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25 Aug 2020
Markets for You
Global Indices
Global Indices 24-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,760 1,752 7 0.43
Nasdaq 11,380 11,312 68 0.60
FTSE 6,105 6,002 103 1.71
Nikkei 22,986 22,920 65 0.28
Hang Seng 25,552 25,114 438 1.74
Indian Indices 24-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,799 38,435 364 0.95
Nifty 50 11,466 11,372 95 0.83
Nifty 100 11,619 11,536 83 0.72
Nifty 500 9,498 9,424 75 0.79
Nifty Bank 22,833 22,300 533 2.39
S&P BSE Power 1,744 1,743 1 0.06
S&P BSE Small Cap 14,855 14,625 230 1.57
S&P BSE HC 19,262 19,228 34 0.18
Date P/E Div. Yield P/E Div. Yield
24-Aug 28.40 0.98 32.41 1.46
Month Ago 25.37 1.02 29.35 1.43
Year Ago 25.62 1.27 26.79 1.36
Nifty 50 Top 3 Gainers
Company 24-Aug Prev_Day
% Change
#
Zee Ente. 202 192 4.97
Kotak Bank 1387 1339 3.57
IndusInd Bank 529 514 3.04
Nifty 50 Top 3 Losers Domestic News
Company 24-Aug Prev_Day
% Change
#
Eicher Motors 2176 21702 -89.97
Power Grid 185 189 -2.04
Adani Ports & SEZ 349 354 -1.51
Advance Decline Ratio
BSE NSE
Advances 1650 1068
Declines 1221 860
Unchanged 163 96
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 29749
MF Flows** 23253
*24
th
Aug 2020; **21
st
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 21 Aug, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 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
-55
438
7.22%
(Apr-20)
• Indian equity markets closed in the green as different industries are
reopening after coronavirus-imposed lockdown. Risk appetite boosted
further after the U.S. Food & Drug Administration authorised the use of
blood plasma from recovered patients as a treatment option for COVID-19.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.95% and
0.83% to close at 38,799.08 and 11,466.45 respectively.
• The overall market breadth on BSE was strong with 1,650 scrips advancing
and 1,221 scrips declining. A total of 163 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 2.45%
followed by S&P BSE Finance, up 2% and S&P BSE Telecom, up 1.64%. S&P
BSE Realty was the major loser, down 1.17% followed by S&P BSE Utilities,
down 0.54% and S&P BSE Metal, down 0.2%.
• According to corporate affairs ministry numbers, corporate incorporations
in Jul 2020 reached a seven-year high of 16,487, or 530 per day, which is
50% increase from a year earlier. The returns are also on the rise in the
month of Aug 2020, not just companies but also LLPs.
• The University Grants Commission (UGC) has asked higher education and
research institutions to promote the deployment of RT-PCR testing
machines that are available with them in nearby district hospitals and
government laboratories conducting COVID-19 tests to help counter the
pandemic. UGC has noted that temporary installation of these machines
could build additional facilities for approximately 60,000 tests per day.
• According to a major state-run bank report, states are likely to face
uncovered losses of up to Rs. 3.1 lakh crore for FY21. Decline in the states’
own tax revenue, likely loss in state goods and services tax (SGST), the
expected drop in revenue from the Centre and the additional expenditure
by the states, their total expected loss stood at Rs. 6.2 lakh crore for FY21.
However, states will only be able to borrow an additional Rs 3.13 lakh crore
from the increased state borrowing cap of Rs. 4.28 lakh crore, owing to the
conditions set by the Centre. Only eight states were able to meet all the
requirements for the 2% additional borrowing of gross state domestic
product (GSDP), which leaves the states with an undisclosed annual loss of
Rs. 3.1 lakh crore on aggregate.
• Chief Economic Adviser said India wants more global banks to help it reach
$5 trillion by 2024-25. He mentioned that India has only one bank in the
world's top 100 bank list, while a much smaller country has more banks
than that.
• Future Retail has avoided a default as it repaid around $14 million (around
Rs. 100 crore) interest on foreign bonds to investors.
• Adani Group is set to acquire a 74% stake in Mumbai International Airport,
which operates the country’s second-largest airport. The current operator is
settling its disputes with its minority partner and exiting the venture.
• Asian markets closed in the green, mainly led by U.S. Food and Drug
Administration’s emergency authorization for the use of blood plasma to
treat hospitalized coronavirus patients. Investors also keenly awaited the
U.S. Fed Chief’s speech at the Jackson Hold symposium, later this week, for
further clarity on the direction of U.S. monetary policy. Today (as on August
25), Asian markets majorly rose following rise on the Wall Street overnight.
While Nikkei was trading higher 1.32%, Hang Seng was down 0.10% (as at 8
a.m. IST).
• European markets gained strongly, on hopes for a coronavirus treatment
amid resurgence of virus cases around the world. U.S. regulators authorized
the use of blood plasma from recovered patients as a treatment option for
COVID-19.
• U.S. markets rose following upbeat news on the coronavirus front. The US
Food and Drug Administration announced that it has issued an emergency
use blood plasma for the treatment of COVID-19 in hospitalized patients.
Markets for You
FII Derivative Trade Statistics 24-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 3369.00 2132.56 10121.76
Index Options 83722.67 83041.46 52648.36
Stock Futures 19275.76 18960.41 90472.57
Stock Options 7087.22 7122.11 6852.74
Total 113454.65 111256.54 160095.43
24-Aug Prev_Day
Change
Put Call Ratio (OI) 1.63 1.54 0.08
Put Call Ratio(Vol) 0.98 0.98 0.00
24-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 3.43% 3.48% 3.42% 5.34%
T-Repo 3.08% 3.20% 3.18% 5.19%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.12% 3.22% 3.26% 5.40%
364 Day T-Bill 3.45% 3.50% 3.45% 5.65%
10 Year Gilt 6.18% 5.98% 5.82% 6.57%
G-Sec Vol. (Rs.Cr) 31638 28816 41818 27556
FBIL MIBOR
[1]
3.77% 3.82% 3.84% 5.40%
3 Month CP Rate 3.40% 3.50% 3.65% 5.90%
5 Year Corp Bond 6.87% 6.69% 6.43% 7.70%
1 Month CD Rate 3.16% 3.04% 3.26% 5.49%
3 Month CD Rate 3.25% 3.28% 3.30% 5.50%
1 Year CD Rate 3.75% 3.79% 3.85% 6.64%
Currency 24-Aug Prev_Day
Change
USD/INR 74.83 74.88 -0.05
GBP/INR 98.06 99.12 -1.07
EURO/INR 88.29 88.86 -0.56
JPY/INR 0.71 0.71 0.00
Commodity 24-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 42.39 42.84 41.21 54.05
Brent Crude($/bl) 44.92 45.32 43.72 58.93
Gold( $/oz) 1932 1986 1901 1526
Gold(Rs./10 gm) 52024 52690 50960 37599
Source: Refinitiv
[1]
Data as on 21 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
25 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 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 11,474.15, a premium of 7.70 points above
the spot closing of 11,466.45. The turnover on NSE’s Futures and Options
segment rose to Rs. 13,31,390.82 crore on August 24, 2020, compared with
Rs. 8,85,496.25 crore on August 21, 2020.
• The Put-Call ratio stood at 0.81 compared with the previous session’s close
of 0.85.
• The Nifty Put-Call ratio stood at 1.63 compared with the previous session’s
close of 1.54.
• Open interest on Nifty Futures stood at 11.69 million, compared with the
previous session’s close of 11.87 million.
• Bond yields surged for the second consecutive session as lack of steps from
the Reserve Bank of India to absorb the excessive supply of sovereign debt
in the market kept market participants wary.
• Yield on the present 10-year benchmark paper (5.79% GS 2030) surged 8
bps to close at 6.22% compared to the previous day’s closing of 6.14% after
trading in a range of 6.15% to 6.22%.
• Yield on the upcoming new 10-year benchmark paper (5.77% GS 2030)
surged 8 bps to close at 6.17% compared to the previous days ‘close of
6.09% after moving in a range of 6.10% to 6.17%.
• Banks did not borrow under the central bank’s marginal standing facility on
Aug 21, 2020 and Aug 20, 2020.
• The Indian rupee in the spot trade rose against the greenback following
gains in the domestic equity market. Intervention by the Reserve Bank of
India also contributed to the upside.
• The euro was almost steady against the greenback as market participants
awaited a highly anticipated speech from the U.S. Federal Reserve chief
about the U.S. central bank's policy framework review.
• Gold prices fell after the U.S. Food and Drug Administration approved the
emergency use of blood plasma in COVID-19 patients which boosted market
sentiments.
• Brent crude prices surged amid reports that two storms are progressing
toward the Gulf Coast.
• The National Association of Realtors report showed, U.S. existing home
sales jumped by a record 24.7% YoY to an annual rate of 5.86 million in Jul
2020, higher than 20.2% to a revised rate of 4.70 million (4.72 million
originally reported) in Jun 2020.
• Data from the Monetary Authority of Singapore and the Ministry of Trade
and Industry, consumer prices in Singapore fell 0.4% YoY in Jul 2020,
compared with a 0.5% drop in Jun 2020. Decline was largely due to a smaller
decline in private transport costs.
• Data from the Ministry of Economic Affairs showed, Taiwan’s industrial
production increased 2.65% YoY in Jul 2020, slower than 7.19% rise in Jun
2020. Manufacturing output rose 2.64% YoY in July, after a 7.63% increase
in the prior month.
Markets for You
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