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24 Jan 2020
Markets for You
Global Indices
Global Indices 23-Jan Prev_Day Abs. Change
% Change
#
Russell 3000 1,496 1,493 3 0.17
Nasdaq 9,402 9,384 19 0.20
FTSE 7,508 7,572 -64 -0.85
Nikkei 23,795 24,031 -236 -0.98
Hang Seng 27,909 28,341 -432 -1.52
Indian Indices 23-Jan Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,386 41,115 271 0.66
Nifty 50 12,180 12,107 73 0.61
Nifty 100 12,313 12,231 82 0.67
Nifty 500 10,021 9,947 74 0.75
Nifty Bank 31,004 30,701 303 0.99
S&P BSE Power 1,971 1,952 19 0.97
S&P BSE Small Cap 14,772 14,633 139 0.95
S&P BSE HC 14,106 14,003 102 0.73
Date P/E Div. Yield P/E Div. Yield
23-Jan 25.48 1.03 27.88 1.25
Month Ago 26.17 1.02 28.58 1.22
Year Ago 23.71 1.17 26.32 1.25
Nifty 50 Top 3 Gainers
Company 23-Jan Prev_Day
% Change
#
Yes Bank 41 38 6.50
Indian Oil 118 114 4.14
GAIL 130 126 2.98
Nifty 50 Top 3 Losers Domestic News
Company 23-Jan Prev_Day
% Change
#
Zee Ente. 279 300 -7.03
AGC Networks Limited 223 234 -4.83
United Phos 542 563 -3.69
Advance Decline Ratio
BSE NSE
Advances 1436 1078
Declines 1092 752
Unchanged 140 140
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 11806
MF Flows** 606
*23
rd
Jan 2020; **22
nd
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 22 Jan 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
-423
29
3.99%
(Sep-19)
• After witnessing decline in the last three sessions, Indian equity markets
closed in the green. Expectations from the government to provide
necessary fiscal stimulus during Union Budget FY21 to lift the economy
supported buying interest. Further, upbeat earnings results from some of
the company majors boosted market sentiment. Also, decline in crude oil
prices added to the gains. However, weak global cues amid concerns about
the spread of a deadly virus in China as millions of Chinese are preparing to
travel for the Lunar New Year restricted the gains.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.66% and 0.61%
to close at 41,386.40 and 12,180.35, respectively. S&P BSE Mid-Cap and S&P
BSE Small Cap grew 1.06% and 0.95%, respectively.
• The overall market breadth on BSE was strong with 1,436 scrips advancing
and 1,092 scrips declining. A total of 141 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Capital Goods stood as the major gainer
and grew 2.33%, followed by S&P BSE Realty and S&P BSE Oil & Gas that
grew 2.04% and 1.83%, respectively. Decline in oil prices likely helped oil &
gas sector to gain. S&P BSE Telecom and S&P BSE Industrials grew 1.66%
and 1.48%, respectively.
• According to media reports, the government is planning to raise more than
Rs. 10,000 crore from Central Public Sector Enterprises ETF's seventh
tranche that would be launched by the end of Jan 2019. The portfolio is
primarily concentrated towards the energy and oil sector. The proceeds
from the ETF will provide assistance to the government in meeting its
disinvestment target of Rs. 1.05 lakh crore for the current fiscal.
• According to the oil ministry’s monthly consumption review report, India’s
oil demand grew 1.8% in the first nine months of the current fiscal. This is
slower than 2.7% in the same period of the previous year. The fall in oil
demand can be attributed to a slowdown in the domestic economy which
led to a decline in consumption of petrol, diesel and various industrial fuels
in recent months.
• According to media reports, the government is considering putting in place
a special purpose vehicle (SPV) to reduce the financial stress of the telecom
sector. The government is also mulling giving spectrum worth Rs 1,46,700
crore to the SPV free of cost without any auction. The move is expected to
improve the financial viability of the telecom companies.
• The government has issued quality control orders for certain substandard
steel items and cables. The objective of the move is to put a check on the
imports of the same and bring down India’s trade deficit.
• Asian markets slumped following renewed concerns over deadly virus
spread after the death toll from China’s new corona virus rose to 17 with
nearly 600 cases confirmed. Today (as on Jan 24), markets remained high in
the morning trade after the WHO declined to formally designate a new
coronavirus as a global health emergency. Both Nikkei and Hang Seng was
trading up 0.04% and 0.09% (as at 8.a.m. IST), respectively.
• European markets closed lower as the ECB Chief’s remarks on the economic
outlook for the euro zone disappointed market participants.
• Most of the U.S. markets managed to end the session in the green after
witnessing initial weakness. Lingering concerns about the impact of the
Chinese coronavirus was outweighed by reports showing that the World
Health Organization (WHO) has said it is still too early to declare the
outbreak a Public Health Emergency of International Concern.
Markets for You
FII Derivative Trade Statistics
23-Jan
(Rs Cr) Buy
Sell Open Int.
Index Futures 3665.94 4593.23 17783.62
Index Options 330867.73 330845.02 67579.63
Stock Futures 14587.93 16326.51 104974.56
Stock Options 6602.18 6491.25 6458.37
Total 355723.78 358256.01 196796.18
23-Jan Prev_Day
Change
Put Call Ratio (OI) 1.16 1.00 0.16
Put Call Ratio(Vol) 0.93 0.80 0.14
23-Jan Wk. Ago Mth. Ago
Year Ago
Call Rate 4.97% 4.95% 5.11% 6.43%
T-Repo 4.99% 4.88% 4.87% 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 5.09% 5.09% 5.02% 6.60%
364 Day T-Bill 5.26% 5.29% 5.18% 6.80%
10 Year Gilt 6.60% 6.60% 6.57% 7.29%
G-Sec Vol. (Rs.Cr) 29952 33403 30738 28124
FBIL MIBOR
[1]
5.16% 5.15% 5.25% 6.60%
3 Month CP Rate 5.75% 5.80% 5.40% 7.60%
5 Year Corp Bond 7.36% 7.40% 7.67% 8.49%
1 Month CD Rate 5.13% 5.12% 5.08% 6.70%
3 Month CD Rate 5.62% 5.55% 5.11% 7.04%
1 Year CD Rate 6.13% 6.06% 5.97% 7.96%
Currency 23-Jan Prev_Day
Change
USD/INR 71.24 71.21 0.04
GBP/INR 93.48 93.01 0.47
EURO/INR 78.96 78.91 0.04
JPY/INR 0.65 0.65 0.00
Commodity 23-Jan Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
55.46 58.52 60.46 52.39
Brent Crude($/bl) 61.55 64.92 69.33 61.39
Gold( $/oz) 1563 1553 1485 1282
Gold(Rs./10 gm) 39872 39727 38128 32341
Source: Thomson Reuters Eikon
[1]
Data as on 22 Jan 2020
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
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Indian Debt Market
Currency Market Update
Commodity Market Update
International News
24 January 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
• Nifty Jan 2020 Futures stood at 12,201.00, a premium of 20.65 points
above the spot closing of 12,180.35. The turnover on NSE’s Futures and
Options segment rose to Rs. 34,45,384.84 crore on January 23, 2020,
compared with Rs. 16,74,537.87 crore on January 22, 2020.
• The Put-Call ratio stood at 0.81 compared with the previous session’s close
of 0.87.
• The Nifty Put-Call ratio stood at 1.16 compared with the previous session’s
close of 1.
• Open interest on Nifty Futures stood at 14.8 million, compared with the
previous session’s close of 14.84 million.
• Bond yields eased after the outcome of the special open market operation
came in better than market expectation. Additionally, the decline in crude
oil prices also supported the sentiment and added to the gains.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) reduced 4 bps
to close at 6.60% compared with the previous close of 6.64% after trading
in the range of 6.60% to 6.64%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 3,074 crore (gross) on Jan 23, 2020 compared with
borrowings of Rs. 2,959 crore (gross) on Jan 22, 2020. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 33,645
crore on Jan 22, 2020.
• Banks borrowed Rs. 2,250 crore under the central bank’s Marginal Standing
Facility on Jan 22, 2020 compared with borrowings of Rs. 3,400 crore on Jan
21, 2020.
• The Indian rupee in spot trade weakened against the greenback following
buying of the greenback by foreign banks. Worries over the spread of the
coronavirus in China also weighed on the market sentiment.
• The euro weakened against the greenback after the European Central Bank
kept interest rates and its monetary stimulus program unchanged in its
monetary policy review and launched a broad review of its policy.
• Gold prices rose as its safe haven appeal improved amid concerns over the
coronavirus outbreak in China.
• Brent crude prices plunged amid concerns over the coronavirus outbreak in
China and its impact on global economy which may lead to a decline in oil
demand.
• The European Central Bank kept interest rates on hold in its monetary
policy review. The asset purchase program and the forward guidance was
also left unchanged. In addition, the new European Central Bank Chief
launched a broad review of the bank's monetary policy strategy which will
cover "a whole host of issues" ranging from the inflation target to the
impact of climate change. A review of the ECB's monetary policy strategy
was last undertaken in 2003. The process is expected to conclude at the end
of the year.
• According to Cabinet Office, Japan’s leading index fell to 90.8 in Nov 2019
from 91.6 in Oct 2019. Meanwhile, the coincident index fell to 94.7 in Nov
2019 as against 95.3 in oct 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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