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10 Aug 2020
Markets for You
Global Indices
Global Indices 07-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,698 1,713 -15 -0.90
Nasdaq 11,011 11,108 -97 -0.87
FTSE 6,032 6,027 5 0.09
Nikkei 22,330 22,418 -88 -0.39
Hang Seng 24,532 24,931 -399 -1.60
Indian Indices 07-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,041 38,025 15 0.04
Nifty 50 11,214 11,200 14 0.12
Nifty 100 11,361 11,345 16 0.14
Nifty 500 9,199 9,169 30 0.32
Nifty Bank 21,754 21,643 111 0.51
S&P BSE Power 1,547 1,529 18 1.21
S&P BSE Small Cap 13,669 13,562 106 0.79
S&P BSE HC 18,761 18,821 -60 -0.32
Date P/E Div. Yield P/E Div. Yield
7-Aug 26.37 1.02 30.72 1.47
Month Ago 24.33 1.06 28.22 1.49
Year Ago 25.57 1.26 26.74 1.36
Nifty 50 Top 3 Gainers
Company 07-Aug Prev_Day
% Change
#
Asian Paints 1806 1728 4.56
Bajaj Finance 3464 3345 3.56
United Phos 480 464 3.54
Nifty 50 Top 3 Losers Domestic News
Company 07-Aug Prev_Day
% Change
#
Titan Industries Limited 1091 1120 -2.60
HCL Tech 690 705 -2.07
Infosys 951 971 -2.05
Advance Decline Ratio
BSE NSE
Advances 1631 1196
Declines 1074 663
Unchanged 148 112
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -3109
MF Flows** 29898
*7
th
Aug 2020; **3
rd
Aug 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.09%
(Jun-20)
2.99%
(Mar-17)
IIP
-34.71%
(May-20)
4.50%
(May-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
10 August 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
5.20%
(Feb-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
-266
576
5.84%
(Mar-20)
Indian equity markets closed a tad higher as gains in power, telecom and
utilities sectors were restricted by losses in information technology and
healthcare shares. Nonetheless, underlying sentiments remained cautious
on pace of economic recovery as COVID-19 infection cases in the country
increased by leaps and bounds.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.04% and
0.12% to close at 38,040.57 and 11,214.05 respectively.
The overall market breadth on BSE was strong with 1,631 scrips advancing
and 1,074 scrips declining. A total of 148 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Power was the major gainer, up 1.21%
followed by S&P BSE Telecom, up 0.99% and S&P BSE Utilities, up 0.9%. S&P
BSE Consumer Durables was the major loser, down 1.73% followed by S&P
BSE IT, down 1.15% and S&P BSE Teck, down 0.86%.
The Reserve Bank of India (RBI) assigned priority sector lending (PSL) status
to India’s startup sector. The move is expected to help India’s start up
sector get better access to bank credit for working capital support.
RBI has set up an expert committee that will suggest steps to the Central
Bank as to how to deal with COVID-19 related stress assets. The Central
Bank decided to provide a window under the Prudential Framework to
enable the lenders to implement a resolution plan in order to mitigate the
stress arising due to the COVID-19 pandemic.
RBI announced an additional special liquidity facility of Rs. 5,000 crore each
for the National Housing Bank (NHB) and the National Bank for Agriculture
and Rural Development (NABARD) at the policy repo rate of 4%. In case of
NHB, the move is expected to help the housing sector from liquidity
disruption and improve the flow of finance to the sector through housing
finance companies. The special liquidity facility given to NABARD is
expected to ease the stress to some extent for smaller non-bank finance
companies (NBFCs) and micro-finance institutions in obtaining access to
liquidity.
A restructuring framework is presently in place for Micro, Small and
Medium Enterprises (MSMEs) that were in default but ‘standard’ as on Jan
1, 2020. RBI has now permitted lending institutions to restructure the debt
under the existing framework for those MSME borrowers who are facing
stress on account of COVID-19 pandemic, provided the borrower’s account
was classified as standard with the lender as on Mar 1, 2020.
Asian markets fell amid heightened tension between U.S. and China after
U.S. government banned U.S. transactions with two popular Chinese apps.
Today (as on Aug 10), markets are trading lower as investors remained
concerned over heightened U.S.-China tensions. Nikkei is closed due to
public holiday, while Hang Seng is down 0.63% (as at 8:00 AM IST).
European markets eked out small gains as investors found some relief amid
rising tensions between the U.S. and China and the impasse over
coronavirus relief package, as a result of stronger-than-expected U.S. jobs
data.
U.S. markets largely closed a tad higher as concerns over the uncertainty
about a new coronavirus relief plan and spike in the virus cases worldwide
was outweighed by data showing larger than expected increase in U.S.
employment in Jul.
Markets for You
FII Derivative Trade Statistics
07-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 5636.69 5143.18 7957.72
Index Options 487080.95 484961.52 40911.40
Stock Futures 13431.46 14027.46 88865.96
Stock Options 5040.98 5053.34 4521.49
Total 511190.08 509185.50 142256.57
07-Aug Prev_Day
Change
Put Call Ratio (OI) 1.60 1.49 0.11
Put Call Ratio(Vol) 0.99 1.02 -0.04
07-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 3.44% 3.48% 3.47% 5.50%
T-Repo 3.18% 3.16% 3.11% 5.52%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.25% 3.27% 3.20% 5.31%
364 Day T-Bill 3.47% 3.46% 3.39% 5.80%
10 Year Gilt 5.89% 5.84% 5.79% 6.37%
G-Sec Vol. (Rs.Cr) 36416 33111 66639 100742
FBIL MIBOR 3.82% 3.86% 3.93% 5.75%
3 Month CP Rate 3.70% 3.65% 3.85% 5.95%
5 Year Corp Bond 6.54% 6.33% 6.39% 7.63%
1 Month CD Rate 3.16% 3.22% 3.20% 5.49%
3 Month CD Rate 3.31% 3.33% 3.24% 6.02%
1 Year CD Rate 3.75% 3.75% 3.92% 6.76%
Currency 07-Aug Prev_Day
Change
USD/INR 74.96 74.86 0.10
GBP/INR 98.39 98.54 -0.15
EURO/INR 88.78 89.07 -0.29
JPY/INR 0.71 0.71 0.00
Commodity 07-Aug Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 41.11 40.05 40.54 51.09
Brent Crude($/bl) 44.54 43.74 44.36 54.17
Gold( $/oz) 2035 1975 1794 1501
Gold(Rs./10 gm) 55922 53615 48235 37039
Source: Refinitiv
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10 August 2020
Derivative Statistics- Nifty Options
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contained in this material.
Nifty Aug 2020 Futures stood at 11,226.20, a premium of 12.15 points
above the spot closing of 11,214.05. The turnover on NSE’s Futures and
Options segment fell to Rs. 9,91,308.23 crore on August 07, 2020,
compared with Rs. 39,88,372.83 crore on August 06, 2020.
The Put-Call ratio stood at 0.89 compared with the previous session’s close
of 0.87.
The Nifty Put-Call ratio stood at 1.6 compared with the previous session’s
close of 1.49.
Open interest on Nifty Futures stood at 11.37 million, compared with the
previous session’s close of 11.18 million.
Bond yields continue to rise as the expectations of easing in rates
diminished after the Monetary Policy Committee (MPC) left key policy rates
unchanged.
Yield on the present 10-year benchmark paper (5.79% GS 2030) rose 3 bps
to close at 5.89% compared with the previous close of 5.86%.
Yield on the upcoming new 10-year benchmark paper (5.77% GS 2030)
increased 3 bps to close at 5.84% compared to the previous closing of
5.81%.
Banks did not borrowed under the central bank’s Marginal Standing Facility
on Aug 6, 2020 compared Rs. 45 crore on Aug 5, 2020.
The Indian rupee in the spot trade was steady against the greenback as
gains due to speculative dollar inflows were neutralized due to mounting
concerns over escalating tensions between U.S. and China.
The euro fell against the U.S. dollar after the U.S. nonfarm payroll
employment data for Jul 2020 came better than market expectations.
Gold prices fell as investor risk sentiment improved to some extent after the
U.S. nonfarm payroll employment data for Jul 2020 came better than
market expectations.
Brent crude prices fell amid persisting concerns over the COVID-19
pandemic.
According to the Labor Department report, U.S. nonfarm payroll surged by
1.8 million jobs in Jul 2020, slower than jumped by 4.8 million jobs in the
prior month. Rise was seen amid a sharp increase in employment in the
retail sector, which added 258,300 jobs. The unemployment rate fell to
10.2% in Jul 2020 from 11.1% in Jun 2020.
Industrial production in Germany surged 8.9% MoM in Jun 2020, better than
7.4% rise in May 2020. Barring energy and construction, industrial
production rose 11.1% MoM in Jun 2020.
China’s exports increased 7.2% YoY in Jul 2020. On the other hand, imports
fell 1.4% YoY. Thus, trade surplus stood at $62.33 billion in Jul 2020 from
$46.42 billion surplus in Jun 2020.
Markets for You
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