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21 Aug 2020
Markets for You
Global Indices
Global Indices 20-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,743 1,725 18 1.06
Nasdaq 11,265 11,146 118 1.06
FTSE 6,013 6,112 -99 -1.61
Nikkei 22,881 23,111 -230 -1.00
Hang Seng 24,791 25,179 -388 -1.54
Indian Indices 20-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,220 38,615 -394 -1.02
Nifty 50 11,312 11,408 -96 -0.84
Nifty 100 11,479 11,565 -86 -0.74
Nifty 500 9,369 9,413 -44 -0.47
Nifty Bank 21,999 22,286 -286 -1.29
S&P BSE Power 1,695 1,628 67 4.10
S&P BSE Small Cap 14,422 14,318 103 0.72
S&P BSE HC 19,089 19,061 28 0.15
Date P/E Div. Yield P/E Div. Yield
20-Aug 27.40 1.01 31.91 1.49
Month Ago 24.78 1.03 28.86 1.46
Year Ago 25.97 1.25 27.26 1.34
Nifty 50 Top 3 Gainers
Company 20-Aug Prev_Day
% Change
#
NTPC 101 95 6.81
ONGC 82 80 3.27
Coal India 139 135 2.52
Nifty 50 Top 3 Losers Domestic News
Company 20-Aug Prev_Day
% Change
#
Tata Motors 122 125 -2.76
HDFC Ltd. 1785 1828 -2.34
Axis Bank 435 444 -2.08
Advance Decline Ratio
BSE NSE
Ad
vances 1566 1050
Declines 1207 840
Unchanged 160 91
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 29473
MF Flows** 24426
*20
th
Aug 2020; **17
th
Aug 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.93%
(Jul-20)
3.15%
(Jul-19)
IIP
-16.60%
(Jun-20)
1.30%
(Jun-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 19 Aug, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
21 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
-18.30%
(Mar-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
-570
1099
7.22%
(Apr-20)
• Indian equity markets closed in the red with investor sentiments dented by
the recent spike in new COVID-19 cases within the nation. Buying interest
took back seat also due to US Fed's gloomy economic outlook as stated in
the minutes of latest FOMC meeting.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.02% and 0.84%
to close at 38,220.39 and 11,312.20 respectively.
• The overall market breadth on BSE was strong with 1,566 scrips advancing
and 1,207 scrips declining. A total of 160 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Utilities was the major gainer, up 4.19%
followed by S&P BSE Power, up 4.1% and S&P BSE Metal, up 0.94%. S&P
BSE Telecom was the major loser, down 1.78% followed by S&P BSE
Bankex, down 1.36% and S&P BSE Finance, down 1.24%.
• Minutes of the monetary policy review held in Aug 2020 showed that rising
domestic inflationary pressures has made it difficult for the Monetary Policy
Committee to lower interest rates further. Almost all the members of the
committee highlighted the uncertainty regarding inflation and advocated
the need of adopting fiscal stimulus measures and structural reforms to
improve the growth prospects of the domestic economy
• According to the ministry of finance, the government is taking steps to
e
nsure that there is sufficient liquidity for the Micro, Small and Medium
Enterprises (MSME) sector under its
Emergency Credit Line Guarantee
Scheme. As on Aug 18, 2
020 public sector banks and private sector banks
have
sanctioned loans worth more than Rs. 1.50 lakh crore of which more
than Rs. 1.02
lakh crore worth of loans have already been disbursed.
• D
ata from the ministry of labour showed that retail inflation for farm
workers and rural workers fell to 6.58% and 6.53% respectively in Jul 2020
from 7.16% and 7.00% respectively in the previous month.
• A task force set up by Niti Aayog recommended linking sugarcane prices to
sugar rates. It also advocated for a one-time increase in minimum sugar
price to Rs 33 per kg to help sugar mills cover the cost of production.
• RB
L Bank will raise Rs. 1,566 crore in equity through issue of fresh shares to
institutional investors such as Maple and ICICI Prudential Life on
preferential basis. The board of directors has approved a plan to allot 88.47
million shares at Rs. 177 per share
• Hindalco Industries has signed a Memorandum of Understanding with
UltraTech Cement to provide 1.2 million tons of red mud per year to
UltraTech plants in seven states.
• Asian markets closed in the red amid cautious outlook from the U.S. Federal
Reserve as highlighted in the minutes of the FOMC’s latest meeting.
Investor sentiments were dented after U.S. suspended its extradition treaty
with Hong Kong in a series of measures that escalate tensions between
Washington and Beijing. Today (as on Aug 21) markets are trading higher as
investors keenly awaited the corporate earning numbers of some of the
industry behemoths. Both Nikkei and Hang Seng are up 0.81% and 0.87%,
respectively.
• European markets closed in the red after the minutes of FOMC’s latest
meeting struck a pessimistic tone over U.S. economic recovery prospects.
• U.S. markets edged higher, largely led by strong buying in the tech stocks
on hopes of solid earnings growth potential in the near future. Positive
sentiments were also generated by news that China and the U.S. have
agreed to hold fresh trade talks in the coming days.
Markets for You
FII Derivative Trade Statistics
20-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 2824.50 3074.50 9539.74
Index Options 196243.50 196469.23 54740.22
Stock Futures 13693.68 14362.88 90748.52
Stock Options 6467.84 6556.46 7086.57
Total 219229.52 220463.07 162115.05
20-Aug Prev_Day
Change
Put Call Ratio (OI) 1.32 1.60 -0.27
Put Call Ratio(Vol) 0.99 1.18 -0.19
20-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 3.43% 3.44% 3.48% 5.28%
T-Repo 2.95% 3.18% 3.17% 5.22%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.15% 3.26% 3.22% 5.40%
364 Day T-Bill 3.53% 3.50% 3.26% 5.71%
10 Year Gilt 6.00% 5.90% 5.80% 6.59%
G-Sec Vol. (Rs.Cr) 29922 20587 27983 54572
FBIL MIBOR
[1]
3.68% 3.80% 3.79% 5.30%
3 Month CP Rate 3.40% 3.60% 3.65% 5.98%
5 Year Corp Bond 6.69% 6.60% 6.28% 7.77%
1 Month CD Rate 3.05% 3.08% 3.27% 5.50%
3 Month CD Rate 3.18% 3.29% 3.28% 5.66%
1 Year CD Rate 3.79% 3.79% 3.79% 6.71%
Currency 20-Aug Prev_Day
Change
USD/INR 75.01 74.76 0.25
GBP/INR 98.13 99.14 -1.01
EURO/INR 88.82 89.28 -0.46
JPY/INR 0.71 0.71 0.00
Commodity 20-Aug
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 42.54 42.21 40.78 56.13
Brent Crude($/bl) 45.15 45.94 43.55 59.32
Gold( $/oz) 1943 1953 1815 1507
Gold(Rs./10 gm) 52317 52441 49118 37688
Source: Refinitiv
[1]
Data as on 19 Aug, 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
21 August 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 India Asset Management Limited (NAM India) (formerly Reliance Nippon Life Asset Management Limited) has not independently verified the accuracy or authenticity of such information or
data,
or for that 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
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contained in this material.
• Nifty Aug 2020 Futures stood at 11,305.40, a discount of 6.80 points below
the spot closing of 11,312.20. The turnover on NSE’s Futures and Options
segment rose to Rs. 34,98,359.99 crore on August 20, 2020, compared with
Rs. 15,89,921.82 crore on August 19, 2020.
• The Put-Call ratio stood at 0.81 compared with the previous session’s close
of 0.96.
• The Nifty Put-Call ratio stood at 1.32 compared with the previous session’s
close of 1.6.
• Open interest on Nifty Futures stood at 11.62 million, compared with the
previous session’s close of 11.58 million.
• Bond yields fell marginally following value-buying by investors after rise in
the last session. Investors were awaiting the minutes of the Monetary Policy
Committee’s Aug 2020 meeting that are due after market hours.
• Yield on the present 10-year benchmark paper (5.79% GS 2030) fell 1 bps to
close at 6.00% compared to the previous day’s closing of 6.01% after
trading in a range of 5.99% to 6.01%.
• Yield on the upcoming new 10-year benchmark paper (5.77% GS 2030) fell 2
bps to close at 5.95% compared to the previous day’s close of 5.97% after
moving in a range of 5.94% to 5.96%.
• Banks borrowed Rs. 2 crores under the central bank’s Marginal Standing
Facility on Aug 19, 2020 as against no borrowing on Aug 18, 2020.
• The Indian rupee in the spot trade weakened against the greenback
following losses in the domestic equity market.
• The euro rose against the greenback as the unprecedented policy stimulus
adopted by the U.S. Federal Reserve kept the U.S. dollar under pressure.
Euro closed at $1.1859, up 0.19% compared with the previous close of
$1.1836.
• Gold prices rose after initial jobless claims in U.S. for the week ended Aug
15, 2020 surpassed 1 million.
• Brent crude prices fell after initial jobless claims in U.S. for the week ended
Aug 15, 2020 surpassed 1 million which fuelled concerns of a slow economic
recovery.
• According to a report released by the Labor Department, U.S. initial jobless
claims increased 135,000 to 1.106 million in the week ended Aug 15, 2020
from the previous week's revised level of 971,000.
• According to the data from the Eurostat, eurozone’s Construction output
rose 4% from May 2020, when it surged 29.4% revised from 27.9%.
• China's central bank left its benchmark interest rates unchanged, one-year
and five-year loan prime rate was retained at 3.85% and 4.65%, respectively,
as the economy showed signs of robust recovery. The one-year and five-year
loan prime rates were last reduced in Apr 2020.
Markets for You
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