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27 Jan 2020
Markets for You
Global Indices
Global Indices 24-Jan Prev_Day Abs. Change
% Change
#
Russell 3000 1,482 1,496 -14 -0.95
Nasdaq 9,315 9,402 -88 -0.93
FTSE 7,586 7,508 78 1.04
Nikkei 23,827 23,795 32 0.13
Hang Seng 27,950 27,909 41 0.15
Indian Indices 24-Jan Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 41,613 41,386 227 0.55
Nifty 50 12,248 12,180 68 0.56
Nifty 100 12,387 12,313 74 0.60
Nifty 500 10,084 10,021 62 0.62
Nifty Bank 31,242 31,004 238 0.77
S&P BSE Power 1,978 1,971 7 0.33
S&P BSE Small Cap 14,846 14,772 74 0.50
S&P BSE HC 14,109 14,106 3 0.02
Date P/E Div. Yield P/E Div. Yield
24-Jan 25.54 1.02 28.10 1.24
Month Ago 26.04 1.02 28.47 1.22
Year Ago 23.77 1.16 26.31 1.24
Nifty 50 Top 3 Gainers
Company 24-Jan Prev_Day
% Change
#
Yes Bank 43 41 4.52
Ultratech Cem 4643 4526 2.57
Britannia Industries Limited 3193 3113 2.56
Nifty 50 Top 3 Losers Domestic News
Company 24-Jan Prev_Day
% Change
#
AGC Networks Limited 212 223 -4.98
Power Grid 197 202 -2.48
Cipla 459 465 -1.35
Advance Decline Ratio
BSE NSE
Advances 1374 1064
Declines 1166 766
Unchanged 162 128
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 13304
MF Flows** 606
*24
th
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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
27 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
1497
3.99%
(Sep-19)
• Indian equity markets closed in the green for the second consecutive
session. Positive global cues amid reports that World Health Organization
has marked outbreak of coronavirus as an emergency for China, but not yet
for the rest of the world, boosted market sentiment. Further, hopes of
announcement of additional measures by the government during Union
Budget FY21 to revive the economy supported buying interest.
• Key benchmark indices S&P BSE Sensex and Nifty 50 grew 0.55% and 0.56%
to close at 41,613.19 and 12,248.25, respectively. S&P BSE Mid-Cap and S&P
BSE Small Cap grew 0.77% and 0.50%, respectively.
• The overall market breadth on BSE was strong with 1,374 scrips advancing
and 1,166 scrips declining. A total of 162 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Capital Goods stood as the major gainer
and grew 1.50%, followed by S&P BSE Consumer Durables and S&P BSE
Basic Materials that grew 1.33% and 1.04%, respectively. One of the major
cement company gained after its standalone net profit surged 48.63% YoY
to Rs. 643.15 crore in the quarter ended Dec 31, 2019. S&P BSE Metal and
S&P BSE Industrials grew 0.98% and 0.96%, respectively.
• According to a media report, India's corporate and income tax collection for
FY20 may fall for the first time in at least two decades. Sharp fall in
economic growth and cut in corporate tax rates may be attributed to the fall
in collections. A senior tax official said, the tax department collected only Rs.
7.3 lakh crore till Jan 23, 2020, 5.5% below the amount collected during the
corresponding period in the previous year. Eight senior tax officials said
direct tax collections in the current financial year were likely to fall below
the Rs. 11.5 lakh crore collected in FY19.
• According to media reports, government may decide to go for off-budget
borrowings of roughly $28 billion for expenditure outlay in its budget for
fiscal FY21.
• According to a media report, Public Distribution System (PDS) accounted
nearly 70% i.e., Rs. 19,263 crore of the total government savings of Rs.
28,700 crore under Direct Benefit Transfer (DBT) of subsidies in the first
nine months of FY20. Duplicate and fake ration cards are being eliminated
to plug leakage of subsidy.
• According to a media report, Niti Aayog has sought Cabinet approval for a
proposal to build up to 10 large factories in a bid to push use of Electric
vehicles (EV).
• According to media reports, JSW Steel witnessed an 88.33% decline in its
consolidated net profit to Rs 187 crore for Q3FY20 compared to a net profit
of Rs. 1,603 crore in the same period of the previous year. Net profit
declined as the production in Q3FY20 fell 5% on a yearly basis due to
extended monsoon which impacted operations at both Dolvi and
Vijayanagar.
• According to media reports, Indian Bank witnessed a growth of 74.76% in
Profit Before Tax (PBT) at Rs. 390.35 crore for Q3FY20, as compared to Rs.
223.36 crore in the same period of the previous year. The total income rose
23.43% to Rs. 6504.46 crore in Q3FY20, against Rs 5269.74 crore in the
same period of the previous year while the Gross Non-Performing Assets
(GNPA) as a percentage of gross advances have fell 7.21% from 7.48% in the
same time period.
• Asian markets managed to end the last trading session of the week on a
positive note. Concerns over coronavirus outbreak in China eased to some
extent after the World Health Organization said the coronavirus outbreak in
China did not yet constitute a global health emergency. Today (as of Jan 27,
2020), Asian markets declined following the decline on Wall Street
overnight. However, many markets remained closed for the Lunar New Year
holidays. Nikkei fell 1.64% (as at 8.a.m. IST).
• European markets managed to end the session in the green after the World
Health Organization said the deadly Chinese coronavirus was not a global
emergency yet.
• U.S. markets fell on the last session of the week after the second U.S. case of
the deadly coronavirus was confirmed, renewing concerns over its impact on
the global economy.
Markets for You
FII Derivative Trade Statistics
24-Jan
(Rs Cr) Buy
Sell Open Int.
Index Futures 4570.86 4987.07 18271.91
Index Options 470062.93 467133.92 60008.22
Stock Futures 17812.15 17878.31 106282.21
Stock Options 6925.36 6726.10 6493.48
Total 499371.30 496725.40 191055.82
24-Jan Prev_Day
Change
Put Call Ratio (OI) 1.42 1.16 0.26
Put Call Ratio(Vol) 0.94 0.93 0.01
24-Jan Wk. Ago Mth. Ago
Year Ago
Call Rate 4.96% 5.02% 5.12% 6.41%
T-Repo 5.00% 4.98% 4.79% 6.41%
Repo 5.15% 5.15% 5.15% 6.50%
Reverse Repo 4.90% 4.90% 4.90% 6.25%
91 Day T-Bill 5.08% 5.09% 5.02% 6.50%
364 Day T-Bill 5.27% 5.10% 5.29% 6.76%
10 Year Gilt 6.58% 6.63% 6.58% 7.56%
G-Sec Vol. (Rs.Cr) 39080 49149 26181 22173
FBIL MIBOR 5.15% 5.22% 5.25% 6.60%
3 Month CP Rate 5.75% 5.80% 5.40% 7.65%
5 Year Corp Bond 7.17% 7.45% 7.67% 8.47%
1 Month CD Rate 5.21% 5.11% 5.08% 6.71%
3 Month CD Rate 5.61% 5.62% 5.07% 6.94%
1 Year CD Rate 6.13% 6.12% 6.01% 7.89%
Currency 24-Jan Prev_Day
Change
USD/INR 71.24 71.24 0.00
GBP/INR 93.51 93.48 0.03
EURO/INR 78.69 78.96 -0.27
JPY/INR 0.65 0.65 0.00
Commodity 24-Jan Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
54.04 58.55 61.14 52.84
Brent Crude($/bl) 59.63 64.34 71.10 61.53
Gold( $/oz) 1570 1556 1499 1281
Gold(Rs./10 gm) 40002 39804 38297 32226
Source: Thomson Reuters Eikon
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
27 January 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
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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
• Nifty Jan 2020 Futures stood at 12,271.60, a premium of 23.35 points above
the spot closing of 12,248.25. The turnover on NSE’s Futures and Options
segment fell to Rs. 9,66,739.73 crore on January 24, 2020, compared with
Rs. 34,45,384.84 crore on January 23, 2020.
• The Put-Call ratio stood at 0.91 compared with the previous session’s close
of 0.81.
• The Nifty Put-Call ratio stood at 1.42 compared with the previous session’s
close of 1.16.
• Open interest on Nifty Futures stood at 14.88 million, compared with the
previous session’s close of 14.8 million.
• Bond yields lowered as crude oil prices softened amid demand concerns
following the virus outbreak in China. In addition, the outcome of RBI’s
special open market operation also supported the market sentiment and
added to the gains.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) reduced 2 bps
to close at 6.58% compared with the previous close of 6.60% after trading in
the range of 6.57% to 6.61%.
• Banks borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 2,844 crore (gross) on Jan 24, 2020 compared with
borrowings of Rs. 3,074 crore (gross) on Jan 23, 2020. Sale of securities
under Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 40,799
crore on Jan 23, 2020.
• Banks borrowed Rs. 3,800 crore under the central bank’s Marginal Standing
Facility on Jan 23, 2020 compared with borrowings of Rs. 2,250 crore on Jan
22, 2020.
• The Indian rupee eased against the U.S. dollar, as fears about the spread of a
virus from China lowered investor appetite in the region.
• The euro fell against the U.S dollar as subdued Euro Zone Composite Flash
Purchasing Managers' Index (PMI) data for Jan 2020, increased expectations
that European central bank (ECB policymakers will maintain a loose
monetary policy for the near future.
• Gold prices rose after the U.S. Center for Disease Control and Prevention
confirmed a second U.S. case of the coronavirus in the country.
• Brent crude prices plunged amid concerns over the coronavirus outbreak in
China.
• According to the minutes of the policy meeting held in Dec 2019, the Bank
of Japan should closely watch the effects of the slowdown in overseas
economies and the sales tax hike on the Japanese economy.
• A report from the IHS Markit and Chartered Institute of Procurement &
Supply showed that U.K.’s composite output index rose to 52.4 in Jan 2020
from 49.3 in Dec 2019.
• According to a report from the Ministry of Internal Affairs, Japan's inflation
remained well below the 2% target and rose 0.8% in Dec 2019 as against a
growth of 0.5% in Nov 2019.
• A preliminary report from the IHS Markit showed that Japan’s composite
output index grew to 51.1 in Jan 2020 as against 48.6 in Dec.
Markets for You
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