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20 Jan 2020
Markets for You
Global Indices
Global Indices 17-Jan Prev_Day Abs. Change
% Change
#
Russell 3000 1,494 1,488 6 0.38
Nasdaq 9,389 9,357 32 0.34
FTSE 7,675 7,610 65 0.85
Nikkei 24,041 23,933 108 0.45
Hang Seng 29,056 28,883 173 0.60
Indian Indices 17-Jan Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,945 41,933 13 0.03
Nifty 50 12,352 12,356 -3 -0.03
Nifty 100 12,471 12,471 1 0.00
Nifty 500 10,119 10,110 9 0.09
Nifty Bank 31,591 31,854 -263 -0.83
S&P BSE Power 2,004 1,992 12 0.61
S&P BSE Small Cap 14,709 14,648 61 0.42
S&P BSE HC 14,051 13,876 175 1.26
Date P/E Div. Yield P/E Div. Yield
17-Jan 26.13 1.01 28.61 1.24
Month Ago 28.91 1.12 28.35 1.23
Year Ago 23.96 1.16 26.21 1.24
Nifty 50 Top 3 Gainers
Company 17-Jan Prev_Day
% Change
#
Bharti Airtel 500 474 5.52
AGC Networks Limited 202 193 4.98
Dr.Reddy 3034 2937 3.30
Nifty 50 Top 3 Losers Domestic News
Company 17-Jan Prev_Day
% Change
#
Bharti Infratel 218 243 -10.20
IndusInd Bank 1352 1386 -2.47
GAIL 126 129 -1.86
Advance Decline Ratio
BSE NSE
Advances 1325 946
Declines 1219 886
Unchanged 171 123
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 10200
MF Flows** 2072
*17
th
Jan 2020; **15
th
Jan 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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 January 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
194
9732
3.99%
(Sep-19)
• Indian equity markets were subdued as investors awaited cues from the
earnings season and the upcoming Union Budget 2020-21. Investors expect
the government to take various measures in the budget to boost growth in
the economy.
• Key benchmark indices S&P BSE Sensex gained 0.03% and Nifty 50 lost
0.03% to close at 41,945.37 and 12,352.35 respectively. S&P BSE MidCap
and S&P BSE SmallCap gained 0.54% and 0.42% respectively.
• The overall market breadth on BSE was strong with 1,325 scrips advancing
and 1,219 scrips declining. A total of 172 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 1.79%
followed by S&P BSE Telecom, up 1.49% and S&P BSE Healthcare, up 1.26%.
S&P BSE Bankex was the major loser, down 0.78% followed by S&P BSE
Metal, down 0.71% and S&P BSE Finance, down 0.7%.
• Securities and Exchange Board of India (SEBI) mandated that specific
overseas government agencies and their related entities will be barred from
clubbing of investment limit which is applicable for foreign portfolio
investors. The exemption would be applicable for those cases where the
Indian government has entered into agreements or treaties with overseas
governments or there is an order.
• Association of Mutual Funds in India (AMFI) has asked the government to
allow low cost debt-linked saving schemes, with tax benefits, to strengthen
bond market. Also, it has asked the government to lower holding period in
gold and commodity ETFs to one year from existing three years for Long-
Term Capital Gains (LTCG) purposes. The industry body has also requested
the government that mutual fund units should be notified as ‘Specified
Long-Term Assets’ that are eligible for exemption on Long-Term Capital
Gains. Also, it has asked to bring ULIP’s of life insurance companies and
equity MF schemes on par.
• The Securities and Exchange Board of India (SEBI) has permitted stocks
exchanges to launch ‘option in goods’ in their commodity derivatives
segment. Also, it has allowed options on commodity futures.
• According to United Nations World Economic Situation and Prospects
(WESP) 2020 report, global growth rate of 2.5% is expected in 2020.
However, as per the report, trade tensions and geopolitical uncertainty
might adversely impact the growth prospects. It expects GDP for India to be
5.7% and 6.6% as against previous expectation of 7.6% and 7.4% for FY20
and FY21, respectively.
• Asian equity markets gained as China GDP data came in line with
expectations, which gave investors hope that the world's second-largest
economy is resilient. Also, China’s industrial output and retail sales grew in
Dec 2019 and Nov 2019, respectively. Today (as of Jan 20), Asian markets
opened mixed as the Chinese central bank is set to announce the monthly
fixing of the country’s benchmark lending rate. Nikkei was trading up 0.16%
and Hang Seng was trading down 0.08% (as at 8.a.m. IST).
• European markets too witnessed buying spree led by the Chinese GDP data
for 2019. On the economic front, euro zone inflation picked up slightly in
Dec, with headline inflation coming in at 1.3% from 1.0% in Nov.
• U.S. markets edged higher as investors took positive cues from a couple of
Chinese economic data data. While, Chinese industrial data for Dec topped
expectations, with production rising 6.9% on a YoY basis, the overall Chinese
economy grew by 6.1% in 2019, matching expectations.
Markets for You
FII Derivative Trade Statistics
17-Jan
(Rs Cr) Buy
Sell Open Int.
Index Futures 2270.02 2856.09 14133.41
Index Options 421502.73 420866.28 56047.84
Stock Futures 11135.96 11351.87 104471.38
Stock Options 4440.37 4542.10 5912.41
Total 439349.08 439616.34 180565.04
17-Jan Prev_Day
Change
Put Call Ratio (OI) 1.46 1.59 -0.13
Put Call Ratio(Vol) 0.98 1.13 -0.16
17-Jan Wk. Ago Mth. Ago
Year Ago
Call Rate 5.02% 4.99% 5.06% 6.39%
T-Repo 4.98% 4.92% 4.90% 6.48%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.09% 5.02% 5.00% 6.58%
364 Day T-Bill 5.10% 5.23% 5.22% 6.80%
10 Year Gilt 6.63% 6.59% 6.75% 7.28%
G-Sec Vol. (Rs.Cr) 49149 34381 32403 24913
FBIL MIBOR 5.22% 5.22% 5.25% 6.50%
3 Month CP Rate 5.80% 5.80% 5.40% 7.65%
5 Year Corp Bond 7.45% 7.48% 7.86% 8.42%
1 Month CD Rate 5.11% 5.03% 5.05% 6.73%
3 Month CD Rate 5.62% 5.09% 5.09% 7.21%
1 Year CD Rate 6.12% 6.09% 5.82% 7.91%
Currency 17-Jan Prev_Day
Change
USD/INR 71.04 70.91 0.14
GBP/INR 92.95 92.45 0.50
EURO/INR 79.14 79.05 0.09
JPY/INR 0.64 0.64 0.00
Commodity 17-Jan Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
58.55 58.99 60.83 51.78
Brent Crude($/bl) 64.34 68.16 70.83 59.49
Gold( $/oz) 1556 1562 1476 1291
Gold(Rs./10 gm) 39804 39607 37936 32396
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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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
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
20 January 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Jan 2020 Futures stood at 12,384.65, a premium of 32.30 points above
the spot closing of 12,352.35. The turnover on NSE’s Futures and Options
segment fell to Rs. 8,37,592.91 crore on January 17, 2020, compared with
Rs. 32,27,320.73 crore on January 16, 2020.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.75.
• The Nifty Put-Call ratio stood at 1.46 compared with the previous session’s
close of 1.59.
• Open interest on Nifty Futures stood at 15.13 million, compared with the
previous session’s close of 14.88 million.
• Bond yields rose amid inflationary pressure, which suspended speculations
on the future of policy rate cuts. In addition, fiscal worries and the quantum
of government borrowings kept the market under pressure.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) rose 3 bps to
close at 6.63% compared with the previous close of 6.60% after trading in
the range of 6.60% to 6.63%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 2,939 crore (gross) on Jan 17, 2020 compared with
borrowings of Rs. 2,769 crore (gross) on Jan 16, 2020. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 22,606
crore on Jan 16, 2020.
• Banks borrowed Rs. 6,450 crore under the central bank’s Marginal Standing
Facility on Jan 16, 2020 compared with borrowings of Rs. 3,430 crore on Jan
15, 2020.
• The Indian rupee in spot trade weakened against the U.S. dollar following
persistent greenback buying by state-run banks, likely for importers. The
rupee closed at 71.08 a dollar, down 0.23% compared to the previous day’s
close of 70.92.
• The euro fell against the greenback after data showed that U.S.
homebuilding surged to a 13-year high in Dec 19.
• Gold prices rose after China’s economy grew at the slowest pace in 29 years
in 2019.
• Brent crude prices fell after China’s economy grew at the slowest pace in 29
years in 2019.
• A Labor Department report showed U.S. initial jobless claims fell to 204,000,
a decrease of 10,000 from the previous week's 214,000.
• A Federal Reserve report showed U.S. industrial production fell 0.3% in Dec
2019 after climbing 0.8% in Nov 2019.
• A Commerce Department report showed U.S. housing starts skyrocketed
16.9% to an annual rate of 1.608 million in Dec 2019 after 2.6% increase to
1.375 million in Nov 2019.
• A Commerce Department report showed U.S. business inventories dipped
0.2% in Nov 2019 after inching up 0.1% in Oct 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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