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07 Feb 2020
Markets for You
Global Indices
Global Indices 06-Feb Prev_Day Abs. Change
% Change
#
Russell 3000 1,516 1,507 9 0.58
Nasdaq 9,572 9,509 63 0.67
FTSE 7,505 7,482 22 0.30
Nikkei 23,874 23,320 554 2.38
Hang Seng 27,494 26,787 707 2.64
Indian Indices 06-Feb Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,306 41,143 163 0.40
Nifty 50 12,138 12,089 49 0.40
Nifty 100 12,274 12,212 62 0.51
Nifty 500 10,004 9,951 53 0.53
Nifty Bank 31,304 31,002 302 0.97
S&P BSE Power 1,912 1,898 14 0.74
S&P BSE Small Cap
14,730 14,654 76 0.52
S&P BSE HC 14,057 13,947 111 0.80
Date P/E Div. Yield P/E Div. Yield
6-Feb 24.62 1.03 27.16 1.26
Month Ago 25.47 1.05 27.89 1.26
Year Ago 23.64 1.14 27.39 1.22
Nifty 50 Top 3 Gainers
Company 06-Feb Prev_Day
% Change
#
IndusInd Bank 1334 1273 4.83
Eicher Motors 20391 19487 4.64
Zee Ente. 236 227 4.04
Nifty 50 Top 3 Losers Domestic News
Company 06-Feb Prev_Day
% Change
#
Tata Motors 179 184 -2.67
Cipla 440 448 -1.77
Infosys 771 785 -1.68
Advance Decline Ratio
BSE NSE
Advances 1379 1063
Declines 1121 764
Unchanged 156 126
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 11051
MF Flows** 1809
*6
th
Feb 2020; **4
th
Feb 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.35%
(Dec-19)
2.11%
(Dec-18)
IIP
1.80%
(Nov-19)
0.20%
(Nov-18)
GDP
4.50%
(Sep-19)
7.00%
(Sep-18)
[1]
Data as on 05 Feb 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
07 February 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
-1.40%
(Aug-19)
5.00%
(Jun-19)
Quarter Ago
Inflow/Outflow
63
530
3.99%
(Sep-19)
• Indian equity markets gained after the Reserve Bank of India (RBI) took
measures to boost credit growth to the real estate sector. Though RBI kept
its lending rate unchanged, it tweaked maintenance of cash reserve ratio
(CRR) rules by providing relaxation in calculation of total deposits. The
central bank did this to increase lending to micro, small and medium
enterprises as well as the auto and home segments.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.4% and 0.4%
to close at 41,306.03 and 12,137.95 respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 0.81% and 0.52% respectively.
• The overall market breadth on BSE was strong with 1,379 scrips advancing
and 1,121 scrips declining. A total of 156 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 1.93%
followed by S&P BSE Finance, up 1.21% and S&P BSE Utilities, up 1.05%.
S&P BSE Consumer Durables was the major loser, down 1.1% followed by
S&P BSE IT, down 0.8% and S&P BSE FMCG, down 0.5%.
• The Monetary Policy Committee (MPC) kept key policy repo rate unchanged
in its sixth bi-monthly monetary policy review. The policy repo rate thus
presently stands at 5.15%. The reverse repo rate remains unchanged at
4.90% while the marginal standing facility rate and the bank rate remains at
5.40%. However, the MPC decided to continue with its accommodative
stance on the monetary policy.
• According to MPC, it was prudent to keep the monetary policy on hold as
the inflation outlook of the country moving ahead is clouded with
uncertainty and retail inflation may remain at elevated levels in the short
term. This can be attributed to increase in prices of pulses and proteins due
to shortfall in kharif production, adjustment in telecom charges, the
increase in prices of drugs and pharmaceuticals, impact of new emission
norms and increase in customs duties on items of retail consumption as
mandated by the government in the Union Budget.
• The Reserve Bank of India (RBI) announced that from the fortnight
beginning Feb 15, 2020 it would conduct Long Term Repo Operations
(LTROs) for one- and three-year periods for up to a total amount of Rs. 1
lakh crore at the policy repo rate of 5.15%. The objective of the move is to
improve the monetary transmission and improve credit flows to productive
sectors. RBI in order to improve bank credit to specific sectors has decided
to do away with the cash reserve ratio of 4% for retail loans for
automobiles, residential housing and loans to micro, small and medium
enterprises (MSMEs).
• MPC raised its retail inflation forecasts for H1FY21 to a range of 5.0% to
5.4%, higher than its previous projection of 3.8% to 4.0% for the same
period as the near-term inflation outlook remains uncertain. According to
MPC, food prices may go up as rise in input costs may lead to an increase in
milk prices while a shortfall in kharif production may lead to an increase in
prices of pulses. Volatility in global crude oil prices and uncertain global
economic outlook are also expected to impact the retail inflation outlook
for the country.
• Asian equity markets gained on the back of upbeat U.S. economic data and
reports that a vaccine or treatment has been developed to combat the
outbreak. However, World Health Organization officials tamped down such
expectations. Today (as of Feb 7), Asian markets opened lower as investors
awaited key Chinese economic data. Both Nikkei and Hang Seng dropped
0.26% and 0.17% (as at 8.a.m. IST), respectively.
• European markets closed higher on the back of upbeat earnings and as
virus outbreak fears eased. China’s decision to cut tariffs on many U.S.
goods also went down well with investors.
• U.S. markets gained as China announced it will halve tariffs on several U.S.
products. Strong corporate earnings and economic data supported
sentiment.
Markets for You
FII Derivative Trade Statistics
06-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 3516.64 3836.95 14934.57
Index Options 416367.39 415511.13 61668.34
Stock Futures 17032.45 16550.66 102501.94
Stock Options 6121.82 6001.73 3690.42
Total 443038.30 441900.47 182795.27
06-Feb Prev_Day
Change
Put Call Ratio (OI) 1.38 1.39 -0.01
Put Call Ratio(Vol) 1.00 0.90 0.10
06-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate 5.00% 4.91% 4.90% 6.42%
T-Repo 4.94% 4.91% 3.95% 6.34%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.13% 5.11% 4.86% 6.51%
364 Day T-Bill 5.26% 5.27% 5.23% 6.78%
10 Year Gilt 6.45% 6.56% 6.57% 7.36%
G-Sec Vol. (Rs.Cr) 112264 28528 30893 27325
FBIL MIBOR
[1]
5.15% 5.15% 5.20% 6.48%
3 Month CP Rate 5.80% 5.75% 5.85% 7.65%
5 Year Corp Bond 7.14% 7.32% 7.63% 8.53%
1 Month CD Rate 5.16% 5.15% 4.91% 6.60%
3 Month CD Rate 5.47% 5.53% 5.40% 7.17%
1 Year CD Rate 6.10% 5.94% 6.03% 8.02%
Currency 06-Feb Prev_Day
Change
USD/INR 71.26 71.27 -0.01
GBP/INR 92.52 92.77 -0.26
EURO/INR 78.38 78.65 -0.27
JPY/INR 0.65 0.65 0.00
Commodity 06-Feb Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
50.89 52.14 63.24 53.89
Brent Crude($/bl) 55.77 58.31 71.44 62.31
Gold( $/oz) 1567 1574 1566 1306
Gold(Rs./10 gm) 40406 40717 40678 33210
Source: Thomson Reuters Eikon
[1]
Data as on 05 Feb 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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) (formerly Reliance Nippon Life Asset Management Limited) 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.
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
07 February 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Feb 2020 Futures stood at 12,136.35, a discount of 1.60 points below
the spot closing of 12,137.95. The turnover on NSE’s Futures and Options
segment rose to Rs.3544835.77 crore on February 06, 2020, compared with
Rs. 19,60,373.95 crore on February 05, 2020.
• The Put-Call ratio remained unchanged compared with the previous
session’s close of 0.88.
• The Nifty Put-Call ratio stood at 1.38 compared with the previous session’s
close of 1.39.
• Open interest on Nifty Futures stood at 14.75 million, compared with the
previous session’s close of 14.73 million.
• Bond yields eased after the Monetary Policy Committee kept the policy repo
rate unchanged and maintained an accommodative stance, while it
continues to closely monitor inflation. The rate-setting panel also ensured
adequate liquidity via long-term repos.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) declined 6 bps
to close at 6.45% compared with the previous close of 6.51% after trading
in the range of 6.45% to 6.52%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 2,934 crore (gross) on Feb 6, 2020 compared with
borrowings of Rs. 2,939 crore (gross) on Feb 5, 2020. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 19,090
crore on Feb 5, 2020.
• Banks borrowed Rs. 2,802 crore under the central bank’s Marginal Standing
Facility on Feb 5, 2020 compared with borrowings of Rs. 3,750 crore on Feb
4, 2020.
• The Indian rupee in spot trade inched down against the U.S. dollar due to
better than expected economic data from U.S. which neutralized earlier
gains that came as concerns over coronavirus eased to some extent. The
rupee closed at 71.20 a dollar, down 0.02% compared to the previous day’s
close of 71.19.
• The euro fell against the greenback after industrial orders in Germany
unexpectedly plunged in Dec 2019.
• Gold prices rose as persisting concerns over the coronavirus outbreak in
China boosted the safe haven appeal of the yellow metal.
• Brent crude prices fell amid reports that Russia has rejected additional
OPEC-led production cuts.
• A Labor Department report showed U.S. labor productivity jumped 1.4% in
the fourth quarter after edging down 0.2% in the third quarter.
• A Labor Department report showed first-time claims for U.S. unemployment
benefits fell by much more than expected in the week ended Feb 1, 2020.
Initial jobless claims slid to 202,000, a decrease of 15,000 from the previous
week's 217,000.
• Data from Destatis showed Germany's factory orders fell 2.1% MoM in Dec
2019, following 0.8% drop in Nov 2019. This was the biggest decrease since
Feb 2019.
• Survey data from IHS Markit showed Germany's construction sector
expanded at the fastest pace in 10 months in Jan 2020. The construction
Purchasing Managers' Index rose to 54.9 in Jan from 53.8 in Dec 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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