Global Indices 25-Nov Prev_Day Abs. Change
Russell 3000 1,380 1,364 15 1.13
Nasdaq 8,632 8,520 113 1.32
FTSE 7,396 7,327 69 0.95
Nikkei 23,293 23,113 180 0.78
Hang Seng 26,993 26,595 398 1.50
Indian Indices 25-Nov Prev_Day Abs. Change
S&P BSE Sensex 40,889 40,359 530 1.31
Nifty 50 12,074 11,914 159 1.34
Nifty 100 12,193 12,031 161 1.34
Nifty 500 9,802 9,679 123 1.27
Nifty Bank 31,556 31,112 444 1.43
S&P BSE Power 1,936 1,927 9 0.44
S&P BSE Small Cap 13,462 13,354 108 0.81
S&P BSE HC 13,591 13,400 190 1.42
Date P/E Div. Yield P/E Div. Yield
25-Nov 28.68 1.13 28.14 1.24
Month Ago 26.76 1.18 26.70 1.29
Year Ago 22.85 1.24 25.43 1.26
Nifty 50 Top 3 Gainers
Company 25-Nov Prev_Day
Bharti Infratel 250 232 7.82
Bharti Airtel 451 421 7.31
Tata Steel 420 400 4.88
Nifty 50 Top 3 Losers Domestic News
Company 25-Nov Prev_Day
Zee Ente. 344 358 -3.99
ONGC 131 134 -2.17
Yes Bank 64 65 -1.62
Advance Decline Ratio
Advances 1400 1105
Declines 1093 768
Unchanged 214 123
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 86706
MF Flows** 54032
Nov 2019; **21
YoY(%) Current Year Ago
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
26 November 2019
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
P/E Dividend Yield
• Indian equity markets gained handsomely as sentiment was buoyed by
media reports showing China and the U.S. are 'very close' to signing a phase
one trade deal.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.31% and
1.34% to close at 40,889.23 and 12,073.75 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 1.17% and 0.81% respectively.
• The overall market breadth on BSE was strong with 1,400 scrips advancing
and 1,093 scrips declining. A total of 214 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Telecom was the
major gainer, up 6.78%, followed by S&P BSE Metal and S&P BSE Realty, up
3.34% and 2.04%, respectively. S&P BSE Basic Materials and S&P BSE Auto
gained 2.02% and 1.85% respectively.
• A major global bank has said India's economic growth is expected to slow
further in the second half of 2019, Singapore’s DBS Bank said on Monday.
The bank said real GDP could be 4.3% in the third quarter. Weakness in the
consumption sector could be extended into the quarter along with tepid
private sector activity. New project announcements remain at a multi-year
low, while production was depressed by weak consumer durables, non-
durables, intermediate and capital goods, the bank said.
• The finance minister introduced the Taxation Laws (Amendment) Bill, 2019,
in the Lok Sabha, media reports showed. This will replace the Taxation Laws
(Amendment) Ordinance, 2019, promulgated on Sep 20, 2019, to cut the
base corporate tax rate to 22% from 30%.
• The government could amend rules to completely remove the provision
under which citizens can receive duty-free ‘gifts and samples’ valued at
under Rs. 5,000 from overseas. This comes after rampant misuse by
Chinese ecommerce vendors was unearthed, media reports showed. The
Central Board of Indirect Taxes and Customs is considering a limit on the
number of gifts an individual can receive but has decided against it given
the complexity in its implementation.
• A National Statistical Office survey showed nearly 4.4% of rural households
and 23.4% urban households had a computer while 14.9% of rural
households and 42% of urban households had internet facility. In rural
areas, among persons of 5 years and above, 9.9% were able to operate a
computer, 13% were able to use internet and 10.8% used internet during
the last 30 days before the survey period. In urban areas, among those who
were 5 years and above, 32.4% were able to operate a computer, 37.1%
were able to use internet and 33.8% used internet during the last 30 days.
• Asian equity markets gained on positive U.S.-China trade developments. The
U.S. President said a trade deal with China is "potentially very close" and the
Chinese President said they want to work towards a phase one trade deal
with the U.S. Meanwhile, pro-democracy camp in Hong Kong clinched a
landslide victory in the district council election. Today (as of Nov 26), Asian
markets opened higher on overnight gains at the Wall Street. Both Nikkei
and Hang Seng were trading up 0.60% and 0.03%, respectively (as at 8.a.m.
• European markets gained as U.S. and China seemed to get closer to signing
a phase one trade deal. U.S. National Security Advisor said a “phase one”
deal with China could be achieved by the end of 2019. At the same time,
however, he said Washington will not overlook Hong Kong protests.
• U.S. markets gained on trade optimism as U.S. and China looked close to
signing a phase one trade deal. China’s state newspaper said both sides are
getting “close” to reaching a deal. And U.S. national security advisor had said
over the weekend that a phase one trade deal with China could come
through before the end of the year.
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