Global Indices
Global Indices 10-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,702 1,735 -33 -1.89
Nasdaq 10,920 11,142 -222 -1.99
FTSE 6,003 6,013 -10 -0.16
Nikkei 23,235 23,033 203 0.88
Hang Seng 24,314 24,469 -155 -0.64
Indian Indices 10-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 38,840 38,194 646 1.69
Nifty 50 11,449 11,278 171 1.52
Nifty 100 11,563 11,398 165 1.45
Nifty 500 9,420 9,290 130 1.40
Nifty Bank 22,466 22,267 199 0.89
S&P BSE Power 1,685 1,675 10 0.59
S&P BSE Small Cap 14,483 14,302 181 1.27
S&P BSE HC 18,769 18,722 47 0.25
Date P/E Div. Yield P/E Div. Yield
10-Sep 28.62 0.99 32.82 1.46
Month Ago 26.67 1.01 31.23 1.46
Year Ago 26.12 1.25 27.05 1.39
Nifty 50 Top 3 Gainers
Company 10-Sep Prev_Day
% Change
RIL 2314 2161 7.06
BPCL 430 406 6.00
Asian Paints 2057 1979 3.92
Nifty 50 Top 3 Losers Domestic News
Company 10-Sep Prev_Day
% Change
Bharti Infratel 200 210 -4.99
Hindalco 177 183 -3.36
Tata Steel 408 417 -2.25
Advance Decline Ratio
BSE NSE
Advances 1789 1291
Declines 922 566
Unchanged 165 99
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 31698
MF Flows** 18802
*10
th
Sep 2020; **9
th
Sep 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.93%
(Jul-20)
3.15%
(Jul-19)
IIP
-16.60%
(Jun-20)
1.30%
(Jun-19)
GDP
-23.90%
(Jun-20)
5.20%
(Jun-19)
[1]
Data as on 09 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 September 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
-18.30%
(Mar-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
-63
-960
7.22%
(Apr-20)
Indian equity markets surged mainly led by stock specific movement after
one of the market heavy-weights reported that its retail arm has secured
Rs. 7,500 crore investment from one of the U.S.-based private equity firm.
Overnight positive cues from U.S. markets too soothed investor nerves.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.69% and
1.52% to close at 38,840.32 and 11,449.25 respectively.
The overall market breadth on BSE was strong with 1,789 scrips advancing
and 922 scrips declining. A total of 165 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Energy was the major gainer, up 6.26%
followed by S&P BSE Oil & Gas, up 3.59% and S&P BSE Consumer
Discretionary Goods & Services, up 1.15%. S&P BSE Telecom was the major
loser, down 1.42% followed by S&P BSE Metal, down 0.87% and S&P BSE
Consumer Durables, down 0.03%.
The Supreme Court has extended loan repayment moratorium till Sep 28,
2020 that ended on Aug 31, 2020. The Supreme Court in this regard has
directed banks not to declare any loan as non performing asset due to non-
payment of instalments during the period.
A major domestic credit rating agency projected a contraction of 9% for the
Indian economy in the current fiscal, down from its previous estimate of a
contraction of 5% which it projected in May. The downgrade comes due to
consistent increase in coronavirus infection cases across the country which
hasn’t shown any sign of peaking and inadequate fiscal support by the
government. The rating agency expects the agriculture sector to clock a
positive growth of 2.5% in this fiscal on the back of good monsoon and
healthy sowing of kharif crops.
The Prime Minister launched Pradhan Mantri Matsya Sampada Yojana
(PMMSY) worth Rs. 25,000 crore. The objective of the move is to boost
production and exports in the fisheries sector and double the income of the
farmers. This is the highest investment made ever by the government in the
fisheries sector. The Prime Minister also launched a mobile app “e-Gopala”
that will provide solutions to farmers on issues related to livestock.
The National Bank for Agriculture and Rural Development (NABARD) aims
to disburse crop loan to farmers worth Rs. 1.20 lakh crore for meeting their
production expenses this fiscal. The objective of the move is to provide
support to the agriculture sector amid the ongoing COVID-19 pandemic.
Indiabulls Housing Finance has sold a portion of its interest in U.K.-based
OakNorth Bank to Boston-based investment company HighSage Ventures
LLC for Rs. 440 crore and will use the proceeds to raise its capital adequacy
ratio.
Groww, the investment platform announced that it has raised Rs. 220 crore
from established investors Sequoia India, Ribbit Capital, Propel ventures
and a new investor YC Consistency in the Series C funding round.
Asian markets witnessed a mixed trend as positive vibes generated from
overnight gains in Wall Street was neutralised by caution ahead to the
European Central Bank's monetary policy decision due later in the day.
Today (as on Sep 11), markets are trading higher despite overnight losses in
Wall Street. Both Nikkei and Hang Seng are up 0.30% and 0.16% (as at 8:00
AM IST), respectively.
European markets fell after European Central Bank kept interest rates
unchanged and said it expected the euro zone to suffer a smaller recession
than it had feared.
U.S. markets closed in the red after the Senate Republicans failed to
advance a new coronavirus stimulus bill.
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