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23 Apr 2020
Markets for You

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Global Indices
Global Indices 22-Apr Prev_Day Abs. Change
% Change
#
Russell 3000 1,329 1,294 35 2.72
Nasdaq 8,495 8,263 232 2.81
FTSE 5,771 5,641 130 2.30
Nikkei 19,138 19,281 -143 -0.74
Hang Seng 23,893 23,794 100 0.42
Indian Indices 22-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,380 30,637 743 2.42
Nifty 50 9,187 8,981 206 2.29
Nifty 100 9,372 9,176 197 2.14
Nifty 500 7,534 7,396 138 1.87
Nifty Bank 19,702 19,409 293 1.51
S&P BSE Power 1,487 1,487 1 0.04
S&P BSE Small Cap 10,642 10,565 77 0.73
S&P BSE HC 15,127 15,102 25 0.17
Date P/E Div. Yield P/E Div. Yield
22-Apr 18.94 1.30 20.56 1.66
Month Ago 18.18 1.48 19.72 1.74
Year Ago 27.83 1.15 28.94 1.14
Nifty 50 Top 3 Gainers
Company 22-Apr Prev_Day
% Change
#
Zee Ente. 152 129 17.49
RIL 1364 1237 10.20
Asian Paints 1813 1726 5.04
Nifty 50 Top 3 Losers Domestic News
Company 22-Apr Prev_Day
% Change
#
ONGC 65 69 -5.77
Vedanta Limited 76 78 -3.00
L&T Ltd. 853 870 -2.04
Advance Decline Ratio
BSE NSE
Advances 1254 960
Declines 1135 868
Unchanged 169 110
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -54544
MF Flows** 35512
*22
nd
Apr 2020; **21
st
Apr 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.91%
(Mar-20)
2.86%
(Mar-19)
IIP
4.50%
(Feb-20)
0.20%
(Feb-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 21 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 April 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
• Indian equity markets rose, led by strong buying in the stocks of one of the
index heavyweights. According to media reports, a U.S. social media and
technology company showed interest in expanding its presence in India by
investing around $5.7 billion in the wholly owned subsidiary of the bluechip
company.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 2.42% and
2.29% to close at 31,379.55 and 9,187.30 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 0.78% and 0.73% respectively.
• The overall market breadth on BSE was strong with 1,254 scrips advancing
and 1,135 scrips declining. A total of 169 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 7.42%
followed by S&P BSE Auto, up 2.57% and S&P BSE FMCG, up 2.47%. S&P
BSE Realty was the major loser, down 0.89% followed by S&P BSE Capital
Goods, down 0.83%.
• The Ministry of Corporate Affairs (MCA) allowed companies whose financial
year ended in Dec, to hold their first Annual General Meeting (AGMs) within
Sep 30, without it being viewed as a violation under the Companies Act
owing to the social distancing norms and the lockdown resulting from the
Covid-19 outbreak.
• Central government reduced the subsidy on non-urea fertilisers (nutrient-
based subsidy rates for phosphatic and potassic), which would lower the
burden on the exchequer to Rs. 22,186.55 crore in FY21 amid the COVID-19
outbreak. The subsidy for nitrogen has been lower to Rs. 18.78 per kg,
phosphorous at Rs. 14.88 per kg, potash at Rs. 10.11 per kg and sulphur at
Rs. 2.37 per kg.
• Labour secretary said, they have already received the labour reforms report
from Parliamentary Standing Committee. He added industrial relations
code, social security code in the coming months may soon become a reality.
• The Employees Provident Fund Organisation (EPFO) claims to have settled
6.06 lakhs COVID-19 claims under Pradhan Mantri Garib Kalyan Yojana
package in just 15 working days, disbursing Rs. 1954 crore. EPFO have also
settled 90% of the claims in 3 working days setting new standards of
service delivery through special software designed for speedy disposal.
• According to media reports, Facebook announced an investment of Rs.
43,574 crore to pick a 9.9% stake in Reliance Industries Limited's wholly-
owned subsidiary, Jio Platforms. This is also being touted as the largest
foreign direct investment for minority stake in India.
• Most of the Asian markets rose as U.S. crude prices tried to stabilize
following a record plunge. Meanwhile, the U.S. Senate passed a $484 billion
coronavirus relief plan that includes aid for small businesses and hospitals
and money to expand testing. Today (as on Apr 23), Asian markets traded
higher following an overnight rebound in oil price. Both Nikkei and Hang
Seng are up 0.56% and 0.38%, respectively (as at 8.a.m. IST).
• European markets rose as global crude oil prices recovered from steep sell-
off witnessed earlier this week. Meanwhile, corporate earnings have begun
to take centre stage in driving individual share price action.
• U.S. markets managed to close in the green tracking substantial rebound in
U.S. oil prices following the historic drop seen earlier this week.
Markets for You
FII Derivative Trade Statistics 22-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 5266.53 6337.10 9501.35
Index Options 125661.79 125772.18 33954.97
Stock Futures 13922.59 14606.10 71444.03
Stock Options 2630.19 2629.73 2182.03
Total 147481.10 149345.11 117082.38
22-Apr Prev_Day
Change
Put Call Ratio (OI) 1.37 1.22 0.16
Put Call Ratio(Vol) 0.98 0.97 0.00
22-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 4.12% 4.27% 5.00% 6.15%
T-Repo 3.33% 3.47% 4.37% 6.08%
Repo 4.40% 4.40% 5.15% 6.00%
Reverse Repo 3.75% 4.00% 4.90% 5.75%
91 Day T-Bill 3.73% 4.13% 4.78% 6.32%
364 Day T-Bill 3.73% 4.36% 4.92% 6.42%
10 Year Gilt 6.22% 6.43% 6.26% 7.47%
G-Sec Vol. (Rs.Cr) 31496 18158 42471 25783
FBIL MIBOR
[1]
4.49% 4.55% 5.16% 6.15%
3 Month CP Rate 5.20% 6.60% 6.50% 7.50%
5 Year Corp Bond 6.86% 7.30% 7.19% 8.62%
1 Month CD Rate 3.73% 4.54% 5.63% 6.95%
3 Month CD Rate 5.02% 4.68% 5.29% 7.14%
1 Year CD Rate 5.00% 5.64% 7.23% 7.49%
Currency 22-Apr Prev_Day
Change
USD/INR 76.81 76.65 0.16
GBP/INR 94.51 95.14 -0.62
EURO/INR 83.38 83.09 0.30
JPY/INR 0.71 0.71 0.00
Commodity 22-Apr Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
13.59 19.91 19.43 65.61
Brent Crude($/bl) 9.96 15.77 25.99 70.45
Gold( $/oz) 1713 1716 1498 1275
Gold(Rs./10 gm) 40989 40989 40989 31560
Source: Refinitiv
[1]
Data as on 21 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Readers are requested to click here for ICRA Analytics Ltd disclaimer
23 April 2020
Derivative Statistics- Nifty Options
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• Nifty Apr 2020 Futures stood at 9,188.30, a premium of 1.00 points above
the spot closing of 9,187.30. The turnover on NSE’s Futures and Options
segment rose to Rs. 11,05,881.91 crore on April 22, 2020, compared with
Rs. 7,77,154.32 crore on April 21, 2020.
• The Put-Call ratio stood at 0.85 compared with the previous session’s close
of 0.95.
• The Nifty Put-Call ratio stood at 1.37 compared with the previous session’s
close of 1.22.
• Open interest on Nifty Futures stood at 12.02 million, compared with the
previous session’s close of 11.84 million.
• Bond yield closed inched up as market participants preferred to book profits
from the recent bond rally. Market participants also awaited the
announcement of a fiscal stimulus package by the government. However,
expectations of further ease in monetary policy by the Monetary Policy
Committee provided some support to market sentiment.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) inched up 1 bps
to close at 6.22% from the previous closing of 6.21% after moving in a range
of 6.20% to 6.24%.
• Data from RBI showed that reserve money grew 8.0% for the week ended
for the week ended Apr 17, 2020 compared to an increase of 15.0% in the
same period of the previous year. The currency in circulation grew 14.5% for
the week ended Apr 17, 2020 compared to an increase of 15.8% in the same
period of the previous year.
• The Indian rupee in spot trade strengthened against the greenback
following gains in the domestic equity market. Intervention by the Reserve
Bank of India in the futures market also aided the domestic currency.
• The euro weakened against the U.S. dollar amid persisting concerns over the
coronavirus outbreak across the globe.
• Gold prices rose as the safe haven appeal of the yellow metal improved
amid persisting concerns over a global recession.
• Brent crude prices rose as market participants resorted to bargain hunting
following the recent slump.
• The Monetary Policy Committee of the Central Bank of the Republic of
Turkey lowered the key policy repo rate by 100 bps to combat the
coronavirus outbreak across the country. This was the third rate cut so far
this year.
• Preliminary data from the European Commission showed that Eurozone's
consumer confidence weakened for a second straight month in Apr 2020.
The flash consumer confidence index dropped to -22.7 in Apr 2020 from -
11.6 in Mar 2020.
• According to the European Central Bank President (ECB), the Governing
Council has never discussed the issue of helicopter money and reaffirmed
that ECB has not adopted a formal position on the matter.
Markets for You