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27 Jul 2020
Markets for You
Global Indices
Global Indices 24-Jul Prev_Day Abs. Change
% Change
#
Russell 3000 1,601 1,611 -9 -0.58
Nasdaq 10,363 10,461 -98 -0.94
FTSE 6,124 6,211 -88 -1.41
Nikkei
[1]
22,752 22,884 -133 -0.58
Hang Seng 24,705 25,263 -558 -2.21
Indian Indices 24-Jul Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,129 38,140 -12 -0.03
Nifty 50 11,194 11,215 -21 -0.19
Nifty 100 11,298 11,334 -37 -0.32
Nifty 500 9,086 9,114 -28 -0.31
Nifty Bank 22,662 23,084 -422 -1.83
S&P BSE Power 1,556 1,565 -8 -0.54
S&P BSE Small Cap
12,967 12,996 -30 -0.23
S&P BSE HC 17,083 17,167 -85 -0.49
Date P/E Div. Yield P/E Div. Yield
24-Jul 25.37 1.02 29.35 1.43
Month Ago 22.41 1.03 25.63 1.48
Year Ago 27.16 1.24 27.62 1.32
Nifty 50 Top 3 Gainers
Company 24-Jul Prev_Day
% Change
#
RIL 2146 2058 4.29
HCL Tech 680 653 4.15
Tech Mahindra 653 632 3.19
Nifty 50 Top 3 Losers Domestic News
Company 24-Jul Prev_Day
% Change
#
Zee Ente. 152 159 -4.56
Hindalco 156 162 -3.58
Axis Bank 446 461 -3.31
Advance Decline Ratio
BSE NSE
Advances 1034 684
Declines 1624 1190
Unchanged 138 93
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -16177
MF Flows** 33627
*24
th
Jul 2020; **23
rd
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.
27 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
-467
2114
5.84%
(Mar-20)
• Indian equity markets dipped amid selling pressure in financial, auto, and
metal sectors. However, buying in selected blue chip and IT stocks gave the
much-needed support, thereby restricting losses.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.03% and 0.19%
to close at 38,128.90 and 11,194.15 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.59% and 0.23% respectively.
• The overall market breadth on BSE was weak with 1,034 scrips advancing
and 1,624 scrips declining. A total of 138 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 2.9%
followed by S&P BSE IT, up 1.33% and S&P BSE Teck, up 0.76%. S&P BSE
Metal was the major loser, down 2.11% followed by S&P BSE Bankex, down
1.93% and S&P BSE Realty, down 1.89%.
• The Reserve Bank of India (RBI) in its Financial Stability Report took note of
the disconnect between the real sector activity within the domestic
economy and the ongoing exuberance in the domestic equity market. RBI
also indicated that as the uncertainty over the COVID-19 pandemic begins
to wane, the central bank will gradually withdraw the stimulus and support
packages without disrupting the markets. RBI further warned that brewing
geopolitical tensions and loss in economic activity due to COVID-19
pandemic may adversely impact the growth prospects of the global
economy.
• RBI warned that macro tests undertaken for ascertaining the credit risk
indicate that the gross non-performing asset ratio of all scheduled
commercial banks may increase from 8.5% in Mar 2020 to 12.5% by Mar
2021 under the baseline scenario which again might rise further to 14.7%
under a very severely stressed scenario. RBI also opined that banks turned
risk averse due to a series of credit defaults in 2019 as a result of which
market access became difficult which resulted in funding constraints.
• RBI in its Financial Stability Report noted that both gross bad loans and
aggregate loan portfolios came down under the large borrower category
for the period from Mar 2018 to Mar 2020. However, formation of non-
performing assets and credit increased under small borrower category
during the same period.
• The International Monetary Fund (IMF) underlined the importance of
economic reforms to attract investment in the country. IMF further added
that additional investments in infrastructure are also imperative to bring
about inclusive growth with continued sustainability.
• Hero MotoCorp reported additional investment of Rs. 84 crore in Ather
Energy, smart electric scooter start-up, taking up its stake in the company
to 34.58% from 31.27% previously.
• Crompton Greaves Consumer Electricals reported 38.90% decline in its
consolidated profit to Rs. 74.80 crore for the quarter ended Jun 30, 2020 as
against profit of Rs122.44 crore in the same period a year ago. The decline
in profit came due to lower income.
• Asian markets retreated following disappointing U.S. initial jobless claims
for the week to Jul 18 coupled with concerns about rising U.S.-China
tensions. Worries about the spread of the coronavirus added to the woes.
Today (as on July 27), Asian markets were mixed as investors continue to
watch for developments on issues such as the coronavirus pandemic. Both
Nikkei and Hang Seng were trading lower 0.68% and 0.34%, respectively (as
at 8.a.m. IST), respectively.
• European markets declined sharply on rising tensions between the U.S. and
China and worries about global economic outlook due to the impact of the
coronavirus pandemic. The continued uncertainty about trade discussions
between the U.K. and the European Union, increased losses.
• U.S. markets fell amid concerns about rising tensions between the U.S. and
China after Beijing decided to revoke the license for the establishment and
operation of the U.S. Consulate General in Chengdu.
Markets for You
FII Derivative Trade Statistics
24-Jul
(Rs Cr) Buy
Sell Open Int.
Index Futures 3740.84 3520.47 10840.78
Index Options 332386.00 330647.94 55499.47
Stock Futures 14525.38 15806.00 91154.46
Stock Options 5559.76 5373.91 6527.53
Total 356211.98 355348.32 164022.24
24-Jul Prev_Day
Change
Put Call Ratio (OI) 1.74 1.87 -0.12
Put Call Ratio(Vol) 1.01 1.10 -0.09
24-Jul Wk. Ago Mth. Ago
Year Ago
Call Rate 3.42% 3.49% 3.54% 5.58%
T-Repo 3.18% 3.17% 2.00% 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 3.26% 3.21% 3.16% 5.70%
364 Day T-Bill 3.45% 3.36% 3.50% 5.95%
10 Year Gilt 5.82% 5.80% 5.92% 6.44%
G-Sec Vol. (Rs.Cr) 41818 45761 29881 37098
FBIL MIBOR 3.84% 3.92% 3.91% 5.70%
3 Month CP Rate 3.65% 3.65% 3.95% 6.40%
5 Year Corp Bond 6.43% 6.31% 6.69% 7.73%
1 Month CD Rate 3.26% 3.21% 3.04% 5.86%
3 Month CD Rate 3.30% 3.28% 3.26% 6.28%
1 Year CD Rate 3.85% 3.76% 4.11% 6.93%
Currency 24-Jul Prev_Day
Change
USD/INR 74.87 74.75 0.11
GBP/INR 95.42 95.29 0.13
EURO/INR 86.95 86.65 0.30
JPY/INR 0.70 0.70 0.01
Commodity 24-Jul Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
41.21 40.50 37.81 55.87
Brent Crude($/bl) 43.72 44.27 41.50 64.02
Gold( $/oz) 1901 1809 1761 1426
Gold(Rs./10 gm) 50960 48942 48389 34897
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
27 July 2020
Derivative Statistics- Nifty Options
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• Nifty Jul 2020 Futures stood at 11,170.25, a discount of 23.90 points below
the spot closing of 11,194.15. The turnover on NSE’s Futures and Options
segment fell to Rs. 11,53,542.45 crore on July 24, 2020, compared with Rs.
34,71,635.85 crore on July 23, 2020.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close
of 0.84.
• The Nifty Put-Call ratio stood at 1.74 compared with the previous session’s
close of 1.86.
• Open interest on Nifty Futures stood at 13.42 million, compared with the
previous session’s close of 13.59 million.
• Bond yields rose amid thin volumes with the market participants
anticipating bond supportive steps from the Reserve Bank of India (RBI) in
the coming months to ease oversupply concerns.
• Yield on the 10-year benchmark paper (5.79% GS 2030) increased 2 bps to
close at 5.82% as compared to previous close of 5.80% after moving in a
range of 5.80% to 5.83%.
• Data from Reserve Bank of India showed that India's foreign exchange
reserves rose to $517.64 billion for the week ended Jul 17, 2020 from
$516.36 billion at the end of the previous week.
• Banks did not borrowed under the central bank’s Marginal Standing Facility
on Jul 23, 2020 borrowing of Rs. 60 crore on Jul 22, 2020.
• The Indian rupee in the spot trade weakened against the greenback
following losses in the domestic equity market and concerns over escalating
tensions between U.S. and China after the latter ordered the U.S. to close its
consulate in the southwestern city of Chengdu.
• The euro rose against the greenback after preliminary data showed that
economic activity in euro zone bounced back to growth in Jul 2020.
• Gold prices rose after China ordered the U.S. to close its consulate in the
southwestern city of Chengdu.
• Brent crude prices fell amid concerns over rising coronavirus infection cases
in U.S. and escalating tensions between U.S. and China.
• According to the data from the Labor Department, U.S. initial jobless claims
increased 109,000 to 1.416 million from the previous week's revised level of
1.307 million.
• According to preliminary survey from European Commission, flash consumer
confidence indicator for euro area fell to -15 in Jul 2020 from -14.7 in Jun
2020.
• According to survey data from IHS Markit, eurozone flash composite output
index rose to a 25-month high of 54.8 in Jul 2020 from 48.5 in Jun 2020. The
increase came due to the relaxation of the coronavirus containment
measures.
• According to GfK, U.K. consumer confidence index rose to -27 in Jul 2020
from -30in Jun 2020.
Markets for You
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