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26 Aug 2020
Markets for You
Global Indices
Global Indices 25-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,772 1,760 13 0.72
Nasdaq 11,466 11,380 87 0.76
FTSE 6,037 6,105 -68 -1.11
Nikkei 23,297 22,986 311 1.35
Hang Seng 25,486 25,552 -65 -0.26
Indian Indices 25-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,844 38,799 45 0.12
Nifty 50 11,472 11,466 6 0.05
Nifty 100 11,626 11,619 6 0.06
Nifty 500 9,509 9,498 11 0.11
Nifty Bank 23,092 22,833 259 1.14
S&P BSE Power 1,740 1,744 -4 -0.22
S&P BSE Small Cap 14,871 14,855 16 0.11
S&P BSE HC 19,169 19,262 -93 -0.48
Date P/E Div. Yield P/E Div. Yield
25-Aug 28.40 0.98 32.43 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 25-Aug Prev_Day
% Change
#
Tata Motors 127 121 4.87
Bajaj Finance 3643 3492 4.32
SBI 208 201 3.23
Nifty 50 Top 3 Losers Domestic News
Company 25-Aug Prev_Day
% Change
#
Eicher Motors
[1]
2176 21702 -89.97
GAIL 100 102 -1.87
Shree Cements Limited 21811 22211 -1.80
Advance Decline Ratio
BSE NSE
Advances 1330 851
Declines 1502 1058
Unchanged 145 88
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 30811
MF Flows** 23083
*25
th
Aug 2020; **24
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 24 Aug, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
26 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
35
1062
7.22%
(Apr-20)
• Indian equity markets eked out small gains as initial strong buying
witnessed in the stocks of several index heavyweights were largely offset
by continuous rise in COVID-19 cases. Meanwhile, signs of progress in U.S.-
China trade negotiations provided some support to the buying interest.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.12% and
0.05% to close at 38,843.88 and 11,472.25 respectively.
• The overall market breadth on BSE was weak with 1,330 scrips advancing
and 1,502 scrips declining. A total of 145 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 1.23%
followed by S&P BSE Finance, up 1.01% and S&P BSE Industrials, up 0.53%.
S&P BSE Realty was the major loser, down 2.09% followed by S&P BSE
Utilities, down 0.6% and S&P BSE FMCG, down 0.55%.
• The Reserve Bank of India’s (RBI) total asset grew 30% YoY to Rs. 53.35 lakh
crore in 2019-20 as against Rs. 41.03 lakh crore in 2018-19 following rise in
domestic and foreign investments. On the liability side, the increase was
due to a 21.52% rise in notes issued, 30.46% rise in other liabilities and
provisions and a 53.72% jump in deposits. The central bank follows Jul-Jun
fiscal period. But the current year (FY21) will end in Mar 2021 to enable a
transition to start its financial year from Apr to end in Mar. So FY22 would
run from Apr 2021 to Mar 2022.
• RBI cautioned that after the pandemic, India's potential production could
suffer a structural downshift. Thus RBI said that in a post-pandemic
scenario, deep-seated and wide-ranging structural reforms to regain losses
and return to the path of sustainable economic growth.
• According to a major credit rating agency, Indian economy could have
contracted by 25% in the first quarter of the FY21 making it one of the
most negative estimates for Asia's third largest economy.
• According to the World Bank, the data on monthly night-time light intensity
show that India's economy is unlikely to return to maximum capacity even
though restrictions are eased without effectively reducing the possibility of
a Covid-19 infection. The World Bank proposed using two proxies --daily
electricity consumption and night-time light intensity-- to gage Covid 19's
economic effect and containment measures. According to the Bank, night
light intensity decreased by an average of 12% in over two-thirds of the
districts in April 2020. Local infection rates influence the light intensity of
the night, with more cases resulting in greater decreases. It has serious
implications for economic recovery.
• Punjab National Bank informed the Ministry of Corporate Affairs (MCA) to
have received its first tranche of recoveries of around Rs. 24 crore in the
Nirav Modi fraud litigation case in the United States.
• Tata Motors chairman at a shareholders' meeting said reducing debt
(group's has a net automotive debt of Rs. 48,000 crore) and improving the
product portfolio will be top priority of the company.
• Asian markets largely closed in the green led by positive developments on
the coronavirus treatment and signs of progress in U.S.-China trade
negotiations. Today (as on August 26), Asian markets were mixed as major
indexes on Wall Street overnight notched new records. While Nikkei was
trading lower 0.25%, Hang Seng was up 0.12% (as at 8 a.m. IST).
• European markets ended on a mixed note as market participants may also
be looking ahead to U.S. Federal Reserve Chairman’s highly anticipated
speech at the Jackson Hole symposium on Thursday. Market initially rose
when a U.S. biotechnology company said it concluded advanced talks to
provide 80 million doses of its experimental coronavirus shot to the
European Union.
• U.S. markets mostly rose ahead to U.S. Federal Reserve Chairman’s highly
anticipated speech at the Jackson Hole symposium on Thursday.
Markets for You
FII Derivative Trade Statistics 25-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 3731.75 2945.61 10173.95
Index Options 125392.76 124932.51 56942.34
Stock Futures 33233.94 32805.51 92008.58
Stock Options 7488.02 7362.36 6169.65
Total 169846.47 168045.99 165294.52
25-Aug Prev_Day
Change
Put Call Ratio (OI) 1.52 1.63 -0.11
Put Call Ratio(Vol) 1.04 0.98 0.06
25-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 3.43% 3.42% 3.42% 5.34%
T-Repo 3.09% 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 3.15% 3.25% 3.26% 5.40%
364 Day T-Bill 3.50% 3.48% 3.45% 5.65%
10 Year Gilt 6.16% 5.99% 5.82% 6.57%
G-Sec Vol. (Rs.Cr) 34741 22729 41818 27556
FBIL MIBOR
[1]
3.75% 3.79% 3.84% 5.40%
3 Month CP Rate 3.45% 3.50% 3.65% 5.90%
5 Year Corp Bond 6.87% 6.68% 6.43% 7.70%
1 Month CD Rate 3.13% 3.09% 3.26% 5.49%
3 Month CD Rate 3.45% 3.27% 3.30% 5.50%
1 Year CD Rate 3.77% 3.80% 3.85% 6.64%
Currency 25-Aug Prev_Day
Change
USD/INR 74.40 74.83 -0.43
GBP/INR 97.46 98.06 -0.60
EURO/INR 87.86 88.29 -0.44
JPY/INR 0.70 0.71 -0.01
Commodity 25-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 43.12 42.84 41.21 54.05
Brent Crude($/bl) 46.80 45.91 43.72 58.93
Gold( $/oz) 1928 2001 1901 1526
Gold(Rs./10 gm) 51440 53752 50960 37599
Source: Refinitiv
[1]
Data as on 24 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
26 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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• Nifty Aug 2020 Futures stood at 11,471.65, a discount of 0.60 points below
the spot closing of 11,472.25. The turnover on NSE’s Futures and Options
segment rose to Rs. 17,51,531.87 crore on August 25, 2020, compared with
Rs. 13,31,390.82 crore on August 24, 2020.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.81.
• The Nifty Put-Call ratio stood at 1.52 compared with the previous session’s
close of 1.63.
• Open interest on Nifty Futures stood at 11.81 million, compared with the
previous session’s close of 11.69 million.
• Bond yields fell after the Reserve Bank of India announced special open
market operations on Aug 27, 2020. which eased concerns of excess supply
of sovereign debt in the market to some extent.
• Yield on the present 10-year benchmark paper (5.79% GS 2030) fell 6 bps to
close at 6.16% compared to the previous day’s closing of 6.22% after
trading in a range of 6.11% to 6.17%.
• Yield on the upcoming new 10-year benchmark paper (5.77% GS 2030) fell 4
bps to close at 6.13% compared to the previous days close of 6.17% after
moving in a range of 6.08% to 6.14%.
• Banks borrowed Rs. 202 crore under the central bank’s marginal standing
facility on Aug 24, 2020 compared to that of Aug 21, 2020 when banks
borrowed none.
• The Indian rupee in the spot trade inched down marginally against the
greenback due to dollar demand by state run banks possibly on behalf of
Reserve Bank of India.
• The euro rose against the greenback after data showed that the German
business climate index rose more than expected in Aug 2020. Euro closed at
$1.1829, up 0.36% compared with the previous close of $1.1787.
• Gold prices fell after senior officials in U.S. and China expressed their
commitment towards Phase One Trade Deal.
• Brent crude prices rose on growing possibility of production cuts in the U.S.
Gulf Coast.
• The Conference Board report showed U.S. consumer confidence index
plunged to 84.8 in Aug 2020 from downwardly revised 91.7 (92.6 originally
reported) in Jul 2020. The fall reflected a significant deterioration in
consumers' assessment of current conditions as it slumped to 84.2 in Aug
2020 from 95.9 in Jul 2020.
• Revised data, Germany's Gross Domestic Product (GDP) contracted 9.7%
QoQ in the Jun quarter of 2020, better than initial estimates of 10.1% fall
and worse than 2% fall in the Mar quarter of 2020.
• Survey data from ifo Institute showed, German business confidence index
increased to 92.6 in Aug 2020 from 90.4 in Jul 2020. This was the fourth
consecutive rise. The current conditions index rose to 87.9 from 84.5 a
month ago.
Markets for You
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