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24 Aug 2020
Markets for You
Global Indices
Global Indices 21-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,752 1,743 9 0.50
Nasdaq 11,312 11,265 47 0.42
FTSE 6,002 6,013 -11 -0.19
Nikkei 22,920 22,881 40 0.17
Hang Seng 25,114 24,791 322 1.30
Indian Indices 21-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,435 38,220 214 0.56
Nifty 50 11,372 11,312 59 0.53
Nifty 100 11,536 11,479 57 0.49
Nifty 500 9,424 9,369 55 0.58
Nifty Bank 22,300 21,999 300 1.36
S&P BSE Power 1,743 1,695 48 2.83
S&P BSE Small Cap 14,625 14,422 204 1.41
S&P BSE HC 19,228 19,089 139 0.73
Date P/E Div. Yield P/E Div. Yield
21-Aug 27.74 1.00 32.08 1.47
Month Ago 25.19 1.01 29.01 1.44
Year Ago 26.05 1.25 27.01 1.35
Nifty 50 Top 3 Gainers
Company 21-Aug Prev_Day
% Change
#
NTPC 106 101 4.80
Asian Paints 1958 1875 4.43
Power Grid 189 181 4.36
Nifty 50 Top 3 Losers Domestic News
Company 21-Aug Prev_Day
% Change
#
Zee Ente. 192 199 -3.71
Hindalco 196 199 -1.38
ONGC 81 82 -1.34
Advance Decline Ratio
BSE NSE
Advances 1803 1214
Declines 1011 679
Unchanged 162 90
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 29311
MF Flows** 24426
*21
st
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 20 Aug, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
-161
7.22%
(Apr-20)
• Indian equity markets closed in the green led by positive global cues. Media
reports stating that U.S. and China have agreed to hold new trade talks in
the coming days helped offset gloom over downbeat U.S. weekly jobless
claims data released overnight.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.56% and
0.53% to close at 38,434.72 and 11,371.60 respectively.
• The overall market breadth on BSE was strong with 1,803 scrips advancing
and 1,011 scrips declining. A total of 162 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Power was the major gainer, up 2.83%
followed by S&P BSE Utilities, up 2.63% and S&P BSE Realty, up 1.43%. S&P
BSE Telecom was the major loser, down 0.8% followed by S&P BSE Energy,
down 0.6% and S&P BSE Teck, down 0.48%.
• A major global credit rating agency warned that the COVID-19 pandemic
may lead to a sharp slowdown in India’s economic growth which may
adversely impact the asset quality of state run banks. This may lead to an
increase in new non -performing loans in the retail and micro, small and
medium enterprises (MSME) segments. As a result, state run banks may
require an external capital infusion of up to Rs. 2.1 lakh crore over the next
two years.
• Data from Reserve Bank of India (RBI) showed that India’s foreign exchange
reserves fell for the first time in eight weeks to $535.25 billion as of the
week ended Aug 14, 2020 down from a record high of $538.19 billion in the
previous week.
• RBI has directed banks to avoid frequent ad hoc review of loan facility for
businesses. The directive comes from the central bank as there has been an
increase in complaints that banks are quoting high differential interest
rates and not providing the necessary financial support to businesses.
• According to media reports, the ministry of corporate affairs has initiated
discussions with various regulators including the Reserve Bank of India
(RBI), Securities and Exchange Board of India (SEBI), and the Department
for Promotion of Industry and Internal Trade (DPIIT) regarding setting up of
a unified compliance platform for Indian corporates. The objective of the
move is to improve the ease of doing business in the country by cutting
down on duplication of filings and integrating the MCA database with that
of other regulatory bodies.
• YES Bank will sell its asset management arm YES Asset Management
Company (AMC) and YES Trustee to GPL Finance and Investments (GPLFI)
owned by White Oak Investment Management. However, the value of the
deal was not disclosed.
• Flipkart has entered into a strategic alliance with Sastodeal from Nepal, a
development that will help Flipkart sellers' lakhs gain access to the e-
commerce market in the neighboring country.
• Asian markets edged higher as encouraging news on the coronavirus
vaccine front underpinned investor sentiments. Further, news regarding
agreement on fresh trade talks between U.S. and China too contributed to
the upside. Today (as on August 24), Asian markets rose following rise on
the Wall Street overnight. Both Nikkei and Hang Seng were trading higher
0.15% and 1.44% (as at 8 a.m. IST), respectively.
• European markets fell for the second consecutive session after a flash
report by IHS Markit showed euro area private sector grew at a slower pace
following a rebound data.
• U.S. markets rose after a report from IHS Markit showed U.S. business
activity expanded at the fastest pace in over a year in Aug 2020. Also a
report by NAR showed U.S. existing home sales continued to improve in Jul
2020, added to the upside.
Markets for You
FII Derivative Trade Statistics 21-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 2865.90 4562.52 9618.98
Index Options 310523.47 308212.15 46154.17
Stock Futures 15108.61 16073.30 90200.74
Stock Options 6253.91 6268.64 7123.71
Total 334751.89 335116.61 153097.60
21-Aug Prev_Day
Change
Put Call Ratio (OI) 1.54 1.32 0.22
Put Call Ratio(Vol) 0.98 0.99 -0.01
21-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 3.43% 3.45% 3.43% 5.32%
T-Repo 3.01% 3.18% 3.18% 5.23%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.20% 3.07% 3.21% 5.45%
364 Day T-Bill 3.51% 3.34% 3.37% 5.70%
10 Year Gilt 6.14% 5.97% 5.83% 6.57%
G-Sec Vol. (Rs.Cr) 47140 51709 32944 57433
FBIL MIBOR
[1]
3.74% 3.80% 3.86% 5.37%
3 Month CP Rate 3.40% 3.60% 3.65% 5.95%
5 Year Corp Bond 6.85% 6.67% 6.36% 7.77%
1 Month CD Rate 3.11% 3.10% 3.26% 5.56%
3 Month CD Rate 3.21% 3.29% 3.29% 5.77%
1 Year CD Rate 3.80% 3.81% 3.76% 6.70%
Currency 21-Aug Prev_Day
Change
USD/INR 74.88 75.01 -0.13
GBP/INR 99.12 98.13 1.00
EURO/INR 88.86 88.82 0.04
JPY/INR 0.71 0.71 0.00
Commodity 21-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 42.27 42.00 41.71 55.60
Brent Crude($/bl) 44.13 45.56 45.20 60.89
Gold( $/oz) 1939 1944 1842 1502
Gold(Rs./10 gm) 51840 52688 49264 37550
Source: Refinitiv
[1]
Data as on 20 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
24 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
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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 information. Some
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damages, including on account of lost profits arising from the information contained in this material.
• Nifty Aug 2020 Futures stood at 11,377.20, a premium of 5.60 points above
the spot closing of 11,371.60. The turnover on NSE’s Futures and Options
segment fell to Rs. 8,85,496.25 crore on August 21, 2020, compared with
Rs. 34,98,359.99 crore on August 20, 2020.
• The Put-Call ratio stood at 0.85 compared with the previous session’s close
of 0.81.
• The Nifty Put-Call ratio stood at 1.54 compared with the previous session’s
close of 1.32.
• Open interest on Nifty Futures stood at 11.87 million, compared with the
previous session’s close of 11.62 million.
• Bond yields rose as inflation concerns highlighted in the minutes of the
Monetary Policy Committee's latest meeting, dampened hopes of rate cuts
in the near term. Moreover, weak demand at a government auction along
with exercising green-shoe option in the auction, led to higher-than-
expected cut-off yields.
• Yield on the present 10-year benchmark paper (5.79% GS 2030) surged 14
bps to close at 6.14% compared with the previous day’s closing of 6.00%.
• Yield on the upcoming new 10-year benchmark paper (5.77% GS 2030)
increased 14 bps to close at 6.09% compared to the previous day’s close of
5.95%.
• RBI conducted the auction of three government securities namely 5.22% GS
2025, 6.19% GS 2034 and 7.16% GS 2050 for a notified amount of Rs.
30,000 crore. The cut off stood at Rs. 99.32 (YTM: 5.38%), Rs. 98.00 (YTM:
6.41%) and Rs. 105.11 (YTM: 6.76%). Green Shoe option of Rs. 2000 crore
has been exercised in 6.19% GS 2034.
• The Indian rupee in the spot trade rose against the greenback following
gains in the domestic equity market. The U.S. dollar also remained under
pressure after initial jobless claims in U.S. for the week ended Aug 15, 2020
increased unexpectedly.
• The euro fell against the greenback after Markit PMI preliminary readings
for Aug 2020 showed that business activity in U.S. outperforming that of
Europe.
• Gold prices fell after Markit PMI preliminary readings for Aug 2020 showed
that business activity in U.S. outperforming that of Europe.
• Brent crude fell amid persisting concerns over COVID-19 pandemic and its
impact on global growth.
• According to the Conference Board, U.S. leading economic index rose 1.4%
in Jul 2020 after surging by 3% in Jun 2020 and by 3.1% in May 2020.
Similarly, the coincident economic index rose 1.2% in Jul following 2.9% rise
in Jun.
• According to the minutes of the European Central Bank (ECB) policy
meeting in Jul 2020, ECB Governing Council left its key interest rates and
the volume of its asset purchases unchanged amid early signs of a gradual
economic recovery from the slump induced by the coronavirus pandemic.
However, there was significant uncertainty regarding the outlook. The
policymakers debated on extent of their flexibility in conducting emergency
bond purchases as part of unprecedented efforts to revive the euro zone
economy.
Markets for You
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