Global Indices
Global Indices 18-Dec Prev_Day Abs. Change
% Change
Russell 3000 1,937 1,936 0 0.03
Nasdaq 12,756 12,765 -9 -0.07
FTSE 6,529 6,551 -22 -0.33
Nikkei 26,763 26,807 -43 -0.16
Hang Seng 26,499 26,678 -180 -0.67
Indian Indices 18-Dec Prev_Day Abs. Change
% Change
S&P BSE Sensex 46,961 46,890 70 0.15
Nifty 50 13,761 13,741 20 0.14
Nifty 100 13,873 13,853 20 0.15
Nifty 500 11,355 11,346 9 0.08
Nifty Bank 30,715 30,847 -132 -0.43
S&P BSE Power 2,079 2,088 -9 -0.44
S&P BSE Small Cap 17,769 17,811 -42 -0.24
S&P BSE HC 21,475 21,320 155 0.73
Date P/E Div. Yield P/E Div. Yield
18-Dec 33.60 0.86 37.84 1.15
Month Ago 31.50 0.91 35.59 1.23
Year Ago 29.11 1.11 28.48 1.22
Nifty 50 Top 3 Gainers
Company 18-Dec Prev_Day
% Change
Dr.Reddy 5229 5073 3.07
Infosys 1190 1159 2.64
Bajaj Auto 3348 3270 2.36
Nifty 50 Top 3 Losers Domestic News
Company 18-Dec Prev_Day
% Change
IndusInd Bank 905 936 -3.27
ONGC 99 102 -2.46
HDFC Bank 1411 1442 -2.11
Advance Decline Ratio
BSE NSE
Advances 1247 751
Declines 1744 1196
Unchanged 159 83
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 157103
MF Flows** -46995
*18
th
Dec 2020; **17
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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
21 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
-1156
2633
6.69%
(Aug-20)
• Indian equity markets managed to end the last trading session of the week
in the green after witnessing initial selling pressure on account of profit
booking. However, late buying at lower levels helped benchmarks stage
recovery.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.15% and
0.14% to close at 46,960.69 and 13,760.55 respectively.
• The overall market breadth on BSE was weak with 1,247 scrips advancing
and 1,744 scrips declining. A total of 159 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 1.7%
followed by S&P BSE Teck, up 1.27% and S&P BSE Consumer Durables, up
0.95%. S&P BSE Telecom was the major loser, down 1.41% followed by S&P
BSE Oil & Gas, down 0.74% and S&P BSE Realty, down 0.67%.
• According to the minutes of the Monetary Policy Committee (MPC), the
Reserve Bank of India is likely to retain its accommodative monetary policy
stance, but the scope for further rate cuts is limited by a faster-than-
expected recovery in inflation. In the midst of persistently high inflation,
the MPC kept key interest rates unchanged this month, but said it would
ensure enough liquidity for stressed sectors to keep India's nascent
economic recovery on track.
• According to the Labour Ministry, point-to-point rate of inflation based on
the CPI-AL (Consumer Price Index-Agricultural Labourers) and CPI-RL (Rural
Labourers) fell to 6% and 5.86%, respectively, in Nov 2020, from 6.59% and
6.45%, respectively, in Oct 2020. The decrease came mainly due to lower
prices of food items.
• According to media reports, the Textiles Ministry is implementing a system
in which the Production Linked Incentive Scheme for technical textiles and
manmade fibre segment will be introduced. As per the Textile Ministry, the
new Textile Policy is on the anvil, recalling that the previous national Textile
Policy was announced two decades ago.
• As per media reports, the government will encourage banks to use the co-
originating funding model to address the needs of the country's micro,
small and medium enterprises (MSMEs), especially in smaller towns.
• Reliance Industries and BP Plc have begun production off the east coast of
India from the R-cluster, ultra-deep-water gas field in block KG D6. In block
KG D6, R-cluster, Satellites cluster and MJ, RIL and BP are developing three
deepwater gas projects, which together are expected to meet about 15%
of India's gas demand by 2023.
• Razorpay said it has seen good business growth over the past few months
and aims to reach a total payment volume (TPV) of USD 50 billion by the
end of 2021.
• Asian markets largely went down, dragged by fresh instance of U.S.- China
tension following media reports that U.S. government is adding multiple
Chinese companies, including the latter's top chipmaker, to a trade
blacklist. Today (as on Dec 21), markets are trading lower with investors
looking ahead to the release of China’s benchmark lending rate. Both Nikkei
and Hang Seng are down 0.57% and 0.55% (as at 8:00 AM IST), respectively.
• European markets slipped amid worries over surging COVID-19 cases and
likelihood of tighter restrictions, uncertainty over Brexit and U.S. stimulus
deal, and fresh tensions between the U.S. and China.
• U.S. markets went down as traders cashed in on recent gains following the
recent rally.
Markets for You
FII Derivative Trade Statistics
18-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 2526.76 2901.30 15022.76
Index Options 397405.26 395849.01 76026.65
Stock Futures 12033.34 12394.64 104494.56
Stock Options 5588.78 5575.50 8241.47
Total 417554.14 416720.45 203785.44
18-Dec Prev_Day
Change
Put Call Ratio (OI) 1.62 1.77 -0.15
Put Call Ratio(Vol) 1.01 1.22 -0.21
18-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 3.22% 3.13% 3.13% 5.06%
T-Repo 3.23% 3.08% 2.68% 4.89%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.09% 3.00% 2.85% 4.97%
364 Day T-Bill 3.33% 3.40% 3.40% 5.25%
10 Year Gilt 5.96% 5.93% 5.88% 6.71%
G-Sec Vol. (Rs.Cr) 23604 45292 22121 39930
FBIL MIBOR 3.40% 3.48% 3.39% 5.25%
3 Month CP Rate 3.35% 3.35% 3.25% 5.40%
5 Year Corp Bond 6.30% 6.36% 6.44% 7.81%
1 Month CD Rate 3.09% 3.13% 2.94% 5.06%
3 Month CD Rate 3.09% 3.09% 3.02% 5.07%
1 Year CD Rate 3.74% 3.76% 3.69% 5.86%
Currency 18-Dec Prev_Day
Change
USD/INR 73.51 73.43 0.08
GBP/INR 99.50 99.54 -0.05
EURO/INR 90.03 89.79 0.25
JPY/INR 0.71 0.71 0.00
Commodity 18-Dec Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 48.99 46.54 41.62 60.88
Brent Crude($/bl) 52.54 50.73 42.46 70.96
Gold( $/oz) 1881 1839 1871 1475
Gold(Rs./10 gm) 49939 48985 50738 37955
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
21 December 2020
Derivative Statistics- Nifty Options
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• Nifty Dec 2020 Futures stood at 13,774.05, a premium of 13.50 points
above the spot closing of 13,760.55. The turnover on NSE’s Futures and
Options segment fell to Rs. 15,96,153.71 crore on December 18, 2020,
compared with Rs. 48,87,816.78 crore on December 17, 2020.
• The Put-Call ratio remained unchanged compared with the previous
session’s close of 0.96.
• The Nifty Put-Call ratio stood at 1.62 compared with the previous session’s
close of 1.77.
• Open interest on Nifty Futures stood at 15.04 million, compared with the
previous session’s close of 14.86 million.
• Bond yields were largely unchanged as market participants awaited more
open market operations (OMO) by the Reserve Bank of India (RBI).
• Yield on the 10-year benchmark paper (5.77% GS 2030) inched up 1 bps to
close at 5.96% from the previous close of 5.95% after trading in the range
of 5.95% to 5.98%.
• RBI announced to conduct 91 days, 182 days and 364 days Treasury Bills
auction for a notified amount of Rs. 9,000 crore, Rs. 3,000 crore and Rs.
4,000 crore, respectively on Dec 23, 2020.
• Banks borrowed Rs. 21 crore under the central bank’s marginal standing
facility on Dec 17, compared to that of Dec 16 when banks borrowed Rs. 32
crore.
• The Indian rupee gained against the U.S. dollar amid broad decline in dollar
index and continuous inflows into domestic equity market.
• Euro fell against the U.S. dollar on profit booking after rising in the last four
consecutive sessions as dollar index fell to its lowest in two and a half years.
• Gold prices inched down as market participants resorted to profit booking.
• Brent crude prices rose as prospects of an imminent U.S. fiscal stimulus deal
and the rollout of COVID-19 vaccines boosted market sentiment.
• The Bank of Japan (BoJ) in its monetary policy review decided to keep
interest rates unchanged at -0.1%. BoJ also decided to extend the
timeframe for emergency loan facility by six months to Sep 2021.
• Data from the U.S. Commerce Department showed that housing starts
jumped by 1.2% to an annual rate of 1.547 million in Nov 2020 from a
revised of 1.528 million in Oct 2020. Building permits rose 6.2% to an annual
rate of 1.639 million in Nov 2020 from 1.544 million in Oct 2020.
• Survey results released by the Munich-based ifo Institute showed that the
German business confidence index rose to 92.1 in Dec 2020 from revised
90.9 in the previous month. The expectations index improved to 92.8 in Dec
2020 from 91.8 in the previous month.
Markets for You
