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24 Jul 2020
Markets for You
Global Indices
Global Indices 23-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,611 1,646 -36 -2.18
Nasdaq 10,461 10,706 -245 -2.29
FTSE 6,211 6,207 4 0.07
Nikkei
[1]
22,752 22,884 -133 -0.58
Hang Seng 25,263 25,058 205 0.82
Indian Indices 23-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,140 37,872 269 0.71
Nifty 50 11,215 11,133 83 0.74
Nifty 100 11,334 11,249 85 0.75
Nifty 500 9,114 9,047 67 0.75
Nifty Bank 23,084 22,883 201 0.88
S&P BSE Power 1,565 1,563 1 0.07
S&P BSE Small Cap 12,996 12,917 79 0.61
S&P BSE HC 17,167 16,888 279 1.65
Date P/E Div. Yield P/E Div. Yield
23-Jul 25.18 1.01 29.20 1.43
Month Ago 22.92 1.00 26.05 1.45
Year Ago 27.44 1.24 27.77 1.31
Nifty 50 Top 3 Gainers
Company 23-Jul Prev_Day
% Change
#
Eicher Motors 20882 19891 4.99
SBI 198 192 3.26
ICICI Bank 392 381 2.93
Nifty 50 Top 3 Losers Domestic News
Company 23-Jul Prev_Day
% Change
#
Axis Bank 461 479 -3.78
Shree Cements Limited 21568 21979 -1.87
HUL 2211 2249 -1.65
Advance Decline Ratio
BSE NSE
Advances 1418 1036
Declines 1239 820
Unchanged 155 105
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -18292
MF Flows** 35398
*23
rd
Jul 2020; **22
nd
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 22 Jul, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
-1
1739
5.84%
(Mar-20)
• Indian equity markets edged higher, led by strong buying in select blue-chip
counters. Encouraging cues from European markets in the initial trade
contributed to the upside after the bourses rose on better-than-expected
corporate earnings, offsetting worries about rising cases of the COVID-19
and a sharp escalation in tensions between the United States and China
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.71% and
0.74% to close at 38,140.47 and 11,215.45 respectively.
• The overall market breadth on BSE was strong with 1,418 scrips advancing
and 1,239 scrips declining. A total of 155 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 2.36%
followed by S&P BSE Healthcare, up 1.65% and S&P BSE Realty, up 1.55%.
S&P BSE IT was the major loser, down 0.61% followed by S&P BSE Teck,
down 0.59% and S&P BSE Telecom, down 0.31%.
• Data from the Ministry of Petroleum & Natural Gas showed that production
of crude oil in Jun 2020 stood at 2,526.97 TMT (Thousand Metric Tonnes)
which was 4.19% lower than target and 5.99% lower compared to the same
period of the previous year. The cumulative oil production during the
period from Apr to Jun of 2020 stood at 7,675.19 TMT which was 3.04%
lower than the target and 6.48% lower compared to the corresponding
period of the previous year. The shortfall in production was primarily due to
less offtake due to coronavirus induced lockdowns and restrictions.
• According to the Union Minister of Chemicals and Fertilizers, the
government has taken various measures to give a fillip to the domestic
fertilizer sector so that adequate amount of fertilizer is available to farmers
during the sowing season. The minister further added that under the
Modified New Pricing Scheme, all the units which are using naphtha as
feedstock are to be converted to natural gas.
• According to IHS Markit, the Indian economy may rebound in the second
half of 2020 when the impact of the COVID-19 pandemic gradually
subsides. IHS Markit projected the Indian economy to grow 6.7% in the next
financial year even though it expects the economy to contract 6.3% on a
yearly basis in FY21. IHS Markit noted that the COVID-19 pandemic had
severely disrupted industrial production and consumer spending in Apr
2020 and May 2020.
• According to the Secretary of the Department of Economic Affairs (DEA),
the government might borrow more to boost its spending on
infrastructure. However, the DEA ruled out the option of monetizing the
deficit for the time being and added that the same has not been taken up
with the Reserve Bank of India.
• Asian markets witnessed mixed trend with investors focusing on the
escalating U.S. – China trade tension after the U.S. ordered the closure of
the Chinese consulate in order to protect U.S. intellectual property and
private information. Meanwhile, hopes for another round of government
stimulus for the virus-stricken economy supported underlying buying
interest. Today (as on Jul 24), markets are trading lower following
overnight weakness in Wall Street and growing tension between U.S. and
China. While Nikkei remained closed, Hang Seng traded down 0.88% (as at
8:00 AM), respectively.
• European markets closed flat as investors contemplated on the news on
trade talks between Britain and the EU.
• U.S. markets fell following the release of some disappointing U.S. economic
data, including a Labor Department report showing rise in initial jobless
claims in the week to Jul 18.
Markets for You
FII Derivative Trade Statistics
23-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 4570.03 4232.63 9963.45
Index Options 308021.92 307318.52 65450.74
Stock Futures 17077.06 17438.95 91212.28
Stock Options 6732.63 6507.86 7203.80
Total 336401.64 335497.96 173830.27
23-Jul Prev_Day
Change
Put Call Ratio (OI) 1.87 1.68 0.19
Put Call Ratio(Vol) 1.10 1.16 -0.06
23-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.48% 3.53% 3.52% 5.58%
T-Repo 3.16% 3.14% 2.81% 5.55%
Repo 4.00% 4.00% 4.00% 5.75%
Reverse Repo 3.35% 3.35% 3.35% 5.50%
91 Day T-Bill 3.25% 3.21% 3.25% 5.72%
364 Day T-Bill 3.45% 3.36% 3.49% 5.93%
10 Year Gilt 5.80% 5.81% 5.88% 6.46%
G-Sec Vol. (Rs.Cr) 29797 28108 21271 49145
FBIL MIBOR
[1]
3.83% 3.88% 3.91% 5.75%
3 Month CP Rate 3.65% 3.70% 3.95% 6.45%
5 Year Corp Bond 6.43% 6.28% 6.69% 7.74%
1 Month CD Rate 3.22% 3.22% 3.22% 5.90%
3 Month CD Rate 3.32% 3.28% 3.34% 6.28%
1 Year CD Rate 3.86% 3.76% 4.07% 7.02%
Currency 23-Jul Prev_Day
Change
USD/INR 74.75 74.68 0.07
GBP/INR 95.29 94.97 0.32
EURO/INR 86.65 86.06 0.58
JPY/INR 0.70 0.70 0.00
Commodity 23-Jul
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.97 40.69 40.35 56.55
Brent Crude($/bl) 44.31 44.74 44.41 62.47
Gold( $/oz) 1887 1797 1767 1417
Gold(Rs./10 gm) 50619 49077 47942 34852
Source: Refinitiv
[1]
Data as on 22 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
24 July 2020
Derivative Statistics- Nifty Options
Disclaimer:
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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
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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
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material.
• Nifty Jul 2020 Futures stood at 11,207.55, a discount of 7.90 points below
the spot closing of 11,215.45. The turnover on NSE’s Futures and Options
segment rose to Rs. 34,71,635.85 crore on July 23, 2020, compared with Rs.
19,98,781.81 crore on July 22, 2020.
• The Put-Call ratio stood at 0.84 compared with the previous session’s close
of 0.99.
• The Nifty Put-Call ratio stood at 1.87 compared with the previous session’s
close of 1.68.
• Open interest on Nifty Futures stood at 13.59 million, compared with the
previous session’s close of 13.21 million.
• Bond yields fell on anticipation of bond supportive steps from the Reserve
Bank of India (RBI) in the coming months to ease oversupply concerns.
Government has sharply increased its gross market borrowing for FY21 to a
record-high of Rs. 12 lakh crore and is expected to go for another round of
additional borrowing in the second half of the current year owing to a
shortfall in revenues.
• Yield on the 10-year benchmark paper (5.79% GS 2030) fell 2 bps to close at
5.80% as compared to previous close of 5.82% after moving in a range of
5.80% to 5.82%.
• Banks borrowed Rs. 60 crore under the central bank’s Marginal Standing
Facility on Jul 22, 2020 as against nil borrowing on Jul 21, 2020.
• The Indian rupee in the spot trade closed steady against the U.S. dollar as
suspected intervention by the Reserve Bank of India neutralized the positive
impact of a globally weak greenback and gains in the domestic equity
market. The rupee closed unchanged at 74.76 per U.S. dollar.
• The euro rose against the greenback after initial jobless claims in the U.S.
surged for the week ended Jul 18.
• Gold prices rose as escalating tensions between U.S. and China boosted the
safe haven appeal of the yellow metal.
• Brent crude prices rose on the back of a weaker dollar which boosted
physical oil demand.
• According to the National Association of Realtors, U.S. existing home sales
rose 20.7% to an annual rate of 4.72 million in Jun 2020 following 9.7%
decline to a rate of 3.91 million in May 2020.
• According to survey data from GfK, Germany’s forward-looking consumer
sentiment index rose to -0.3 points in Aug 2020 from revised -9.4 in Jul
2020. Germany consumer confidence continues to strengthen in Aug from
the weaker level due to coronavirus pandemic, as the cut in value-added tax
has improved the purchasing propensity.
• According to data from the Monetary Authority of Singapore and the
Ministry of Trade and Industry, Singapore’s consumer price index fell 0.5%
YoY in Jun 2020as against 0.8% decrease in May 2020.
Markets for You
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