Global Indices
Global Indices 02-Dec Prev_Day Abs. Change
% Change
Russell 3000 1,878 1,883 -5 -0.27
Nasdaq 12,349 12,355 -6 -0.05
FTSE 6,463 6,385 79 1.23
Nikkei 26,801 26,788 13 0.05
Hang Seng 26,533 26,568 -35 -0.13
Indian Indices 02-Dec Prev_Day Abs. Change
% Change
S&P BSE Sensex 44,618 44,655 -37 -0.08
Nifty 50 13,114 13,109 5 0.04
Nifty 100 13,244 13,226 19 0.14
Nifty 500 10,858 10,835 23 0.21
Nifty Bank 29,463 29,818 -355 -1.19
S&P BSE Power 2,045 2,018 27 1.33
S&P BSE Small Cap 17,129 17,013 116 0.68
S&P BSE HC 20,636 20,607 29 0.14
Date P/E Div. Yield P/E Div. Yield
2-Dec 31.98 0.90 36.06 1.21
Month Ago 27.79 1.02 31.43 1.36
Year Ago 28.61 1.13 28.08 1.24
Nifty 50 Top 3 Gainers
Company 02-Dec Prev_Day
% Change
GAIL 117 111 5.42
ONGC 85 82 4.05
Asian Paints 2316 2230 3.85
Nifty 50 Top 3 Losers Domestic News
Company 02-Dec Prev_Day
% Change
Kotak Bank 1814 1876 -3.29
HDFC Bank 1407 1433 -1.84
HDFC Ltd. 2276 2307 -1.33
Advance Decline Ratio
BSE NSE
Advances 1693 1096
Declines 1237 796
Unchanged 155 124
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 120915
MF Flows** -19527
*2
nd
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 01 Dec, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 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
3538
6.73%
(Jul-20)
• Indian equity markets closed flat as investors keenly awaited cues from the
Monetary Policy Committee policy meeting, which commenced today.
Additionally, market participants focused on updates on COVID-19 vaccines
and cues from the global markets.
• Key benchmark indices S&P BSE Sensex lost 0.08% and Nifty 50 gained
0.04% to close at 44,618.04 and 13,113.75 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.55% and 0.68% respectively.
• The overall market breadth on BSE was strong with 1,693 scrips advancing
and 1,237 scrips declining. A total of 155 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 3.05%
followed by S&P BSE Metal, up 2.55% and S&P BSE Consumer Durables, up
2%. S&P BSE Bankex was the major loser, down 1.29% followed by S&P BSE
Finance, down 0.98%.
• Data from the Petroleum Planning & Analysis Cell (PPAC) showed that state
run oil companies spent a combined Rs. 39,877 crore for the period from
Apr to Oct of 2020 which is 40% of the full year’s target of Rs 98,522 crore.
The development comes after the ministry of finance directed the state run
oil companies to ramp up execution and spend half of the full-year capex
target by Sep 2020.
• According to the Union Minister for Coal and Mines, the Government is
considering coming up with many structural reforms in the mining sector to
help realise the sector’s true potential. The reforms will help increase
participation of the private sector in mineral exploration, redefine the
norms of exploration for auction of mineral blocks which will help to bring
about a seamless transition from exploration to production.
• A major global credit rating agency is of the view that earnings of most
Indian companies will improve in 2021 as restrictions on COVID-19 induced
lockdowns are gradually relaxed and economic activity gathers pace. The
rating agency also added that revival of demand across the sectors will help
improve the conditions for Indian corporates in 2021. However, it also
warned that while corporates with strong balance sheets will be able to
grow and refinance due to widespread credit availability, financially weaker
issuers will find challenges to have access to liquidity which will worsen
their operating challenges.
• According to the Oil Minister, India is considering diversifying its oil imports
from Iran and Venezuela under the new U.S. administration.
• Maruti Suzuki India Ltd expects 2021 to be better than 2020 as the
economy rebounds and consumers emerge from pandemic-induced
lockdowns to buy its vehicles.
• As per media reports, Tata Group is in advanced talks to acquire as much as
80% of BigBasket in a transaction that is expected to value the local online
grocer sponsored by Alibaba Group Holding Ltd. at around $1.6 billion.
• Asian markets witnessed mixed trend with sentiments underpinned after
the European Medicines Agency said it has received applications for
emergency approval of vaccines developed by the major global pharma
companies. Hopes for additional COVID-19 stimulus measures also
supported buying interest. Nonetheless, profit booking at higher levels
erased some of the gains. Today (as on Dec 3), markets are largely trading
lower ahead of private survey results of China’s services sector activity in
Nov. While Nikkei is down 0.28%, Hang Seng is up 0.41% (as at 8:00 AM IST).
• European markets largely went up on hopes of imminent availability of the
COVID-19 vaccine. Nonetheless, worries over rising prospects of a no-deal
Brexit kept investors wary.
• U.S. markets went up amid optimism that lawmakers will reach an
agreement on a new fiscal stimulus bill as both parties issued new
proposals.
Markets for You
FII Derivative Trade Statistics
02-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 2784.32 3266.51 13685.53
Index Options 196676.41 196660.00 71085.72
Stock Futures 13781.63 13589.40 101991.41
Stock Options 3811.50 3793.25 4084.55
Total 217053.86 217309.16 190847.21
02-Dec Prev_Day
Change
Put Call Ratio (OI) 1.40 1.46 -0.06
Put Call Ratio(Vol) 0.97 1.02 -0.05
02-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 3.09% 3.12% 3.18% 4.99%
T-Repo 2.97% 2.67% 3.05% 4.78%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.05% 2.93% 3.19% 4.88%
364 Day T-Bill 3.38% 3.39% 3.45% 5.09%
10 Year Gilt 5.92% 5.89% 5.89% 6.49%
G-Sec Vol. (Rs.Cr) 28178 42649 20864 29517
FBIL MIBOR
[1]
3.40% 3.39% 3.45% 5.20%
3 Month CP Rate 3.20% 3.20% 3.35% 5.30%
5 Year Corp Bond 6.44% 6.38% 6.52% 7.45%
1 Month CD Rate 3.07% 2.90% 3.21% 4.91%
3 Month CD Rate 3.37% 2.95% 3.22% 5.01%
1 Year CD Rate 3.65% 3.64% 3.76% 5.77%
Currency 02-Dec Prev_Day
Change
USD/INR 73.65 73.51 0.14
GBP/INR 98.83 98.24 0.59
EURO/INR 88.94 87.90 1.04
JPY/INR 0.71 0.70 0.00
Commodity 02-Dec
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 45.18 45.55 36.58 55.92
Brent Crude($/bl) 47.79 46.07 35.78 65.04
Gold( $/oz) 1831 1805 1895 1462
Gold(Rs./10 gm) 48973 48947 50890 37795
Source: Refinitiv
[1]
Data as on 01 Dec, 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
03 December 2020
Derivative Statistics- Nifty Options
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• Nifty Dec 2020 Futures stood at 13,162.45, a premium of 48.70 points
above the spot closing of 13,113.75. The turnover on NSE’s Futures and
Options segment rose to Rs. 28,98,439.57 crore on December 02, 2020,
compared with Rs. 17,48,724.93 crore on December 01, 2020.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close
of 0.95.
• The Nifty Put-Call ratio stood at 1.4 compared with the previous session’s
close of 1.46.
• Open interest on Nifty Futures stood at 12.46 million, compared with the
previous session’s close of 12.66 million.
• Bond yields was slightly changed ahead of the Monetary Policy Committee’s
three-day meeting policy decision on Dec 04, 2020 amid expectations of a
no change in policy rates.
• Yield on the 10-year benchmark paper (5.77% GS 2030) eased 1 bps to close
at 5.92% from the previous close of 5.93% after trading in the range of
5.92% to 5.95%.
• Data from RBI showed that reserve money increased at an annualized rate
of 15.3% in the week to Nov 27, 2020, compared with an increase of 12.4%
a year earlier. The currency in circulation rose 22.8% during the same week
compared with an increase of 13.1% a year earlier.
• Banks borrowed Rs. 21 crore on Nov 01, 2020 under the central bank’s
marginal standing facility compared with nil borrowing on Nov 27, 2020.
• The Indian rupee weakened against the U.S. dollar as likely intervention by
the Reserve bank of India in the cash market outweighed the impact of a
broad fall in greenback.
• Euro rose against the U.S. dollar after talks between U.S. Treasury Secretary
and House of Representatives Speaker lifted expectations of further fiscal
stimulus for the United States.
• Gold prices rose as progress in discussions on a U.S. coronavirus relief
package kept the U.S. dollar under pressure.
• Brent crude prices rose after Britain gave its approval for a COVID-19
vaccine.
• According to a report by the Institute for Supply Management, U.S.
manufacturing Purchasing Managers’ Index fell to 57.5 in Nov 2020 from
59.3 in Oct 2020.
• According to data from Eurostat, Eurozone jobless rate fell marginally to
8.4% in Oct 2020 from 8.5% in Sep 2020. Meanwhile, the youth
unemployment rate rose to 18% in Oct from 17.9% in Sep.
• According to data from the Cabinet Office, Japan's consumer confidence
index increased to 33.7 in Nov 2020 from 33.6 in Oct 2020.
• According to the Commerce Department, U.S. construction spending rose
more than expected 1.3% to an annual rate of $1.439 trillion in Oct 2020
after declining 0.5% to a revised rate of $1.420 trillion in Sep 2020.
Markets for You
