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22 Jan 2020
Markets for You
Global Indices
Global Indices 21-Jan Prev_Day Abs. Change
% Change
#
Russell 3000 1,492 1,494 -2 -0.12
Nasdaq 9,371 9,389 -18 -0.19
FTSE 7,611 7,651 -41 -0.53
Nikkei 23,865 24,084 -219 -0.91
Hang Seng 27,985 28,796 -811 -2.81
Indian Indices 21-Jan Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,324 41,529 -205 -0.49
Nifty 50 12,170 12,225 -55 -0.45
Nifty 100 12,287 12,343 -56 -0.45
Nifty 500 9,988 10,026 -38 -0.38
Nifty Bank 30,948 31,081 -133 -0.43
S&P BSE Power 1,981 2,010 -29 -1.47
S&P BSE Small Cap 14,652 14,651 1 0.00
S&P BSE HC 14,005 14,008 -3 -0.02
Date P/E Div. Yield P/E Div. Yield
21-Jan 25.44 1.03 27.84 1.25
Month Ago 29.18 1.11 28.60 1.22
Year Ago 24.06 1.15 26.29 1.23
Nifty 50 Top 3 Gainers
Company 21-Jan Prev_Day
% Change
#
Bharti Infratel 241 222 8.41
AGC Networks Limited 223 212 4.99
Zee Ente. 284 271 4.93
Nifty 50 Top 3 Losers Domestic News
Company 21-Jan Prev_Day
% Change
#
Tata Steel 476 491 -2.96
M&M 553 567 -2.54
Indian Oil 115 118 -2.30
Advance Decline Ratio
BSE NSE
Advances 1078 787
Declines 1434 1055
Unchanged 162 115
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 10081
MF Flows** 1106
*21
st
Jan 2020; **20
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)
[1]
Data as on 20 Jan 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
22 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
-1020
1301
3.99%
(Sep-19)
• Indian equity markets closed on a weak note amid reports that International
Monetary Fund (IMF) has cut India’s gross domestic product (GDP) growth
forecast for FY20. Weak earnings results for the quarter ended Dec 2019 by
company majors weighed on the market sentiment. Losses were extended
on weak global cues due to concerns about the economic impact of a
Chinese disease outbreak. However, decline in crude oil prices restricted the
losses.
• Key benchmark indices S&P BSE Sensex and Nifty 50 fell 0.49% and 0.45% to
close at 41,323.81 and 12,169.85, respectively. S&P BSE Mid-Cap fell 0.21%
and S&P BSE Small Cap stood flat.
• The overall market breadth on BSE was weak with 1,434 scrips declining and
1,078 scrips advancing. A total of 162 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Power stood as the major loser and fell
1.47%, followed by S&P BSE Realty that fell 1.44%. S&P BSE Metal and S&P
BSE Auto fell 1.32% and 1.24%, respectively. Auto sector came under
pressure following data from Federation of Automobile Dealers Associations
(FADA) that total vehicle registration reportedly fell 15% YoY to 16,06,002
units December 2019.
• The government is looking to provide credit guarantee to medium sized
companies to access more and cheaper funds, enlarging the scope of the
existing scheme, which is restricted to micro and small enterprises. The
proposed inclusion of medium enterprises will resolve the issue of units
becoming ineligible on its upgradation to medium category from small
category on investment in plant and machinery/ equipment.
• According to a media report, government has prepared a draft for a new
legislation to improve protection for foreign investors in India. The bill offers
relief to foreign investors from possible policy changes but will uphold the
state's right to tax them. The bill also adds setting up new adjudicating
authorities to speedily resolve disputes, in a bid to upgrade India's
investment climate and boost foreign investment.
• According to a media report, the government is considering a new formula
for payments to creditors of distressed companies. The new formula will be
created under the insolvency and bankruptcy law, which would give a better
deal to unsecured lenders and operational creditors. There are two options
under consideration- liquidation amount set by the valuers before the
resolution is started, and anything in excess of this amount.
• The Union Minister for Food and Public Distribution said that the 'One
Nation, One Ration Card' scheme will be implemented by Jun 1, 2020 across
the country. Under this scheme a beneficiary will be able to avail benefits
across the country using the same ration card.
• Uber announced the sale of its food delivery business in India- Uber Eats to
Zomato in an all-stock deal. Uber will get a 9.9% stake in Zomato as part of
the deal whose size has not been disclosed. Uber Eats operates in 41 cities.
The deal is applicable only in India. According to media reports, the deal
value is around $300- 350 million.
• Asian markets slipped after the International Monetary Fund cut global
growth projections for 2020. Hong Kong market was hit as a global rating
agency has cut the city's credit rating and outlook, citing weaker than
estimated institutional and governance strength. Today (as of Jan 22), Asian
markets were impacted in the morning trade by heightened concerns over
the spread of the coronavirus in China. Both Nikkei and Hang Seng rose
0.32% and 0.56% (as at 8.a.m. IST), respectively.
• European markets too remained under pressure with investors largely
remaining cautious as the World Economic Forum got underway in
Switzerland. Meanwhile, the outbreak of the deadly coronavirus in China and
on global growth worries weighed on market sentiments.
• U.S. markets fell amid concerns about the economic impact of a deadly
coronavirus outbreak in China. Bourses were further hit by the downward
projection of global economic outlook by the International Monetary Fund.
Markets for You
FII Derivative Trade Statistics 21-Jan
(Rs Cr) Buy
Sell Open Int.
Index Futures 4801.66 4666.87 15322.95
Index Options 261097.12 260825.79 64946.59
Stock Futures 15253.15 15899.99 104301.04
Stock Options 8712.39 8952.79 6407.07
Total 289864.32 290345.44 190977.65
21-Jan Prev_Day
Change
Put Call Ratio (OI) 1.08 1.13 -0.06
Put Call Ratio(Vol) 0.81 0.91 -0.10
21-Jan Wk. Ago Mth. Ago
Year Ago
Call Rate 4.94% 4.97% 5.09% 6.49%
T-Repo 4.99% 4.94% 4.89% 6.52%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.05% 5.08% 5.00% 6.54%
364 Day T-Bill 5.22% 5.16% 5.17% 6.79%
10 Year Gilt 6.64% 6.67% 6.60% 7.31%
G-Sec Vol. (Rs.Cr) 31007 38155 61012 41537
FBIL MIBOR
[1]
5.18% 5.15% 5.23% 6.55%
3 Month CP Rate 5.80% 5.80% 5.40% 7.60%
5 Year Corp Bond 7.48% 7.44% 7.68% 8.45%
1 Month CD Rate 5.15% 5.12% 5.08% 6.71%
3 Month CD Rate 5.59% 5.34% 5.13% 7.11%
1 Year CD Rate 5.99% 6.04% 6.04% 7.95%
Currency 21-Jan Prev_Day
Change
USD/INR 71.18 71.06 0.13
GBP/INR 92.62 92.33 0.29
EURO/INR 78.99 78.88 0.11
JPY/INR 0.65 0.64 0.00
Commodity 21-Jan Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
58.25 58.31 60.38 53.67
Brent Crude($/bl) 63.95 64.17 70.50 62.19
Gold( $/oz) 1558 1546 1478 1280
Gold(Rs./10 gm) 39851 39602 37957 32154
Source: Thomson Reuters Eikon
[1]
Data as on 20 Jan 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
22 January 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
• Nifty Jan 2020 Futures stood at 12,203.10, a premium of 33.25 points above
the spot closing of 12,169.85. The turnover on NSE’s Futures and Options
segment rose to Rs. 12,82,524.23 crore on January 21, 2020, compared with
Rs. 12,81,508.03 crore on January 20, 2020.
• The Put-Call ratio stood at 0.91 compared with the previous session’s close of
0.89.
• The Nifty Put-Call ratio stood at 1.08 compared with the previous session’s
close of 1.13.
• Open interest on Nifty Futures stood at 14.74 million, compared with the
previous session’s close of 14.8 million.
• Bond yields stood unchanged ahead of the RBI’s upcoming special open
market operation (OMO). Besides, market participants are looking for fiscal
development in the forthcoming federal budget, which will be a major
trigger in the near future.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) closed
unchanged at 6.64% compared with the previous close after trading in the
range of 6.62% to 6.65%.
• Banks borrowings under the repo window of the Liquidity Adjustment Facility
(LAF) stood at Rs. 3,214 crore (gross) on Jan 21, 2020 compared with
borrowings of Rs. 3,366 crore (gross) on Jan 20, 2020. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 17,640 crore
on Jan 20, 2020.
• Banks borrowed Rs. 3,916 crore under the central bank’s Marginal Standing
Facility on Jan 20, 2020 compared with borrowings of Rs. 5,989 crore on Jan
17, 2020.
• The Indian rupee in spot trade weakened against the U.S. dollar for the
fourth consecutive session following losses in the domestic equity market.
• The euro inched down against the greenback as investor risk sentiment
dampened amid concerns over the spread of a pneumonia-like virus in China
which has reportedly infected more than 300 people and spread to Thailand,
South Korea and Japan.
• Gold prices fell as market participants preferred to book profits from the
recent rally.
• Brent crude prices fell on expectations that increased output from OPEC
would be able to neutralize supply disruptions in the Middle East.
• The UK employment rate rose by 0.6% to hit a record high of 76.3% during
the three months to Nov 2019. Meanwhile, ILO unemployment rate was
steady at 3.8%, its lowest level since 1970s. Employment increased by
208,000 QoQ to a record high 32.90 million.
• The International Monetary Fund (IMF) in the latest update to its World
Economic Outlook report lowered global growth projections for the 2020
and 2021, mainly due to the weaker-than-expected expansion in India. Global
growth for the current year is forecasted at 3.3%, compared with 3.4%
forecast made in Oct 2019.
• The Bank of Japan (BoJ) kept its monetary policy stimulus unchanged while
interest rates were retained at -0.1%.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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