Global Indices
Global Indices 28-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,730 1,702 27 1.61
Nasdaq 11,118 10,914 204 1.87
FTSE 5,928 5,843 85 1.46
Nikkei 23,512 23,205 307 1.32
Hang Seng 23,476 23,235 241 1.04
Indian Indices 28-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 37,982 37,389 593 1.59
Nifty 50 11,228 11,050 177 1.60
Nifty 100 11,365 11,176 189 1.69
Nifty 500 9,330 9,156 174 1.90
Nifty Bank 21,666 20,982 683 3.26
S&P BSE Power 1,667 1,613 55 3.40
S&P BSE Small Cap 14,863 14,496 368 2.54
S&P BSE HC 19,837 19,406 430 2.22
Date P/E Div. Yield P/E Div. Yield
28-Sep 27.78 1.02 32.63 1.41
Month Ago 28.98 0.96 32.92 1.43
Year Ago 27.25 1.19 26.52 1.30
Nifty 50 Top 3 Gainers
Company 28-Sep Prev_Day
% Change
IndusInd Bank 555 515 7.82
Bajaj Finance 3335 3139 6.25
Axis Bank 439 415 5.83
Nifty 50 Top 3 Losers Domestic News
Company 28-Sep Prev_Day
% Change
HUL 2063 2079 -0.76
Wipro 312 314 -0.75
Nestle India Limited 15720 15737 -0.11
Advance Decline Ratio
BSE NSE
Advances 1933 1447
Declines 748 459
Unchanged 167 93
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 28888
MF Flows** 16181
*28
th
Sep 2020; **24
th
Sep 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.69%
(Aug-20)
3.28%
(Aug-19)
IIP
-10.39%
(Jul-20)
4.90%
(Jul-19)
GDP
-23.90%
(Jun-20)
5.20%
(Jun-19)
[1]
Data as on 25 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 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
-57.30%
(Apr-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
-1633
-3225
6.27%
(May-20)
Indian equity markets rose tracking positive global cues. Investors took
positive cues after data showed that China’s economic recovery was gaining
momentum. Traders are also banking on further stimulus and other
measures by the government to boost the economy.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.59% and 1.6%
to close at 37,981.63 and 11,227.55 respectively.
The overall market breadth on BSE was strong with 1,933 scrips advancing
and 748 scrips declining. A total of 167 scrips remained unchanged.
On the BSE sectoral front, all sectors gained. S&P BSE Power was the major
gainer, up 3.4%, followed by S&P BSE Bankex and S&P BSE Auto, up 3.38%
and 3%, respectively. S&P BSE Realty and S&P BSE Utilities gained 2.98%
and 2.85% respectively.
The Reserve Bank of India (RBI) has announced that it has postponed its
monetary policy committee meeting which was scheduled on Sep 29, 30
and Oct 1. The revised dates will be notified later.
As per media reports, the Ministry of Road Transport and Highways has
approved the use of hydrogen-enriched compressed natural gas (H-CNG,
which is an 18% hydrogen mixture) in CNG engines in a move aimed at
wider acceptance of alternative renewable fuels for transport.
India's combined fiscal deficit was pegged by a domestic rating agency at
13%-13.4% of gross domestic product (GDP) for FY21 even as no further
fiscal stimulus was presumed. According to the agency, although the deficit
of the Centre is projected to hit Rs. 17.8 lakh crore against the Rs. 8 lakh
crore goal, the states are likely to report a deficit of Rs. 7.73 lakh crore over
the Rs. 6.35 lakh crore budgeted.
The Union Government defended its decision to ease the retrenchment
requirements for companies in the labour codes approved by Parliament,
stating that it was unnecessary to have current clauses in the law requiring
government authorisation. In addition, the government defended its
decision to implement fixed-term jobs, maintaining that the existing
method of employing employees through contractors is exploitative.
TAJGVK Hotels and Resorts said that, due to the Covid-19 pandemic, a
major domestic credit rating agency has downgraded the credit scores of
its long-term loans and short-term credit facilities due to revenue and
margin declines in FY21.
Paytm announced that Paytm Money, its wholly owned subsidiary, has
opened up access to stockbroking for everyone in the world. With an
emphasis on first-time users from small towns and suburbs, the company is
targeting a million investors.
Asian markets advanced with investors taking positive cues from upbeat
industrial profit data of China for Aug, which pointed towards continued
recovery in the world's second-largest economy. Today (as on Sep 29),
markets are trading mixed as investors are awaiting the Hong Kong debut
of logistics firm. While, Nikkei is down 0.49%, Hang Seng is up 0.46% (as at
8:00 AM IST).
European markets went up as notable increase in China's industrial profits
in Aug, and optimism about a potential new coronavirus relief package in
the U.S. buoyed market sentiments.
U.S. markets closed in the green, benefitted from optimism about a new
coronavirus bill after House Speaker said a new package is still possible.
Markets for You