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10 Jun 2020
Markets for You
Global Indices
Global Indices 09-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,544 1,546 -1 -0.08
Nasdaq 9,954 9,925 29 0.29
FTSE 6,336 6,473 -137 -2.11
Nikkei 23,091 23,178 -87 -0.38
Hang Seng 25,057 24,777 280 1.13
Indian Indices 09-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 33,957 34,371 -414 -1.20
Nifty 50 10,047 10,167 -121 -1.19
Nifty 100 10,231 10,347 -115 -1.12
Nifty 500 8,238 8,324 -86 -1.03
Nifty Bank 20,725 21,187 -462 -2.18
S&P BSE Power 1,562 1,570 -8 -0.48
S&P BSE Small Cap
11,846 11,965 -119 -1.00
S&P BSE HC 16,200 16,015 185 1.16
Date P/E Div. Yield P/E Div. Yield
9-Jun N.A N.A 24.25 1.52
Month Ago 19.77 1.20 21.28 1.64
Year Ago 28.16 1.21 29.36 1.23
Nifty 50 Top 3 Gainers
Company 09-Jun Prev_Day
% Change
#
Dr.Reddy 4124 3968 3.94
IndusInd Bank 464 452 2.72
Sun Pharma 501 489 2.40
Nifty 50 Top 3 Losers Domestic News
Company 09-Jun Prev_Day
% Change
#
Wipro 218 226 -3.58
GAIL 101 105 -3.48
Tata Motors 111 115 -3.46
Advance Decline Ratio
BSE NSE
Advances 1111 773
Declines 1470 1135
Unchanged 168 77
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -18469
MF Flows** 37094
*9
th
Jun 2020; **3
rd
Jun 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 08 Jun, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
10 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
-1200
1053
7.35%
(Dec-19)
• Indian equity markets closed lower as concerns over rising coronavirus
cases rekindled after Delhi Deputy Chief Minister said that the total number
of covid-19 cases in the Delhi may rise to over 550,000 by end of Jul.
Sentiments also dampened as World Bank projected India’s economy to
contract 3.2% in FY 2021 due to stringent measures to restrict spread of
covid-19, which brought all business activities to a grinding halt.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.2% and 1.19% to
close at 33,956.69 and 10,046.65 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.21% and 1% respectively.
• The overall market breadth on BSE was weak with 1,111 scrips advancing
and 1,470 scrips declining. A total of 168 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Healthcare was the major gainer, up
1.16% followed by S&P BSE Realty, up 0.3% and S&P BSE FMCG, up 0.01%.
S&P BSE Telecom was the major loser, down 3.06% followed by S&P BSE
Bankex, down 2.3% and S&P BSE Energy, down 1.97%.
• According to the World Bank, India's economy is expected to contract 3.2%
in FY21, a significant decrease from its Apr 2020 projection of 1.5% - 2.8%
growth. As per the bank, coronavirus pandemic and the multi-phased
lockdown imposed to control its spread has resulted in a shocking blow to
the Indian economy.
• Securities and Exchange Board of India has reported relaxation of
compliance requirements for issuers seeking to list their non-convertible
debentures (NCDs), non-convertible redeemable preference shares
(NCRPS) and commercial papers (CPs). The relaxation has been given with
regard to disclosure of financial results by another month till Jun 30, 2020.
• According to a global rating agency, India's sovereign decline in ratings has
created six "fallen angels," or non-financial-sector companies whose ratings
have fallen to just one notch away from being considered junk. Companies
moving from investment grade to sub-investment grade are sometimes
referred to as "Fallen Angels." All the six companies are state-run
companies in the oil and gas sector, with $1 billion in classified bonds to be
repaid by 2021.
• According to Mercer's '2020 Cost of Living Survey', Mumbai is ranked 19th
in Asia at the world's 60th most expensive city for expatriates. Mumbai is
the most expensive among Indian cities surveyed, followed by New Delhi
(101st globally) and Chennai (143rd globally). Bengaluru (171) and Kolkata
(185) are the least expensive Indian cities in the rankings.
• According to media reports, the net profit of Titan rose 21% on a yearly
basis to Rs. 358 crore for the quarter ended Mar 2020. However, the
revenue came down 5.5% to Rs. 4,469 crore. The company reported that
business was adversely impacted in the second half of Mar 2020 after the
government imposed a nationwide lockdown to combat the COVID-19
pandemic.
• Asian markets largely remained positive led by hopes for a speedy
economic recovery from the coronavirus-induced downturn. However,
gains were restricted after the World Bank warned the global economy may
shrink by 5.2 % this year. Today (as on Jun 10), majority of the markets
traded lower tracking overnight weakness in U.S. and European markets.
Nikkei is down 0.39%, while Hang Seng is up 0.91% (as at 8.a.m. IST).
• European markets too closed lower amid growth worries after data showed
a sharp contraction in Euro Zone GDP for Q1 and a marked decline in
German exports.
• Most of the U.S. markets fell as investors remained on side-lines ahead of
the Federal Reserve's monetary policy announcements scheduled later
during the day.
Markets for You
FII Derivative Trade Statistics
09-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 5621.08 6060.14 8302.38
Index Options 189375.09 189370.42 49725.56
Stock Futures 19409.30 19130.51 81610.45
Stock Options 4698.24 4676.41 4671.08
Total 219103.71 219237.48 144309.47
09-Jun Prev_Day
Change
Put Call Ratio (OI) 1.20 1.37 -0.16
Put Call Ratio(Vol) 0.94 1.03 -0.09
09-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.52% 3.53% 3.98% 5.69%
T-Repo 3.11% 3.15% 3.39% 5.74%
Repo 4.00% 4.00% 4.40% 5.75%
Reverse Repo 3.35% 3.35% 3.75% 5.50%
91 Day T-Bill 3.40% 3.25% 3.48% 5.91%
364 Day T-Bill 3.49% 3.44% 3.40% 6.05%
10 Year Gilt 6.00% 6.00% 6.02% 6.97%
G-Sec Vol. (Rs.Cr) 33915 37127 59756 48346
FBIL MIBOR
[1]
3.97% 4.04% 4.43% 5.80%
3 Month CP Rate 4.30% 4.35% 5.35% 6.60%
5 Year Corp Bond 6.84% 6.78% 6.85% 7.91%
1 Month CD Rate 3.29% 3.35% 4.23% 5.77%
3 Month CD Rate 3.51% 3.47% 4.16% 6.13%
1 Year CD Rate 4.08% 4.02% 4.67% 7.12%
Currency 09-Jun Prev_Day
Change
USD/INR 75.49 75.63 -0.14
GBP/INR 95.97 96.03 -0.05
EURO/INR 85.15 85.35 -0.20
JPY/INR 0.70 0.69 0.01
Commodity 09-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
38.93 36.83 24.23 53.90
Brent Crude($/bl) 40.19 36.87 21.96 65.54
Gold( $/oz) 1714 1727 1701 1340
Gold(Rs./10 gm) 46588 40989 40989 32607
Source: Refinitiv
[1]
Data as on 08 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
10 June 2020
Derivative Statistics- Nifty Options
Disclaimer:
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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 10,034.00, a discount of 12.65 points below
the spot closing of 10,046.65. The turnover on NSE’s Futures and Options
segment rose to Rs. 14,83,359.90 crore on June 09, 2020, compared with
Rs. 11,42,760.49 crore on June 08, 2020.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 0.96.
• The Nifty Put-Call ratio stood at 1.2 compared with the previous session’s
close of 1.37.
• Open interest on Nifty Futures stood at 11.8 million, compared with the
previous session’s close of 11.83 million.
• Bond yields fell for the second consecutive session on hopes that the
Reserve Bank of India would soon announce open market purchase of
government securities to absorb the excess supply of sovereign debt. It
needs to be noted that the domestic debt market at present is reeling
under supply concerns which can be attributed to the government's higher
borrowing plan.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) fell 3 bps to
close at 5.78% compared to the previous close of 5.81% after moving in a
range of 5.78% to 5.79%.
• Yield on the old 10-year benchmark paper (6.45% GS 2029) fell 3 bps to
close at 5.99% from the previous close of 6.02% after trading in a range of
5.99% to 6.01%.
• The Indian rupee weakened against the U.S. dollar following rebound in the
U.S. dollar index and fall in domestic equity market. The rupee fell to 75.61
per dollar from the previous close of 75.54.
• Euro rose against the weak U.S. dollar after better than expected Eurozone
economic growth for the Mar quarter of 2020. Euro closed at $1.1340, up
0.43% compared with the previous close of $1.1292.
• Gold prices rose as market participants preferred to remain on the sidelines
and await the outcome of the U.S. Federal Reserve monetary policy review.
• Brent crude prices fell on concerns over oversupply and worries about a
resurgence in coronavirus cases.
• Germany's exports fell sharply by 31.1% YoY in Apr 2020 compared with a
7.7% fall in Mar 2020. Imports fell 21.6% YoY after falling 4.4% in Mar 2020.
As a result, trade surplus fell to EUR 3.5 billion, the lowest since December
2000, from EUR 17.8 billion during the similar comparable period.
• Wholesale inventories in the U.S. by rose 0.3% in Apr 2020 compared with a
sharp fall by a revised 1.1% in Mar 2020 (originally reported 0.8% fall) in the
prior month. .
• According to the revised estimate by Eurostat, euro area Gross Domestic
Product (GDP) contracted 3.6% QoQ in the Mar quarter of 2020, but slower
than the initial estimate of 3.8% fall. Household spending dropped 4.7%
QoQ and gross fixed capital formation went down 4.3%.
Markets for You
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