150021
MF Flows** 146567
*21
st
Sep 2022; **8
th
Sep 2022
Economic Indicator
YoY(%) Current Year Ago
CPI
7.00%
(Aug-22)
5.30%
(Aug-21)
IIP
2.40%
(Jul-22)
11.50%
(Jul-21)
GDP
13.50%
(Jun-22)
20.10%
(Jun-21)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
22 September 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
6.70%
(Apr-22)
4.10%
(Mar-22)
Quarter Ago
Inflow/Outflow
482
1804
7.04%
(May-22)
Indian equity markets fell after two days of winning rally as concerns for
aggressive rate hike weigh on the market sentiments. Global cues remained
negative ahead of the release of monetary policy by the US Federal Reserve
and other central banks. Additionally, escalated geopolitical tensions
followed by the latest speech by the Russian President also contributed to
the downside.
Key benchmark indices S&P BSE Sensex lost 0.44% and Nifty 50 gained 1.1%
to close at 59,456.78 and 17,816.25 respectively.
The overall market breadth on BSE was strong with 2,071 scrips advancing
and 1,402 scrips declining. A total of 129 scrips remained unchanged.
On the BSE sectoral front, S&P BSE FMCG was the only gainer, up 1.14%.
S&P BSE Utilities was the major loser, down 2.31% followed by S&P BSE
Power, down 2.19% and S&P BSE Commodities, down 2.07%.
The Asian Development Bank lowered its prediction for India's GDP growth
for the FY23 to 7% from 7.2%, mentioning weak global demand and
tightening monetary policy to battle inflationary pressures emanated by
high prices for oil and other commodities. The multilateral institution also
decreased its FY24 forecast to 7.2% from 7.8%.
Retail inflation for farm and rural workers accelerated to 6.94% and 7.26%
in Aug 2022 from 6.60% and 6.82%, respectively in July 2022 due to higher
prices of certain food items in Jul 2022. Inflation increased.
According to a domestic rating agency, banks' gross non-performing assets
(GNPAs) is expected to decline to 5% by Mar 2023, reflecting continued
improvement in asset quality. Based on the post-pandemic economic
rebound and faster credit growth, they might even reach a decadal low of
around 4% by March 2024. Following a considerable clean-up of bank books
in recent years as well as stronger risk management and underwriting, the
corporate segment's asset quality has improved. The demand for borrowers
with superior credit histories has increased as a result of this. Additionally
beneficial were India Inc.'s balance sheets' strengthening and deleveraging.
The Ministry of Road Transport and Highway has released proposed
regulations that would require auto manufacturers to incorporate rear
seatbelt alarm systems. The notification states that the deadline for public
comments on proposed rules is Oct 5, 2022.
As per the statement from the West Bengal state government, Adani Ports
& Special Economic Zone Ltd. was selected to develop the Tajpur deep sea
port. The greenfield project will involve investment of Rs. 25,000 crore, of
which Rs. 15,000 crore will go toward port development and the rest
toward building related infrastructure.
As per media reports, Reliance Retail, subsidiary of Reliance Industries Ltd, is
in advanced talks to get rights for beauty retailer Sephora in India. The move
could result in Sephora's operations transfer from Arvind Fashions Ltd.
Asian equity markets closed on negative note following loss from Wall
Street overnight. Meanwhile, investors worried about upcoming aggressive
U.S. Federal Reserve policy tightening to combat high inflation across
region. Today (as on Sept 22), Asian markets fell followed by aggressive rate
hike by the US Federal Reserve and geopolitical tensions in Russia and
Ukraine. Both Nikkei and Hang Seng fell by 0.88% and 1.97% respectively (as
at 8 a.m. IST).
European equity markets closed higher as investors disregard the concerns
for economic slowdown and monetary policy tightening by the US Federal
Reserve. Market participants opted for bargain hunting after the recent
decline in the price levels, which helped to uplift the market sentiments.
However, escalated geopolitical tensions after the Russian President’s latest
announcement, restricted the upside.
US equity markets closed sharp lower followed by the aggressive rate hike
by the US Federal Reserve. Additionally, the central bank has signaled for
more rate hikes for the remainder of the year to bring down the soaring
inflation. Meanwhile, resurgence of geopolitical concerns in Russia, also
added to the losses.
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