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24 Apr 2020
Markets for You
Global Indices
Global Indices 23-Apr Prev_Day Abs. Change
% Change
#
Russell 3000 1,330 1,329 0 0.03
Nasdaq 8,495 8,495 -1 -0.01
FTSE 5,827 5,771 56 0.97
Nikkei 19,429 19,138 291 1.52
Hang Seng 23,977 23,893 84 0.35
Indian Indices 23-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,863 31,380 484 1.54
Nifty 50 9,314 9,187 127 1.38
Nifty 100 9,487 9,372 114 1.22
Nifty 500 7,625 7,534 92 1.21
Nifty Bank 20,268 19,702 566 2.87
S&P BSE Power 1,469 1,487 -18 -1.22
S&P BSE Small Cap
10,785 10,642 143 1.35
S&P BSE HC 15,202 15,127 75 0.50
Date P/E Div. Yield P/E Div. Yield
23-Apr 19.41 1.21 20.84 1.63
Month Ago 15.67 1.72 17.15 2.00
Year Ago 27.49 1.19 28.94 1.14
Nifty 50 Top 3 Gainers
Company 23-Apr Prev_Day
% Change
#
Kotak Bank 1250 1152 8.46
TCS 1878 1770 6.15
Infosys 679 642 5.83
Nifty 50 Top 3 Losers Domestic News
Company 23-Apr Prev_Day
% Change
#
Titan Industries Limited 913 951 -4.08
HUL 2318 2386 -2.88
Shree Cements Limited 18708 19217 -2.65
Advance Decline Ratio
BSE NSE
Advances 1457 1193
Declines 953 650
Unchanged 179 101
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -55335
MF Flows** 35450
*23
rd
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 22 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
Sensex
Nifty
2.10%
(Nov-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
359
-791
7.35%
(Dec-19)
• Indian equity markets extended gains on the hopes of additional stimulus
package by the government. Nonetheless, uncertainty about lifting the
nation-wide lockdown and business disruptions caused by it kept investors
on tenterhooks.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.54% and
1.38% to close at 31,863.08 and 9,313.90 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 0.9% and 1.35% respectively.
• The overall market breadth on BSE was strong with 1,457 scrips advancing
and 953 scrips declining. A total of 179 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 4.85%
followed by S&P BSE Teck, up 3.93% and S&P BSE Bankex, up 3.39%. S&P
BSE Consumer Durables was the major loser, down 1.43% followed by S&P
BSE FMCG, down 1.31% and S&P BSE Power, down 1.22%.
• According to a data released by the Petroleum Planning and Analysis Cell,
India’s crude oil and natural gas production fell 5.5% and 14.38%,
respectively in Mar 2020. Crude oil production during 2019-20 fell 5.95%
YoY to 32.1 million tonne. Similarly, natural gas production fell 5.2% to
31179.96 million metric standard cubic meter (MMSCM).
• Central government has put on hold the rise in dearness allowance (DA) at
17% for its 4.8 million employees and 6.5 million pensioners till Jul 1, 2021
due to financial crisis caused by the coronavirus pandemic. The cabinet had
a month ago approved an increase to 21%.
• Union minister signalled that industrial activity in the ongoing lockdown will
ease further that within the next 15 days as the country faces dire
economic problems owing to the outbreak of the Covid-19 pandemic.
However, he added that easing in Delhi and Mumbai could be difficult.
• According to media reports, government has decided to amend the
insolvency law to suspend up to 1 year provisions that trigger insolvency
proceedings against defaulters. Amendments to the IBC (Insolvency and
Bankruptcy Code) would pave the way for banks to restructure loans.
• A global rating agency has lowered Future Retail Ltd’s long-term issuer
credit rating from B- to CCC- due to weakening of its liquidity position amid
extended lockdown in India due to COVID-19.
• Alembic Pharmaceuticals reported rise in consolidated net profit by 81% to
Rs. 224.93 crore for the quarter ending Mar 2020 amid robust sales in
international markets. The company had a net profit of Rs. 124 crore for the
corresponding period of the previous fiscal.
• Most of the Asian markets closed on a positive note as both U.S. and Mexico
are expected to announce additional stimulus measures to counter the
coronavirus fallout. Meanwhile, Chinese markets retreated amid mounting
economic uncertainty sparked by the coronavirus pandemic. Today (as on
Apr 24) markets largely traded low as overnight media reports raised doubt
over the potential coronavirus treatment. Both Nikkei and Hang Seng are
down 1.02% and 0.52%, respectively (as at 8.a.m. IST).
• European markets closed higher as investors took positive cues from the
stabilisation of the global crude oil prices.
• Most of the U.S. markets closed lower as investors continued to weigh the
prospects of a potential coronavirus treatment.
Markets for You
FII Derivative Trade Statistics
23-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 6678.20 6260.71 9555.80
Index Options 200121.95 200320.24 34954.61
Stock Futures 16350.06 15773.31 73788.55
Stock Options 3910.78 3956.50 2352.50
Total 227060.99 226310.76 120651.46
23-Apr Prev_Day
Change
Put Call Ratio (OI) 1.55 1.37 0.17
Put Call Ratio(Vol) 1.02 0.98 0.05
23-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 4.15% 4.24% 4.99% 6.26%
T-Repo 3.19% 3.54% 3.48% 6.11%
Repo 4.40% 4.40% 5.15% 6.00%
Reverse Repo 3.75% 4.00% 4.90% 5.75%
91 Day T-Bill 3.60% 3.80% 4.65% 6.35%
364 Day T-Bill 3.75% 4.08% 4.80% 6.43%
10 Year Gilt 6.03% 6.44% 6.38% 7.47%
G-Sec Vol. (Rs.Cr) 82103 20027 14500 35372
FBIL MIBOR
[1]
4.50% 4.59% 5.27% 6.25%
3 Month CP Rate 5.00% 6.45% 8.75% 7.50%
5 Year Corp Bond 6.85% 7.25% 7.48% 8.57%
1 Month CD Rate 3.67% 4.35% 7.07% 6.98%
3 Month CD Rate 4.93% 4.65% 7.08% 7.13%
1 Year CD Rate 5.02% 5.29% 7.54% 7.35%
Currency 23-Apr Prev_Day
Change
USD/INR 76.06 76.81 -0.74
GBP/INR 93.99 94.51 -0.52
EURO/INR 82.31 83.38 -1.07
JPY/INR 0.71 0.71 -0.01
Commodity 23-Apr Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
14.81 19.77 23.28 66.19
Brent Crude($/bl) 12.48 14.77 22.29 73.09
Gold( $/oz) 1731 1718 1553 1272
Gold(Rs./10 gm) 40989 40989 40989 31560
Source: Refinitiv
[1]
Data as on 22 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
24 April 2020
Derivative Statistics- Nifty Options
Disclaimer:
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matter the reasonableness of the assumptions upon which such data and information has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and
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• Nifty Apr 2020 Futures stood at 9,296.75, a discount of 17.15 points below
the spot closing of 9,313.90. The turnover on NSE’s Futures and Options
segment rose to Rs. 21,07,936.09 crore on April 23, 2020, compared with
Rs. 11,05,881.91 crore on April 22, 2020.
• The Put-Call ratio stood at 0.82 compared with the previous session’s close
of 0.85.
• The Nifty Put-Call ratio stood at 1.55 compared with the previous session’s
close of 1.37.
• Open interest on Nifty Futures stood at 11.91 million, compared with the
previous session’s close of 12.02 million.
• Bond yield plunged after the Reserve Bank of India (RBI) announced a
special open market purchase and sale of government securities.
Speculation that the RBI might purchase government securities in the
auction scheduled to be held on Apr 24, 2020 also contributed to the
upside.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) plummeted 16
bps bps to close at 6.06% from the previous closing of 6.22% after moving
in a range of 6.01% to 6.21%.
• RBI after considering the current and evolving liquidity and market
conditions decided to conduct simultaneous purchase and sale of
government securities under Open Market Operations (OMO) for Rs. 10,000
crore each on Apr 27, 2020.
• The Indian rupee in spot trade strengthened against the greenback and
witnessed the biggest single day session gain in nearly a month following
gains in the domestic equity market. Easing risk version in Asia also added to
the gains.
• The euro fell against the greenback after the flash IHS Markit composite
output index in euro zone plummeted to an all-time low in Apr 2020.
• Gold prices rose on expectations that major central banks across the globe
would adopt more stimulus measures.
• Brent crude prices surged on concerns over escalating tensions between
U.S. and Iran and growing possibility of more production cuts from oil
producers.
• According to the European Commission, Eurozone's flash consumer
confidence index dropped for second straight month to -22.7 in Apr 2020
from -11.6 in Mar 2020.
• According to GfK, Germany’s forward-looking consumer sentiment index fell
to -23.4 in May 2020 from revised 2.3 in Apr 2020 due to the coronavirus
pandemic and the control measures taken to curb the virus.
• According to data from the Cabinet Office, Japan’s leading index rose to
91.7 in Feb 2020 from 90.7 in Jan 2020. The coincident index fell to 95.5 in
Feb 2020 from 95.7 in the previous month.
• According to the Office for National Statistics, U.K.’s public sector net
borrowing increased GBP 9.3 billion from the last year to GBP 48.7 in the
financial year ended Mar 2020.
Markets for You
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