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12 Jun 2020
Markets for You
Global Indices
Global Indices 11-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,466 1,553 -86 -5.54
Nasdaq 9,493 10,020 -528 -5.27
FTSE 6,077 6,329 -252 -3.99
Nikkei 22,473 23,125 -652 -2.82
Hang Seng 24,480 25,050 -570 -2.27
Indian Indices 11-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 33,538 34,247 -709 -2.07
Nifty 50 9,902 10,116 -214 -2.12
Nifty 100 10,082 10,292 -210 -2.04
Nifty 500 8,137 8,293 -156 -1.89
Nifty Bank 20,525 21,100 -575 -2.72
S&P BSE Power 1,554 1,565 -11 -0.71
S&P BSE Small Cap
11,830 11,955 -125 -1.04
S&P BSE HC 16,043 16,332 -289 -1.77
Date P/E Div. Yield P/E Div. Yield
11-Jun 21.07 1.12 23.90 1.54
Month Ago 19.51 1.22 21.21 1.65
Year Ago 28.43 1.20 29.59 1.22
Nifty 50 Top 3 Gainers
Company 11-Jun Prev_Day
% Change
#
IndusInd Bank 523 500 4.71
Hero Moto 2310 2292 0.77
Power Grid 171 170 0.56
Nifty 50 Top 3 Losers Domestic News
Company 11-Jun Prev_Day
% Change
#
Bharti Infratel 211 233 -9.41
Zee Ente. 176 190 -7.30
SBI 177 188 -5.62
Advance Decline Ratio
BSE NSE
Advances 993 662
Declines 1565 1199
Unchanged 147 83
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -18363
MF Flows** 37094
*11
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 10 Jun, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
12 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
-371
7.35%
(Dec-19)
• The Indian equity markets slumped as the dismal economic outlook from
the U.S. Federal Reserve’s latest policy meeting triggered sell-off. The U.S.
central bank projected a 6.5% decline in the nation’s Gross Domestic
Product (GDP) in 2020 and a 9.3% unemployment rate at the year's end.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 2.07% and 2.12%
to close at 33,538.37 and 9,902.00 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 1.41% and 1.04% respectively.
• The overall market breadth on BSE was weak with 993 scrips advancing and
1,565 scrips declining. A total of 147 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Telecom was the major
loser, down 4.04%, followed by S&P BSE Metal and S&P BSE Bankex, down
2.85% and 2.79%, respectively. S&P BSE Finance and S&P BSE Teck lost
2.22% and 2.19% respectively.
• As per the data from the Reserve Bank of India (RBI), the central bank sold
U.S. Dollar to the tune of $1.142 billion in the first month of FY21, while in
Apr 2019 RBI was a net buyer of the greenback to the tune of $4.901
billion. In Apr 2020, the RBI purchased $2.450 billion and sold $3.592 billion
of the U.S. currency in the spot market.
• The government has requested tax officials to allow refunds of unused
input tax credits to companies in some cases bringing major relief to several
companies. The latest clarification from government indicates that
businesses that import goods, have reverse charge transactions or have
intercompany GST charges should not face any issues with their refunds
being kept back as a result of an incompliance.
• According to a report named "Mobile Manufacturing in a post-Covid-19
World" by industry body India Cellular and Electronics Association (ICEA)
and a consultancy major, India can achieve $100 billion in mobile phones
and nearly $40 billion in component exports by 2025 with a three-pronged
strategy - restart, restore and resurgence. India ranks third with a modest
$3 billion exports in 2019-20 and is now aiming number two spot.
• The Directorate-General for Foreign Trade (DGFT) has prohibited with
immediate effect the export of diagnostic kits, laboratory reagents and
diagnostic instruments falling under schedule 2 of the ITCHS (Indian Trade
Clarification based on Harmonized Coding System) export policy.
• Asian markets slipped, taking weak cues from the U.S. Federal Reserve’s
bleak economic outlook in its latest monetary policy meeting. The U.S. Fed
projected a sharp contraction in the U.S. economy this year due to the
coronavirus pandemic and warned of a long road to recovery. Today (as on
Jun 12) markets traded lower, dragged by weak cues from Wall Street.
Both Nikkei and Hang Seng are down 2.53% and 2.27%, respectively (as at 8
AM IST)
• European markets witnessed selling pressure after reports showed an
increase in new covid-19 cases and worries about a deep recession
following the U.S. Federal Reserve's recent comments on the outlook for
the U.S. economy.
• U.S. markets closed sharply lower amid concerns about a second wave of
coronavirus cases. Recent data from the covid tracking project, has led to
worries about economic reopening following a spike in infections.
Markets for You
FII Derivative Trade Statistics
11-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 6064.96 5770.55 8726.27
Index Options 315217.78 315623.24 52663.43
Stock Futures 14983.94 15133.26 81453.82
Stock Options 3598.16 3626.88 5072.30
Total 339864.84 340153.93 147915.82
11-Jun Prev_Day
Change
Put Call Ratio (OI) 1.04 1.36 -0.32
Put Call Ratio(Vol) 0.90 0.92 -0.02
11-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.59% 3.75% 3.87% 5.70%
T-Repo 3.01% 3.11% 3.15% 5.67%
Repo 4.00% 4.00% 4.40% 5.75%
Reverse Repo 3.35% 3.35% 3.75% 5.50%
91 Day T-Bill 3.35% 3.39% 3.55% 5.95%
364 Day T-Bill 3.51% 3.47% 3.67% 6.03%
10 Year Gilt 5.98% 6.01% 6.17% 7.04%
G-Sec Vol. (Rs.Cr) 31417 27486 66448 51147
FBIL MIBOR
[1]
3.91% 4.01% 4.42% 5.80%
3 Month CP Rate 4.30% 4.35% 5.35% 6.65%
5 Year Corp Bond 6.82% 6.86% 7.02% 8.07%
1 Month CD Rate 3.21% 3.18% 4.18% 5.68%
3 Month CD Rate 3.47% 3.70% 4.18% 6.31%
1 Year CD Rate 4.32% 4.08% 4.79% 7.25%
Currency 11-Jun Prev_Day
Change
USD/INR 75.79 75.47 0.32
GBP/INR 96.10 96.30 -0.20
EURO/INR 86.05 85.70 0.34
JPY/INR 0.71 0.70 0.01
Commodity 11-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
36.38 37.37 23.52 53.25
Brent Crude($/bl) 38.32 37.10 23.42 65.00
Gold( $/oz) 1727 1711 1696 1327
Gold(Rs./10 gm) 47206 46640 40989 32331
Source: Refinitiv
[1]
Data as on 10 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
12 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 9,894.55, a discount of 7.45 points below
the spot closing of 9,902.00. The turnover on NSE’s Futures and Options
segment rose to Rs. 31,64,014.52 crore on June 11, 2020, compared with
Rs. 16,69,250.90 crore on June 10, 2020.
• The Put-Call ratio stood at 0.79 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.04 compared with the previous session’s
close of 1.36.
• Open interest on Nifty Futures stood at 12.31 million, compared with the
previous session’s close of 11.81 million.
• Bond yields fell initially after a major global credit rating agency affirmed
the country’s sovereign rating and outlook. However, all the gains were
erased as market participants preferred to book profits. Absence of any
announcement from the Reserve Bank of India to manage the excess supply
of sovereign debt also weighed on the market sentiment.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) rose marginally
by 1 bps to close at 5.78% from the previous close of 5.77% after moving in
a range of 5.75% to 5.79%.
• Yield on the old 10-year benchmark paper (6.45% GS 2029) inched up by 1
bps to close at 5.99% from the previous close of 5.98% after trading in a
range of 5.95% to 5.99%.
• Banks did not borrow under the central bank’s Marginal Standing Facility on
Jun 10, 2020 compared to that of Jun 9, 2020 when banks borrowed none.
• The Indian rupee weakened against the U.S. dollar after the U.S. Federal
Reserve’s weak growth forecast, prompted risk aversion in the region.
• Euro weakened against the greenback as the investor risk sentiment
dampened on concerns over global growth amid fears over a second wave
of coronavirus infections. The euro closed at $1.1297, down 0.63%
compared with the previous close of $1.1369.
• Gold prices fell on profit booking.
• Brent crude prices fell on concerns over global growth amid fears over a
second wave of coronavirus infections. Losses were extended after the U.S.
Federal Reserve projected the U.S. economy to contract 6.5% in 2020.
• The U.S. Federal Reserve (U.S. Fed) kept its widely expected decision to
maintain the target range for the federal funds rate at zero to 0.25%. U.S.
Fed indicated that interest rates are likely to remain at current near-zero
levels through 2022. The central bank expects the U.S. economy to rebound
in 2021 following a sharp contraction this year due to the Covid-19
pandemic.
• The index for business conditions in Japan among large companies fell to -
47.6 in the Jun quarter of 2020 from -10.1 in prior quarter.
• The Labor Department showed initial jobless claims in the U.S. fell 355,000
to 1.542 million from the previous week's revised level of 1.897 million
(1.877 million originally reported). Jobless claims declined for the tenth
straight week.
Markets for You
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