Global Indices
Global Indices 11-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,693 1,702 -9 -0.51
Nasdaq 10,854 10,920 -66 -0.60
FTSE 6,032 6,003 29 0.48
Nikkei 23,406 23,235 171 0.74
Hang Seng 24,503 24,314 190 0.78
Indian Indices 11-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 38,855 38,840 14 0.04
Nifty 50 11,464 11,449 15 0.13
Nifty 100 11,590 11,563 27 0.23
Nifty 500 9,446 9,420 26 0.28
Nifty Bank 22,480 22,466 14 0.06
S&P BSE Power 1,690 1,685 5 0.27
S&P BSE Small Cap 14,558 14,483 75 0.52
S&P BSE HC 18,834 18,769 65 0.34
Date P/E Div. Yield P/E Div. Yield
11-Sep 28.45 0.99 32.86 1.46
Month Ago 26.93 1.00 31.37 1.46
Year Ago 26.20 1.24 27.13 1.39
Nifty 50 Top 3 Gainers
Company 11-Sep Prev_Day
% Change
Wipro 293 285 3.08
SBI 203 198 2.30
Tech Mahindra 765 750 2.02
Nifty 50 Top 3 Losers Domestic News
Company 11-Sep Prev_Day
% Change
Zee Ente. 218 223 -2.26
IndusInd Bank 610 620 -1.63
Power Grid 175 178 -1.38
Advance Decline Ratio
BSE NSE
Advances 1375 982
Declines 1301 869
Unchanged 196 99
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 32618
MF Flows** 18935
*11
th
Sep 2020; **9
th
Sep 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.93%
(Jul-20)
3.15%
(Jul-19)
IIP
-10.40%
(Jul-20)
4.90%
(Jul-19)
GDP
-23.90%
(Jun-20)
5.20%
(Jun-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 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
-57.60%
(Apr-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
69
920
7.22%
(Apr-20)
Indian equity markets witnessed modest gains after India and China agreed
on a five-point plan for resolving the prolonged border face-off in eastern
Ladakh that included abiding by all existing agreements and protocol on
management of the frontier, maintaining peace and tranquillity and
avoiding any action that could escalate matters.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.04% and
0.13% to close at 38,854.55 and 11,464.45 respectively.
The overall market breadth on BSE was strong with 1,375 scrips advancing
and 1,301 scrips declining. A total of 196 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Realty was the major gainer, up 1.31%
followed by S&P BSE IT, up 1.15% and S&P BSE Consumer Durables, up
0.87%. S&P BSE Telecom was the major loser, down 0.97% followed by S&P
BSE Utilities, down 0.07%.
India’s Index of Industrial production (IIP) fell sharply by 10.4% YoY in Jul
2020 but slower than 15.8% decline in Jun 2020. Output contracted for the
fifth straight month. Manufacturing that accounts for 78% of the IIP,
output contracted 11% in Jul 2020, better than 15.9% fall. Mining and
electricity generation output fell 13% and 2.5%, respectively.
India's economic growth would contract 11.5% in FY21 due to the
coronavirus pandemic. For FY22, economy is projected to growth 10.6%,
rating agency Moody’s said. India’s credit profile increasingly constrained by
low growth, high debt burden and a weak financial system, said the agency.
The Reserve Bank of India (RBI) circular issued new guidelines for the
appointment of chief compliance officer (CCO) in banks. The guidelines to
ensure uniform approach with regard to compliance and risk management
culture across the banking industry. The CCO should be appointed for a
minimum fixed period of three years in the rank of a general manager or
not below two levels of the rank of CEO.
Public sector banks have sanctioned over 90% loans under the PM Street
Vendor's AatmaNirbhar Nidhi scheme launched on June 1 to help
registered street vendors restart their business post the Covid-19
lockdown. Under the scheme, street vendors of urban areas get collateral-
free loan of up to Rs 10,000 for a period of one year.
BHEL's consolidated net loss widened to Rs. 893.14 crore for the quarter
ended June 2020 as against net loss of Rs. 218.93 crore in the quarter
ended Jun 2019. The losses rose as coronavirus-induced lockdown had an
adverse impact on its operations.
The promoter of Hexaware Technologies HT Global IT Solutions Holdings
has made use of USD 600 million by pledging the company's more than 18
crore shares, which are expected to be voluntarily withdrawn from the
stock exchanges.
Asian markets largely remained positive as investors tracked the regional
technology stock movements following a decline in the stocks of the
counterparts in Wall Street. However, gains were restricted amid a recent
rise in tensions between the U.K. and EU. Today (as on Sep 14), markets are
trading higher tracking gains in the shares of one of the Japanese
multinational conglomerates following an announcement of its sale of U.K.
chip designer arm to one of the U.S. chip firms. Both Nikkei and Hang Seng
are up 0.62% and 0.65%, respectively.
Majority of the European markets advanced following announcement from
Britain that it has secured its first major trade deal post-Brexit, agreeing to
a tentative free trade deal with Japan.
U.S. markets edged higher amid cautious trade as investors preferred to
pick up beaten down stocks at relatively attractive valuation. Nonetheless,
significant volatility over past few sessions kept investors on tenterhooks.
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