Global Indices 05-Oct Prev_Day Abs. Change
Russell 3000 1,764 1,728 36 2.10
Nasdaq 11,332 11,075 257 2.32
FTSE 5,943 5,902 41 0.69
Nikkei 23,312 23,030 282 1.23
Hang Seng 23,768 23,459 309 1.32
Indian Indices 05-Oct Prev_Day Abs. Change
S&P BSE Sensex 38,974 38,697 277 0.71
Nifty 50 11,503 11,417 86 0.76
Nifty 100 11,626 11,546 80 0.69
Nifty 500 9,516 9,462 55 0.58
Nifty Bank 22,371 22,246 125 0.56
S&P BSE Power 1,661 1,663 -3 -0.15
S&P BSE Small Cap 15,028 14,970 58 0.38
S&P BSE HC 20,172 19,886 286 1.44
Date P/E Div. Yield P/E Div. Yield
5-Oct 28.56 1.00 33.43 1.38
Month Ago 28.21 1.00 32.49 1.48
Year Ago 26.43 1.23 25.75 1.34
Nifty 50 Top 3 Gainers
Company 05-Oct Prev_Day
TCS 2706 2523 7.23
Wipro 334 313 6.68
Tata Steel 382 365 4.75
Nifty 50 Top 3 Losers Domestic News
Company 05-Oct Prev_Day
Bajaj Finserv Limited 5881 6054 -2.85
Shree Cements Limited 20132 20611 -2.33
Bharti Airtel 424 432 -1.83
Advance Decline Ratio
Advances 1464 1041
Declines 1256 862
Unchanged 185 108
Institutional Flows (Equity)
FII Flows* 29943
MF Flows** 17914
Oct 2020; **1
YoY(%) Current Year Ago
Data as on 01 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 October 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 closed in the green, led by strong buying in the IT
sector after one of the industry majors announced a share buyback plan
amid expectation of strong earnings in the Jul – Sep quarter of the current
fiscal (Q2FY21). Global cues too supported gains following news of health
improvement of the U.S. President, which eased some of the political
uncertainty caused by his coronavirus infection.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.71% and
0.76% to close at 38,973.70 and 11,503.35 respectively.
• The overall market breadth on BSE was strong with 1,464 scrips advancing
and 1,256 scrips declining. A total of 185 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 4.06%
followed by S&P BSE Teck, up 3.23% and S&P BSE Metal, up 2.31%. S&P BSE
Telecom was the major loser, down 1.28% followed by S&P BSE Utilities,
down 0.51% and S&P BSE Consumer Durables, down 0.47%.
• The Goods and Services Tax (GST) Council meeting finalised that from Jan 1,
2021, small taxpayers with annual turnover less than Rs. 5 crore will not be
required to file monthly returns. This will reduce their compliance burden
from filing 24 returns to 8 returns.
• According to CMIE, investment proposals worth Rs. 58,700 crore were
made by the Centre and state governments for the creation of new
capacities during Sep quarter of FY21, compared with around Rs. 69,000
crore in the previous quarter, and Rs. 3.94 lakh crore, in the corresponding
quarter of last year.
• Data on ECB/FCCB released by the Reserve Bank of India showed, foreign
borrowings by Indian companies dropped by over 47% YoY in Aug 2020 to
$1.75 billion compared with a borrowing of $3.32 billion in August 2019.
Out of the total borrowings, USD 1.61 billion was raised through external
commercial borrowings (ECB), and remaining $145.74 million was raised by
issuing rupee denominated bonds (RDBs) or masala bonds.
• The central government has paid Rs. 1,082.464 crore to 41,084 farmers for
procurement of paddy on Minimum Support Price (MSP). The paddy
procurement for FY21 has begun across the procuring states and as on Oct
3, 2020, cumulative procurement of Paddy in Kharif Marketing Season
2020-21 is 5,73,339 MT.
• Dr. Reddy's Laboratories said it was committed to reduce its emissions of
greenhouse gases by 55% by 2030. The pharma major has partnered with
the Science Based Targets (SBTi) initiative, becoming the first
pharmaceutical company in India and the third in Asia to set science-based
targets to further mitigate environmental effects.
• Infosys said that the acquisition of GuideVision, an enterprise service
management firm specialising in strategic planning, planning,
implementation, training and support on the ServiceNow network, based in
the Czech Republic, has been completed. Through the acquisition, Infosys is
further enhancing its digital capabilities, expanding the cloud services
portfolio of Infosys Cobalt and reaffirming its commitment to the growing
ecosystem of ServiceNow.
• Asian markets closed in the green as reports of U.S. President 's improving
health eased some of the political uncertainty surrounding the U.S.
presidential election in Nov. Optimistic statements by key U.S. officials
related to a new $2.2 trillion stimulus proposal also helped underpin
investor sentiment. Today (as on Oct 6) markets are trading high with
investors focusing on the health of the U.S. President as he left the hospital
to return to the White House, where he will continue being treated for the
coronavirus. Both Nikkei and Hang Seng are up 0.35% and 0.37%,
• European markets closed in the green as prospects of U.S. President's early
discharge from hospital, and optimism about a new U.S. coronavirus relief
package boosted the risk appetite of the investors.
• U.S. markets went up, as investor sentiments were buoyed by positive
reports about U.S. President's health. Faster than expected growth in U.S.
service sector in Sep too contributed to the upside.