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21 Jul 2020
Markets for You
Global Indices
Global Indices 20-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,651 1,613 38 2.34
Nasdaq 10,767 10,503 264 2.51
FTSE 6,262 6,290 -29 -0.46
Nikkei 22,717 22,696 21 0.09
Hang Seng 25,058 25,089 -31 -0.12
Indian Indices 20-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 37,419 37,020 399 1.08
Nifty 50 11,022 10,902 121 1.11
Nifty 100 11,159 11,046 114 1.03
Nifty 500 8,985 8,895 90 1.01
Nifty Bank 22,322 21,967 355 1.62
S&P BSE Power 1,515 1,518 -3 -0.20
S&P BSE Small Ca 12,915 12,783 133 1.04
S&P BSE HC 17,010 17,124 -114 -0.66
Date P/E Div. Yield P/E Div. Yield
20-Jul 24.78 1.03 28.86 1.46
Month Ago 22.11 1.06 25.49 1.49
Year Ago 27.73 1.22 27.92 1.31
Nifty 50 Top 3 Gainers
Company 20-Jul Prev_Day
% Change
#
Britannia Industries Limited 3983 3785 5.22
Bajaj Finance 3442 3301 4.25
HCL Tech 649 623 4.08
Nifty 50 Top 3 Losers Domestic News
Company 20-Jul Prev_Day
% Change
#
Sun Pharma 484 504 -3.93
Cipla 674 689 -2.14
Zee Ente. 155 157 -1.68
Advance Decline Ratio
BSE NSE
Advances 1510 1140
Declines 1179 784
Unchanged 185 91
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -23769
MF Flows** 36302
*20
th
Jul 2020; **17
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)
[1]
Data as on 17 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
21 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
9
802
5.84%
(Mar-20)
• Indian equity markets rose with investors taking positive cues from upbeat
earning numbers from a private sector lender. The report helped offset the
impact of a surge in domestic coronavirus cases.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.08% and
1.11% to close at 37,418.99 and 11,022.20 respectively.
• The overall market breadth on BSE was strong with 1,510 scrips advancing
and 1,179 scrips declining. A total of 185 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 2.3%
followed by S&P BSE Teck, up 2.17% and S&P BSE Telecom, up 1.63%. S&P
BSE Healthcare was the major loser, down 0.66% followed by S&P BSE
Power, down 0.2% and S&P BSE Capital Goods, down 0.13%.
• Data from the Ministry of Labour showed that consumer price index based
inflation for agricultural labourers and rural labourers fell to 7.16% and
7.00% in Jun 2020 from 8.40% and 8.12% respectively in May 2020.
Inflation based on food index of agricultural labourer and rural labourer
stood at 8.57% and 8.41% respectively in Jun 2020. The fall in retail
inflation for agricultural labourers and rural labourers can be attributed to a
fall in prices of rice, arhar dal, masur dal, ground nut oil, meat goat, poultry,
vegetables and fruits etc.
• According to a major domestic credit rating agency, the re-imposition of
lockdowns across various parts of the country may lead to a decline in
electricity demand by 5% to 6% across the country in FY21. The decline in
electricity demand may lead to a decline in utilization levels for thermal
power plants to about 50% to 51% in FY21.
• According to media reports, the Directorate General of Trade Remedies
(DGTR) has decided to continue with the safeguard duty on solar cells that
are imported from China, Thailand and Vietnam for one year period
effective Jul 31, 2020. However, imports from Malaysia and Indonesia will
be exempted from the duty.
• According to media reports, the government is considering unlocking about
500 mineral blocks through an open and transparent auction. The
government aims to do so by repealing Section 10A2 (b) of Mines and
Minerals (Development and Regulation) Act under the ‘AtmanirbharBharat”
vision. The move is expected to create 5 lakh employment and unlock more
than a billion tonne of mineral reserves.
• The new board of IL&FS said the company is looking to address Rs. 50,500
crore debt by the end of FY21 and has revised its debt resolution target to
57%. The group’s overall debt stands at around Rs. 99,000 crore.
• Alembic Pharmaceuticals said it obtained provisional approval from the U.S.
health regulator for Empagliflozin and Metformin Hydrochloride tablets for
type 2 diabetes treatment.
• Asian markets witnessed mixed trend after European Union remained
deadlocked on the 750 billion-euro ($857 billion) stimulus package to revive
the economy of the region and shall continue to discuss over the same.
Uncertainty over U.S. stimulus and weak Japanese exports data also kept
underlying sentiment cautious. Today (as on Jul 21), markets traded higher
as investor sentiments were buoyed by a slew of positive news on the
coronavirus vaccine front. Both Nikkei and Hang Seng are up 0.69% and
1.47% (as at 8:00 AM IST), respectively.
• Majority of the European markets rose amid optimism about a potential
coronavirus vaccine and on hopes the EU leaders will eventually agree on
the size and composition of a proposed recovery fund.
• U.S. markets managed to edge higher as positive updates on the vaccine
front outweighed spike in coronavirus cases in some states with Florida
reporting 12,523 new cases in the previous weekend.
Markets for You
FII Derivative Trade Statistics
20-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 4639.42 3987.07 8103.65
Index Options 181278.35 180711.36 54666.40
Stock Futures 16353.91 16059.90 88987.99
Stock Options 5025.97 5061.58 7925.16
Total 207297.65 205819.91 159683.20
20-Jul Prev_Day
Change
Put Call Ratio (OI) 1.75 1.76 -0.01
Put Call Ratio(Vol) 0.96 0.90 0.06
20-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.48% 3.46% 3.63% 5.70%
T-Repo 3.17% 3.10% 3.01% 5.70%
Repo 4.00% 4.00% 4.00% 5.75%
Reverse Repo 3.35% 3.35% 3.35% 5.50%
91 Day T-Bill 3.22% 3.18% 3.25% 5.64%
364 Day T-Bill 3.26% 3.37% 3.50% 5.89%
10 Year Gilt 5.80% 5.79% 5.85% 6.36%
G-Sec Vol. (Rs.Cr) 27983 41354 37652 57810
FBIL MIBOR
[1]
3.92% 3.87% 3.94% 5.70%
3 Month CP Rate 3.65% 3.75% 3.95% 6.33%
5 Year Corp Bond 6.28% 6.27% 6.67% 7.63%
1 Month CD Rate 3.27% 3.20% 3.25% 5.85%
3 Month CD Rate 3.28% 3.24% 3.35% 6.56%
1 Year CD Rate 3.79% 3.89% 4.08% 6.78%
Currency 20-Jul Prev_Day
Change
USD/INR 74.97 75.10 -0.13
GBP/INR 94.06 94.25 -0.19
EURO/INR 85.94 85.50 0.44
JPY/INR 0.70 0.70 0.00
Commodity 20-Jul
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.78 40.01 39.67 55.39
Brent Crude($/bl) 43.55 44.12 43.48 61.18
Gold( $/oz) 1815 1803 1743 1425
Gold(Rs./10 gm) 49118 49140 47519 35091
Source: Refinitiv
[1]
Data as on 17 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
21 July 2020
Derivative Statistics- Nifty Options
Disclaimer:
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contained in this material
• Nifty Jul 2020 Futures stood at 11,008.60, a discount of 13.60 points below
the spot closing of 11,022.20. The turnover on NSE’s Futures and Options
segment rose to Rs. 11,87,373.11 crore on July 20, 2020, compared with Rs.
10,75,163.07 crore on July 17, 2020.
• The Put-Call ratio stood at 0.84 compared with the previous session’s close
of 0.83.
• The Nifty Put-Call ratio stood at 1.75 compared with the previous session’s
close of 1.76.
• Open interest on Nifty Futures stood at 12.97 million, compared with the
previous session’s close of 12.49 million.
• Bond yields remained unchanged as a debt switch auction added to longer-
duration supply, but market participants remain hopeful of supportive steps
from the Reserve Bank of India. Government aims to switch bonds worth Rs.
2.70 lakh crore in FY21, and has so far conducted switches worth around Rs.
47,300 crore.
• Yield on the 10-year benchmark paper (5.79% GS 2030) remained
unchanged at 5.80% as compared to previous close after moving in a range
of 5.79% to 5.82%.
• Banks borrowed Rs. 55 crore under the central bank’s Marginal Standing
Facility on Jul 17, 2020 as against Rs. 90 crore on Jul 16, 2020.
• The Indian rupee in the spot trade rose against the U.S. dollar following
gains in the domestic equity market. However, concerns over rising
coronavirus infection cases across the globe capped the gains.
• The euro rose against the greenback on hopes that the European Union
summit will come to an agreement on the recovery fund which will help the
euro zone economy to recover from the COVID-19 pandemic.
• Gold prices rose as rising number of coronavirus infection cases across the
globe boosted the safe haven appeal of the yellow metal.
• Brent crude prices fell amid concerns over continued increase in coronavirus
infection cases.
• According to the preliminary report from the University of Michigan, U.S.
consumer sentiment index fell to 73.2 in Jul 2020 after jumping to 78.1 in
Jun 2020. The unexpected decline was due to the widespread resurgence of
the coronavirus.
• According to survey data from IHS Markit, U.K. headline household finance
index rose to 41.5 in Jul 2020 from 40.7 in Jun 2020. The household finance
index eased in Jul due to the phased reopening of the economy.
• For the third consecutive month, China's central bank left its key interest
rates unchanged, as the economy showed signs of recovery from the
unprecedented slump caused by the coronavirus pandemic. The one-year
loan prime rate was retained at 3.85% and the five-year loan prime rate was
maintained at 4.65%.
Markets for You
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