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31 Aug 2020
Markets for You
Global Indices
Global Indices 28-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,815 1,804 11 0.60
Nasdaq 11,696 11,625 70 0.60
FTSE 5,964 6,000 -36 -0.61
Nikkei 22,883 23,209 -326 -1.41
Hang Seng 25,422 25,281 141 0.56
Indian Indices 28-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 39,467 39,113 354 0.90
Nifty 50 11,648 11,559 88 0.76
Nifty 100 11,792 11,709 82 0.70
Nifty 500 9,641 9,581 60 0.63
Nifty Bank 24,524 23,600 923 3.91
S&P BSE Power 1,736 1,733 2 0.14
S&P BSE Small Cap 14,991 15,026 -35 -0.23
S&P BSE HC 19,279 19,312 -34 -0.17
Date P/E Div. Yield P/E Div. Yield
28-Aug 28.98 0.96 32.92 1.43
Month Ago 25.68 1.00 29.87 1.49
Year Ago 26.23 1.24 27.33 1.34
Nifty 50 Top 3 Gainers
Company 28-Aug Prev_Day
% Change
#
IndusInd Bank 666 606 9.87
Axis Bank 509 473 7.64
United Phos 519 497 4.53
Nifty 50 Top 3 Losers Domestic News
Company 28-Aug Prev_Day
% Change
#
JSW Steel 281 289 -2.97
Hero Moto 3059 3142 -2.62
Power Grid 182 185 -1.57
Advance Decline Ratio
BSE NSE
Advances 1249 750
Declines 1655 1147
Unchanged 161 100
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 35652
MF Flows** 22796
*28
th
Aug 2020; **26
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 27 Aug, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
31 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
-413
1433
7.22%
(Apr-20)
• Indian equity markets closed higher led by gains in the banking stocks,
which rose on hopes of better earning outlook. Positive global cues
generated by optimism over the recent developments of the coronavirus
treatment continued to boost market sentiments.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.9% and 0.76%
to close at 39,467.31 and 11,647.60 respectively.
• The overall market breadth on BSE was weak with 1,249 scrips advancing
and 1,655 scrips declining. A total of 161 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 4%
followed by S&P BSE Telecom, up 2.44% and S&P BSE Finance, up 2.32%.
S&P BSE Auto was the major loser, down 0.86% followed by S&P BSE
Utilities, down 0.85% and S&P BSE IT, down 0.58%.
• According to the chairman of Niti Aayog, the business environment in India
has continued to improve and the government will work hard to make India
one of the easiest countries to invest and build wealth. The chairman also
emphasized that the Government's attention would be on the vision of
Prime Minister 's ease of living for Indian people.
• Secretary of Housing and Urban Affairs welcomed the decision of the
Maharashtra government to reduce the stamp duty on property
registration and urged other states to do the same to raise demand in the
real estate sector. The secretary said Rs. 9,300 crore investment has been
authorised from Rs. 25,000 crore stress fund, which was set up to complete
the countrywide stalled housing projects.
• According to a major credit rating company, rural demand can contribute to
economic recovery but cannot act as a replacement for urban demand.
While the industrial and service sectors continue to struggle to recover
from COVID-19's adverse effects, the agricultural sector may become an
engine for economic recovery. However, it said much of rural demand,
given the encouraging sales of motorcycles / tractors in June 2020, comes
from non-durables consumers.
• India’s single largest iron ore producer, state-owned NMDC’s board had
approved a proposal to demerge NMDC Iron & Steel Plant. The three-
million-tonne (mt) steel plant is the only greenfield project slated for
commissioning in the near term.
• ICICI Bank has sold 2% stake in its subsidiary firm ICICI Securities Ltd
through an open market transaction for Rs. 310 crore.
• Asian markets witnessed a mixed trend as concerns about the Japanese
Prime Minister's chronic health issues coupled with political deadlock in U.S.
over stimulus measures to counter the menace of COVID-19 neutralised the
U.S. Federal Reserve's dovish gesture to achieve inflation averaging 2%
over time. Today (as on August 31), Asian markets were higher as the
number of reported Covid-19 cases globally crosses the 25 million mark.
Both Nikkei and Hang Seng were trading higher 1.64% and 1.04%,
respectively (as at 8 a.m. IST).
• European markets fell on concerns about global growth amid rising
coronavirus cases in Spain, France and Italy. Weak economic data out of
Germany and France, add to the downside.
• U.S. markets rose on optimism about the economic recovery following the
coronavirus crisis, which has helped lift the market well off their Mar 2020
lows.
Markets for You
FII Derivative Trade Statistics 28-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 7183.58 6583.58 11630.92
Index Options 295851.99 294388.53 42930.19
Stock Futures 20535.04 20607.31 86169.93
Stock Options 2519.05 2318.39 1696.49
Total 326089.66 323897.81 142427.53
28-Aug Prev_Day
Change
Put Call Ratio (OI) 1.64 1.55 0.09
Put Call Ratio(Vol) 0.89 1.15 -0.26
28-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 3.43% 3.43% 3.48% 5.36%
T-Repo 3.02% 3.01% 3.12% 5.25%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.27% 3.20% 3.28% 5.38%
364 Day T-Bill 3.58% 3.51% 3.45% 5.71%
10 Year Gilt 6.10% 6.14% 5.85% 6.57%
G-Sec Vol. (Rs.Cr) 41748 47140 39387 36101
FBIL MIBOR
[1]
3.70% 3.77% 3.90% 5.45%
3 Month CP Rate 3.45% 3.40% 3.65% 5.90%
5 Year Corp Bond 6.93% 6.85% 6.42% 7.74%
1 Month CD Rate 3.17% 3.11% 3.30% 5.26%
3 Month CD Rate 3.35% 3.21% 3.32% 5.60%
1 Year CD Rate 3.86% 3.80% 3.74% 6.43%
Currency 28-Aug Prev_Day
Change
USD/INR 73.35 74.33 -0.97
GBP/INR 97.28 98.15 -0.86
EURO/INR 87.07 87.91 -0.85
JPY/INR 0.69 0.70 -0.01
Commodity 28-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 42.91 42.27 40.84 55.71
Brent Crude($/bl) 45.84 44.13 43.73 60.51
Gold( $/oz) 1964 1939 1959 1539
Gold(Rs./10 gm) 50981 51840 52278 38795
Source: Refinitiv
[1]
Data as on 27 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
31 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 Sep 2020 Futures stood at 11,675.25, a premium of 27.65 points
above the spot closing of 11,647.60. The turnover on NSE’s Futures and
Options segment fell to Rs. 14,02,335.91 crore on August 28, 2020,
compared with Rs. 35,09,028.64 crore on August 27, 2020.
• The Put-Call ratio stood at 0.75 compared with the previous session’s close
of 0.92.
• The Nifty Put-Call ratio stood at 1.64 compared with the previous session’s
close of 1.55.
• Open interest on Nifty Futures stood at 12.72 million, compared with the
previous session’s close of 15.22 million.
• Bond yields fell after the Reserve Bank of India (RBI) conducted a special
open market operations (OMO) on Aug 27. However, heavy devolvement at
the weekly debt auction capped the gains.
• Yield on the present 10-year benchmark paper (5.79% GS 2030) fell 5 bps to
close at 6.10% compared to the previous day’s closing of 6.15% after
trading in a range of 6.09% to 6.20%.
• Yield on the upcoming new 10-year benchmark paper (5.77% GS 2030) fell 1
bps to close at 6.14% compared to the previous days close of 6.15% after
moving in a range of 6.10% to 6.21%.
• Banks did not borrow under the central bank’s marginal standing facility on
Aug 27, 2020 compared to that of Aug 26, 2020 when banks borrowed Rs. 4
crore.
• The Indian rupee in the spot trade rose against the greenback following
foreign fund inflow into domestic capital markets. Gains in the domestic
equity market also contributed to the upside.
• The euro rose against the greenback as the latter remained under pressure
after the U.S. Federal Reserve’s new policy framework indicated that
interest rates in U.S. would remain low for an extended period of time.
• Gold prices rose as the U.S. dollar weakened after the U.S. Federal Reserve
indicated a prolonged low interest rate strategy.
• Brent crude prices rose after the number of oil rigs in the U.S. fell by 3 to
180 in the week to Aug 28.
• Survey data from the market researcher GfK showed, Germany's consumer
confidence index (forward-looking) surprisingly fell to -1.8 in Sep 2020 from
-0.2 (revised from -0.3) in Aug 2020. After three months of improvement,
the index fell as income expectations deteriorated.
• Preliminary data from the statistical office Insee showed, France’s consumer
prices rose 0.2% YoY in Aug 2020, slower than 0.8% rise in Jul 2020.
Manufactured product and energy prices fell 0.2% and 7.1%, respectively in
Aug 2020. Food inflation slowed to 0.8% from 1.1%.
• Data from Destatis revealed, Germany's import prices contracted 4.6% YoY
in Jul 2020, slower than 5.1% fall in Jun 2020. The fall was majorly led by
31.5% plunged in energy prices. Leaving energy, import prices fell 1.4% YoY
in July.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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