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05 Jun 2020
Markets for You
Global Indices
Global Indices 04-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,498 1,514 -15 -1.02
Nasdaq 9,616 9,683 -67 -0.69
FTSE 6,341 6,382 -41 -0.64
Nikkei 22,696 22,614 82 0.36
Hang Seng 24,366 24,326 41 0.17
Indian Indices 04-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 33,981 34,110 -129 -0.38
Nifty 50 10,029 10,062 -32 -0.32
Nifty 100 10,198 10,220 -22 -0.22
Nifty 500 8,186 8,203 -17 -0.21
Nifty Bank 20,390 20,941 -550 -2.63
S&P BSE Power 1,532 1,519 13 0.88
S&P BSE Small Cap
11,565 11,571 -6 -0.05
S&P BSE HC 16,099 15,838 261 1.65
Date P/E Div. Yield P/E Div. Yield
4-Jun 21.48 1.12 23.42 1.52
Month Ago 19.77 1.21 24.06 1.57
Year Ago 28.76 1.19 29.73 1.21
Nifty 50 Top 3 Gainers
Company 04-Jun Prev_Day
% Change
#
Vedanta Limited 104 97 7.96
Tech Mahindra 582 553 5.21
Zee Ente. 206 196 5.06
Nifty 50 Top 3 Losers Domestic News
Company 04-Jun Prev_Day
% Change
#
Asian Paints 1634 1717 -4.82
Bajaj Finance 2313 2412 -4.10
IndusInd Bank 415 432 -4.00
Advance Decline Ratio
BSE NSE
Advances 1268 943
Declines 1183 889
Unchanged 157 91
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -22155
MF Flows** 38447
*4
th
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 03 Jun 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
05 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
2162
7.35%
(Dec-19)
• Indian equity markets came under selling pressure dragged by banking
stocks. The sector came under selling pressure after the Supreme Court
asked the finance ministry to clarify its stand on whether interest rate could
be waived for the moratorium period. The RBI opined that such interest
waive may jeopardise the financial stability and health of the banking
sector.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.38% and 0.32%
to close at 33,980.70 and 10,029.10 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.06% and 0.05% respectively.
• The overall market breadth on BSE was strong with 1,268 scrips advancing
and 1,183 scrips declining. A total of 157 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
3.47% followed by S&P BSE Teck, up 2.28% and S&P BSE IT, up 1.86%. S&P
BSE Bankex was the major loser, down 2.7% followed by S&P BSE Finance,
down 2.54% and S&P BSE Capital Goods, down 1.73%.
• According to an ICRA report, banks gross non-performing assets (NPAs) are
likely to increase to 11.3-11.6% by the end of FY20-21 from 8.6% as of Mar
2020, due to disruptions caused by the covid-19 pandemic. Report further
added that, fresh gross NPAs are projected to be at 5-5.5% of standard
advances during FY20-21, which will increase the banks' credit provision
and impact their earnings.
• According to a report released by the ministry of statistics and programme
implementation in its annual periodic labour force survey, India’s
unemployment rate eased during Jul 2018 to Jun 2019 to 5.8% from 6.1%,
during the similar period in FY17-18. The labour force participation rate
inched up to 37.5% from 36.9% during the similar comparable period. Even
the worker population ratio rose to 35.3% from 34.7%.
• According to a domestic rating agency, Indian construction industry is likely
to see 12-16% fall in investment from Rs. 8.6 lakh crore to Rs. 7.3 lakh crore
during FY20-21. Covid-19 pandemic has severely impacted the economy
and liquidity scenario.
• With a view to protect domestic manufacturers from cheap imports from
China, Malaysia and Korea, government has extended anti-dumping duty on
certain variety of steel products till Dec 4, 2020.
• As per media reports, Amazon may buy around 5% stake in Bharti Airtel
worth atleast $2 billion.
• Bharat Petroleum Corporation (BPCL) reported a pre-tax loss of Rs.
2,958.91 crore for the quarter ended Mar 2020, while the company had
reported a profit during the same time period last year.
• Asian markets largely remained positive as the concerns over the unrest in
U.S. has taken a backseat and U.S. private sector jobs report showed
employers cut fewer jobs than expected in May. However, Chinese markets
closed lower amid lingering worries about diplomatic tensions between the
United States and China. Today (as on Jun 5) majority of the markets traded
lower tracking overnight losses in the Wall Street. Both Nikkei and Hang
Seng are down 0.23% and 0.20% (as at 8.a.m. IST), respectively.
• European markets fell after the European Central Bank President
commented that the euro zone has faced an unprecedented contraction.
• Most of the U.S. markets closed in the red as investors remained on side-
lines ahead of the release of the Labor Department's monthly jobs report
on Jun 5.
Markets for You
FII Derivative Trade Statistics
04-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 6955.72 6424.08 8712.13
Index Options 288560.52 288721.66 46137.50
Stock Futures 19433.89 17798.36 81093.82
Stock Options 3639.10 3663.29 3588.78
Total 318589.23 316607.39 139532.23
04-Jun Prev_Day
Change
Put Call Ratio (OI) 1.36 1.59 -0.23
Put Call Ratio(Vol) 0.98 1.03 -0.05
04-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.75% 3.70% 4.06% 5.87%
T-Repo 3.11% 3.07% 3.32% 5.79%
Repo 4.00% 4.00% 4.40% 6.00%
Reverse Repo 3.35% 3.35% 3.75% 5.75%
91 Day T-Bill 3.39% 3.18% 3.54% 6.05%
364 Day T-Bill 3.47% 3.41% 3.60% 6.16%
10 Year Gilt 6.01% 5.99% 6.08% 7.02%
G-Sec Vol. (Rs.Cr) 27486 22526 42527 44224
FBIL MIBOR
[1]
3.96% 4.02% 4.48% 5.95%
3 Month CP Rate 4.35% 4.35% 5.55% 6.75%
5 Year Corp Bond 6.86% 6.83% 7.03% 8.01%
1 Month CD Rate 3.18% 3.82% 4.02% 6.15%
3 Month CD Rate 3.70% 3.77% 4.53% 6.43%
1 Year CD Rate 4.08% 4.30% 4.75% 7.16%
Currency 04-Jun Prev_Day
Change
USD/INR 75.53 75.33 0.20
GBP/INR 94.66 94.87 -0.21
EURO/INR 84.64 84.44 0.19
JPY/INR 0.69 0.69 0.00
Commodity 04-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
37.37 33.62 19.97 53.45
Brent Crude($/bl) 37.10 33.19 15.73 65.00
Gold( $/oz) 1711 1719 1701 1325
Gold(Rs./10 gm) 46640 40989 40989 32407
Source: Refinitiv
[1]
Data as on 03 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
05 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 10,017.65, a discount of 11.45 points below
the spot closing of 10,029.10. The turnover on NSE’s Futures and Options
segment rose to Rs. 22,25,985.70 crore on June 04, 2020, compared with
Rs. 17,25,770.69 crore on June 03, 2020.
• The Put-Call ratio stood at 0.98 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.36 compared with the previous session’s
close of 1.59.
• Open interest on Nifty Futures stood at 11.34 million, compared with the
previous session’s close of 11.74 million.
• Bond yields fell on hopes that the Reserve Bank of India would conduct
open market purchase of government securities to absorb the additional
supply of sovereign debt. Meanwhile market participants awaited a weekly
debt auction and minutes of the Monetary Policy Committee’s May meeting
due to be released on May 5, 2020 which capped the gains.
• Yield on the old 10-year benchmark paper (6.45% GS 2029) fell 2 bps to
close at 6.01% compared to the previous close of 6.03% after trading in a
range of 6.01% to 6.05%.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) fell 2 bps to
close at 5.80% compared to the previous close of 5.82% after moving in a
range of 5.80% to 5.82%.
• Banks did not borrow under borrowed under the central bank’s Marginal
Standing Facility on Jun 3, 2020 and Jun 2, 2020.
• The Indian rupee in spot trade weakened against the greenback following
losses in the domestic equity market.
• The euro rose against the greenback after the European Central Bank
increased the size of its Pandemic Emergency Purchase Program which led
to optimism regarding the recovery of the euro zone economy. The euro
closed at 1.1336, up 0.93% compared to the previous day’s close of 1.1232.
• Gold prices rose after U.S. trade deficit surged in Apr 2020 which raised
concerns of an economic slowdown.
• Brent crude prices fell amid doubts as to whether the crude oil producers
will agree to extend record output cuts.
• According to a report released by the Institute for Supply Management, U.S.
services purchasing managers’ index improved to 45.4 in May 2020 after
falling to 41.8 in Apr 2020.
• The European Central Bank (ECB) left its key interest rates unchanged as
expected, however, ECB increased the size of its emergency asset purchase
programme.
• According to the Commerce Department, U.S. new orders fell 13% in Apr
2020 after declining by a revised 11% percent in Mar 2020.
• Eurozone retail sales fell for the second straight month by 11.7% in Apr
2020 MoM as against an 11.1% fall in Mar 2020. On a yearly basis, retail sales
fell 19.6% in Apr following 8.8% decline in Mar.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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