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09 Jul 2020
Markets for You
Global Indices
Global Indices 08-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,613 1,591 21 1.34
Nasdaq 10,493 10,344 149 1.44
FTSE 6,156 6,190 -34 -0.55
Nikkei 22,439 22,615 -176 -0.78
Hang Seng 26,129 25,976 154 0.59
Indian Indices 08-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 36,329 36,675 -346 -0.94
Nifty 50 10,706 10,800 -94 -0.87
Nifty 100 10,871 10,958 -87 -0.79
Nifty 500 8,785 8,850 -65 -0.74
Nifty Bank 22,585 22,628 -43 -0.19
S&P BSE Power 1,585 1,612 -27 -1.69
S&P BSE Small Cap
12,785 12,840 -55 -0.43
S&P BSE HC 16,363 16,280 83 0.51
Date P/E Div. Yield P/E Div. Yield
8-Jul 24.05 1.07 27.98 1.50
Month Ago 21.68 1.10 23.97 1.50
Year Ago 27.84 1.21 28.42 1.27
Nifty 50 Top 3 Gainers
Company 08-Jul Prev_Day
% Change
#
IndusInd Bank 553 526 5.00
Vedanta Limited 110 108 2.60
JSW Steel 195 191 2.36
Nifty 50 Top 3 Losers Domestic News
Company 08-Jul Prev_Day
% Change
#
Zee Ente. 172 180 -4.52
Bajaj Finance 3208 3352 -4.29
Asian Paints 1686 1746 -3.41
Advance Decline Ratio
BSE NSE
Advances 1233 812
Declines 1536 1107
Unchanged 150 60
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -23042
MF Flows** 40106
*8
th
Jul 2020; **3
rd
Jul 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-55.49%
(Apr-20)
3.20%
(Apr-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 07 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 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
-815
-1666
7.35%
(Dec-19)
• Indian equity markets witnessed heavy selling pressure towards end of the
session to close in the red. The increase in new coronavirus cases in some
parts of the world undermined prospects for a quick economic recovery.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.94% and 0.87%
to close at 36,329.01 and 10,705.75 respectively.
• The overall market breadth on BSE was weak with 1,233 scrips advancing
and 1,536 scrips declining. A total of 150 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 1.7%
followed by S&P BSE FMCG, up 0.76% and S&P BSE Healthcare, up 0.51%.
S&P BSE Realty was the major loser, down 2.05% followed by S&P BSE Auto,
down 1.95% and S&P BSE Teck, down 1.94%.
• The Cabinet has approved proposal to extend distribution of free food
grains and pulses under the Pradhan Mantri Garib Anna Yojana (PMGKAY)
for five months till Nov 2020 to 81 crore PDS beneficiaries. Five kilograms
of wheat or rice and one kilogram of pulses per month are provided at no
cost under the scheme.
• The Union Government said that the merger process of three ailing general
insurance companies in the public sector has been stopped, and instead will
concentrate on their profitable growth. The cabinet also approved capital
infusion of Rs. 12,450 crore into the three insurers, which includes Rs. 2,500
crore infused in Feb 2020.
• The Cabinet has approved extension of EPF contribution of 24% (12%
employees share and 12% employers share) for another 3 months from Jun
to Aug 2020 under Pradhan Mantri Garib Kalyan Yojana (PMGKY)
/Aatmanirbhar Bharat. With a total estimated expenditure of Rs. 4,860
crore, this move will benefit over 367,000 employers and 7.2 million
employees.
• As per media reports, the Securities and Exchange Board of India (Sebi) is
looking to allow futures trading in petrol and diesel, as there was no
disruption in commodity derivatives trading during the COVID-19 crisis. Sebi
is also looking to re-allow futures trade in tur and urad, which was banned
in 2007 following a spike in these commodities prices.
• Asian equity markets remained mixed amid lingering concern over the
coronavirus pandemic. Gloomy economic forecasts from the Organization
for Economic Cooperation and Development and the European Commission
also weighed on markets. Nonetheless, a section of investors remained
optimistic over quick economic recovery. Today (as on July 09), Asian
markets mostly opened higher ahead of the release of China’s retail
inflation data. Both Nikkei and Hang Seng were trading up 0.21% and
0.88%, respectively (as at 8.a.m. IST), respectively.
• European markets declined on concerns over uncertainty about pace of
global economic recovery amid rising new cases of coronavirus infection
across the world.
• U.S. markets rose after a range bound session as economic optimism
continues to overshadow the recent surge in coronavirus cases. Also lack of
major U.S. economic news kept some market participants on the sidelines.
Markets for You
FII Derivative Trade Statistics
08-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 3984.87 4394.30 7116.72
Index Options 254075.45 253640.54 53221.09
Stock Futures 15407.79 16045.45 90702.95
Stock Options 5483.35 5437.89 6184.73
Total 278951.46 279518.18 157225.49
08-Jul Prev_Day
Change
Put Call Ratio (OI) 1.37 1.63 -0.26
Put Call Ratio(Vol) 0.97 0.92 0.06
08-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.51% 3.55% 3.54% 5.65%
T-Repo 3.14% 2.90% 3.14% 5.68%
Repo 4.00% 4.00% 4.00% 5.75%
Reverse Repo 3.35% 3.35% 3.35% 5.50%
91 Day T-Bill 3.10% 3.05% 3.43% 5.80%
364 Day T-Bill 3.39% 3.43% 3.42% 6.01%
10 Year Gilt 5.78% 5.84% 5.81% 6.56%
G-Sec Vol. (Rs.Cr) 50867 57692 20618 102561
FBIL MIBOR
[1]
3.93% 3.92% 3.97% 5.79%
3 Month CP Rate 3.80% 3.90% 4.30% 6.85%
5 Year Corp Bond 6.39% 6.50% 6.86% 7.83%
1 Month CD Rate 3.17% 3.21% 3.28% 5.93%
3 Month CD Rate 3.25% 3.24% 3.52% 6.15%
1 Year CD Rate 3.91% 3.96% 4.01% 7.39%
Currency 08-Jul Prev_Day
Change
USD/INR 75.03 74.86 0.17
GBP/INR 94.12 93.49 0.64
EURO/INR 84.54 84.61 -0.07
JPY/INR 0.70 0.70 0.00
Commodity 08-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
40.86 39.83 38.12 57.32
Brent Crude($/bl) 44.21 43.06 40.26 65.48
Gold( $/oz) 1810 1770 1695 1395
Gold(Rs./10 gm) 48965 48730 46264 34437
Source: Refinitiv
[1]
Data as on 07 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
09 July 2020
Derivative Statistics- Nifty Options
Disclaimer:
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• Nifty Jul 2020 Futures stood at 10,696.30, a discount of 9.45 points below
the spot closing of 10,705.75. The turnover on NSE’s Futures and Options
segment rose to Rs. 19,45,370.49 crore on July 08, 2020, compared with Rs.
14,59,493.48 crore on July 07, 2020.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.77.
• The Nifty Put-Call ratio stood at 1.37 compared with the previous session’s
close of 1.63.
• Open interest on Nifty Futures stood at 12.62 million, compared with the
previous session’s close of 13.1 million.
• Bond yields fell for the third consecutive session on hopes that the Reserve
Bank of India may announce another round of special open market
operation to absorb the excess supply of sovereign debt.
• Yield on the 10-year benchmark paper (5.79% GS 2030) inched down 1 bps
to close at 5.78% compared to previous close of 5.79% after moving in a
range of 5.76% to 5.80%.
• Banks did not borrow under the central bank’s Marginal Standing Facility on
Jul 07, 2020 as compared to a borrowing of Rs. 1,504 crore on Jul 06, 2020.
• The Indian rupee in the spot trade weakened against the greenback due to
dollar purchases by foreign banks. Increase in coronavirus infection cases in
U.S. also dampened market sentiment.
• The euro rose against the greenback on hopes of a swift economic recovery
even though persisting concerns over coronavirus infection cases in U.S.
kept overall market sentiment subdued.
• Gold prices surpassed the $1,800 an ounce for the first time since 2011 due
to increase in coronavirus infection cases.
• Brent crude prices fell amid concerns over increase in coronavirus infection
cases in U.S.
• France's Gross domestic product (GDP) is forecasted to contract 17% in the
June quarter of 2020 but will expand around 19% in the subsequent quarter
and 3% in the Mar quarter of 2021. .
• The current conditions index of the Economy Watchers' Survey in Japan rose
to 38.8 in Jun 2020 from 15.5 in May 2020. The index rose sharply for the
second straight month. .
• The Report on Jobs compiled by IHS Markit showed, UK hiring activity
continued to fall in Jun 2020 as clients continued to freeze or cut back on
their recruitment plans due to the coronavirus pandemic.
• Japan’s current account surplus surged to 1,176.8 billion yen in May 2020
from 262.7 billion yen in Apr 2020. The trade deficit fell 18.1% YoY to 556.8
billion yen.
Markets for You
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