MARKETS

BSE Prices delayed by 5 minutes... Prices as on Dec 06, 2019   ABB India 1444.6 [ 0.35% ]ACC 1482.15 [ -0.71% ]Ambuja Cements Ltd. 201 [ -0.20% ]Asian Paints Ltd. 1717.35 [ 0.15% ]Axis Bank Ltd. 717.55 [ -1.64% ]Bajaj Auto Ltd. 3205.85 [ -1.19% ]Bank of Baroda 97.15 [ -4.99% ]Bharti Airtel 444.75 [ -0.55% ]Bharat Heavy Ele 46.5 [ -4.62% ]Bharat Petroleum 488.3 [ -0.65% ]Britannia Ind. 3069 [ -0.51% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 455.6 [ -1.39% ]Coal India 191.65 [ -2.44% ]Colgate Palm. 1480.95 [ 2.08% ]Dabur India 463.25 [ -0.61% ]DLF Ltd. 218.25 [ -1.29% ]Dr. Reddy's Labs 2891.95 [ 0.76% ]GAIL (India) Ltd. 117.15 [ -3.38% ]Grasim Inds. 768.2 [ -0.10% ]HCL Technologies 560.2 [ -0.10% ]HDFC 2264 [ -2.64% ]HDFC Bank 1246.2 [ 0.06% ]Hero MotoCorp 2362.4 [ -1.43% ]Hindustan Unilever L 2025.5 [ -0.53% ]Hindalco Indus. 197.8 [ -0.28% ]ICICI Bank 524.75 [ -0.60% ]IDFC L 33.95 [ -1.02% ]Indian Hotels Co 148.25 [ 0.10% ]IndusInd Bank 1463.75 [ -3.05% ]Infosys 715.15 [ 0.07% ]ITC Ltd. 243.3 [ -1.46% ]Jindal St & Pwr 139.7 [ -0.85% ]Kotak Mahindra Bank 1674.3 [ 1.48% ]L&T 1290.3 [ -0.87% ]Lupin Ltd. 762.8 [ -2.15% ]Mahi. & Mahi 510.3 [ -2.73% ]Maruti Suzuki India 6881.35 [ -1.77% ]MTNL 8.56 [ -2.95% ]Nestle India 14159.5 [ -0.86% ]NIIT Ltd. 104.1 [ -0.57% ]NMDC Ltd. 110.4 [ 0.78% ]NTPC 112.55 [ -1.32% ]ONGC 126.6 [ -1.71% ]Punj. NationlBak 60.1 [ -3.53% ]Power Grid Corpo 186.55 [ -0.32% ]Reliance Inds. 1554.95 [ 0.30% ]SBI 319.8 [ -4.89% ]Vedanta 141.95 [ -0.35% ]Shipping Corpn. 58.45 [ 0.69% ]Sun Pharma. 428.5 [ -1.86% ]Tata Chemicals 663.9 [ -0.28% ]Tata Global Beverage 313.7 [ -0.54% ]Tata Motors Ltd. 161.5 [ -2.77% ]Tata Steel 402.95 [ 0.83% ]Tata Power Co. 53.5 [ -4.12% ]Tata Consultancy 2122.95 [ 0.07% ]Tech Mahindra Ltd. 758 [ -0.88% ]UltraTech Cement 4156.35 [ -0.09% ]United Spirits 593.2 [ -1.17% ]Wipro Ltd 240.95 [ -1.13% ]Zee Entertainment En 287.75 [ -4.15% ]

MARKET COMMENTARY

(Dec-06-2019 08:29)
Indian benchmarks are expected to start the day on a positive note on Friday.The RBI's Monetary Policy Committee surprised the street yesterday after voting unanimously to keep the policy repo rate unchanged at 5.15 per cent. The central bank also lowered sharply its FY20 GDP forecast to 5 per cent from 6.1 per cent.

The domestic market declined after the RBI's decision as investors worried over economic growth.

On Thursday, the 30-share benchmark index closed at 40779.59 down by -70.7 points or by -0.17 % and then NSE Nifty was at 12018.4 down by -24.8 points or by -0.21 %.

Investors will also take note of the oil prices which were trading near a two-month high after OPEC agreed to increase output curbs by nearly 50 per cent in early 2020. Brent futures were up 1 cent at $63.40.

Besides, market participants will look at stock-specific action, foreign fund flows, movement of rupee against the US dollar, and other global factors for further cues.

In a crucial development yesterday, the NSE on Thursday launched Nifty Bharat Bond Index series, which will track a portfolio of AAA-rated bonds issued by government entities. The first two indices in the series are for April 2023 and April 2030.

On the global front, Wall Street eked out slight gains on Thursday. The Dow Jones Industrial Average and the S&P 500 closed 0.5 per cent higher each, and the Nasdaq Composite added 0.05 per cent.

Asian stocks held firm on Friday. Japan's Nikkei rose 0.28 per cent and MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 per cent. Australian shares rose 0.2 per cent, while South Korea's Kospi rose 0.57 per cent

Back home, Top traded Volumes on NSE Nifty – YES Bank Ltd. 224990595.00, Zee Entertainment Enterprises Ltd. 49260051.00, ICICI Bank Ltd. 32354118.00, Tata Motors Ltd. 31787128.00, State Bank of India 30429507.00, On NSE, total number of shares traded was 179.71 Crore and total turnover stood at Rs. 34043.24 Crore.

The FIIs on 05/12/2019 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 5702.75 Crore and gross debt purchased stood at Rs. 1091.48 Crore, while the gross equity sold stood at Rs. 5507.30 Crore and gross debt sold stood at Rs. 1044.22 Crore. Therefore, the net investment of equity and debt reported were Rs. 195.45 Crore and Rs. 47.26
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