Economy / Market Snapshot

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in May, 2020

Indian Markets lost about 2% last month. As I write today, Nifty is nearing the 10,000 mark; On the sectoral indices, Bank Nifty lost 10% and IT lost about 0.50%.Auto and Pharma gained 5% each and FMCG gained 2%. FII’s invested 11,800 crores in the equity market while Domestic Institutions invested about 2,700 crores in the equity market.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in April, 2020

Financial Year 2020-2021 began with the lock down erasing a complete month in our history; No business could take place except for the testing and hospitalization of Covid patients and availability of essentials like vegetables, fruits and other essentials in the market. All of us learnt to live and work from home.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in March, 2020

Indian Markets lost an unprecedented 23% last month with the Coronavirus spreading across the World and creating a panic in all the markets. On the sectoral indices, Bank Nifty lost about 34%, Auto 31%, IT 16% and FMCG/Pharma at about 5%. FII’s pulled out 58,600 crores from the equity market while Domestic Institutions had invested Rs.26,350 crores.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in February, 2020

Indian Markets lost 6% last month with the Coronavirus spreading all over and creating panic on the global economy. Auto took the maximum brunt with a loss of 14% with the other sectors losing as high as 6%.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in January, 2020

Indian Markets lost around 1.50% last month after reaching all-time high. IT gained by 3%, FMCG by 2% and Pharma by 1% while Bank Nifty lost about 4% and Auto about 2%.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in December, 2019

Indian Markets registered a gain of 1% last month taking the markets to another all time high. IT gained by 4%, Auto by 2%, Bank Nifty by 0.50% while Pharma and FMCG lost about 2%.FII’s pumped in 7,400 crores in the equity market while Domestic Funds sold about 2,000 crores.

Dear Colleagues

I am pleased to attach the Economy / Market Snapshot covering all the major events in November, 2019

Indian Markets registered a gain of 1.50% last month taking the markets to all time high. Nifty crossed 12,000 mark yet again. Bank Nifty gained about 6%. Pharma and FMCG gained 4%, IT, Auto and FMCG lost about 4% last month. FII’s pumped in 23,200 crores in the equity market while Domestic Funds sold about 1,800 crores. Indian Rupee closed at Rs.71.74 for 1 US $. While the markets hit the peak, the news on low GDP growth will dampen the markets in the coming week.