Global Indices
Global Indices 16-Dec Prev_Day Abs. Change
% Change
Russell 3000 1,918 1,908 10 0.53
Nasdaq 12,658 12,595 63 0.50
FTSE 6,571 6,513 58 0.88
Nikkei 26,757 26,688 70 0.26
Hang Seng 26,460 26,207 253 0.97
Indian Indices 16-Dec Prev_Day Abs. Change
% Change
S&P BSE Sensex 46,666 46,263 403 0.87
Nifty 50 13,683 13,568 115 0.85
Nifty 100 13,808 13,698 110 0.81
Nifty 500 11,320 11,224 96 0.86
Nifty Bank 30,698 30,691 7 0.02
S&P BSE Power 2,093 2,081 12 0.56
S&P BSE Small Cap 17,852 17,696 156 0.88
S&P BSE HC 21,305 21,139 165 0.78
Date P/E Div. Yield P/E Div. Yield
16-Dec 33.39 0.86 37.63 1.16
Month Ago 30.51 0.93 34.57 1.25
Year Ago 28.64 1.13 28.09 1.24
Nifty 50 Top 3 Gainers
Company 16-Dec Prev_Day
% Change
HDFC Ltd. 2425 2350 3.16
Hindalco 251 245 2.82
Divi's Lab 3718 3628 2.47
Nifty 50 Top 3 Losers Domestic News
Company 16-Dec Prev_Day
% Change
ICICI Bank 512 518 -1.08
NTPC 105 106 -0.90
Ultratech Cem 5113 5157 -0.85
Advance Decline Ratio
BSE NSE
Advances 1860 1216
Declines 1165 747
Unchanged 173 66
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 152453
MF Flows** -42210
*16
th
Dec 2020; **15
th
Dec 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.93%
(Nov-20)
5.54%
(Nov-19)
IIP
3.60%
(Oct-20)
-6.60%
(Oct-19)
GDP
-7.50%
(Sep-20)
4.40%
(Sep-19)
[1]
Data as on 15 Dec, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
17 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
52
2311
6.69%
(Aug-20)
• Indian equity markets continued with the bull rally, tracking firm global
cues. Growing optimism over U.S. stimulus measures, hopes of an effective
COVID-19 vaccine and expectation of a conclusive U.S. Fed meeting to
announce a positive policy lifted market sentiments.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.87% and
0.85% to close at 46,666.46 and 13,682.70 respectively.
• The overall market breadth on BSE was strong with 1,860 scrips advancing
and 1,165 scrips declining. A total of 173 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Realty was the major
gainer, up 5.03%, followed by S&P BSE Consumer Durables and S&P BSE
Telecom, up 2.39% and 1.75%, respectively. S&P BSE Metal and S&P BSE
Consumer Discretionary Goods & Services gained 1.75% and 1.42%
respectively.
• Securities Exchange Board of India approved the new shareholding
requirements for companies in the Corporate Insolvency Resolution
Process and agreed to relax the minimum participation of the promoter in
the follow-on public offer.
• According to a Reserve Bank of India report, sound loans and poor capital
positions mean that Indian banks are unable to cut their interest rates in
line with the key policy rate of the central bank, reducing monetary policy
effectiveness. The paper also illustrates that concerns about the quality of
assets must be addressed and the capital positions of lenders strengthened
to ensure that policy actions have their maximum effect.
• As per media reports, the finance ministry has extended the deadline for
states to introduce the ‘citizen-centric’ reforms until Feb 15, 2021, in order
to take advantage of the additional borrowing cap given by the Centre in
May. On Dec 31, this year the earlier deadline dropped. As per the ministry,
it is possible that the extension of the completion date of the reforms will
also motivate other States to expeditiously complete the reform process
and take advantage of the associated financial benefits.
• According to the Minister of Labour, EPFO has resolved 52 lakh COVID-19
non-refundable advance claims and disbursed Rs. 13,300 crore so far. In
March, in view of the lockdown to tackle the pandemic, the government
allowed over 6 crore subscribers of EPFO to withdraw a sum not exceeding
their basic pay and dearness allowance for three months from their EPF
account.
• Daimler Financial Services India (DFSI), Daimler AG's captive finance arm,
restructured loans worth Rs 1,399 crore until Sep 2020 as some accounts
were under pressure due to the economic slowdown.
• IBM has acquired Montreal-based fintech company Expertus Technologies
for an undisclosed amount. This is expected to improve the portfolio of IBM
as an end-to-end provider of digital payment solutions and to further
advance the hybrid cloud and AI strategy of IBM.
• Asian markets largely closed in the green as sentiments were underpinned
by possibility of new fiscal stimulus deal in U.S. before previous benefits
expire by the end of the year. Growing optimism over COVID-19 vaccine
provided additional support. Today (as on Dec 17), markets are trading
mixed with investors reacting to the latest policy announcements by the
U.S. Fed. Both Nikkei and Hang Seng are up 0.13% and 0.56% (as at 8:00 AM
IST), respectively.
• European markets went up after European Commission President said that
Britain and the EU have moved closer to sealing an agreement, and that the
next days were going to be decisive.
• U.S. markets witnessed a mixed trend after U.S. Fed announced its widely
expected decision to leave interest rates unchanged. It also revealed plans
to continue its asset purchase program until the economy shows
substantial progress.
Markets for You
FII Derivative Trade Statistics
16-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 3055.76 3151.02 11937.67
Index Options 214830.62 213414.58 84831.95
Stock Futures 12469.26 12646.47 104776.80
Stock Options 4720.88 4680.34 7532.49
Total 235076.52 233892.41 209078.91
16-Dec Prev_Day
Change
Put Call Ratio (OI) 1.74 1.54 0.20
Put Call Ratio(Vol) 1.17 0.98 0.19
16-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 3.20% 3.15% 3.21% 5.08%
T-Repo 3.18% 3.20% 2.62% 4.91%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.12% 3.09% 3.05% 5.02%
364 Day T-Bill 3.42% 3.43% 3.44% 5.11%
10 Year Gilt 5.94% 5.92% 5.90% 6.80%
G-Sec Vol. (Rs.Cr) 18337 37985 32529 19855
FBIL MIBOR
[1]
3.45% 3.46% 3.41% 5.24%
3 Month CP Rate 3.35% 3.35% 3.28% 5.37%
5 Year Corp Bond 6.29% 6.36% 6.47% 7.92%
1 Month CD Rate 3.11% 3.12% 3.09% 5.07%
3 Month CD Rate 3.11% 3.43% 3.07% 5.07%
1 Year CD Rate 3.75% 3.77% 3.74% 5.80%
Currency 16-Dec Prev_Day
Change
USD/INR 73.52 73.65 -0.13
GBP/INR 98.92 98.24 0.68
EURO/INR 89.41 89.50 -0.10
JPY/INR 0.71 0.71 0.00
Commodity 16-Dec
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 47.81 45.43 41.12 60.16
Brent Crude($/bl) 50.91 49.38 42.79 69.88
Gold( $/oz) 1864 1839 1889 1476
Gold(Rs./10 gm) 49601 49505 50738 37891
Source: Refinitiv
[1]
Data as on 15 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
17 December 2020
Derivative Statistics- Nifty Options
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• Nifty Dec 2020 Futures stood at 13,699.45, a premium of 16.75 points
above the spot closing of 13,682.70. The turnover on NSE’s Futures and
Options segment rose to Rs. 25,87,753.33 crore on December 16, 2020,
compared with Rs. 21,05,350.46 crore on December 15, 2020.
• The Put-Call ratio stood at 1 compared with the previous session’s close of
0.91.
• The Nifty Put-Call ratio stood at 1.74 compared with the previous session’s
close of 1.54.
• Open interest on Nifty Futures stood at 14.4 million, compared with the
previous session’s close of 13.41 million.
• Bond yields were almost steady ahead of the U.S. Federal Reserve’s policy
decision due later today.
• Yield on the 10-year benchmark paper (5.77% GS 2030) remained
unchanged at 5.94% from the previous close after trading in the range of
5.94% to 5.95%.
• Data from RBI showed that reserve money increased at an annualized rate
of 14.6% in the week to Dec 11, 2020, compared with an increase of 9.7% a
year earlier. The currency in circulation rose 21.9% during the same week
compared with an increase of 12.9% a year earlier.
• Banks borrowed Rs. 26 crore under the central bank’s marginal standing
facility on Dec 15, compared to that of Dec 14 when banks borrowed Rs. 10
crore.
• The Indian rupee rose against the greenback following decline in the dollar
index that fell to more-than-two-year lows amid buoyant risk appetite. The
rupee rose to 73.57 per U.S. dollar from the previous close of 73.64.
• Euro rose against the U.S. dollar after strong euro zone survey figures and
hopes of progress on Brexit negotiations.
• Gold prices rose as the greenback remained under pressure on hopes of
further fiscal support for the U.S. economy.
• Brent crude prices inched down after data from the American Petroleum
Institute showed that crude inventories in U.S. rose by 2 million barrels in
the week ended Dec 11, 2020.
• The U.S. Federal Reserve kept interest rates unchanged in its monetary
policy review. However, the U.S. Federal Reserve indicated that it will
continue its asset purchase program until the U.S. economy shows
significant progress towards the central bank's goals of price stability and
maximum employment.
• Preliminary survey results from IHS Markit showed that the composite
output index of euro zone rose to 49.8 in Dec 2020 from 45.3 in the
previous month.
• Preliminary survey results from IHS Markit showed that the flash composite
output index of Germany rose to 52.5 in Dec 2020 from 51.7 in Nov 2020.
The manufacturing PMI rose to 58.6 in Dec 2020 from 57.8 in Nov 2020. The
services PMI rose to 47.7 in Dec 2020 from 46.0 in the previous month.
Markets for You
