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24 Feb 2020
Markets for You
Global Indices
Global Indices 21-Feb Prev_Day Abs. Change
% Change
#
Russell 3000 1,519 1,543 -24 -1.52
Nasdaq 9,577 9,751 -174 -1.79
FTSE 7,404 7,437 -33 -0.44
Nikkei 23,387 23,479 -92 -0.39
Hang Seng 27,309 27,609 -300 -1.09
Indian Indices 20-Feb Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,170 41,323 -153 -0.37
Nifty 50 12,081 12,126 -45 -0.37
Nifty 100 12,211 12,248 -37 -0.30
Nifty 500 9,959 9,971 -12 -0.12
Nifty Bank 30,943 30,838 105 0.34
S&P BSE Power 1,842 1,835 6 0.34
S&P BSE Small Cap 14,747 14,672 75 0.51
S&P BSE HC 14,535 14,502 33 0.23
Date P/E Div. Yield P/E Div. Yield
20-Feb 25.11 1.04 27.50 1.26
Month Ago 25.44 1.03 27.84 1.25
Year Ago 23.02 1.20 26.31 1.25
Nifty 50 Top 3 Gainers
Company 20-Feb Prev_Day
% Change
#
AGC Networks Limited 394 376 4.99
IndusInd Bank 1182 1142 3.51
Tata Steel 444 433 2.39
Nifty 50 Top 3 Losers Domestic News
Company 20-Feb Prev_Day
% Change
#
Cipla 436 448 -2.63
Asian Paints 1842 1885 -2.26
HUL 2248 2292 -1.92
Advance Decline Ratio
BSE
[1]
NSE
[1]
Advances 1220 929
Declines 1305 906
Unchanged 164 142
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 22873
MF Flows** 1964
*20
th
Feb 2020; **17
th
Feb 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.59%
(Jan-20)
1.97%
(Jan-19)
IIP
-0.30%
(Dec-19)
2.50%
(Dec-18)
GDP
4.50%
(Sep-19)
7.00%
(Sep-18)
[1]
Data as on 20 Feb 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
-4.60%
(Sep-19)
5.00%
(Jun-19)
Quarter Ago
Inflow/Outflow
192
1293
4.62%
(Oct-19)
• Indian equity markets declined after the Monetary Policy Committee
meeting minutes showed the Reserve Bank of India is concerned about
economic activity as it feels the economy has not yet bottomed out. Global
cues were weak too as fears over the spread of the coronavirus intensified.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.37% and 0.37%
to close at 41,170.12 and 12,080.85 respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 0.4% and 0.51% respectively.
• The overall market breadth on BSE was weak with 1,220 scrips advancing
and 1,305 scrips declining. A total of 164 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 0.9%
followed by S&P BSE Telecom, up 0.55% and S&P BSE Bankex, up 0.39%.
S&P BSE Energy was the major loser, down 0.95% followed by S&P BSE Oil &
Gas, down 0.78% and S&P BSE IT, down 0.75%.
• Monetary Policy Committee’s recently held meeting minutes showed its
members sparred on whether policy space was available for further rate
action in the current cycle and if the budget toed the right fiscal line. They
agreed that the inflation outlook remained ‘highly uncertain’.
• The Telecom Regulatory Authority of India (TRAI) suggested only revenue
should be taken into account in marketshare calculation for services like
national and international long-distance telephony. Both subscriber base
and revenue are considered in determining marketshare for mobile and
internet service providers. TRAI is doing this in a bid to reform norms for
transfer and merger of telecom licences. It also suggested that the one-year
timeline currently allowed for transfer/merger of licences in different
service areas after National Company Law Tribunal nod should exclude time
spent by companies in pursuing any litigation on account of which the final
approval of a merger is delayed.
• The government approved major changes in the Pradhan Mantri Fasal Bima
Yojana (PMFBY), making it optional for farmers. Under PMFBY, launched in
Feb 2016, it is mandatory for loanee farmers to take insurance cover.
Currently, 58% of the total farmers are loanee.
• A nation-wide survey has been launched to capture household accessibility
to amenities including nutrition, drinking water, housing and cooking fuel.
The number of poor as well as poverty levels are crucial for any government
to prioritise social sector schemes.
• Axis Bank Ltd plans to buy more than 20% in Max Life Insurance Co. Ltd,
which is the life insurance unit of Max Financial Services Ltd, media reports
showed.
• Competition Commission of India has given approval for GMR group's
proposed 49% stake sale in its airport business to France's Groupe ADP,
media reports showed.
• Asian equity markets were mostly down after China reported an increase in
new coronavirus cases. New cases are going beyond China in countries such
as Japan and South Korea. The Chinese government reported 1,109 new
confirmed cases of the disease, which is up from 349 cases the previous day
and reverses three days of decline. Today (as of Feb 24), Asian markets fell
after the South Korea raised its coronavirus alert to the highest level. While
Nikkei was closed, Hang Seng fell 1.23% (as at 8.a.m. IST).
• European markets closed lower as investors took stock of a series of
economic data and the latest developments in the coronavirus outbreak.
• U.S. markets declined as the number of new coronavirus cases climbed up,
leading to worries that a pronounced global economic slowdown could be
imminent.
Markets for You
FII Derivative Trade Statistics
20-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 4524.38 3526.19 13762.70
Index Options 313537.63 311999.13 60055.69
Stock Futures 15345.37 14577.42 102785.64
Stock Options 6703.20 6659.94 5690.20
Total 340110.58 336762.68 182294.23
20-Feb Prev_Day
Change
Put Call Ratio (OI) 1.12 1.38 -0.26
Put Call Ratio(Vol) 0.96 0.94 0.02
20-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate 5.04% 5.03% 4.94% 6.28%
T-Repo 5.01% 4.95% 4.99% 6.26%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 5.00% 5.05% 5.08% 6.40%
364 Day T-Bill 5.17% 5.18% 5.22% 6.50%
10 Year Gilt 6.42% 6.37% 6.64% 7.35%
G-Sec Vol. (Rs.Cr) 33225 95610 31007 18081
FBIL MIBOR 5.17% 5.15% 5.15% 6.43%
3 Month CP Rate 5.70% 5.70% 5.80% 7.75%
5 Year Corp Bond 6.96% 6.98% 7.46% 8.46%
1 Month CD Rate 5.09% 5.10% 5.15% 6.60%
3 Month CD Rate 5.49% 5.36% 5.59% 7.38%
1 Year CD Rate 5.81% 5.78% 5.99% 7.60%
Currency 20-Feb Prev_Day
Change
USD/INR 71.59 71.40 0.19
GBP/INR 92.40 92.82 -0.42
EURO/INR 77.25 77.36 -0.11
JPY/INR 0.64 0.65 -0.01
Commodity 21-Feb Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
53.31 51.98 58.25 56.90
Brent Crude($/bl) 59.54 57.96 63.95 67.45
Gold( $/oz) 1643 1584 1558 1323
Gold(Rs./10 gm)
[1]
41590 40676 39851 33531
Source: Thomson Reuters Eikon
[1]
Data as on 20 Feb 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 February 2020
Derivative Statistics- Nifty Options
Disclaimer:
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Commodity Market Update
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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. 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
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damages, including on account of lost profits arising from the information contained in this material.
• Nifty Feb 2020 Futures stood at 12,079.00, a discount of 1.85 points below
the spot closing of 12,080.85. The turnover on NSE’s Futures and Options
segment rose to Rs. 33,14,285.28 crore on February 20, 2020, compared
with Rs. 17,39,011.09 crore on February 19, 2020.
• The Put-Call ratio stood at 0.76 compared with the previous session’s close
of 0.90.
• The Nifty Put-Call ratio stood at 1.12 compared with the previous session’s
close of 1.38.
• Open interest on Nifty Futures stood at 14.41 million, compared with the
previous session’s close of 14.25 million.
• Bond yields were up as investors resorted to profit booking. In addition,
market was also awaiting the release of the minutes of the monetary policy
meeting to get a clearer picture on how the RBI plans to manage the rising
inflation, while handling the bond yield.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 3 bps at
6.42% compared with the previous close of 6.39% after trading in the range
of 6.38% to 6.43%.
• Banks borrowed Rs. 2,715 crore under the central bank’s Marginal Standing
Facility on Feb 18, 2020 compared with borrowings of Rs. 2,950 crore on Feb
17, 2020.
• Data from the Reserve Bank of India showed that reserve money grew 12.0%
for the week ended Feb 14, 2020 compared to an increase of 16.6% in the
same period of the previous year. Currency in circulation grew 11.4% as
compared to an increase of 18.4% in the same period of the previous year.
• The Indian rupee in spot trade weakened against the greenback following
losses in the domestic equity market.
• The euro rose against the greenback as the latter remained under pressure
after preliminary data showed that U.S. business activity in the
manufacturing and services sectors stalled in Feb 2020.
• Gold prices rose on persisting concerns over the coronavirus outbreak in
China.
• Brent crude prices fell on persisting concerns over the coronavirus outbreak
in China and its adverse impact on global growth.
• A Labor Department report showed U.S. initial jobless claims for the week
ended Feb 15 crept up to 210,000, an increase of 4,000 from the previous
week's 206,000.
• U.S. Federal Reserve meeting’s minutes showed officials feel leaving interest
rates at their current levels is likely to be appropriate for some time. The
minutes made several references to the coronavirus outbreak.
• Data showed euro area private sector grew for a third straight month and at
the fastest pace in six months in Feb 2020, mainly led by further expansion
of the services sector. Eurozone inflation accelerated for the third straight
month in Jan 2020.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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