Global Indices
Global Indices 28-Dec Prev_Day Abs. Change
% Change
Russell 3000 1,955 1,940 15 0.77
Nasdaq 12,899 12,805 95 0.74
6,502 6,496 6 0.10
Nikkei 26,854 26,657 197 0.74
Hang Seng 26,315 26,387 -72 -0.27
Indian Indices 28-Dec Prev_Day Abs. Change
% Change
S&P BSE Sensex 47,354 46,974 380 0.81
Nifty 50 13,873 13,749 124 0.90
Nifty 100 13,987 13,862 125 0.90
Nifty 500 11,435 11,325 109 0.97
Nifty Bank 30,881 30,402 479 1.57
S&P BSE Power 2,070 2,050 20 0.98
S&P BSE Small Cap 17,939 17,676 263 1.49
S&P BSE HC 21,648 21,617 31 0.14
Date P/E Div. Yield P/E Div. Yield
28-Dec 33.09 0.84 38.15 1.14
Month Ago 31.49 0.92 35.66 1.22
Year Ago 26.13 1.02 28.48 1.23
Nifty 50 Top 3 Gainers
Company 28-Dec Prev_Day
% Change
Tata Motors 186 176 5.91
JSW Steel 387 366 5.56
HDFC Standard Life Insurance Company Limited
679 657 3.26
Nifty 50 Top 3 Losers Domestic News
Company 28-Dec Prev_Day
% Change
Sun Pharma 587 590 -0.59
HUL 2389 2402 -0.56
Shree Cements Limited 23716 23827 -0.47
Advance Decline Ratio
Advances 1972 1381
Declines 1046 576
Unchanged 179 91
Institutional Flows (Equity)
Description (Cr)
FII Flows* 164385
MF Flows** -46995
Dec 2020; **17
Dec 2020
Economic Indicator
YoY(%) Current Year Ago
Data as on 24 Dec, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 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
Quarter Ago
Upbeat global cues helped domestic equity market indices touch fresh
closing highs. Investors around the world cheered after U.S. President
signed a $2.3 trillion spending package. Further, market participants
continued to celebrate post Brexit trade deal between Britain and
European Union.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.81% and 0.9%
to close at 47,353.75 and 13,873.20 respectively.
The overall market breadth on BSE was strong with 1,972 scrips advancing
and 1,046 scrips declining. A total of 179 scrips remained unchanged.
On the BSE sectoral front, all sectors gained. S&P BSE Realty was the major
gainer, up 2.65%, followed by S&P BSE Metal and S&P BSE Consumer
Durables, up 2.25% and 2.19%, respectively. S&P BSE Industrials and S&P
BSE Basic Materials gained 1.76% and 1.54% respectively.
According to the Reserve Bank of India (RBI), maintaining an inflation target
of 4% is appropriate for India. RBI observed that there has been a steady
decline in inflation in the range of 4.1% to 4.3% since 2014 and opined that
a target set too below the trend may impart a deflationary bias to
monetary policy.
The Ministry of Finance has released the 9th weekly instalment of Rs.6,000
crore to the states to help them meet the compensation shortfall on
account of Goods and Services Tax. A total amount of Rs. 54,000 crore has
been released so far to all States and Union Territories with legislation. This
is in addition to additional borrowing permission of Rs.1,06,830 lakh crore
granted to the states.
According to a major domestic credit rating agency, the asset quality on
banks in India is expected to moderate with net non-performing assets
(NPAs) coming down to 2.5% by Mar 2022 (FY22) from an estimated 3.1% in
Mar 2021. The rating agency further projected bank credit growth may go
up from 3.9% - 5.2% in FY21 to 6% -7% in FY22. This is expected to come
on the back of low interest rates, improved business volumes, better job
prospects and income levels coupled with better competitive positioning of
The Cellular Operators' Association of India (COAI) sought support from the
government on issues like liquidity, rationalisation of levies, Adjusted Gross
Revenue (AGR) and spectrum pricing as it noted that the telecom sector
continues to be under financial stress. COAI further added that 5G launch is
expected to come in the later part of the year.
Adani International Container Terminal Pvt Ltd has raised $ 300 million by
issuing dollar bonds to foreign investors. The issue witnessed participation
from marquee investors with interests coming in from around 220 accounts
and was oversubscribed by almost ten times.
As per media reports, NTPC announced that its Dulanga coal mine is
commercially operational from Oct 1, 2020.
Asian markets largely closed in the green after U.S. President signed a $2.3
trillion coronavirus relief and government spending package into law.
Today (as on Dec 29), Asian markets opened mixed following overnight
gains on the Wall Street overnight. Both Nikkei and Hang Seng rose 1.27%
and 1.23%, respectively (as at 8 a.m. IST).
European markets rose strongly majorly by U.S. stimulus news and
announcement of a post-Brexit trade deal by the European Union and
U.S. markets gained in reaction to news that the U.S. President has finally
signed a $2.3 trillion government spending bill that includes approximately
$900 billion in coronavirus relief funds.
Markets for You
FII Derivative Trade Statistics 28-Dec
(Rs Cr) Buy
Sell Open Int.
Index Futures 4180.55 3078.34 15865.30
Index Options 535967.08 535187.64 77655.80
Stock Futures 16135.84 16162.78 101890.37
Stock Options 9731.66 9822.13 8718.88
Total 566015.13 564250.89 204130.35
28-Dec Prev_Day
Put Call Ratio (OI) 1.69 1.58 0.11
Put Call Ratio(Vol) 1.08 1.18 -0.10
28-Dec Wk. Ago Mth. Ago
Year Ago
Call Rate 3.20% 3.24% 3.13% 5.11%
T-Repo 3.16% 3.24% 2.88% 4.50%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.09% 3.10% 2.89% 4.90%
364 Day T-Bill 3.43% 3.38% 3.33% 5.26%
10 Year Gilt 5.93% 5.96% 5.89% 6.51%
G-Sec Vol. (Rs.Cr) 11519 24545 45782 42216
3.45% 3.44% 3.40% 5.25%
3 Month CP Rate 3.30% 3.35% 3.15% 5.40%
5 Year Corp Bond 6.36% 6.33% 6.39% 7.77%
1 Month CD Rate 3.13% 3.17% 2.98% 4.95%
3 Month CD Rate 3.09% 3.10% 3.22% 5.10%
1 Year CD Rate 3.77% 3.75% 3.57% 6.05%
Currency 28-Dec Prev_Day
USD/INR 73.59 73.58 0.00
GBP/INR 99.84 99.75 0.09
EURO/INR 89.95 89.81 0.14
JPY/INR 0.71 0.71 0.00
Commodity 28-Dec Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 47.47 47.74 45.55 61.73
Brent Crude($/bl)
50.43 50.36 46.06 70.65
Gold( $/oz) 1871 1876 1788 1510
Gold(Rs./10 gm) 49866 50115 48778 38791
Source: Refinitiv
Data as on 24 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
29 December 2020
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Nifty Dec 2020 Futures stood at 13,890.55, a premium of 17.35 points
above the spot closing of 13,873.20. The turnover on NSE’s Futures and
Options segment fell to Rs. 16,39,885.01 crore on December 28, 2020,
compared with Rs. 61,17,110.89 crore on December 24, 2020.
The Put-Call ratio stood at 0.95 compared with the previous session’s close
of 1.03.
The Nifty Put-Call ratio stood at 1.69 compared with the previous session’s
close of 1.58.
Open interest on Nifty Futures stood at 14.27 million, compared with the
previous session’s close of 13.89 million.
Bond yields almost steady as market participants awaited special open
market operation (OMO) by the Reserve Bank of India, due in this week.
Yield on the 10-year benchmark paper (5.77% GS 2030) remained
unchanged at 5.93% from the previous close of after trading in the range of
5.92% to 5.93%.
Banks borrowed Rs. 50 crore under the central bank’s marginal standing
facility on Dec 24, compared to Rs. 3 crore borrowing on Dec 23.
RBI announced the auction of four government securities- 4.48% GS 2023,
GoI FRB 2033, 6.22% GS 2035 and 6.67% GS 2050 for an aggregate amount
of Rs. 22,000 crore on Jan 01, 2021.
The Indian rupee was almost steady in lower volume trading session as likely
intervention by Reserve Bank of India (RBI) to buy greenback through state-
run banks neutralised weakness U.S. dollar index.
The euro gained against the U.S. dollar as risk sentiment was boosted by
Britain reaching a trade deal with the European Union.
Gold prices rose as the U.S. dollar came under pressure after the U.S.
President into law a $2.3 trillion pandemic aid package.
Brent crude prices fell on concerns over a new variant of the novel
According to data from the National Bureau of Statistics, China's industrial
profits increased 15.5% YoY in Nov 2020 following 28.2% rise in Oct 2020.
During Jan 2020 to Nov 2020, profits of industrial firms rose 2.4% from the
same period last year.
According to the data released by the statistical office INE, Spain retail sales
fell 4.3% YoY in Nov 2020 as against 3% fall in Oct 2020.
According to the Ministry of Economy, Trade and Industry, Japan’s industrial
output remained flat on a seasonally adjusted basis in Nov 2020 following
the 4.0% gain in Oct 2020. On a yearly basis, industrial production fell 3.4%
as against 3% fall in the previous month.
Markets for You