Global Indices
Global Indices 01-Dec Prev_Day Abs. Change
% Change
Russell 3000 1,883 1,863 20 1.08
Nasdaq 12,355 12,199 156 1.28
FTSE 6,385 6,266 119 1.89
Nikkei 26,788 26,434 354 1.34
Hang Seng 26,568 26,341 226 0.86
Indian Indices 01-Dec Prev_Day Abs. Change
% Change
S&P BSE Sensex 44,655 44,150 506 1.15
Nifty 50 13,109 12,969 140 1.08
Nifty 100 13,226 13,080 145 1.11
Nifty 500 10,835 10,719 116 1.08
Nifty Bank 29,818 29,609 209 0.71
S&P BSE Power 2,018 1,999 19 0.95
S&P BSE Small Cap 17,013 16,875 138 0.82
S&P BSE HC 20,607 20,319 288 1.42
Date P/E Div. Yield P/E Div. Yield
1-Dec 32.05 0.90 36.05 1.21
Month Ago 27.55 1.03 31.90 1.36
Year Ago 28.39 1.14 28.10 1.24
Nifty 50 Top 3 Gainers
Company 01-Dec Prev_Day
% Change
GAIL 111 103 7.84
Sun Pharma 539 512 5.41
IndusInd Bank 896 858 4.41
Nifty 50 Top 3 Losers Domestic News
Company 01-Dec Prev_Day
% Change
Nestle India Limited 17418 17889 -2.63
Kotak Bank 1876 1907 -1.64
Titan Industries Limited 1341 1361 -1.48
Advance Decline Ratio
BSE NSE
Advances 1891 1294
Declines 1003 651
Unchanged 178 100
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 117377
MF Flows** -19527
*1
st
Dec 2020; **23
rd
Nov 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.61%
(Oct-20)
4.62%
(Oct-19)
IIP
0.20%
(Sep-20)
-4.60%
(Sep-19)
GDP
-7.50%
(Sep-20)
4.40%
(Sep-19)
[1]
Data as on 27 Nov, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
02 December 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
-16.60%
(Jun-20)
-23.90%
(Jun-20)
Quarter Ago
Inflow/Outflow
-1831
9133
6.73%
(Jul-20)
• Indian equity markets closed in the green with investor taking positive cues
from recovery in the GDP data for the Sep quarter, although the same
remained in contraction. Consistency in GST revenue figures for Nov also
generated positive vibes.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.15% and
1.08% to close at 44,655.44 and 13,109.05 respectively.
• The overall market breadth on BSE was strong with 1,891 scrips advancing
and 1,003 scrips declining. A total of 178 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 3.49%
followed by S&P BSE Telecom, up 2.52% and S&P BSE Teck, up 2.42%. S&P
BSE Consumer Durables was the only loser, down 0.16%.
• Data from a private survey showed that the growth in the Indian
manufacturing sector lost momentum in Nov 2020. The seasonally adjusted
IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell to
56.3 in Nov 2020 from 58.9 in Oct 2020. This can be attributed to slower
increases in factory orders, exports, buying levels and output. Meanwhile,
restrictions on account of COVID-19 pandemic caused a further drop in
payroll numbers. Input costs and output charges rose at accelerated rates
which nevertheless remained below their respective long-run averages.
• Data from the Ministry of Finance showed that the gross tax revenue in
terms of Goods and Services Tax (GST) stood at Rs. 1,04,963 crore in Nov
2020. GST collections thus came in at more than Rs. 1 lakh crore for the
second consecutive month. GST revenues for Nov 2020 was thus 1.4%
higher than the GST revenues collected in the same month of the previous
year.
• According to the Ministry of Finance, the Indian government and the Asian
Development Bank (ADB) signed a $132.8 million loan to strengthen and
modernize the distribution network and improve the quality of power
supplied to households, industries, and businesses in India’s northeastern
state of Meghalaya.
• Paytm said it would waive all merchant transaction charges and encourage
its merchant partners to accept zero-charge payments from the Paytm
wallet, UPI apps, and RuPay cards. During the ongoing pandemic, Paytm will
bear Rs 600 crore in MDR charges annually from banks and other charges to
finance micro, small and medium enterprises (MSMEs).
• Bajaj Auto announced that it had initiated a preliminary discussion with its
Austrian partner, Pierer Industrie AG, to simplify its shareholding in the
premium bike manufacturer KTM by moving its shares to a new holding
company.
• Asian markets closed in the green as upbeat private survey results of
Chinese manufacturing sector for Nov indicated a sustained recovery from
the COVID-19 outbreak. Hopes of coronavirus vaccine becoming available
soon also boosted market sentiment. Today (as on Dec 2) markets are
largely trading higher following overnight gains in U.S. markets. Both Nikkei
and Hang Seng are down 0.20% and 0.45% (as at 8:00 AM IST), respectively.
• European markets went up as optimism about coronavirus vaccine and
robust factory data from China outweighed Brexit deal uncertainty.
• U.S. markets closed in the green after a group of policymakers proposed a
$908 billion stimulus plan. However, Senate Majority Leader did not
endorse the bipartisan plan, saying he wants to pass a “targeted relief bill”
instead.
Markets for You
FII Derivative Trade Statistics
01-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 5744.90 3974.42 13474.85
Index Options 211743.76 210891.26 66774.07
Stock Futures 30034.63 33769.72 100247.99
Stock Options 4544.68 4616.88 3571.66
Total 252067.97 253252.28 184068.57
01-Dec Prev_Day
Change
Put Call Ratio (OI) 1.46 1.28 0.18
Put Call Ratio(Vol) 1.02 0.98 0.04
01-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 3.09% 3.07% 3.25% 5.06%
T-Repo 2.93% 2.74% 3.07% 4.90%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 2.92% 2.87% 3.19% 4.85%
364 Day T-Bill 3.39% 3.40% 3.42% 5.11%
10 Year Gilt 5.91% 5.88% 5.88% 6.47%
G-Sec Vol. (Rs.Cr) 28045 37471 40111 36131
FBIL MIBOR
[1]
3.40% 3.39% 3.48% 5.25%
3 Month CP Rate 3.18% 3.20% 3.35% 5.30%
5 Year Corp Bond 6.45% 6.37% 6.47% 7.47%
1 Month CD Rate 3.05% 2.95% 3.19% 5.00%
3 Month CD Rate 3.28% 3.09% 3.20% 5.08%
1 Year CD Rate 3.60% 3.58% 3.72% 5.79%
Currency 01-Dec Prev_Day
Change
USD/INR 73.51 73.80 -0.29
GBP/INR 98.24 98.71 -0.46
EURO/INR 87.90 88.02 -0.12
JPY/INR 0.70 0.71 -0.01
Commodity 01-Dec
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 44.49 44.68 35.62 58.07
Brent Crude($/bl) 47.00 46.05 35.76 66.34
Gold( $/oz) 1815 1808 1878 1464
Gold(Rs./10 gm) 48314 48958 50645 37876
Source: Refinitiv
[1]
Data as on 27 Nov, 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
02 December 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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) 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 of the statements &
assertions
contained in these materials may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the Investment Manager,
the
Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data
or
information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to
the
extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on
information/data
arising out of their own investigations. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an
informed
investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct,
indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.
• Nifty Dec 2020 Futures stood at 13,143.40, a premium of 34.35 points
above the spot closing of 13,109.05. The turnover on NSE’s Futures and
Options segment rose to Rs. 17,48,724.93 crore on December 01, 2020,
compared with Rs. 15,49,668.30 crore on November 27, 2020.
• The Put-Call ratio stood at 0.95 compared with the previous session’s close
of 0.93.
• The Nifty Put-Call ratio stood at 1.46 compared with the previous session’s
close of 1.28.
• Open interest on Nifty Futures stood at 12.66 million, compared with the
previous session’s close of 12.69 million.
• Bond yields rose as market participants awaited the Monetary Policy
Committee’s meeting schedules this week.
• Yield on the 10-year benchmark paper (5.77% GS 2030) rose 2 bps to close
at 5.93% from the previous close of 5.91% after trading in the range of
5.91% to 5.93%.
• Indian Oil Corporation plans to raise funds by selling commercial papers
maturing within Dec 2020 and will pay a coupon of 3.00% for which it has
received commitments worth around Rs. 500 crore.
• Banks did not borrowed on Nov 27, 2020 under the central bank’s marginal
standing facility compared with Rs. 84 crore on Nov 26, 2020.
• In the last two months, the Indian rupee recorded its largest single-session
increase against the U.S. dollar, supported by aggressive greenback sales by
foreign banks, on behalf of their custodian clients.
• The euro rose and touched near 3-month high against the U.S. dollar on
expectations of more monetary stimulus from the U.S. and a strengthening
recovery elsewhere pushed up riskier currencies.
• Gold prices rose as its safe haven appeal improved on increase in
coronavirus infection cases in U.S. and rising physical demand from India and
China.
• Brent crude prices rose on hopes that a COVID-19 vaccine will lead to swift
economic growth.
• The Organisation for Economic Cooperation and Development has
downgraded global growth outlook for 2021 and targeted for determined
policy action to achieve sustainable and inclusive growth. The world
economy is forecasted to fall 4.2% in 2020 before rebounding 4.2% in 2021.
The agency upgraded its 2020 outlook from -4.5% but lowered the
projection for next year from 5%. The growth is seen at 3.7% in 2022.
• According to a report by the National Association of Realtors, U.S. pending
home sales fell 1.1% to 128.9 in Oct 2020 after falling 2.0% to a revised
130.3 in Sep 2020.
• According to data from IHS Markit, China’s Caixin manufacturing Purchasing
Managers' Index rose to 54.9 in Nov 2020 from 53.6 in Oct 2020.
Markets for You
