Global Indices
Global Indices 06-Nov Prev_Day Abs. Change
% Change
Russell 3000 1,842 1,840 2 0.11
Nasdaq 11,895 11,891 4 0.04
FTSE 5,910 5,906 4 0.07
Nikkei 24,325 24,105 220 0.91
Hang Seng 25,713 25,696 17 0.07
Indian Indices 06-Nov Prev_Day Abs. Change
% Change
S&P BSE Sensex 41,893 41,340 553 1.34
Nifty 50 12,264 12,120 143 1.18
Nifty 100 12,349 12,218 131 1.07
Nifty 500 10,034 9,935 98 0.99
Nifty Bank 26,799 26,313 486 1.85
S&P BSE Power 1,773 1,766 7 0.42
S&P BSE Small Cap 15,218 15,136 82 0.54
S&P BSE HC 19,653 19,774 -121 -0.61
Date P/E Div. Yield P/E Div. Yield
6-Nov 29.26 0.96 33.09 1.29
Month Ago 28.95 0.98 33.90 1.36
Year Ago 27.73 1.14 27.71 1.25
Nifty 50 Top 3 Gainers
Company 06-Nov Prev_Day
% Change
Bajaj Finserv Limited 6286 6055 3.82
RIL 2029 1955 3.79
IndusInd Bank 739 714 3.39
Nifty 50 Top 3 Losers Domestic News
Company 06-Nov Prev_Day
% Change
Maruti 6908 7093 -2.61
GAIL 86 87 -1.89
Bharti Airtel 450 457 -1.62
Advance Decline Ratio
BSE NSE
Advances 1477 1132
Declines 1148 719
Unchanged 194 140
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 54451
MF Flows** 3234
*6
th
Nov 2020; **2
nd
Nov 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.34%
(Sep-20)
3.99%
(Sep-19)
IIP
-8.00%
(Aug-20)
-1.40%
(Aug-19)
GDP
-23.90%
(Jun-20)
5.20%
(Jun-19)
[1]
Data as on 05 Nov, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 November 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
-33.40%
(May-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
-52
5403
6.23%
(Jun-20)
Indian equity markets went up, led by positive global sentiment from the
U.S. presidential election, expectations of U.S. Fed open market operation
and hopes of improving economic activities. Worries over increasing COVID-
19 cases took a backseat amid strong performance in some of the key
sectors like banking and IT.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.34% and
1.18% to close at 41,893.06 and 12,263.55 respectively.
The overall market breadth on BSE was strong with 1,477 scrips advancing
and 1,148 scrips declining. A total of 194 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Energy was the major gainer, up 3.16%
followed by S&P BSE Bankex, up 1.85% and S&P BSE Finance, up 1.83%. S&P
BSE Telecom was the major loser, down 0.92% followed by S&P BSE
Healthcare, down 0.61% and S&P BSE FMCG, down 0.16%.
Data from capital market regulator Securities and Exchange Board of India
showed that companies raised Rs. 4.42 lakh crore through issuance of
bonds on private placement basis for the first seven months for the period
from Apr to Oct of 2020. This corresponds to an increase of 28% compared
to the same period of the previous year when companies raised Rs. 3.45
lakh crore.
Data from RBI showed that India's foreign exchange reserves rose for the
fifth consecutive week to hit a fresh record high of $560.53 billion for the
week ended Oct 30, 2020 as compared to the previous week ended Oct 23,
2020.
The Finance Minister underlined the importance of digitization for making a
better assessment of the economic growth of the country. The minister on
this note urged the tax practitioners to suggest to their clients to shift
towards digital payments.
SEBI gave approval to unlisted infrastructure investment trusts to raise
funds through right issues. The objective of the move is to make the
process easier for raising funds. The rights issue will remain open for a
period of at least three working days and up to 15 days. The minimum
allotment to any investor shall be Rs. 1 crore. On a separate note, SEBI
restored the normal cut off timings for mutual funds that had been revised
during the lockdown due to the COVID-19 pandemic.
India Cements' profit rose to Rs 71.43 crore in the quarter ended Sep 2020
from Rs 8.72 crore in same quarter last year. Revenue of the company fell
14% YoY to Rs 1,069.72 crore in the quarter ended Sep 2020 from Rs
1,245.72 crore in the same quarter last year.
Bank of India reported 97.7% growth in net profit at Rs. 526 crore for the
quarter ended Sep 2020 as against Rs. 266 crore in the quarter ended Sep
2019. The rise in net profit came due to increase in net interest income (NII)
and an uptick in non-interest income.
Asian markets largely closed in the green as investors continued to track
the U.S. presidential election wherein Democratic nominee is edging closer
to victory. Nonetheless, gains were restricted as vote counting extended
into its third day. Today (as on Nov 9), markets are trading higher with
investors taking positive cues from the former U.S. Vice President’s
projected win in the states of Pennsylvania and Nevada during the ongoing
U.S. presidential election. Both Nikkei and Hang Seng are up 1.47% and
1.73% (as at 8:00 AM IST), respectively.
European markets went down as investors booked profits after recent
string of gains and focused on the updates of COVID-19 cases.
U.S. markets closed largely lower owing to profit booking following the
strong upward move seen over the past several sessions. However, the
downturn was restricted by report from the Labor Department showing
stronger than expected job growth in Oct.
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