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28 Apr 2020
Markets for You
Global Indices
Global Indices 27-Apr Prev_Day Abs. Change
% Change
#
Russell 3000 1,368 1,351 17 1.26
Nasdaq 8,730 8,635 96 1.11
FTSE 5,847 5,752 95 1.64
Nikkei 19,783 19,262 521 2.71
Hang Seng 24,280 23,831 449 1.88
Indian Indices 27-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,743 31,327 416 1.33
Nifty 50 9,282 9,154 128 1.40
Nifty 100 9,462 9,324 138 1.48
Nifty 500 7,604 7,493 111 1.47
Nifty Bank 20,081 19,587 495 2.52
S&P BSE Power 1,446 1,450 -5 -0.31
S&P BSE Small Cap
10,780 10,634 146 1.37
S&P BSE HC 15,657 15,422 235 1.52
Date P/E Div. Yield P/E Div. Yield
27-Apr 19.20 1.22 20.77 1.64
Month Ago 18.18 1.47 19.52 1.76
Year Ago 27.91 1.18 29.34 1.12
Nifty 50 Top 3 Gainers
Company 27-Apr Prev_Day
% Change
#
IndusInd Bank 407 383 6.40
Britannia Industries Limited 3242 3062 5.88
Axis Bank 427 404 5.78
Nifty 50 Top 3 Losers Domestic News
Company 27-Apr Prev_Day
% Change
#
M&M 330 334 -1.20
NTPC 92 93 -1.12
HDFC Bank 930 938 -0.89
Advance Decline Ratio
BSE NSE
Advances 1304 1085
Declines 1090 762
Unchanged 181 130
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -54978
MF Flows** 35450
*27
th
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 24 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 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
-126
7.35%
(Dec-19)
• Indian equity markets edged higher after the Reserve Bank of India
announced that it shall open a special liquidity window of Rs 50,000 crore
to ease pressure on mutual funds. Currently, the industry is reeling under
liquidity pressure amid heightened volatility in capital markets in the wake
of the Covid-19 outbreak.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.33% and 1.4%
to close at 31,743.08 and 9,282.30 respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 1.44% and 1.37% respectively.
• The overall market breadth on BSE was strong with 1,304 scrips advancing
and 1,090 scrips declining. A total of 181 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 2.88%
followed by S&P BSE Finance, up 2.09% and S&P BSE Basic Materials, up
1.82%. S&P BSE Power was the only loser, down 0.31%.
• The Reserve Bank of India (RBI) announced that it will open a special
liquidity window of Rs. 50,000 crore to reduce pressure on mutual funds as
they are facing liquidity concerns due to increased volatility in capital
markets amid Coronavirus outbreak. Under this liquidity window, the RBI
will conduct 90 days tenor repo operations at the fixed repo rate. The
facility will be on-tap and open-ended. Banks can submit their bids to avail
funding on any day from Monday to Friday. Funds availed under the scheme
can be solely used by banks for meeting the liquidity requirements of
mutual funds by extending loans, and undertaking outright purchase of
and/or repos against investment collateral.
• As per media reports, overseas investors have withdrawn net Rs. 10,347
crore from the Indian capital markets between Apr 1, 2020 to Apr 24, 2020
as they remained risk-averse amid the coronavirus pandemic.
• A major rating agency has further downgraded India’s growth projection to
1.9% in FY21, down from 3.6% stated in Mar 2020. This will be the lowest
GDP growth rate in the last 29 years and assumes that the partial lockdown
will continue till mid-May. The rating agency also assumes contraction of
2.1% for FY21 if the lockdown continued beyond mid-May, which would
take the economy to a 41-year low and would count as only the sixth
instance of negative growth.
• As per media reports, the Indian automobile industry is set to report almost
zero sales in Apr 2020, the first time in its history, as factories and
dealerships are closed amid nationwide lockdown. The industry doesn’t
expect much improvement in May 2020 and warned of a prolonged crisis in
the sector because of the impact of coronavirus on the economy and
consumer sentiment.
• According to media reports, HDFC Life Insurance reported a 17.6% decline
in pre-tax profit to Rs. 284.47 crore in the quarter ending Mar 2020
compared to Rs 345.28 crore in the same period of the previous year. The
net profit of the company also declined 14.5% to Rs. 311.65 crore from Rs.
364.48 crore in the same period of the previous fiscal. The decline came on
account of loss in investment income and higher provisions.
• Asian markets rose amid buying spree as investors hoped that the
coronavirus outbreak is peaking and different countries are beginning to
ease restrictions imposed because of the pandemic. Market sentiments
boosted after Bank of Japan increased its purchases of corporate debt in
order to ease funding strains. Today (as on Apr 28), markets witnessed
mixed trend, as weakness in global crude oil prices partly overshadowed
gains from optimism over further stimulus measures. Nikkei traded down
0.21%, whereas Hang Seng is up 0.50% (as at 8.a.m. IST).
• European markets advanced following news that several countries in the
continent are relaxing lockdown restrictions. Hopes of additional stimulus
by the central banks to revive the economies contributed to the upside.
• U.S. markets rose amid optimism over additional stimulus ahead of Federal
Reserve and European Central Bank meetings scheduled later this week.
Markets for You
FII Derivative Trade Statistics
27-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 5139.86 5595.85 9313.62
Index Options 93155.32 92523.63 33176.13
Stock Futures 17580.53 17685.95 73707.99
Stock Options 4891.89 4876.94 2551.42
Total 120767.60 120682.37 118749.16
27-Apr Prev_Day
Change
Put Call Ratio (OI) 1.36 1.34 0.03
Put Call Ratio(Vol) 0.94 0.86 0.07
27-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 4.03% 4.16% 4.68% 6.12%
T-Repo 2.09% 2.97% 0.85% 6.01%
Repo 4.40% 4.40% 4.40% 6.00%
Reverse Repo 3.75% 3.75% 4.00% 5.75%
91 Day T-Bill 3.57% 3.75% 4.21% 6.37%
364 Day T-Bill 3.81% 4.05% 4.60% 6.46%
10 Year Gilt 6.15% 6.21% 6.14% 7.41%
G-Sec Vol. (Rs.Cr) 38551 46778 40371 35362
FBIL MIBOR
[1]
4.48% 4.53% 5.36% 6.22%
3 Month CP Rate 5.25% 5.75% 5.90% 7.50%
5 Year Corp Bond 6.88% 6.85% 6.99% 8.52%
1 Month CD Rate 5.30% 4.28% 5.49% 7.22%
3 Month CD Rate 4.95% 4.60% 5.16% 7.11%
1 Year CD Rate 4.92% 5.32% 7.38% 7.47%
Currency 27-Apr Prev_Day
Change
USD/INR 76.13 76.42 -0.29
GBP/INR 94.73 94.22 0.51
EURO/INR 82.62 82.21 0.41
JPY/INR 0.71 0.71 0.00
Commodity 27-Apr Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
11.97 -37.03 14.73 63.24
Brent Crude($/bl) 10.69 17.35 20.31 70.72
Gold( $/oz) 1714 1693 1618 1286
Gold(Rs./10 gm) 40989 40989 40989 31764
Source: Refinitiv
[1]
Data as on 24 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
28 April 2020
Derivative Statistics- Nifty Options
Disclaimer:
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The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third party
sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Nippon Life
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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 9,295.15, a premium of 12.85 points above
the spot closing of 9,282.30. The turnover on NSE’s Futures and Options
segment rose to Rs. 7,15,978.79 crore on April 27, 2020, compared with Rs.
6,37,107.29 crore on April 24, 2020.
• The Put-Call ratio stood at 0.86 compared with the previous session’s close
of 0.82.
• The Nifty Put-Call ratio stood at 1.36 compared with the previous session’s
close of 1.34.
• Open interest on Nifty Futures stood at 10.88 million, compared with the
previous session’s close of 11.71 million.
• Bond yields fell as the Reserve Bank of India’s (RBI) special open market
operation (OMO) absorbed the supply of higher-duration securities.
• Yield on the 10-year benchmark paper (6.45% GS 2029) fell 2 bps to close at
6.15% from the previous closing of 6.17% after moving in a range of 6.12%
to 6.19%.
• Banks borrowed Rs. 45 crore under the central bank’s Marginal Standing
Facility on Apr 24, 2020 compared with no borrowings on Apr 23, 2020.
• The Indian rupee gained against the U.S. dollar following rise in domestic
equities.
• Euro rose against the weak U.S. dollar on reports that several countries laid
out plans to ease restrictions on businesses that have been closed due to
the COVID-19 outbreak. Euro was trading at $1.0828, up 0.07% compared
with the previous close of $1.0820.
• Gold prices fell on hopes of ease in restrictions on coronavirus-driven
lockdowns.
• Brent crude prices fell as persisting concerns over the COVID-19 pandemic
hit the demand outlook of the commodity.
• The Bank of Japan (BoJ) in its monetary policy review voted 8-1 to keep
interest rates on hold at -0.1% in its monetary policy review. However, BoJ
expanded the monetary stimulus as it removed the limit for government
bond purchases.
• Data from the National Bureau of Statistics showed that China's industrial
profit declined sharply in Mar 2020. Industrial profits fell 34.9% on a yearly
basis in Mar 2020 following a 38.3% fall in Feb 2020.
• Data from the Labour Ministry of France showed that jobseekers in France
grew at a record pace in Mar 2020. The number of people who registered
for work grew 2,46,100 which was the highest since 1996 when records
began. The jobless rate grew 7.1%.
Markets for You
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