Global Indices 04-Jan Prev_Day Abs. Change
Russell 3000 1,923 1,953 -30 -1.53
Nasdaq 12,698 12,888 -190 -1.47
FTSE 6,572 6,461 111 1.72
27,444 27,568 -124 -0.45
Hang Seng 27,473 27,231 242 0.89
Indian Indices 04-Jan Prev_Day Abs. Change
S&P BSE Sensex 48,177 47,869 308 0.64
Nifty 50 14,133 14,019 114 0.82
Nifty 100 14,267 14,138 130 0.92
Nifty 500 11,692 11,575 117 1.01
Nifty Bank 31,212 31,226 -13 -0.04
S&P BSE Power 2,091 2,076 15 0.74
S&P BSE Small Cap 18,511 18,261 250 1.37
S&P BSE HC 22,054 21,855 199 0.91
Date P/E Div. Yield P/E Div. Yield
4-Jan 33.68 0.82 38.87 1.12
Month Ago 32.18 0.90 36.46 1.20
Year Ago 25.92 1.03 28.44 1.23
Nifty 50 Top 3 Gainers
Company 04-Jan Prev_Day
Tata Steel 693 643 7.76
Hindalco 254 238 6.69
NA 2656 2543 4.44
Nifty 50 Top 3 Losers Domestic News
Company 04-Jan Prev_Day
Hero Moto 3044 3103 -1.90
Kotak Bank 1966 1994 -1.43
Bajaj Finance 5216 5280 -1.21
Advance Decline Ratio
Advances 2081 1375
Declines 1012 604
Unchanged 161 88
Institutional Flows (Equity)
FII Flows* 1797
MF Flows** -46995
Jan 2021; **17
YoY(%) Current Year Ago
Data as on 01 Jan, 2021;
Data as on 30 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 with its journey upward with Sensex
surpassing the 48,000-mark. Positive development on the COVID-19 vaccine
front buoyed market sentiments. Indian government decided to approve
two vaccines namely, Serum Institute of India's Covidshield, and Bharat
Biotech's Covaxin for restricted use in an emergency situation. Additionally,
manufacturing PMI, remained in the expansion zone for fifth straight
month and stood at 56.4 in Dec, which also contributed to the upside.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.64% and
0.82% to close at 48,176.80 and 14,132.90 respectively.
• The overall market breadth on BSE was strong with 2,081 scrips advancing
and 1,012 scrips declining. A total of 161 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 5.34%
followed by S&P BSE Basic Materials, up 2.85% and S&P BSE IT, up 2.71%.
S&P BSE Bankex was the major loser, down 0.15% followed by S&P BSE
Consumer Durables, down 0.01%.
• The seasonally adjusted IHS Markit India Manufacturing Purchasing
Managers’ Index (PMI) rose slightly to 56.4 in Dec 2020 from 56.3 in Nov
2020 as manufacturers boosted production to meet increasing demand.
• According to a major rating agency, the credit quality of rated entities,
captured by Modified Credit Ratio, improved in the third quarter of FY21
amid favourable financial conditions in terms of scale of operations,
liquidity situation, capital structure, debt servicing parameters, and capital
• As per media reports, India's tax pie appears to have undergone a subtle
shift, with direct tax collections dropping dramatically as a consequence of
the COVID-19 carnage's disproportionate effect on revenues. The share of
indirect taxes, consisting mainly of levies on goods and services as well as
import duties, has increased, while the share of direct taxes, consisting of
corporate and personal income taxes, has decreased since 2020. Although
direct and indirect tax collections were not officially released by the
government, industry sources said that the share of indirect taxes in total
tax collections rose to approximately 56%, the highest for the time in more
than a decade. This follows a sharp fall in direct tax receipts of 26% - 27%.
• As part of the Economic Times Global Business Summit Unwired Version4.0,
panelists from six countries-Japan, Malaysia, the Philippines, Indonesia,
Singapore and India-participated in the Asian roundtable discussion. The
emphasis of the discussion was on the region's economic power, how to
further improve intra-regional trade and relationships, how different
governments have reacted to Covid-19 and the new investment
opportunities that start-ups in the region offer.
• Jindal Steel and Power Ltd (JSPL) posted a 30% and 25% increase in its
standalone production and sales, respectively, in Dec 2020. The company's
total production from its plants in India was at 7.27 lakh tonne (LT) in Dec,
up from 5.59 LT during the same month in 2019.
• Bajaj Auto reported 11% increase in total sales at 3,72,532 units in Dec
2020 as against 3,36,055 units sold in Dec 2019.
• Asian markets largely closed in the green with investor sentiments boosted
by private survey results of Chinese manufacturing PMI which expanded in
Dec albeit at a slower pace. However, gains were restricted after Prime
Minister of Japan declared a state of emergency in the greater Tokyo area
to curb the spread of the coronavirus. Today (as on Jan 05), Asian markets
fell following decline on the Wall Street overnight. Both Nikkei and Hang
Seng fell 0.18% and 0.35%, respectively (as at 8 a.m. IST).
• European markets rose on encouraging economic data from the euro area,
the U.K., and China, and on expectations about economic recovery amid
rollout of coivid-19 vaccines in several countries.
• U.S. markets opened on a positive note but soon declined rapidly due to
profit booking. Market participants were hesitant amid uncertainty ahead
of two key Senate elections in Georgia on Tuesday.