Global Indices
Global Indices 23-Dec Prev_Day Abs. Change
% Change
Russell 3000 1,934 1,944 -11 -0.54
Nasdaq 12,771 12,808 -37 -0.29
FTSE 6,496 6,453 43 0.66
Nikkei 26,525 26,436 88 0.33
Hang Seng 26,343 26,119 224 0.86
Indian Indices 23-Dec Prev_Day Abs. Change
% Change
S&P BSE Sensex 46,444 46,007 437 0.95
Nifty 50 13,601 13,466 135 1.00
Nifty 100 13,726 13,577 148 1.09
Nifty 500 11,226 11,076 150 1.35
Nifty Bank 29,883 29,626 257 0.87
S&P BSE Power 2,042 2,017 25 1.24
S&P BSE Small Cap 17,572 17,118 454 2.65
S&P BSE HC 21,404 21,038 366 1.74
Date P/E Div. Yield P/E Div. Yield
23-Dec 32.46 0.85 37.40 1.17
Month Ago 31.44 0.92 35.55 1.23
Year Ago 26.17 1.02 28.58 1.22
Nifty 50 Top 3 Gainers
Company 23-Dec Prev_Day
% Change
Wipro 386 364 5.86
Cipla 825 795 3.73
Tata Steel 621 601 3.33
Nifty 50 Top 3 Losers Domestic News
Company 23-Dec Prev_Day
% Change
Divi's Lab 3689 3721 -0.87
Titan Industries Limited 1491 1499 -0.53
NTPC 99 99 -0.35
Advance Decline Ratio
BSE NSE
Advances 2287 1631
Declines 661 322
Unchanged 149 54
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 164189
MF Flows** -46995
*23
rd
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)
[1]
Data as on 22 Dec, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
3222
6.69%
(Aug-20)
• Indian equity markets stayed within the rising trajectory with Nifty 50
settling above 13600 mark. Positive global cues buoyed market sentiments
following report that a Brexit trade deal may be struck soon.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.95% and 1%
to close at 46,444.18 and 13,601.10 respectively.
• The overall market breadth on BSE was strong with 2,287 scrips advancing
and 661 scrips declining. A total of 149 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Realty was the major
gainer, up 3.97%, followed by S&P BSE Metal and S&P BSE IT, up 2.53% and
2.34%, respectively. S&P BSE Telecom and S&P BSE Teck gained 2.23% and
2.2% respectively.
• The central government gave approval to two states namely Andhra
Pradesh and Madhya Pradesh to borrow additional financial resources to
the tune of Rs. 4,898 crore. The move comes as the two states successfully
completed the set of reforms which was required for the functioning of the
urban local bodies.
• The World Bank and the government of India signed a $500 million project
under which safe and green national highway corridors will be built in the
states of Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh.
The project will assist in the construction of 783 km of highways in various
geographies. The construction will be carried out by integrating safe and
green technology designs such as local and marginal materials, industrial
byproducts, and other bioengineering solutions. This will help bring down
greenhouse gas emissions in the construction and maintenance of
highways.
• According to a major domestic credit rating agency, the domestic
securitisation volumes of retail pools originated by non-banking financial
companies and housing finance companies may recover in FY22. The
rebound is expected to come due to an improvement in investor
confidence and asset quality due to increase in collections. The rating
agency further added that improvement in economic activity due to
gradual relaxation of restrictions on coronavirus lockdowns and higher
funding requirement on account of increasing disbursements will also help
in the increase of domestic securitisation volumes.
• According to media reports, Bajaj Auto has signed a memorandum of
understanding with the state government of Maharashtra under which it
will set up a manufacturing facility with a proposed investment of Rs 650
crore in Chakan which is the biggest industrial corridor in western suburbs
of Pune. Production is expected to start in the facility from 2023.
• According to media reports, Mahindra Logistics Ltd has recently signed a
memorandum of understanding with 1Bridge, which is an enterprise based
in Bangalore to work together on last-mile delivery & distribution of
products in rural India.
• Asian markets closed in the green with investors taking positive cues from
reports regarding approval of a USD 900 billion COVID-19 relief package for
the world's biggest economy by the U.S. lawmakers. However, gains were
restricted after U.S. President sought for increase in the stimulus checks for
individuals to USD 2,000 from USD 600, or he may disapprove the
legislation. Today (as on Dec 24), markets are trading higher as investors
tracked development on Brexit trade deal talks. While Nikkei is up 0.52%,
Hang Seng traded flat (as at 8:00 AM IST).
• European markets went up amid rising optimism about a post-Brexit trade
agreement.
• U.S. markets largely closed in the green following a slew of positive U.S.
economic data, including a report from the Labor Department showing a
significant pullback in initial jobless claims in the week to Dec 19.
Markets for You
FII Derivative Trade Statistics
23-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 6669.62 6080.14 15588.67
Index Options 450423.56 449206.89 94023.93
Stock Futures 17224.92 16035.03 100075.00
Stock Options 12309.58 12355.31 8206.69
Total 486627.68 483677.37 217894.29
23-Dec Prev_Day
Change
Put Call Ratio (OI) 1.45 1.26 0.20
Put Call Ratio(Vol) 1.00 0.89 0.11
23-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 3.26% 3.20% 3.11% 5.11%
T-Repo 3.23% 3.18% 2.89% 4.87%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.10% 3.12% 2.95% 5.02%
364 Day T-Bill 3.45% 3.42% 3.38% 5.18%
10 Year Gilt 5.95% 5.94% 5.89% 6.57%
G-Sec Vol. (Rs.Cr) 14131 18337 24475 30738
FBIL MIBOR
[1]
3.44% 3.43% 3.39% 5.25%
3 Month CP Rate 3.30% 3.35% 3.18% 5.40%
5 Year Corp Bond 6.32% 6.29% 6.38% 7.67%
1 Month CD Rate 3.21% 3.11% 3.01% 5.08%
3 Month CD Rate 3.10% 3.11% 3.06% 5.11%
1 Year CD Rate 3.79% 3.75% 3.55% 5.97%
Currency 23-Dec Prev_Day
Change
USD/INR 73.81 73.89 -0.07
GBP/INR 98.99 99.07 -0.08
EURO/INR 89.93 90.31 -0.38
JPY/INR 0.71 0.71 0.00
Commodity 23-Dec
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 47.89 47.81 42.89 60.46
Brent Crude($/bl) 51.70 50.91 44.34 69.33
Gold( $/oz) 1872 1864 1836 1485
Gold(Rs./10 gm) 49706 49601 50180 38128
Source: Refinitiv
[1]
Data as on 22 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
24 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 13,612.45, a premium of 11.35 points
above the spot closing of 13,601.10. The turnover on NSE’s Futures and
Options segment fell to Rs. 28,84,493.46 crore on December 23, 2020,
compared with Rs. 34,71,531.68 crore on December 22, 2020.
• The Put-Call ratio stood at 0.91 compared with the previous session’s close
of 0.93.
• The Nifty Put-Call ratio stood at 1.45 compared with the previous session’s
close of 1.26.
• Open interest on Nifty Futures stood at 13.57 million, compared with the
previous session’s close of 13.48 million.
• Bond yields were largely unchanged ahead of a weekly auction of
government securities on Friday and as market participants awaited the
Reserve Bank of India’s open market operations (OMO).
• Yield on the 10-year benchmark paper (5.77% GS 2030) remained
unchanged at 5.95% from the previous close after trading in the range of
5.94% to 5.96%.
• RBI conducted the auction of 91 days, 182 days and 364 days Treasury bills
for a notified amount of Rs. Rs. 9,000 crore, Rs. 3,000 crore and Rs. 4,000
crore, respectively, which fully accepted. The cut-off stood at Rs. 99.2308
(YTM: 3.1092%), Rs. 98.3570 (YTM: 3.3501%) and Rs. 96.6670 (YTM:
3.4574%), respectively.
• RBI conducted the auction of OMO purchase auction of State Development
Loans of 10 State Governments for the notified amount of Rs. 10,000 crore,
which were fully accepted. The cut-off yield stood in the range of 6.42% to
6.57%.
• After falling in the last two days, the Indian rupee rose against the U.S.
dollar, as regional currencies and equities recovered from yesterday’s selloff
prompted by the new COVID-19 variant.
• The euro rose against the U.S. dollar as market participants remained
optimistic about a U.S. stimulus package
• Gold prices rose as market participants remained optimistic about a U.S.
stimulus package.
• Brent crude prices rose after U.S. crude inventories fell by 562,000 barrels in
the week ended Dec 18, 2020 to 499.5 million barrels.
• Data from the U.S. Labour Department showed that initial jobless claims for
the week ended Dec 19, 2020 fell by 89,000 to 803,000 from the previous
week's revised level of 892,000 (885,000 originally reported for the previous
week).
• Data from the U.S. Commerce Department showed that durable goods
orders in U.S. grew 0.9% in Nov 2020 after rising by an upwardly revised
1.8% in Oct 2020. Excluding orders for transportation equipment, durable
goods orders grew 0.4% in Nov 2020 after increasing 1.9% in Oct 2020.
• Data from the Conference Board showed that the U.S. consumer confidence
index fell to 88.6 in Dec 2020 from a downwardly revised 92.9 in Nov 2020
(96.1 originally reported for the previous month).
Markets for You
