Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 Jul 2020
Markets for You
Global Indices
Global Indices 03-Jul Prev_Day Abs. Change
% Change
#
Russell 3000
[1]
1,572 1,564 8 0.50
Nasdaq
[1]
10,208 10,155 53 0.52
FTSE 6,157 6,240 -83 -1.33
Nikkei 22,306 22,146 161 0.72
Hang Seng 25,373 25,124 249 0.99
Indian Indices 03-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 36,021 35,844 178 0.50
Nifty 50 10,607 10,552 56 0.53
Nifty 100 10,776 10,716 60 0.56
Nifty 500 8,696 8,648 48 0.56
Nifty Bank 21,852 21,953 -101 -0.46
S&P BSE Power 1,607 1,580 27 1.73
S&P BSE Small Cap
12,603 12,543 60 0.47
S&P BSE HC 16,344 16,285 59 0.36
Date P/E Div. Yield P/E Div. Yield
3-Jul 24.19 1.06 27.78 1.51
Month Ago 21.75 1.11 23.50 1.51
Year Ago 28.72 1.18 29.30 1.23
Nifty 50 Top 3 Gainers
Company 03-Jul Prev_Day
% Change
#
Bharti Airtel 581 558 4.12
Adani Ports & SEZ 360 347 3.92
Eicher Motors 18984 18354 3.43
Nifty 50 Top 3 Losers Domestic News
Company 03-Jul Prev_Day
% Change
#
JSW Steel 191 194 -1.80
IndusInd Bank 487 495 -1.54
Tata Steel 330 335 -1.49
Advance Decline Ratio
BSE NSE
Advances 1337 892
Declines 1409 1002
Unchanged 143 84
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -22473
MF Flows** 40006
*3
rd
Jul 2020; **1
st
Jul 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-55.50%
(Apr-20)
3.20%
(Apr-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 02 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
06 July 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
2.20%
(Jan-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
758
-331
7.35%
(Dec-19)
• Indian equity markets settled in the green amid strong buying interest in
one of the industry behemoths after the investment arm of a U.S.
chipmaker decided to pay around$255 million to buy a 0.39% stake in the
digital unit of the industry heavyweight.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.5% and 0.53%
to close at 36,021.42 and 10,607.35 respectively.
• The overall market breadth on BSE was weak with 1,337 scrips advancing
and 1,409 scrips declining. A total of 143 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 3.45%
followed by S&P BSE Power, up 1.73% and S&P BSE Capital Goods, up
1.66%. S&P BSE Metal was the major loser, down 0.51% followed by S&P
BSE Bankex, down 0.39% and S&P BSE Finance, down 0.36%.
• The IHS Markit Services Business Activity Index rose to 33.7 in Jun 2020
from 12.6 in May 2020. Despite improvement in the index, services activity
contracted for the fourth consecutive month due to poor domestic demand
and low export orders. New orders fell at a sharp pace in Jun 2020.
• Direct tax refunds (Refunds, or cash outflow from the income tax
department) dropped 16% YoY to Rs. 64,428 crore in the Jun quarter of
FY21 from Rs. 76,575 crore at end-June 2019. Lesser attendance, caused by
the lockdown have been attributed by tax officials led to a delay in
clearance of large refunds. The Central Board of Direct Taxes (CBDT) said
tax refunds had been issued at a speed of 76 cases per minute between Apr
8 and Jun 30.
• Import restrictions from China have been announced by the Ministry of
Power on equipment used for power supply systems and networks amid
security and cyber threats. The ministry said prior permission would be
needed to import from countries on the prior reference list, which includes
China and Pakistan.
• According to a ICRA rating agency report, the states' combined market
borrowings as state development loans have doubled to Rs. 1.7 lakh crore
during the Jun first quarter of FY21, on account of expenditure to fight
Covid-19 and lower tax collections due to multiple lockdown extensions.
ICRA said, the gap between state government’s tax collections in the Jun
quarter and the expenditure have widened.
• Intel Capital will invest Rs 1,894.50 crore at an equity valuation of Rs. 4.91
trillion and an enterprise valuation of Rs 5.16 trillion for a 0.39% stake in
Reliance Industries' Jio Platforms.
• L&T Finance Holdings (LTFH) in its annual report of FY20 said that it plans to
raise up to Rs. 2,000 crore by issuing preference shares through public offer
or private placement.
• Asian markets edged higher on the back of growing economic optimism
after a survey showed China's service sector expanded in June on
improving market conditions following the easing of coronavirus related
measures. Both Nikkei and Hang Seng were trading up 0.96%, and 1.32%
(as at 8.a.m. IST), respectively.
• European markets closed higher as rising covid-19 cases in the U.S. renewed
fears of another lockdown in several states and dimmed hopes about a
quick economic recovery.
• U.S. markets remained closed on Independence Day
Markets for You
FII Derivative Trade Statistics
03-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 5531.19 4825.28 6629.53
Index Options 464143.07 461411.36 40545.69
Stock Futures 12764.98 12097.71 87043.61
Stock Options 3575.05 3416.34 5237.20
Total 486014.29 481750.69 139456.03
03-Jul Prev_Day
Change
Put Call Ratio (OI) 1.50 1.62 -0.12
Put Call Ratio(Vol) 0.89 1.01 -0.12
03-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.50% 3.54% 3.76% 5.71%
T-Repo 3.07% 2.68% 3.05% 5.49%
Repo 4.00% 4.00% 4.00% 5.75%
Reverse Repo 3.35% 3.35% 3.35% 5.50%
91 Day T-Bill 2.99% 3.16% 3.36% 5.95%
364 Day T-Bill 3.41% 3.49% 3.45% 6.13%
10 Year Gilt 5.96% 6.00% 6.03% 6.83%
G-Sec Vol. (Rs.Cr) 36385 45778 27486 50727
FBIL MIBOR 3.90% 3.94% 3.96% 5.90%
3 Month CP Rate 3.85% 3.85% 4.35% 6.90%
5 Year Corp Bond 6.51% 6.67% 6.86% 7.99%
1 Month CD Rate 3.29% 3.16% 3.38% 6.34%
3 Month CD Rate 3.25% 3.22% 3.66% 6.38%
1 Year CD Rate 3.94% 4.10% 4.03% 7.23%
Currency 03-Jul Prev_Day
Change
USD/INR 74.78 75.49 -0.70
GBP/INR 93.27 94.36 -1.09
EURO/INR 84.05 85.07 -1.02
JPY/INR 0.70 0.70 -0.01
Commodity 03-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
[1]
40.52 38.48 37.28 57.03
Brent Crude($/bl) 43.96 41.51 36.91 64.12
Gold( $/oz) 1775 1771 1698 1419
Gold(Rs./10 gm) 48227 48117 46609 34134
Source: Refinitiv
[1]
Data as on 02 Jul, 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
06 July 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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 Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of
such data or information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to
the extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising
out of their own investigations. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of
the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or
exemplary damages, including on account of lost profits arising from the information contained in this material.
• Nifty Jul 2020 Futures stood at 10,572.45, a discount of 34.90 points below
the spot closing of 10,607.35. The turnover on NSE’s Futures and Options
segment fell to Rs. 7,92,884.44 crore on July 03, 2020, compared with Rs.
34,58,396.29 crore on July 02, 2020.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.79.
• The Nifty Put-Call ratio stood at 1.5 compared with the previous session’s
close of 1.62.
• Open interest on Nifty Futures stood at 12.07 million, compared with the
previous session’s close of 11.8 million.
• Bond yield rose marginally amid concerns over excess debt supply. However,
losses were restricted on hopes of supportive measures from the Reserve
Bank of India.
• Yield on the 10-year benchmark paper (5.79% GS 2030) rose 1 bps to 5.85%
as compared to previous close of 5.84% after moving in a range of 5.85% to
5.87%.
• Banks borrowed Rs. 50 crore under the central bank’s Marginal Standing
Facility on Jul 02, 2020 as compared to no borrowing on Jul 01, 2020.
• RBI conduced the auction of four government securities namely 5.09% GS
2022, 5.79% GS 2030, GoI FRB 2033 and 7.19% GS 2060 for a notified
amount of Rs. 30,000 crore for which the entire amount was accepted and
the cut off price (cut off yield) subsequently stood at Rs. 101.72 (4.07%), Rs.
99.41 (5.87%), Rs. 99.99 (4.64%) and Rs. 109.62 (6.51%) respectively. Green
Shoe of Rs. 2000 crore each has been exercised in 5.09% GS 2022 and 7.19%
GS 2060.
• The Indian rupee in the spot trade rose against the greenback following
gains in the domestic equity market. However, rising number of coronavirus
infection cases capped the gains.
• The euro inched up against the greenback following better than expected
U.S. nonfarm payroll employment data for Jun 2020. However, increase in
coronavirus infection cases particularly in U.S. capped the gains.
• Gold prices fell as the safe haven appeal of the yellow metal dwindled
following better than expected U.S. nonfarm payroll employment data for
Jun 2020.
• Brent crude prices rose following better than expected U.S. nonfarm payroll
employment data for Jun 2020.
• According to the Labor Department, U.S. non-farm payroll employment rose
steeply by 4.8 million jobs in Jun 2020 after increasing by an upwardly
revised 2.7 million jobs in May 2020. The Labor Department also said the
unemployment rate fell 11.1% in Jun 2020 from 13.3% in May 2020.
• According to final data from IHS Markit, eurozone’s service PMI stood at a
four-month high of 48.3 in Jun 2020 as against 30.5 in May 2020. The final
composite output index rose to 48.5 in Jun from 31.9 in May.
• According to final data from IHS Markit, Japan’s Jibun Bank services
Purchasing Managers' Index (PMI) rose sharply to 45.0 in Jun 2020 from 26.5
in May 2020. Japan's service sector contracted at a slower pace in Jun as
some firms returned to business.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Thank you for
your time.
