Global Indices 07-Dec Prev_Day Abs. Change
Russell 3000 1,898 1,891 7 0.37
Nasdaq 12,520 12,464 56 0.45
FTSE 6,555 6,550 5 0.08
Nikkei 26,547 26,751 -204 -0.76
Hang Seng 26,507 26,836 -329 -1.23
Indian Indices 07-Dec Prev_Day Abs. Change
S&P BSE Sensex 45,427 45,080 347 0.77
Nifty 50 13,356 13,259 97 0.73
Nifty 100 13,498 13,397 101 0.76
Nifty 500 11,070 10,979 91 0.83
Nifty Bank 30,212 30,052 159 0.53
S&P BSE Power 2,084 2,084 0 0.00
S&P BSE Small Cap 17,543 17,317 225 1.30
S&P BSE HC 21,306 20,977 328 1.57
Date P/E Div. Yield P/E Div. Yield
7-Dec 32.39 0.89 36.73 1.19
Month Ago 29.26 0.96 33.09 1.29
Year Ago 28.39 1.14 27.78 1.25
Nifty 50 Top 3 Gainers
Company 07-Dec Prev_Day
United Phos 476 456 4.44
Adani Ports & SEZ 472 454 3.92
HUL 2256 2184 3.29
Nifty 50 Top 3 Losers Domestic News
Company 07-Dec Prev_Day
Nestle India Limited 17563 17829 -1.49
JSW Steel 365 370 -1.46
Kotak Bank 1821 1846 -1.39
Advance Decline Ratio
Advances 2045 1412
Declines 938 532
Unchanged 184 86
Institutional Flows (Equity)
FII Flows* 127924
MF Flows** -31434
Dec 2020; **4
YoY(%) Current Year Ago
Data as on 04 Dec, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI from 2010
• Indian equity markets continued to rally with Sensex settling above the
45,000-mark, largely led by growing foreign institutional fund inflow in the
domestic bourses. News of progress in coronavirus vaccines further
boosted investor sentiments.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.77% and
0.73% to close at 45,426.97 and 13,355.75 respectively.
• The overall market breadth on BSE was strong with 2,045 scrips advancing
and 938 scrips declining. A total of 184 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 2.78%
followed by S&P BSE FMCG, up 1.6% and S&P BSE Healthcare, up 1.57%.
S&P BSE Consumer Durables was the major loser, down 0.45% followed by
S&P BSE Realty, down 0.27%.
• The National Stock Exchange launched weekly futures and options
contracts on three currency pairs-- Euro-Indian Rupee, Japanese Yen- Indian
Rupee and Pound Sterling-Indian Rupee. Apart from reducing time related
costs, the weekly derivatives on currency pairs will help market participants
hedge their currency exposure from short term market movements.
• According to media reports, the government is considering coming out with
a new policy on Petroleum, Chemicals and Petrochemicals Investment
Region (PCPIR). The objective of the move is to make India a global hub for
petroleum, chemicals and petrochemicals processing and manufacturing by
attracting an investment of Rs. 20 lakh crore by 2035. In the new policy, the
size of each investment region is expected to be reduced significantly from
250 sq km to 50 sq km with a specific cluster integration strategy.
• According to the Gem and Jewellery Export Promotion Council of India
(GJEPC), the total shipments of gem and jewellery may reach Rs. 1.6 lakh
crore in FY21. GJEPC attributed it to improvement in demand and export
market conditions. GJEPC further added that several measures taken by the
government namely the extension of time limit for export credit available
on the gold loan, on interest subvention, extension of moratorium on
interest and EMI payments have provided support to the industry.
• The Cotton Association of India (CAI) has revised its cotton export estimate
for 2020-21 downward by 10% to 5.4 million bales of 170 kilograms each.
The downgrade comes as Indian cotton is no longer the cheapest in the
world due to increase in domestic prices. Meanwhile global cotton prices
came down by about 4%.
• Hindalco Industries Limited announced that it plans to invest Rs. 730 crore
in the establishment of a Silvassa extrusion plant of 34,000 tonnes.
• Larsen & Toubro (L&T) said it has won multiple orders to supply the coal,
cement and iron ore sectors with mining equipment.
• Asian markets witnessed a mixed trend as positive cues from the upbeat
Chinese exports data for Nov was neutralised by rising COVID-19 cases in
U.S. and rising tensions between Washington and Beijing. Today (as on Nov
08), Asian markets traded mixed as investors remained cautious over rising
coronavirus cases, U.S. stimulus negotiations as well as Brexit talks. Both
Nikkei and Hang Seng fell 0.28% and 0.10%, respectively (as at 8 a.m. IST).
• European markets remained mixed as market participant’s appetite for risk
exhausted on rising U.S.-China tensions and continued uncertainty over a
Brexit trade deal. As per reports, the U.S. government is preparing to
sanction at least a dozen more Chinese officials over their role in the recent
disqualification of Hong Kong legislators.
• U.S. markets also closed on a mixed note as market participants seemed
unwilling to take significant positions after the major indices reached
record closing highs last Friday. Investors awaiting for any further
developments regarding a potential stimulus bill.