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03 Apr 2020
Markets for You
Global Indices
Global Indices 02-Apr Prev_Day Abs. Change
% Change
Russell 3000 1,178 1,156 21 1.85
Nasdaq 7,487 7,361 127 1.72
FTSE 5,480 5,455 26 0.47
Nikkei 17,819 18,065 -247 -1.37
Hang Seng 23,280 23,086 194 0.84
Indian Indices 01-Apr Prev_Day Abs. Change
% Change
S&P BSE Sensex 28,265 29,468 -1,203 -4.08
Nifty 50 8,254 8,598 -344 -4.00
Nifty 100 8,404 8,731 -327 -3.75
Nifty 500 6,762 6,997 -235 -3.36
Nifty Bank 18,208 19,144 -936 -4.89
S&P BSE Power 1,339 1,378 -39 -2.83
S&P BSE Small Cap
9,507 9,609 -102 -1.06
S&P BSE HC 11,969 12,149 -179 -1.47
Date P/E Div. Yield P/E Div. Yield
1-Apr 17.18 1.52 18.60 1.84
Month Ago 23.27 1.15 25.34 1.37
Year Ago 28.46 1.11 29.24 1.12
Nifty 50 Top 3 Gainers
Company 01-Apr Prev_Day
% Change
Sun Pharma 344 333 3.26
Hero Moto 1640 1596 2.71
Bajaj Auto 2051 2022 1.42
Nifty 50 Top 3 Losers Domestic News
Company 01-Apr Prev_Day
% Change
Tech Mahindra 511 566 -9.60
Kotak Bank 1182 1296 -8.83
TCS 1709 1826 -6.43
Advance Decline Ratio
Advances 1112 938
Declines 1101 864
Unchanged 163 102
Institutional Flows (Equity)
Description (Cr)
FII Flows* -48030
MF Flows** 39524
Mar 2020; **30
Mar 2020
Economic Indicator
YoY(%) Current Year Ago
Data as on 01 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 April 2020
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
Quarter Ago
Indian equity markets ended the first day of the new fiscal year FY21 in
solid red as the number of coronavirus cases increased sharply across the
country although the 21-day lockdown remained in force.
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 4.08% and 4% to
close at 28,265.31 and 8,253.80 respectively. S&P BSE MidCap and S&P BSE
SmallCap lost 2.18% and 1.06% respectively.
The overall market breadth on BSE was strong with 1,112 scrips advancing
and 1,101 scrips declining. A total of 163 scrips remained unchanged.
On the BSE sectoral front, all sectors lost. S&P BSE IT was the major loser,
down 5.58%, followed by S&P BSE Teck and S&P BSE Bankex, down 5.51%
and 5.31%, respectively. S&P BSE Telecom and S&P BSE Finance lost 4.09%
and 3.8% respectively.
Nikkei India Manufacturing Purchasing Managers' Index (PMI) slowed to
51.8 in Jan 2020 from 54.5 in Feb 2020. India’s manufacturing sector
growth slowed to a four-month low in Mar 2020 amid nationwide lockdown
due called to contain the covid-19 outbreak, thus throwing economic
activity out of gear.
The India Meteorological Department (IMD) predicts that the temperature
in Apr-Jun 2020 quarter across the country is expected to be 0.5-1 degrees
Celsius warmer than normal. The frequency of heatwaves is also expected
to be marginally above normal in the mentioned period.
According to a global rating agency, India's fiscal deficit in 2020-21 may
increase to 6.2% of the GDP from 3.5% government estimate as a fallout of
the Covid-19 economic stimulus package. The rating agency further added
that with businesses disrupted amid lockdown and its ripple effects, will
have "heavy pressure" on the revenue and may force the government to
look towards additional borrowing or a higher central bank dividend to
fund its expenditure.
As per media reports, Goods and services tax (GST) collections for Mar 2020
stood at Rs. 97,500 crore, much less than Rs. 1.15 lakh crore target set by
the government and Feb 2020 collection of Rs 1.05 lakh crore. The total
number of GSTR-3B Returns filed for the month of Feb up to Mar 31 is 7.65
According to media reports, Hindustan Unilever Ltd (HUL) has completed
the merger of GlaxoSmithKline Consumer Healthcare Limited with itself,
over a year after the Rs. 31,700 crore mega-deal was first announced. HUL
has additionally paid Rs. 3,045 crore to acquire the Horlicks brand for India
from GSK after seeking approval from its board of directors.
According to media reports, sales of India’s largest carmaker, Maruti Suzuki
India Ltd. fell 47% on a yearly basis to 83,792 units in Mar 2020.
According to media reports, total sales of bike maker Hero MotoCorp Ltd.
fell 42% on a yearly basis in Mar 2020. Total sold units for the month stood
at 3,34,647 units. Motorcycle sales fell 42.9% while sale of scooters fell
Asian markets witnessed a mixed trend with concerns over the economic
impact of the global coronavirus pandemic, continuing to weigh on investor
sentiment. Meanwhile, investors are drawing their attention towards
upcoming data which would help them gauge the overall health of the
global economy. Today (as on Apr 3) markets largely traded higher
supported by overnight recovery in global crude oil prices. Nikkei traded up
0.57%, while Hang Seng traded lower 0.89% (as at 8.a.m. IST), respectively.
European markets also rose following media reports that Saudi Arabia and
Russia may ease pressure on oil, ending a price war that has contributed to
crude’s massive plunge.
U.S. markets posted one of the week’s better days in gains as the recovery
in the oil prices soothed investors who had grown worried over financial
and job losses in the energy sector.
Markets for You