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03 Jun 2020
Markets for You
Global Indices
Global Indices 02-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,501 1,490 10 0.69
Nasdaq 9,608 9,552 56 0.59
FTSE 6,220 6,166 54 0.87
Nikkei 22,326 22,062 263 1.19
Hang Seng 23,996 23,733 263 1.11
Indian Indices 02-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 33,826 33,304 522 1.57
Nifty 50 9,979 9,826 153 1.56
Nifty 100 10,140 9,996 143 1.43
Nifty 500 8,137 8,020 117 1.46
Nifty Bank 20,530 19,960 570 2.86
S&P BSE Power 1,532 1,510 22 1.43
S&P BSE Small Cap
11,428 11,223 206 1.83
S&P BSE HC 15,817 15,711 106 0.68
Date P/E Div. Yield P/E Div. Yield
2-Jun 21.63 1.11 23.31 1.53
Month Ago 20.90 1.13 22.35 1.54
Year Ago 29.01 1.19 29.49 1.22
Nifty 50 Top 3 Gainers
Company 02-Jun Prev_Day
% Change
#
Bajaj Finserv Limited 5185 4763 8.85
Bajaj Finance 2346 2161 8.58
Tata Motors 97 90 7.76
Nifty 50 Top 3 Losers Domestic News
Company 02-Jun Prev_Day
% Change
#
Coal India 143 149 -3.47
Maruti 5690 5794 -1.79
ITC 197 201 -1.65
Advance Decline Ratio
BSE NSE
Advances 1732 1382
Declines 725 459
Unchanged 154 99
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -32207
MF Flows** 38447
*2
nd
Jun 2020; **29
th
May 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-16.70%
(Mar-20)
2.70%
(Mar-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 01 Jun 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 June 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
0.40%
(Dec-19)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
141
6933
7.35%
(Dec-19)
• Indian equity markets managed to close in the green with investors
shrugging off the downgrade of the long-term sovereign rating by a global
rating agency. Buying interest found support from positive global cues and
reassurance by Prime Minister that India will return to growth.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.57% and
1.56% to close at 33,825.53 and 9,979.10 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 1.20% and 1.83% respectively.
• The overall market breadth on BSE was strong with 1,732 scrips advancing
and 725 scrips declining. A total of 154 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Realty was the major gainer, up 4.57%
followed by S&P BSE Bankex, up 3.25% and S&P BSE Finance, up 3.12%. S&P
BSE FMCG was the only loser, down 0.54%.
• The Ministry of Electronics and Information Technology has announced
three schemes to promote the manufacturing of electronics not for
domestic consumption but also for exports. Schemes are Production Linked
Incentive Scheme for large-scale electronics manufacturing, Promotion of
Manufacturing of Electronic Components and Semiconductors and
Modified Electronics Manufacturing Clusters Scheme.
• In a bid to boost indigenous manufacturing and the Make-in-India
programme, the Ministry of Chemicals and Fertilisers has fixed 60% (for
FY20-21) of local content in public procurement of 55 chemical and
pesticide products. For 2021-23, percentage will enhanced to 70% and 80%
during FY23-25.
• The defence ministry’s procurement chief said they are contemplating to
reserve procurement of defence goods worth less than Rs. 50 crore per
year for micro, small and medium enterprises (MSMEs) to promote
indigenization.
• India’s Prime Minister said India would return to its path of growth as we
reopen the economy while the rest of the world was struggling with the
coronavirus outbreak. He added that there are so many sectors where we
can do phenomenally well on the world stage.
• Hindustan Copper announced that its board members have approved an
increase in the company's borrowing cap from consortium and other banks
to Rs. 1,350 crore from existing Rs. 850 crore.
• Indigo reported a loss of Rs. 873 crore in the quarter ending Mar 2020 as
compared to a net profit of Rs. 590 crore in the same quarter last year. The
poor performance was mainly due to fall in demand in Mar 2020 because of
the Coronavirus pandemic.
• Asian markets witnessed gains as optimism over an economic recovery
following the easing of the coronavirus pandemic infused lockdown helped
offset jitters over social unrest in the U.S. and rising U.S.-China tensions.
Today (as on June 3) markets traded higher as investors continued to track
developments surrounding the reopening of economies. Both Nikkei and
Hang Seng are up 1.74% and 1.28% (as at 8.a.m. IST), respectively.
• European markets too went up amid hopes of economic recovery following
reopening of businesses across several parts of Europe and across the
globe.
• U.S. markets rose, led by optimism around reopening businesses, which
overshadowed concerns about the global pandemic, U.S.-China trade
tensions and nationwide protests.
Markets for You
FII Derivative Trade Statistics
02-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 6461.35 6325.34 7534.07
Index Options 174305.53 174531.63 39017.54
Stock Futures 18589.03 18940.15 80811.31
Stock Options 4053.02 4193.39 2802.46
Total 203408.93 203990.51 130165.38
02-Jun Prev_Day
Change
Put Call Ratio (OI) 1.59 1.53 0.06
Put Call Ratio(Vol) 0.85 0.78 0.08
02-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.53% 3.61% 4.19% 5.92%
T-Repo 3.15% 2.79% 3.75% 5.94%
Repo 4.00% 4.00% 4.40% 6.00%
Reverse Repo 3.35% 3.35% 3.75% 5.75%
91 Day T-Bill 3.25% 3.00% 3.59% 6.10%
364 Day T-Bill 3.44% 3.45% 3.73% 6.23%
10 Year Gilt 6.00% 5.97% 6.11% 7.03%
G-Sec Vol. (Rs.Cr) 37127 39733 35084 86184
FBIL MIBOR
[1]
4.01% 4.07% 4.41% 6.00%
3 Month CP Rate 4.35% 4.35% 5.45% 6.80%
5 Year Corp Bond 6.78% 6.85% 6.91% 8.00%
1 Month CD Rate 3.35% 3.60% 4.14% 6.38%
3 Month CD Rate 3.47% 3.51% 4.60% 6.47%
1 Year CD Rate 4.02% 4.33% 4.79% 7.20%
Currency 02-Jun Prev_Day
Change
USD/INR 75.59 75.48 0.11
GBP/INR 94.64 93.53 1.11
EURO/INR 84.11 84.09 0.02
JPY/INR 0.70 0.70 0.00
Commodity 02-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
36.83 34.60 19.22 53.44
Brent Crude($/bl) 36.87 33.31 14.85 68.02
Gold( $/oz) 1727 1711 1699 1305
Gold(Rs./10 gm) 40989 40989 40989 32056
Source: Refinitiv
[1]
Data as on 01 Jun 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
03 June 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 party
sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Nippon Life
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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 such data and
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• Nifty Jun 2020 Futures stood at 9,962.95, a discount of 16.15 points below
the spot closing of 9,979.10. The turnover on NSE’s Futures and Options
segment rose to Rs. 11,79,193.68 crore on June 02, 2020, compared with
Rs. 11,00,322.42 crore on June 01, 2020.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.76.
• The Nifty Put-Call ratio stood at 1.59 compared with the previous session’s
close of 1.53.
• Open interest on Nifty Futures stood at 11.84 million, compared with the
previous session’s close of 11 million.
• Bond yields rose initially following downgrade of the country’s long-term
credit rating by a major global credit rating agency. However, the trend
reversed as bond yields came down for the first time in six trading sessions
as market participants resorted to bargain hunting. Hopes of a rate cut in
the coming months and expectation that the Reserve Bank of India will take
some steps to manage the yield curve also contributed to the upside.
• Yield on the existing 10-year benchmark paper (6.45% GS 2029) fell 4 bps to
close at 6.00% compared to the previous close of 6.04% after trading in a
range of 6.00% to 6.09%.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) fell 3 bps to
close at 5.79% compared to the previous close of 5.82% after moving in a
range of 5.79% to 5.87%.
• The Indian rupee in spot trade strengthened against the greenback
following gains in the domestic equity market.
• The euro rose against the greenback on hopes of a global economic
recovery and expectations that central banks will continue to buy
government bonds and other financial assets to protect their economies
from the coronavirus pandemic.
• Gold prices fell as manufacturing activity in U.S. contracted at a slightly
lower rate in May 2020.
• Brent crude prices rose ahead of OPEC+ meeting on output cuts on hopes
that major oil producers will agree to extend output cuts.
• According to report released by the Institute for Supply Management, U.S.
manufacturing purchasing managers index (PMI) rose to 43.1 in May 2020
from 41.5 in Apr 2020.
• According to the Bank of England, U.K. mortgage approvals declined sharply
to 15,848 in Apr 2020 from 56,136 in Mar 2020. The sharp fall came amid
coronavirus pandemic.
• According to the Commerce Department, U.S. construction spending fell
2.9% to an annual rate of $1.346 trillion in April 2020 after rising by less
than a tenth of a percent to a revised $1.387 trillion in Mar 2020.
• According to data from Nationwide Building Society, U.K. house prices fell
1.7% MoM in May 2020 as against 0.9% rise in Apr 2020.
Markets for You
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