Global Indices
Global Indices 03-Dec Prev_Day Abs. Change
% Change
Russell 3000 1,878 1,878 0 0.00
Nasdaq 12,377 12,349 28 0.23
FTSE 6,490 6,463 27 0.42
Nikkei 26,809 26,801 8 0.03
Hang Seng 26,729 26,533 196 0.74
Indian Indices 03-Dec Prev_Day Abs. Change
% Change
S&P BSE Sensex 44,633 44,618 15 0.03
Nifty 50 13,134 13,114 20 0.15
Nifty 100 13,281 13,244 36 0.27
Nifty 500 10,894 10,858 35 0.33
Nifty Bank 29,449 29,463 -14 -0.05
S&P BSE Power 2,079 2,045 34 1.64
S&P BSE Small Cap 17,246 17,129 116 0.68
S&P BSE HC 20,788 20,636 152 0.74
Date P/E Div. Yield P/E Div. Yield
3-Dec 31.71 0.91 36.12 1.21
Month Ago 28.16 1.01 31.82 1.34
Year Ago 28.58 1.14 27.95 1.25
Nifty 50 Top 3 Gainers
Company 03-Dec Prev_Day
% Change
Maruti 7739 7207 7.39
ONGC 89 85 4.54
Hindalco 242 232 4.38
Nifty 50 Top 3 Losers Domestic News
Company 03-Dec Prev_Day
% Change
HDFC Bank 1377 1407 -2.11
SBI Life Insurance Company Limite
858 876 -1.99
TCS 2709 2750 -1.46
Advance Decline Ratio
BSE NSE
Advances 1961 1393
Declines 968 568
Unchanged 157 84
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 121079
MF Flows** -28408
*3
rd
Dec 2020; **1
st
Dec 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 02 Dec, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
04 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
-786
164
6.73%
(Jul-20)
• Indian equity markets eked out small gains with investors eyeing on the
outcome of the MPC meeting on Dec 4. Although the central bank
committee is widely anticipated to keep policy rates steady, however,
market participants are hoping for increase in economic growth forecast
for the upcoming quarters.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.03% and
0.15% to close at 44,632.65 and 13,133.90 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.85% and 0.68% respectively.
• The overall market breadth on BSE was strong with 1,961 scrips advancing
and 968 scrips declining. A total of 157 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 2.53%
followed by S&P BSE Utilities, up 2% and S&P BSE Oil & Gas, up 1.77%. S&P
BSE IT was the major loser, down 0.65% followed by S&P BSE Teck, down
0.55% and S&P BSE Finance, down 0.13%.
• Results from a private survey showed that the seasonally adjusted India
Services Business Activity Index came above the critical 50.0 mark that
separates growth from contraction for the second month in a row in Nov
2020. However, the same fell from 54.1 in Oct 2020 to 53.7 in Nov 2020.
The Composite PMI Output Index also came down to 56.3 in Nov 2020 from
58.0 in Oct 2020. According to the survey participants, a pickup in demand,
marketing efforts and relaxation of restrictions on coronavirus lockdowns
led to an increase in sales.
• India and the U.S. has signed a Memorandum of Understanding on
Intellectual Property cooperation. The objective of the move is to promote
exchange of information and dissemination of best practices, experiences
and knowledge on Intellectual Property.
• The Agricultural and Processed Food Products Export Development
Authority (APEDA) and the National Bank for Agriculture and Rural
Development (NABARD) signed an Memorandum of Understanding (MoU)
to work together to synergize the activities in the interest of agriculture
and allied sectors for bringing better value to the stakeholders.
• According to the Finance Minister, the Indian economy will return to
growth in FY22. The Finance Minister is of the view that higher spending in
the Union Budget which is due in Feb 2020 will lay the foundations for
stronger growth in the next four to five years.
• Flipkart is doing a partial spin-off of India’s largest digital payments
platform, PhonePe. The move will allow PhonePe to access committed,
long-term capital to finance its ambitions for growth. PhonePe is raising
$700 million in primary capital in this funding round at a post-money
valuation of $5.5 billion from current Walmart-led Flipkart investors.
• Alembic Pharmaceuticals announced that it has obtained approval for
Metolazone tablets indicated for the treatment of salt and water retention
caused by heart failure or kidney disease from the U.S. health regulator.
• Asian markets went up, led by optimism over U.S. stimulus talks and data
showing that the services sector in China expanded at a faster rate in Nov.
Expectation over imminent roll out of COVID-19 vaccine also supported
buying interest. Today (as on Dec 4), markets are trading mixed with
investors focusing on the developments on the shipment of COVID-19
vaccine by one of global pharma major. While Nikkei is down 0.18%, Hang
Seng is down 0.09% (as at 8:00 AM IST).
• European markets witnessed mixed trend with investors tracking
developments on the stimulus negotiations in the U.S., vaccine updates and
anxiety over Brexit talks.
• U.S. markets closed in the green after report from the Labor Department
showed bigger than expected decrease in initial U.S. jobless claims in the
week to Nov 28.
Markets for You
FII Derivative Trade Statistics
03-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 3449.87 4531.78 13070.83
Index Options 314176.20 312597.61 75188.83
Stock Futures 13563.23 13101.49 102648.70
Stock Options 4283.16 4279.48 4526.31
Total 335472.46 334510.36 195434.67
03-Dec Prev_Day
Change
Put Call Ratio (OI) 1.38 1.40 -0.02
Put Call Ratio(Vol) 1.12 0.97 0.15
03-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 3.09% 3.13% 3.18% 5.05%
T-Repo 2.98% 2.68% 3.04% 4.72%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.06% 2.90% 3.18% 4.85%
364 Day T-Bill 3.40% 3.38% 3.38% 5.10%
10 Year Gilt 5.93% 5.87% 5.90% 6.47%
G-Sec Vol. (Rs.Cr) 34649 33031 31462 30179
FBIL MIBOR
[1]
3.39% 3.40% 3.45% 5.24%
3 Month CP Rate 3.30% 3.15% 3.35% 5.25%
5 Year Corp Bond 6.44% 6.38% 6.50% 7.44%
1 Month CD Rate 3.05% 2.82% 3.16% 4.86%
3 Month CD Rate 3.39% 3.25% 3.20% 5.13%
1 Year CD Rate 3.66% 3.60% 3.73% 5.80%
Currency 03-Dec Prev_Day
Change
USD/INR 73.89 73.65 0.24
GBP/INR 98.93 98.83 0.10
EURO/INR 89.55 88.94 0.62
JPY/INR 0.71 0.71 0.00
Commodity 03-Dec
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 45.60 45.55 37.42 56.10
Brent Crude($/bl) 48.22 45.64 37.51 64.79
Gold( $/oz) 1840 1811 1908 1477
Gold(Rs./10 gm) 49361 48965 51068 38062
Source: Refinitiv
[1]
Data as on 02 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
04 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 13,191.85, a premium of 57.95 points
above the spot closing of 13,133.90. The turnover on NSE’s Futures and
Options segment rose to Rs. 49,24,536.60 crore on December 03, 2020,
compared with Rs. 28,98,439.57 crore on December 02, 2020.
• The Put-Call ratio stood at 0.96 compared with the previous session’s close
of 0.88.
• The Nifty Put-Call ratio stood at 1.38 compared with the previous session’s
close of 1.4.
• Open interest on Nifty Futures stood at 12.86 million, compared with the
previous session’s close of 12.46 million.
• Bond yields was slightly changed ahead of the Monetary Policy Committee’s
(MPC) three-day meeting policy decision on Dec 04, 2020 amid expectations
of a no change in policy rates due to a nascent economic recovery.
• Yield on the 10-year benchmark paper (5.77% GS 2030) increased 1 bps to
close at 5.93% from the previous close of 5.92% after trading in the range
of 5.91% to 5.94%.
• Banks did not borrowed on Dec 02, 2020 under the central bank’s marginal
standing facility compared with Rs. 21 crore on Dec 01, 2020.
• The Indian rupee weakened for the second straight session against the U.S.
dollar, on likely intervention by the Reserve Bank of India through consistent
greenback buying via some state-run banks to absorb portfolio flows.
• Euro rose against the U.S dollar as signs of progress towards U.S. fiscal
stimulus and optimism about Covid-19 vaccines kept market participants
upbeat.
• Gold prices rose on the back of a weaker greenback.
• Brent crude prices rose on growing expectations that OPEC and its partners,
known collectively as OPEC+, may decide to extend oil production cuts of
7.7 million barrels per day through to at least Mar 2021.
• According to Payroll processor ADP, U.S. private sector employment rose
less than expected by 307,000 jobs in Nov 2020 after climbing by an
upwardly revised 404,000 jobs in Oct 2020.
• According to final data from IHS Markit, U.K. services Purchasing Managers'
Index (PMI) fell to 47.6 in Nov 2020 from 51.4 in Oct 2020.
• According to data from IHS Markit, China's services Purchasing Managers'
Index rose to 57.8 in Nov 2020 from 56.8 in Oct 2020. The service sector
expanded strongly in Nov due to greater customer demand and a sustained
recovery in market conditions after the coronavirus disease outbreak.
Markets for You
