Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
30 Apr 2020
Markets for You
Global Indices
Global Indices 29-Apr Prev_Day Abs. Change
% Change
#
Russell 3000 1,393 1,351 43 3.15
Nasdaq 8,915 8,608 307 3.57
FTSE 6,115 5,959 157 2.63
Nikkei
[1]
19,771 19,783 -12 -0.06
Hang Seng 24,644 24,576 68 0.28
Indian Indices 29-Apr Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 32,720 32,115 606 1.89
Nifty 50 9,553 9,381 172 1.84
Nifty 100 9,711 9,545 166 1.74
Nifty 500 7,797 7,672 125 1.63
Nifty Bank 21,090 20,671 419 2.03
S&P BSE Power 1,443 1,433 10 0.66
S&P BSE Small Cap
10,975 10,863 113 1.04
S&P BSE HC 15,421 15,398 23 0.15
Date P/E Div. Yield P/E Div. Yield
29-Apr 19.88 1.18 21.65 1.59
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 29-Apr Prev_Day
% Change
#
HDFC Ltd. 1837 1716 7.05
Hindalco 116 109 6.94
Adani Ports & SEZ 288 273 5.39
Nifty 50 Top 3 Losers Domestic News
Company 29-Apr Prev_Day
% Change
#
Axis Bank 439 455 -3.59
Asian Paints 1768 1824 -3.12
HUL 2232 2290 -2.54
Advance Decline Ratio
BSE NSE
Advances 1391 1144
Declines 961 696
Unchanged 197 117
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -55699
MF Flows** 35773
*29
th
Apr 2020; **28
th
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 28 Apr 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
30 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
67
49
7.35%
(Dec-19)
• Indian equity markets went up amid expectations of lockdown easing and
company specific news about restarting operations. Investors also awaited
the outcome of U.S. Federal Reserve’s two-day policy meeting for its
economic guidance and assessment of the impact of lockdown.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.89% and
1.84% to close at 32,720.16 and 9,553.35 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 1% and 1.04% respectively.
• The overall market breadth on BSE was strong with 1,391 scrips advancing
and 961 scrips declining. A total of 197 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 3.92%
followed by S&P BSE Finance, up 3.19% and S&P BSE Teck, up 2.43%. S&P
BSE FMCG was the only loser, down 0.49%.
• According to a global rating agency, the liquidity support from the Reserve
Bank of India for the mutual funds may struggle to be effective. As per the
agency, the success of the support depends on the appetite of banks to
take up the risks involved due to low capital headroom and possibility of
increase in fresh non-performing loans.
• The Securities Exchange Board of India (Sebi) has clarified that the
grandfathering of the existing unlisted non-convertible debentures (NCDs)
is applicable across the mutual fund industry and thus mutual funds can
transact in such NCDs. However, investments in such NCDs will continue to
be subject to compliance with investment due diligence and all other
applicable investment restrictions. Sebi has also extended timelines for
reducing exposure to unlisted NCDs in phased manner that is by Sep 30,
2020, mutual funds can bring down exposure to 15%, and 10% by Dec 31,
2020.
• Sebi has invited research proposals from researchers on various issues of
stock markets. This is for Sebi’s Development Research Group (DRG)-III
studies. The study is an initiative by regulator’s Department of Economic
and Policy Analysis and is aimed at undertaking policy-oriented research
study on seminal topics.
• According to data released by the Centre for Monitoring Indian Economy
(CMIE), India’s unemployment rate improved to 21.1% in the week ended
Apr 26, 2020 from 26.2% in the preceding week.
• According to media reports, Reliance Strategic Business Ventures Ltd.
which is a wholly-owned subsidiary of Reliance Industries, has increased its
stake in U.S.-based SkyTran Inc. SkyTran is a venture-funded technology
company which develops modern transport modes including personal rapid
transit system.
• The Supreme Court ordered the government to process the tax refund of
Rs. 733 crore to the telecom major within four weeks. The development
comes after the Supreme Court ruled that the Vodafone-Hutchison deal
could not be taxed in India due to a change in the Income-tax Act 2012.
• Asian markets closed on a positive note, led by optimism over easing of
coronavirus-related restrictions and expectations about robust earnings by
U.S. tech firms. Chinese markets rose as investors cheered solid earnings
results from the country's biggest listed banks. Today (as on Apr 30),
markets traded higher tracking overnight developments on potential new
treatment for Covid-19 patients. Nikkei traded up 2.60%; Hang Seng is
closed due to public holiday (as at 8.a.m. IST).
• European markets too closed on a positive note, led by the optimism over
potential treatment of the coronavirus infection.
• U.S. markets soared following media reports stating that the U.S. bio-tech
company reported positive results from two tests that showed its drug
could be a Covid-19 treatment. The news outweighed reports showing
contraction in U.S. economic activity.
Markets for You
FII Derivative Trade Statistics
29-Apr
(Rs Cr) Buy
Sell Open Int.
Index Futures 5844.52 5152.48 9530.99
Index Options 133319.75 133064.30 37383.89
Stock Futures 33259.81 32868.81 76020.89
Stock Options 3340.43 3342.26 2106.88
Total 175764.51 174427.85 125042.65
29-Apr Prev_Day
Change
Put Call Ratio (OI) 1.61 1.46 0.15
Put Call Ratio(Vol) 1.01 0.99 0.02
29-Apr Wk. Ago Mth. Ago
Year Ago
Call Rate 4.08% 4.12% 4.68% 6.12%
T-Repo 3.30% 3.33% 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 3.62% 3.73% 4.21% 6.37%
364 Day T-Bill 3.67% 3.73% 4.60% 6.46%
10 Year Gilt 6.12% 6.22% 6.14% 7.41%
G-Sec Vol. (Rs.Cr) 33432 31496 40371 35362
FBIL MIBOR
[1]
4.46% 4.50% 5.36% 6.22%
3 Month CP Rate 5.35% 5.20% 5.90% 7.50%
5 Year Corp Bond 6.90% 6.86% 6.99% 8.52%
1 Month CD Rate 5.01% 3.73% 5.49% 7.22%
3 Month CD Rate 4.40% 5.02% 5.16% 7.11%
1 Year CD Rate 4.70% 5.00% 7.38% 7.47%
Currency 29-Apr Prev_Day
Change
USD/INR 75.70 76.37 -0.67
GBP/INR 94.36 94.78 -0.42
EURO/INR 82.12 82.59 -0.47
JPY/INR 0.71 0.71 0.00
Commodity 29-Apr Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
14.54 13.59 14.73 63.36
Brent Crude($/bl) 14.12 9.96 20.31 70.91
Gold( $/oz) 1711 1713 1618 1280
Gold(Rs./10 gm) 40989 40989 40989 31764
Source: Refinitiv
[1]
Data as on 28 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
30 April 2020
Derivative Statistics- Nifty Options
Disclaimer:
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Commodity Market Update
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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 9,549.15, a discount of 4.20 points below
the spot closing of 9,553.35. The turnover on NSE’s Futures and Options
segment rose to Rs. 11,78,714.39 crore on April 29, 2020, compared with
Rs. 9,04,461.82 crore on April 28, 2020.
• The Put-Call ratio stood at 0.89 compared with the previous session’s close
of 0.91.
• The Nifty Put-Call ratio stood at 1.61 compared with the previous session’s
close of 1.46.
• Open interest on Nifty Futures stood at 11.72 million, compared with the
previous session’s close of 11.17 million.
• Bond yields fell on expectations that the 10-year paper may be included in
the next auction of special open market operation, which could be as early
as next week.
• Yield on the 10-year benchmark paper (6.45% GS 2029) fell 2 bps to close at
6.12% from the previous closing of 6.14% after moving in a range of 6.11%
to 6.14%.
• RBI conducted auction of 91-, 182- and 364-Days Treasury Bills for notified
amount of Rs. 15,000 crore, Rs. 16,000 crore and Rs. 14,000 crore,
respectively. The cut-off prices stood at Rs. 99.10 (YTM: 3.6427%), Rs. 98.21
(YTM: 3.6553%) and Rs. 96.44 (YTM: 3.7016%), respectively.
• Data from RBI showed that reserve money increased at an annualised rate
of 9.1% in the week to Apr 24, 2020, compared with an increase of 13.0% a
year earlier. The currency in circulation rose 15.7% during the week
compared with an increase of 14.5% a year earlier.
• The Indian rupee rose to a 3-week high against the U.S. dollar on likely
corporate dollar inflows, which emanated from a decline in the U.S. dollar
index and positive risk appetite.
• Euro rose against the U.S dollar after the U.S. Federal Reserve kept its
benchmark interest rate unchanged at near zero and pledged to keep it
there until the U.S. economy recovers.
• Gold prices rose after the U.S. Federal Reserve pledged to keep benchmark
interest rate at near zero.
• Brent crude prices rose after crude stockpiles in U.S. rose by 9 million barrels
for the week ending Apr 24 which was lower than market expectations.
• The U.S. Federal Reserve in its monetary policy review kept interest rates
unchanged at near zero and pledged to keep it there until the U.S. economy
recovers. The U.S. Federal Reserve warned that the COVID-19 pandemic will
“weigh heavily” on economic activity of the U.S. economy.
• Data from the statistical office INE showed that retail sales in Spain plunged
to a historic low in Mar 2020. Retail sales fell by an adjusted 14.1% on a
yearly basis in Mar 2020 after growing 1.8% in Feb 2020.
• Data from Destatis showed that import prices in Germany fell for the
eleventh consecutive month in Mar 2020 at the fastest pace in near four
years. Import prices in Germany fell 5.5% on a yearly basis in Mar 2020
following a 2.0% fall in Feb 2020.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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