Global Indices
Global Indices 11-Dec Prev_Day Abs. Change
% Change
Russell 3000 1,879 1,882 -3 -0.15
Nasdaq 12,378 12,406 -28 -0.23
FTSE 6,547 6,600 -53 -0.80
Nikkei 26,653 26,756 -104 -0.39
Hang Seng 26,506 26,411 95 0.36
Indian Indices 11-Dec Prev_Day Abs. Change
% Change
S&P BSE Sensex 46,099 45,960 139 0.30
Nifty 50 13,514 13,478 36 0.26
Nifty 100 13,648 13,612 36 0.26
Nifty 500 11,171 11,141 30 0.27
Nifty Bank 30,605 30,510 95 0.31
S&P BSE Power 2,065 2,039 26 1.30
S&P BSE Small Cap 17,553 17,463 89 0.51
S&P BSE HC 21,027 21,118 -90 -0.43
Date P/E Div. Yield P/E Div. Yield
11-Dec 32.98 0.88 37.16 1.18
Month Ago 30.59 0.93 34.50 1.25
Year Ago 28.42 1.14 27.76 1.25
Nifty 50 Top 3 Gainers
Company 11-Dec Prev_Day
% Change
ONGC 97 92 5.62
NTPC 102 97 5.40
GAIL 126 120 4.83
Nifty 50 Top 3 Losers Domestic News
Company 11-Dec Prev_Day
% Change
Divi's Lab 3642 3732 -2.42
Axis Bank 613 627 -2.20
M&M 728 736 -1.17
Advance Decline Ratio
BSE NSE
Advances 1744 1125
Declines 1230 817
Unchanged 144 69
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 141628
MF Flows** -38770
*11
th
Dec 2020; **10
th
Dec 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.61%
(Oct-20)
4.62%
(Oct-19)
IIP
3.60%
(Oct-20)
-6.60%
(Oct-19)
GDP
-7.50%
(Sep-20)
4.40%
(Sep-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 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
-10.50%
(Jul-20)
-23.90%
(Jun-20)
Quarter Ago
Inflow/Outflow
-702
3513
6.73%
(Jul-20)
• Indian equity markets edged higher with Sensex and Nifty touching fresh
record highs and settling above 46,000 and 13,500 mark respectively.
Market participants showed renewed interest in PSUs across different
sectors on hopes of divestment and dividend expectations from cash-rich
PSU companies. Strong foreign fund inflow in the domestic equities buoyed
investor sentiments.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.3% and 0.26%
to close at 46,099.01 and 13,513.85 respectively.
• The overall market breadth on BSE was strong with 1,744 scrips advancing
and 1,230 scrips declining. A total of 144 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Utilities was the major gainer, up 1.93%
followed by S&P BSE Oil & Gas, up 1.65% and S&P BSE Power, up 1.3%. S&P
BSE Healthcare was the major loser, down 0.43% followed by S&P BSE Teck,
down 0.26% and S&P BSE IT, down 0.25%.
• Index of Industrial production (IIP) expanded 3.6% in Oct 2020 compared
with 6.6% contraction in Oct 2019 mostly attributed to rise in
manufacturing and electricity generation sectors. Manufacturing and
electricity generation sectors recorded a rise of 3.5% and 11.2%,
respectively. Mining sector contracted 1.5% in Oct 2020.
• Chairman N K Singh of the 15th Finance Committee called for a revision of
the constitutional provisions governing the basic federal structure through
advisory dialogues. He also called for a change to the fiscal spectrum rather
than a single point in order to better judge the states' spending
performance.
• In the past seven months, over Rs. 21,000 crore of dues have been paid by
the Union government agencies and Central Public Sector Enterprises to
micro, small and medium enterprises (MSMEs) for procurement from these
firms.
• The Reserve Bank of India (RBI) has confirmed that the outstanding credit
stipulation for the use of the Emergency Credit Line Guarantee Scheme 2.0
credit guarantee would not extend to the funds used under On Tap
Targeted Long-Term Repo Operation. At present, only organizations with
loans pending between Rs. 50 crore and Rs. 500 crore are eligible for a
credit guarantee under ECLGS 2.0.
• According to media reports, Cipla has settled blood cancer drug litigation
with Bristol Myers in U.S.
• According to media reports, Blackstone Group Inc. has agreed to acquire
the glass unit of Indian conglomerate Piramal Enterprises Ltd. for about $1
billion.
• Asian markets witnessed a mixed trend as optimism over COVID-19 vaccine
rollouts was overshadowed by concerns over a delay in U.S. stimulus and
Brexit uncertainty. Today (as on Dec 14), markets are trading higher on the
back of optimism over approval of COVID-19 vaccine and after data showed
Japan’s business sentiment improved in the three months to Dec. Both
Nikkei and Hang Seng are up 0.54% and 0.06% (as at 8:00 AM IST),
respectively.
• European markets went down amid uncertainties over Brexit, stalled U.S.
stimulus talks and worries over surging coronavirus cases.
• U.S. markets witnessed a mixed trend as strong gains in some of the major
stocks was neutralised by worries over impasse on a new fiscal stimulus bill.
Markets for You
FII Derivative Trade Statistics
11-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 2557.61 3868.33 12850.24
Index Options 578602.60 573065.80 65818.31
Stock Futures 12302.70 13481.91 104148.57
Stock Options 4384.82 4469.45 6388.44
Total 597847.73 594885.49 189205.56
11-Dec Prev_Day
Change
Put Call Ratio (OI) 1.52 1.52 0.00
Put Call Ratio(Vol) 1.04 1.09 -0.05
11-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 3.13% 3.06% 3.18% 5.00%
T-Repo 3.08% 3.00% 2.93% 4.58%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.00% 2.97% 3.14% 4.98%
364 Day T-Bill 3.40% 3.36% 3.43% 5.19%
10 Year Gilt 5.93% 5.90% 5.90% 6.77%
G-Sec Vol. (Rs.Cr) 45292 34649 21241 31334
FBIL MIBOR 3.48% 3.35% 3.43% 5.19%
3 Month CP Rate 3.35% 3.30% 3.34% 5.40%
5 Year Corp Bond 6.36% 6.37% 6.46% 7.77%
1 Month CD Rate 3.13% 3.07% 3.14% 4.86%
3 Month CD Rate 3.09% 3.30% 3.19% 5.09%
1 Year CD Rate 3.76% 3.61% 3.72% 5.90%
Currency 11-Dec Prev_Day
Change
USD/INR 73.59 73.67 -0.08
GBP/INR 98.00 98.40 -0.39
EURO/INR 89.47 89.08 0.39
JPY/INR 0.71 0.71 0.00
Commodity 11-Dec Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 46.54 46.18 41.21 58.69
Brent Crude($/bl) 50.73 49.27 42.59 67.21
Gold( $/oz) 1839 1838 1865 1475
Gold(Rs./10 gm) 48985 49153 50530 37631
Source: Refinitiv
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
14 December 2020
Derivative Statistics- Nifty Options
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• Nifty Dec 2020 Futures stood at 13,518.35, a premium of 4.50 points above
the spot closing of 13,513.85. The turnover on NSE’s Futures and Options
segment fell to Rs. 18,01,927.52 crore on December 11, 2020, compared
with Rs. 58,52,495.97 crore on December 10, 2020.
• The Put-Call ratio stood at 0.95 compared with the previous session’s close
of 1.03.
• The Nifty Put-Call ratio remained unchanged compared with the previous
session’s close of 1.52.
• Open interest on Nifty Futures stood at 13.53 million, compared with the
previous session’s close of 13.24 million.
• Bond yields rose even as the delayed announcement of a special open
market operation (OMO) next week failed to enthuse market participants.
• Yield on the 10-year benchmark paper (5.77% GS 2030) rose 4 bps to close
at 5.96% from the previous close of 5.92% after trading in the range of
5.91% to 5.96%.
• RBI announced the auction of 91 days, 182 days and 364 days Treasury Bills
auction for a notified amount of Rs. 9,000, Rs. 3,000 and Rs. 4,000 crore,
respectively on Dec 16, 2020.
• Banks borrowed Rs. 35 crore under the central bank’s marginal standing
facility on Dec 10 as against Rs. 2 crore borrowing on Dec 09, 2020.
• The Indian rupee in spot trade was almost steady against the U.S. dollar as
rise due to persistent foreign inflows into equity market neutralized
downside due to intervention by Reserve Bank of India (RBI) amid buying of
greenback through state run banks.
• Euro fell against the U.S. dollar as Brexit worries added to the delays facing
a new U.S. fiscal stimulus.
• Gold prices rose on hopes of an imminent U.S. COVID-19 relief package.
• Brent crude prices inched down as increases in the number of new
coronavirus infections and deaths around the world kept market sentiments
muted.
• A preliminary report from the University of Michigan showed that the U.S.
consumer sentiment rose to 81.4 in Dec 2020 from 76.9 in Nov 2020.
• According to the Financial Policy Committee of the Bank of England, the
banking system in U.K. is resilient and has the capacity to provide support to
households and businesses even if economic outcomes are considerably
worse than expected.
• Bundesbank said in its semi-annual report projected that the economy of
Germany may contract 5.5% in 2020, lower than a contraction of 7.1%
projected in Jun 2020. However, Bundesbank expects the economy of
Germany to witness a growth of 3% and 4.5% in 2021 and 2022.
Markets for You
