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27 Aug 2020
Markets for You
Global Indices
Global Indices 26-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,808 1,772 36 2.01
Nasdaq 11,665 11,466 199 1.73
FTSE 6,046 6,037 9 0.14
Nikkei 23,291 23,297 -6 -0.03
Hang Seng 25,492 25,486 6 0.02
Indian Indices 26-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 39,074 38,844 230 0.59
Nifty 50 11,550 11,472 77 0.67
Nifty 100 11,694 11,626 69 0.59
Nifty 500 9,567 9,509 58 0.61
Nifty Bank 23,414 23,092 322 1.39
S&P BSE Power 1,740 1,740 -1 -0.05
S&P BSE Small Cap 14,973 14,871 102 0.69
S&P BSE HC 19,153 19,169 -16 -0.08
Date P/E Div. Yield P/E Div. Yield
26-Aug 28.27 0.98 32.64 1.45
Month Ago 25.37 1.02 29.35 1.43
Year Ago 26.21 1.24 27.36 1.34
Nifty 50 Top 3 Gainers
Company 26-Aug Prev_Day
% Change
#
Tata Motors 138 127 8.50
Hero Moto 3161 2970 6.43
IndusInd Bank 568 537 5.81
Nifty 50 Top 3 Losers Domestic News
Company 26-Aug Prev_Day
% Change
#
Bharti Airtel Limited 515 529 -2.68
UltraTech Cement Limited 4080 4172 -2.22
Britannia Industries Limited 3829 3897 -1.73
Advance Decline Ratio
BSE NSE
Advances 1661 1102
Declines 1187 782
Unchanged 173 118
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 32565
MF Flows** 23218
*26
th
Aug 2020; **25
th
Aug 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.93%
(Jul-20)
3.15%
(Jul-19)
IIP
-16.60%
(Jun-20)
1.30%
(Jun-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 25 Aug, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
27 August 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
Sensex
Nifty
-18.30%
(Mar-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
28
1754
7.22%
(Apr-20)
Indian equity markets edged higher after government hinted at a fresh set
of stimulus measures, including a review of GST on two-wheelers, once
COVID-19 subsides. There have been projections of an extended economic
downturn in the wake of the pandemic, which calls for additional stimulus
measures.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.59% and
0.67% to close at 39,073.92 and 11,549.60 respectively.
The overall market breadth on BSE was strong with 1,661 scrips advancing
and 1,187 scrips declining. A total of 173 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Energy was the major gainer, up 2.09%
followed by S&P BSE Auto, up 1.5% and S&P BSE Bankex, up 1.5%. S&P BSE
Telecom was the major loser, down 2.01% followed by S&P BSE Capital
Goods, down 0.44% and S&P BSE Basic Materials, down 0.19%.
According to a report from a major financial service company, government's
debt rose from 70% in FY18 to 75% of GDP in FY20 and is forecast to hit
91% in FY21. The company expects government debt to stay at more than
90% up to FY23 until FY30 gradually reduces to 80%. This surge in the debt-
to - GDP ratio of government would limit its ability to substantially increase
its spending and boost economic development in the decade of 2020, as it
has done in the past few years.
According to reports, digital transactions worth Rs. 7,092 trillion are
expected to be carried out by 2025, a 27% CAGR due to outbreak of Covid-
19, which would gradually lead to a change in consumer behaviour as they
tend more towards digital.
According to a report by Niti Aayog, Gujarat has topped the Niti Aayog's
Export Preparedness Index 2020 followed by Maharashtra and Tamil Nadu.
The CEO of Niti Aayog also mentioned that a key component for long-term
economic growth is rapid export growth. A favorable environment helps a
country to make a major contribution to global supply chains and benefit
internationally from interconnected production networks.
According to media reports, the government proposes to bring within the
scope of the proposed social security code at least half a dozen social
security schemes, including old age pension and insurance schemes. The
move aims to universalize by putting all current programs under one
umbrella without any extra costs to the exchequer and is projected to cover
more than 20% of the population's edge.
Bharat Petroleum Corporation has resumed work on as many as 2,118
projects involving a capital expenditure of around Rs. 50,300 crore over
three years. Of the total estimated capital investment, Rs. 9,597 crore is
targeted for FY21, of which it has already spent Rs 1,650 crore.
Joint managing director of TVS Motor said the government's proposed
goods and services tax (GST) rate cut decision is a welcome move and it will
certainly push the demand, if implemented.
Asian markets witnessed a mixed trend as investors remained on side-lines
ahead of U.S. Federal Reserve Chair 's speech on Aug 27 at the annual
Jackson Hole symposium for clues on the U.S. central bank's view on
inflation and monetary policy. Today (as on August 27), Asian markets were
mixed ahead of the upcoming comments from U.S. Federal Reserve
Chairman. Both Nikkei and Hang Seng were trading lower 0.17% and 0.20%,
respectively (as at 8 a.m. IST).
European markets rose amid optimism about progress in U.S.-China trade
talks and on hopes of stimulus. Germany's coalition parties' decided n to
extend economic measures at a cost of up to 10 billion euros and French
government is set to present its 100 billion euro stimulus plan next week.
U.S. markets rose partially due to optimism about the outlook for the U.S.
economy after upbeat durable goods orders in Jul 2020. A U.S.
biotechnology company announced promising results from a small trial of
its coronavirus vaccine candidate in elderly patients, added to the positive
sentiment.
Markets for You