Global Indices
Global Indices 19-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,781 1,812 -31 -1.69
Nasdaq 11,479 11,672 -193 -1.65
FTSE 5,885 5,920 -35 -0.59
Nikkei 23,671 23,411 261 1.11
Hang Seng 24,542 24,387 155 0.64
Indian Indices 19-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 40,432 39,983 449 1.12
Nifty 50 11,873 11,762 111 0.94
Nifty 100 11,953 11,843 110 0.93
Nifty 500 9,709 9,626 83 0.86
Nifty Bank 24,267 23,533 734 3.12
S&P BSE Power 1,629 1,616 13 0.83
S&P BSE Small Cap 14,851 14,787 64 0.44
S&P BSE HC 19,743 19,916 -174 -0.87
Date P/E Div. Yield P/E Div. Yield
19-Oct 29.38 0.99 34.43 1.34
Month Ago 28.56 0.99 32.98 1.42
Year Ago 27.51 1.17 26.94 1.28
Nifty 50 Top 3 Gainers
Company 19-Oct Prev_Day
% Change
ICICI Bank 417 396 5.30
Axis Bank 493 472 4.35
Nestle India Limited 16093 15430 4.30
Nifty 50 Top 3 Losers Domestic News
Company 19-Oct Prev_Day
% Change
Divi's Lab 3093 3223 -4.01
NA 2198 2270 -3.16
Hero Moto 3249 3346 -2.92
Advance Decline Ratio
BSE NSE
Advances 1454 1077
Declines 1192 798
Unchanged 171 111
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 36826
MF Flows** 13660
*19
th
Oct 2020; **12
th
Oct 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 16 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 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
Indices Performance
P/E Dividend Yield
Sensex Nifty
-33.40%
(May-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
-665
-9
6.23%
(Jun-20)
Indian equity markets edged higher led by positive cues generated from
upbeat quarterly earning number reported by one of the major private
sector lenders. The news raised hopes of similar quarterly earnings from
other banks. Investor sentiment was also lifted by hopes of a U.S. stimulus
package before the Presidential election and expectations of a COVID-19
vaccine by year-end.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.12% and
0.94% to close at 40,431.60 and 11,873.05 respectively.
The overall market breadth on BSE was strong with 1,454 scrips advancing
and 1,192 scrips declining. A total of 171 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 3.35%
followed by S&P BSE Finance, up 2.63% and S&P BSE Oil & Gas, up 1.82%.
S&P BSE Auto was the major loser, down 1.12% followed by S&P BSE
Healthcare, down 0.87% and S&P BSE Telecom, down 0.66%.
As per media reports, the finance minister has asked officials to ensure
that, by the end of Dec 2020, 14 state-owned companies would invest 75%
of their capital expenditure for the year 2020. This is being done to sustain
the pace of capital and infrastructure projects in a bid to soften the
economic blow from pandemic.
The Minister of State for Agriculture has launched the 'Ayushman Sahakar'
scheme under the National Cooperative Development Corporation (NCDC)
to help cooperatives contribute to the development of health
infrastructure in the country. NCDC would lend Rs 10,000 crore for the
purpose.
Further relaxation in compliance for small taxpayers for the FY20 has been
established by the Central Board of Indirect Taxes and Customs (CBIC). The
requirement to file annual return in GSTR-9 by taxpayers having aggregate
turnover up to Rs. 2 crore has been made optional for FY20.
As per media reports, in the recently enacted farm law (Farmers
(Empowerment and Protection) Agreement on Price Assurance and Farm
Services Act, 2020), which is relevant to contract farming, the government
has adopted time-bound rules and procedures for dispute resolution. The
sub-divisional magistrate will settle the conflict in compliance with the
notified rules by establishing a conciliation board with equal representation
from both sides. The conciliation process should be completed within 30
days after the date of the conciliation board's appointment. If the
conciliation board fails to settle the conflict, either party will contact the
sub-divisional authority, which, after a fair hearing, will have to decide the
case within 30 days of filing the appeal.
The Kalrock Capital-Murari Lal Jalan consortium has proposed to re-launch
Jet Airways as a full-service carrier, with an initial investment of Rs. 1,000
crore.
Promoter of crisis-hit mortgage lender DHFL, Kapil Wadhawan, wrote to
RBI-appointed administrator on Oct 17 to offer his personal and family
properties, which he claims are worth Rs. 43,000 crore, for repayment of
outstanding loans of lenders to the company.
Asian markets largely closed in the green amid hopes for a new U.S.
stimulus package before the U.S. Presidential election and expectations of
a COVID-19 vaccine by year-end. However, gains were restricted by data
showing China's economy expanded at a slower rate than expected in Jul-
Sep of 2020. Today (as on Oct 20), markets are trading mixed as investors
await China’s benchmark lending rate for Oct. Both Nikkei and Hang Seng
are down 0.05% and 0.08% (as at 8:00 AM IST), respectively.
European markets went down, dragged by persisting worries about rising
coronavirus cases and uncertainty about a Brexit deal. A slower than
expected pace of China's economic growth in the third quarter too played
spoilsport.
U.S. markets closed in the red amid uncertainty about whether U.S.
policymakers will reach an agreement on a new stimulus bill.
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