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20 Jul 2020
Markets for You
Global Indices
Global Indices 17-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,613 1,607 6 0.40
Nasdaq 10,503 10,474 29 0.28
FTSE 6,290 6,251 40 0.63
Nikkei 22,696 22,770 -74 -0.32
Hang Seng 25,089 24,971 118 0.47
Indian Indices 17-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 37,020 36,472 548 1.50
Nifty 50 10,902 10,740 162 1.51
Nifty 100 11,046 10,880 166 1.53
Nifty 500 8,895 8,767 129 1.47
Nifty Bank 21,967 21,597 370 1.71
S&P BSE Power 1,518 1,502 16 1.07
S&P BSE Small Ca 12,783 12,642 140 1.11
S&P BSE HC 17,124 16,942 182 1.07
Date P/E Div. Yield P/E Div. Yield
17-Jul 24.72 1.04 28.55 1.47
Month Ago 21.21 1.10 24.59 1.54
Year Ago 28.11 1.20 28.58 1.28
Nifty 50 Top 3 Gainers
Company 17-Jul Prev_Day
% Change
#
BPCL 444 394 12.67
ONGC 80 76 5.52
Bharti Infratel 198 190 4.26
Nifty 50 Top 3 Losers Domestic News
Company 17-Jul Prev_Day
% Change
#
Hindalco 162 166 -2.35
Britannia Industries Limited 3785 3855 -1.81
TCS 2201 2235 -1.52
Advance Decline Ratio
BSE NSE
Advances 1641 1233
Declines 1007 625
Unchanged 151 90
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -24571
MF Flows** 36510
*17
th
Jul 2020; **13
th
Jul 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.09%
(Jun-20)
3.18%
(Jun-19)
IIP
-34.71%
(May-20)
4.50%
(May-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 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
5.20%
(Feb-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
-808
-1202
5.84%
(Mar-20)
• Indian equity markets rose as investors took a break from the ongoing
worries over COVID-19 pandemic and focusing on the corporate earning
numbers of some of the blue-chip companies. Corporate earnings among
blue-chip companies have so far been positive with majority of the key IT
companies beating estimates for the first quarter of the current fiscal.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.5% and 1.51%
to close at 37,020.14 and 10,901.70 respectively.
• The overall market breadth on BSE was strong with 1,641 scrips advancing
and 1,007 scrips declining. A total of 151 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Oil & Gas was the major gainer, up
5.05% followed by S&P BSE Energy, up 4.06% and S&P BSE Consumer
Durables, up 2.81%. S&P BSE IT was the major loser, down 0.86% followed
by S&P BSE Teck, down 0.42%.
• During Apr 8 to Jul 11, 2020, the Income Tax Department issued refunds
worth Rs. 71,229 crore to over 21 lakh taxpayers. Total amount includes
personal income tax refunds of Rs. 24,603 crore issued to 19.7 lakh
individuals and corporate tax refunds amounting to Rs. 46,626 crore to over
145,000 taxpayers during this period.
• The Income-tax Appellate Tribunal in it landmark ruling has paved the way
for the Income-tax department to recover money stashed away abroad. The
appellate tribunal directed income tax department to bring Rs. 196 crore,
belonging to an NRI under the tax net.
• According to a domestic rating agency report, Indian states have increased
their market borrowings by 76% YoY during Apr 1 - Jul 14, 2020 to Rs. 1.93
lakh crore amid huge revenue losses due to coronavirus lockdowns. Front-
loading of market loans has happened after the Centre relaxed the ways
and means advances norms to manage cash-flow mismatches due to the
pandemic.
• Data by the Controller General of Accounts showed that expenditure by the
Ministry of Health and Family Welfare dropped almost 50% YoY to Rs. 3,948
crore in May 2020 compared with a rise of 200% YoY to Rs. 12,930 crore in
Apr 2020.
• Britannia reported profit before tax of Rs. 737.05 crore for quarter ended
Jun 2020, a rise of 88% over the corresponding period of the previous
fiscal. The net profit for the company rose 117% YoY to Rs. 546 crore in the
quarter ended Jun 2020. Britannia consolidated revenue grew 26% YoY at
Rs. 3,384 crore.
• In order to maintain its capital adequacy ratio, Central Bank of India will
collect up to Rs. 5,000 crore of equity capital through different modes,
including following up on public offer and rights issues.
• Asian markets largely closed in the green as optimism over additional
economic stimulus measures in major countries outweighed worries over
rising coronavirus infections and worsening tensions between U.S. and
China. Today (as on Jul 20), markets traded low as investors remained on
sidelines ahead of the release of China’s benchmark lending rate. Both
Nikkei and Hang Seng are down 0.08% and 0.28% (as at 8:00 AM IST),
respectively.
• European markets largely closed in the green as investors looked ahead to
the outcome of the EU Summit.
• U.S. markets traded mixed as investors remain optimistic about the
economic outlook but cannot ignore the troubling headlines on the
coronavirus front.
Markets for You
FII Derivative Trade Statistics
17-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 4390.95 5035.19 8161.28
Index Options 541090.45 537122.05 47332.29
Stock Futures 17245.77 16530.64 87480.15
Stock Options 5201.09 5241.86 7875.73
Total 567928.26 563929.74 150849.45
17-Jul Prev_Day
Change
Put Call Ratio (OI) 1.76 1.35 0.40
Put Call Ratio(Vol) 0.90 0.85 0.05
17-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.49% 3.50% 3.55% 5.56%
T-Repo 3.17% 3.13% 2.90% 5.51%
Repo 4.00% 4.00% 4.00% 5.75%
Reverse Repo 3.35% 3.35% 3.35% 5.50%
91 Day T-Bill 3.21% 3.16% 3.25% 5.74%
364 Day T-Bill 3.36% 3.36% 3.55% 5.98%
10 Year Gilt 5.80% 5.76% 5.84% 6.34%
G-Sec Vol. (Rs.Cr) 45761 69637 21423 99211
FBIL MIBOR 3.92% 3.87% 3.93% 5.75%
3 Month CP Rate 3.65% 3.80% 4.20% 6.38%
5 Year Corp Bond 6.31% 6.26% 6.78% 7.70%
1 Month CD Rate 3.21% 3.20% 3.24% 5.98%
3 Month CD Rate 3.28% 3.24% 3.37% 6.52%
1 Year CD Rate 3.76% 3.90% 4.18% 6.79%
Currency 17-Jul Prev_Day
Change
USD/INR 75.10 75.24 -0.14
GBP/INR 94.25 94.46 -0.20
EURO/INR 85.50 85.80 -0.31
JPY/INR 0.70 0.70 0.00
Commodity 17-Jul Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/b
40.50 40.51 37.86 56.47
Brent Crude($/bl) 44.27 43.71 41.02 63.81
Gold( $/oz) 1809 1798 1726 1427
Gold(Rs./10 gm) 48942 49143 47202 34428
Source: Refinitiv
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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20 July 2020
Derivative Statistics- Nifty Options
Disclaimer:
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Commodity Prices
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Currency Market Update
Commodity Market Update
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arising from the information contained in this material
• Nifty Jul 2020 Futures stood at 10,905.05, a premium of 3.35 points above
the spot closing of 10,901.70. The turnover on NSE’s Futures and Options
segment fell to Rs. 10,75,163.07 crore on July 17, 2020, compared with Rs.
36,50,218.67 crore on July 16, 2020.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.77.
• The Nifty Put-Call ratio stood at 1.76 compared with the previous session’s
close of 1.35.
• Open interest on Nifty Futures stood at 12.49 million, compared with the
previous session’s close of 12.22 million.
• Bond yields inched down as aggressive demand at the weekly debt auction
boosted investor’s appetite. Hopes of support from the Reserve Bank of
India to absorb excess supply also boosted domestic debt market.
• Yield on the 10-year benchmark paper (5.79% GS 2030) fell 1 bps to 5.80%
as compared to previous close of 5.81% after moving in a range of 5.79% to
5.83%.
• Banks borrowed Rs. 90 crore under the central bank’s Marginal Standing
Facility on Jul 16, 2020 as against no borrowing on Jul 15, 2020.
• The Indian rupee in the spot trade rose against the U.S. dollar following
selling of the greenback by foreign banks and private banks.
• The euro rose against the greenback on hopes that the European Union
summit will come to an agreement on the recovery fund that will help the
euro zone recover from the slump caused due to COVID-19 pandemic and
deepen its integration.
• Gold prices rose as its safe haven appeal improved on concerns over rising
coronavirus infection cases in U.S.
• Brent crude prices fell due to increase in coronavirus infection cases in
several countries across the globe.
• Data from the U.S. Commerce Department showed that U.S. business
inventories plunged by 2.3% in May 2020 after falling by 1.4% in Apr 2020.
• Data from the Federal Reserve Bank of Philadelphia showed that the
diffusion index for current general activity fell to 24.1 in Jul 2020 from 27.5
in Jun 2020.
• Data from the U.S. Commerce Department showed that retail sales in U.S.
rose 7.5% in Jun 2020 after rising by an upwardly revised 18.2% in May 2020
(17.7% growth originally reported for the previous month).
• Data from the National Association of Home Builders showed that the
NAHB/Wells Fargo Housing Market Index in U.S. rose to 72 in Jul 2020 after
rising to 58 in Jun 2020.
Markets for You
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