Global Indices 17-Dec Prev_Day Abs. Change
Russell 3000 1,936 1,918 19 0.98
Nasdaq 12,765 12,658 107 0.84
FTSE 6,551 6,571 -20 -0.30
Nikkei 26,807 26,757 49 0.18
Hang Seng 26,678 26,460 218 0.82
Indian Indices 17-Dec Prev_Day Abs. Change
S&P BSE Sensex 46,890 46,666 224 0.48
Nifty 50 13,741 13,683 58 0.42
Nifty 100 13,853 13,808 45 0.32
Nifty 500 11,346 11,320 26 0.23
Nifty Bank 30,847 30,698 149 0.48
S&P BSE Power 2,088 2,093 -4 -0.21
S&P BSE Small Cap 17,811 17,852 -41 -0.23
S&P BSE HC 21,320 21,305 16 0.07
Date P/E Div. Yield P/E Div. Yield
17-Dec 33.52 0.86 37.79 1.16
Month Ago 31.35 0.92 34.93 1.23
Year Ago 28.91 1.12 28.35 1.23
Nifty 50 Top 3 Gainers
Company 17-Dec Prev_Day
HDFC Ltd. 2495 2425 2.89
Divi's Lab 3825 3718 2.87
Bajaj Finance 5287 5147 2.72
Nifty 50 Top 3 Losers Domestic News
Company 17-Dec Prev_Day
Hindalco 246 251 -2.23
Adani Ports & SEZ 468 476 -1.64
Power Grid 193 196 -1.48
Advance Decline Ratio
Advances 1376 870
Declines 1605 1094
Unchanged 166 65
Institutional Flows (Equity)
FII Flows* 154470
MF Flows** -42210
Dec 2020; **15
YoY(%) Current Year Ago
Data as on 16 Dec, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 December 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
P/E Dividend Yield
• Indian equity markets rose with benchmark indices scaling new highs on the
back of positive global cues. Investors remained upbeat about the
prospects of U.S. COVID-19 fiscal stimulus package, while the U.S. Fed's
signal that it will keep pumping liquidity into the market also boosted
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.48% and
0.42% to close at 46,890.34 and 13,740.70 respectively.
• The overall market breadth on BSE was weak with 1,376 scrips advancing
and 1,605 scrips declining. A total of 166 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Finance was the major gainer, up 1.01%
followed by S&P BSE Capital Goods, up 0.74% and S&P BSE Realty, up
0.61%. S&P BSE Metal was the major loser, down 1.42% followed by S&P
BSE Oil & Gas, down 0.99% and S&P BSE Utilities, down 0.97%.
• The Securities and Exchange Board of India (Sebi) has paved the way for
technology start-ups to enter the mutual fund market by renouncing the
necessity of profitability, approving the abolition of the minimum promoter
contribution towards additional public offerings (FPO), and also easing
requirements for investing in insolvent firms.
• As per media reports, India has signed a $400 million loan agreement with
the World Bank to finance the country's social assistance programmes for
poor and vulnerable households impacted by the pandemic. The funding
would enhance social security initiatives at both central and state
government levels to allow for a more integrated approach by the two, and
was the second tranche of the World Bank's funding. India obtained a $750
million loan from the International Development Association for the first
such programme financind.
• According to the Minister of Petroleum, the government has planned an
investment of USD 60 billion to build the country's gas infrastructure by
2024, and the share of gas in the energy mix is projected to increase to 15%
by 2030. Gas currently accounts for 6% of the total energy mix of the
• According to the Centre for Monitoring Indian Economy, the declining
urban female labour participation rate in India fell to its lowest in Nov 2020
at 6.9% since the data was first computed in 2016. As urban women are
more educated and there are better employment opportunities in urban
India, this trend is against expectations.
• As per media reports, TVS Industrial and Logistics Parks, (TVS ILP), a 50:50
joint venture between TVS Supply Chain Solutions and Ravi Swaminathan
Associates, has announced that CDC Group will collect 'growth capital.' No
financials were disclosed by TVS ILP and the CDC.
• As per media reports, Coal India plans to replace 80-85 million tonnes of
imported dry fuel with more domestic supplies in the current fiscal year.
• Asian markets largely remained high with sentiments underpinned after
U.S. Federal Reserve signalled that it would keep easy policy in place until it
sees substantial progress in employment and inflation. Today (as on Dec
18), markets are trading mixed ahead to the Bank of Japan’s rate decision
and monetary policy statement, scheduled later during the day. While
Nikkei is trading flat, Hang Seng is down 0.39% (as at 8:00 AM IST).
• Majority of the European markets rose on the back of optimism about a
post-Brexit trade deal, and European Union lawmakers' approval for the
bloc's 1.8 trillion-euro stimulus package.
• U.S. markets went up amid positive developments on the COVID-19
stimulus package, with lawmakers hinting progress toward an agreement
on a new relief package.