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NIPUN - Daily News and Market Round-Up

EQUITY MARKET ROUNDUP

22 January 2020 Today 23 January 2020 Change
Nifty Fifty 12106.90 12180.35 73.45
Sensex 41115.38 41386.40 271.02
Nifty MidCap 100 17931.00 18190.00 259.00
Nifty SmallCap 100 6242.85 6295.60 52.75
Sensex P/E (Trailing) 25.26 25.48 0.22
Nifty Fifty P/E (Trailing) 27.73 27.88 0.15
Nifty MidCap 100 P/E (Trailing) 26.11 26.63 0.52
Nifty SmallCap 100 P/E (Trailing) 96.76 97.28 0.52

DEBT MARKET ROUNDUP

(Weighted average yeild) 22 January 2020 23 January 2020 Change
Call Rates call rates 4.98 4.96 -0.02
Repo 4.97 4.95 -0.02
TREP 4.99 4.99 -
10 year G-Sec 6.8676 6.8479 -0.0197
Market and Economy

RBI to hold rates on inflation concerns, fiscal boost likely: Poll

The latest poll projected the central bank to extend that pause - keeping its repo rate on hold at 5.15% at its February meeting and until at least October.With the RBI not predicted to provide an additional boost over the near term, the government was expected to announce more expansionary measures at its Union Budget

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RBI raises short-term investment limit of FPIs to 30% from 20% of portfolio

FPIs will also be allowed to invest in exchange traded funds or ETFs that invest only in debt instruments, the RBI said.

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Digital advertising to grow at 27% in 2020 to reach Rs 17,377 crore: DAN

?The media and advertising industry is shifting at a rapid speed and digital is certainly taking charge,? said Ashish Bhasin, CEO, APAC and chairman, India - DAN. ?2020 is expected to witness a major change in advertising in India, with digital becoming a bigger medium. In fact, by 2021, its growth should surpass that of print.?

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India likely to fund some $28 billion of 2020/21 expenditure via off-budget borrowings: Sources

Off-budget borrowings are a means by which the government keeps its fiscal deficit in check by making quasi-government entities borrow on its behalf, to partly fund its expenditure plan for the year. This would mark a roughly 13.8% increase in so-called off-budget borrowings from an estimated 1.75 trillion rupees ($24.6 billion) in the ongoing fiscal year.

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Govt seeks Rs 10,000-cr interim dividend from RBI to fix fiscal gap

This is 3rd consecutive year when the Centre has made the demand

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