Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 Jun 2020
Markets for You
Global Indices
Global Indices 23-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,557 1,546 10 0.67
Nasdaq 10,131 10,056 75 0.74
FTSE 6,320 6,245 76 1.21
Nikkei 22,549 22,437 112 0.50
Hang Seng 24,907 24,511 396 1.62
Indian Indices 23-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 35,430 34,911 519 1.49
Nifty 50 10,471 10,311 160 1.55
Nifty 100 10,661 10,494 166 1.59
Nifty 500 8,621 8,486 135 1.59
Nifty Bank 22,265 21,708 557 2.56
S&P BSE Power 1,655 1,588 67 4.24
S&P BSE Small Cap
12,668 12,444 224 1.80
S&P BSE HC 16,816 16,575 242 1.46
Date P/E Div. Yield P/E Div. Yield
23-Jun 22.92 1.00 26.05 1.45
Month Ago 18.79 1.24 20.97 1.69
Year Ago 27.96 1.22 28.99 1.24
Nifty 50 Top 3 Gainers
Company 23-Jun Prev_Day
% Change
#
L&T Ltd. 968 907 6.63
Bajaj Finance 3026 2840 6.52
IndusInd Bank 520 490 6.23
Nifty 50 Top 3 Losers Domestic News
Company 23-Jun Prev_Day
% Change
#
RIL 1721 1746 -1.45
Bharti Airtel 579 581 -0.39
Maruti 5887 5896 -0.16
Advance Decline Ratio
BSE NSE
Advances 1939 1388
Declines 777 512
Unchanged 160 65
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -18151
MF Flows** 37947
*23
rd
Jun 2020; **18
th
Jun 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-55.49%
(Apr-20)
3.20%
(Apr-19)
GDP
3.10%
(Mar-20)
5.70%
(Mar-19)
[1]
Data as on 22 Jun, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
24 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
2.20%
(Jan-20)
4.10%
(Dec-19)
Quarter Ago
Inflow/Outflow
783
431
7.35%
(Dec-19)
• Indian equity markets edged higher, led by positive global cues after U.S.
government said that the U.S.-China trade deal remains intact, thereby
clarifying earlier confusing statements from the White House over the fate
of the deal.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.49% and
1.55% to close at 35,430.43 and 10,471.00 respectively.
• The overall market breadth on BSE was strong with 1,939 scrips advancing
and 777 scrips declining. A total of 160 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Power was the major gainer, up 4.24%
followed by S&P BSE Capital Goods, up 4.06% and S&P BSE Utilities, up
3.4%. S&P BSE Energy was the only loser, down 1.05%.
• Capital market regulator Securities and Exchange Board of India (SEBI) has
relaxed rules that govern raising of funds through preferential allotment of
shares. The new rules are expected to put a check on value erosion by
bringing down the latency period.
• According to reports, the Ministry of Finance has informed that banks have
sanctioned loans which are more than Rs. 79,000 crore till Jun 20, 2020 to
1.9 million Micro, Small and Medium Enterprises (MSMEs) and other
businesses. Out of this, Rs 35,000 crore has already been disbursed by
banks.
• According to media reports, the government is considering putting a check
on pharmaceuticals imports from China. This will be bought about through
stricter scrutiny of active pharmaceutical ingredients, key starting materials
for medicines and medical equipments. The government is also considering
imposing higher duties on Chinese products. The move comes amid rising
geopolitical tensions between India and China.
• According to reports, the Indian government has started a probe regarding
the alleged dumping of aluminum foil from China, Indonesia, Malaysia and
Thailand. The move comes after domestic manufacturers raised concerns
over the same and requested anti-dumping duty to be imposed on such
imports.
• Indian Bank reported Rs 188.60 crore loss before tax for the quarter ended
Mar 2020 compared with Rs. 393.42 crore loss for the same period last
year. The Bank's net loss stood at Rs 217.7 crore in the quarter ended Mar
2020. Total revenue rose from Rs. 5,537.46 crore during the same time last
year to Rs. 6,334.36 crore during the quarter.
• Titan Europe Ltd, the foreign partner of Wheels India Ltd, a TVS Group
company, has decided to reduce its stake by selling 5% to 10% in the
company. TVS Group firm and promoter of the company, Sundaram Finance
Holding, will buy out the stake from the foreign partner.
• Asian markets closed higher after U.S. government clarified that the U.S.-
China trade deal remains intact and that its earlier comments had been
taken out of context. Today (as on Jun 24) markets traded higher tracking
overnight gains in the Wall Street. Nikkei traded up 0.29% and Hang Seng
traded flat (as at 8:00 AM IST), respectively.
• European markets too rose following reassurance from the U.S.
government on its phase one trade deal with China and encouraging batch
of economic data from the euro area.
• U.S. markets closed higher with investors taking positive cues from the
clarifying remarks of the U.S. government about the U.S.-China trade deal.
Markets for You
FII Derivative Trade Statistics
23-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 7553.14 7477.61 8674.31
Index Options 196815.77 196982.64 59460.72
Stock Futures 35248.25 36018.14 90400.82
Stock Options 6941.82 6713.50 5468.11
Total 246558.98 247191.89 164003.96
23-Jun Prev_Day
Change
Put Call Ratio (OI) 1.63 1.53 0.11
Put Call Ratio(Vol) 0.99 0.92 0.07
23-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.52% 3.58% 3.71% 5.78%
T-Repo 2.81% 2.95% 2.53% 5.66%
Repo 4.00% 4.00% 4.00% 5.75%
Reverse Repo 3.35% 3.35% 3.35% 5.50%
91 Day T-Bill 3.25% 3.29% 3.07% 5.93%
364 Day T-Bill 3.49% 3.52% 3.43% 6.03%
10 Year Gilt 6.03% 6.04% 5.96% 6.86%
G-Sec Vol. (Rs.Cr) 21271 32367 66341 68502
FBIL MIBOR
[1]
3.91% 3.93% 4.31% 5.90%
3 Month CP Rate 3.95% 4.20% 4.35% 6.95%
5 Year Corp Bond 6.69% 6.85% 6.87% 8.05%
1 Month CD Rate 3.22% 3.26% 3.63% 5.99%
3 Month CD Rate 3.34% 3.41% 3.49% 6.36%
1 Year CD Rate 4.07% 4.15% 4.31% 7.17%
Currency 23-Jun Prev_Day
Change
USD/INR 75.75 76.06 -0.31
GBP/INR 94.34 94.21 0.13
EURO/INR 85.33 85.19 0.14
JPY/INR 0.71 0.71 0.00
Commodity 23-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
40.35 38.21 33.34 57.30
Brent Crude($/bl) 44.41 40.69 33.20 67.43
Gold( $/oz) 1767 1727 1734 1399
Gold(Rs./10 gm) 47942 47374 40989 33909
Source: Refinitiv
[1]
Data as on 22 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
24 June 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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
India Asset Management Limited (NAM India) (formerly Reliance Nippon Life Asset Management Limited) has not independently verified the accuracy or authenticity of such information or data, or for that
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
information. Some of the statements & assertions contained in these materials may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The
Sponsor(s), the Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness,
adequacy and reliability of such data or information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions
given are fair and reasonable, to the extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information
should rely on information/data arising out of their own investigations. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at
an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct,
indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.
• Nifty Jun 2020 Futures stood at 10,467.70, a discount of 3.30 points below
the spot closing of 10,471.00. The turnover on NSE’s Futures and Options
segment rose to Rs. 13,82,702.23 crore on June 23, 2020, compared with
Rs. 12,66,751.36 crore on June 22, 2020.
• The Put-Call ratio stood at 0.84 compared with the previous session’s close
of 0.79.
• The Nifty Put-Call ratio stood at 1.63 compared with the previous session’s
close of 1.53.
• Open interest on Nifty Futures stood at 12.77 million, compared with the
previous session’s close of 11.83 million.
• Bond yields rose for the third consecutive day amid fresh supply. Also, lack
of any action by the Reserve Bank of India to support the market continued
to hurt investor’s sentiment.
• Yield on the 10-year benchmark paper (5.79% GS 2030) rose 2 bps to close
at 5.90% from the previous close of 5.88% after moving in a range of 5.88%
to 5.91%.
• Yield on the old 10-year benchmark paper (6.45% GS 2029) rose 2 bps to
close at 6.03% from the previous close of 6.01% after moving in a range of
6.01% to 6.03%.
• Banks did not borrow under the central bank’s Marginal Standing Facility on
Jun 22, 2020 compared with the borrowing of Rs. 310 crore on Jun 19,
2020.
• The Indian rupee in the spot trade rose against the dollar following gains in
the domestic equity market.
• The euro rose against the greenback as the investor risk sentiment
improved to some extent after the IHS Markit's Flash Composite Purchasing
Managers' Index of euro zone rose to 47.5 in Jun from 31.9 in May. Gains
were extended after U.S. officials confirmed that the U.S.-China trade deal
was intact.
• Gold prices rose to its highest level since Oct 2012 as an increase in
coronavirus infection cases dented the economic outlook which improved
the safe haven appeal of the bullion.
• Brent crude prices rose after the U.S. President assured that the trade deal
with China was fully intact.
• According to a report released the National Association of Realtors, U.S.
existing home sales fell 9.7% to an annual rate of 3.91 million in May 2020
after declining 17.8% to a rate of 4.33 million in Apr 2020.
• According to the European Automobile Manufacturers' Association,
Europe’s car sales is expected to plunge 25% in 2020 due to the major
economic crisis posed by the coronavirus pandemic. Car sales for the year is
expected at around 9.6 million units as against 12.8 million in 2019.
• According to latest survey from Jibun Bank, Japan’s manufacturing
Purchasing Managers’ Index (PMI) continued to contract and stood at 28.9 in
Jun 2020 as against 30.3 in May 2020. However, Japan's services PMI came
in at 42.3 in Jun, up from 26.5 in May.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Thank you for
your time.
