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25 Jun 2020
Markets for You
Global Indices
Global Indices 24-Jun Prev_Day Abs. Change
% Change
#
Russell 3000 1,519 1,557 -38 -2.45
Nasdaq 9,909 10,131 -222 -2.19
FTSE 6,124 6,320 -196 -3.11
Nikkei 22,534 22,549 -15 -0.07
Hang Seng 24,782 24,907 -126 -0.50
Indian Indices 24-Jun Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 34,869 35,430 -561 -1.58
Nifty 50 10,305 10,471 -166 -1.58
Nifty 100 10,500 10,661 -161 -1.51
Nifty 500 8,496 8,621 -125 -1.45
Nifty Bank 21,427 22,265 -838 -3.76
S&P BSE Power 1,613 1,655 -42 -2.53
S&P BSE Small Cap
12,511 12,668 -157 -1.24
S&P BSE HC 16,421 16,816 -396 -2.35
Date P/E Div. Yield P/E Div. Yield
24-Jun 22.41 1.03 25.63 1.48
Month Ago 18.79 1.24 20.97 1.69
Year Ago 28.22 1.20 28.93 1.25
Nifty 50 Top 3 Gainers
Company 24-Jun Prev_Day
% Change
#
Asian Paints 1747 1684 3.76
ITC 192 186 3.23
Hero Moto 2494 2419 3.10
Nifty 50 Top 3 Losers Domestic News
Company 24-Jun Prev_Day
% Change
#
ICICI Bank 348 376 -7.46
IndusInd Bank 482 520 -7.44
Power Grid 179 187 -4.77
Advance Decline Ratio
BSE NSE
Advances 1222 775
Declines 1511 1121
Unchanged 130 73
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -18021
MF Flows** 37947
*24
th
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 23 Jun, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 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
130
7.35%
(Dec-19)
• Indian equity markets slipped ahead of the expiry of futures and options
contracts (F&O) for June series, scheduled on Jun 25. Investors turned
cautious following a surge in the number of coronavirus cases globally.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.58% and 1.58%
to close at 34,868.98 and 10,305.30 respectively.
• The overall market breadth on BSE was weak with 1,222 scrips advancing
and 1,511 scrips declining. A total of 130 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE FMCG was the only gainer, up 0.28%.
S&P BSE Bankex was the major loser, down 4.08% followed by S&P BSE
Telecom, down 3.12% and S&P BSE Finance, down 2.91%.
• The government gave its approval for setting up an infrastructure fund
worth Rs. 15,000 crore in order to provide interest subvention of up to 3%
to private players for setting up dairy, poultry and meat processing units.
The objective of the move is to increase milk production in the country,
create employment and boost exports of the country.
• According to information and broadcasting minister, the government has
decided to provide 2% interest subvention to borrowers under the 'Shishu'
category of the flagship Pradhan Mantri MUDRA Yojana. Under the 'Shishu'
category, the government provides collateral free loans of up to Rs. 50,000
crore to beneficiaries.
• According to reports, India’s merchandise trade deficit with China in FY20
slipped to $48.66 billion, similar to the level that was seen in FY15. Trade
deficit declined due to weak import demand. However, there are concerns
that China may re-rout its exports through Hong Kong to India in order to
bypass the trade restrictive measures imposed by the Indian government.
• According to reports, the Indian government is considering imposing a basic
customs duty of around 20% on solar energy equipment. The objective of
the move is to safeguard the interest of domestic manufacturers and put a
check on imports from China.
• India Cements Ltd reported a consolidated net loss of Rs. 11.76 crore for
the quarter ended Mar 2020 as against net profit of Rs. 32.57 crore during
quarter ended Mar 2019. The revenue from operations fell 26.62% to Rs.
1,176.40 crore in the quarter ended mar 2020 as against Rs. 1,603.36 crore
in the year-ago period.
• Indian Oil Corporation reported a loss of Rs. 17,318 crore for the quarter
ending Mar 2020 as against Rs. 9,020 crore profit before tax in the same
quarter in FY19. The losses came due to inventory losses and low fuel
demand amid global Covid-19 induced slowdown.
• Asian markets largely remained weak following reports of a surge in the
number of coronavirus cases in the U.S. and elsewhere across the world.
Meanwhile, hopes of stimulus measures helped offset concerns to some
extent. Today (as on Jun 25) markets traded lower amid worries over spike
in covid-19 cases globally. While Nikkei is down 0.64%, Hang Seng is closed
due to public holiday (as at 8 AM IST).
• European markets fell on worries over rising covid-19 cases worldwide
coupled with growth concerns after the International Monetary Fund
lowered its forecast for the global economy.
• U.S. markets slumped as renewed concerns over coronavirus infection
resurfaced after Florida and California reported their single biggest daily
increases in new cases of covid-19.
Markets for You
FII Derivative Trade Statistics
24-Jun
(Rs Cr) Buy
Sell Open Int.
Index Futures 6395.78 6510.48 9608.50
Index Options 219220.19 219539.91 61817.16
Stock Futures 43940.84 43824.37 90694.18
Stock Options 4823.36 4622.08 4938.81
Total 274380.17 274496.84 167058.65
24-Jun Prev_Day
Change
Put Call Ratio (OI) 1.29 1.63 -0.34
Put Call Ratio(Vol) 0.99 0.99 -0.01
24-Jun Wk. Ago Mth. Ago
Year Ago
Call Rate 3.54% 3.55% 3.71% 5.77%
T-Repo 2.00% 2.90% 2.53% 5.52%
Repo 4.00% 4.00% 4.00% 5.75%
Reverse Repo 3.35% 3.35% 3.35% 5.50%
91 Day T-Bill 3.16% 3.25% 3.07% 5.85%
364 Day T-Bill 3.50% 3.55% 3.43% 6.06%
10 Year Gilt 6.02% 6.01% 5.96% 6.85%
G-Sec Vol. (Rs.Cr) 29881 21423 66341 80775
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% 6.78% 6.87% 8.04%
1 Month CD Rate 3.04% 3.24% 3.63% 6.06%
3 Month CD Rate 3.26% 3.37% 3.49% 6.31%
1 Year CD Rate 4.11% 4.18% 4.31% 7.16%
Currency 24-Jun Prev_Day
Change
USD/INR 75.71 75.75 -0.05
GBP/INR 94.72 94.34 0.38
EURO/INR 85.70 85.33 0.37
JPY/INR 0.71 0.71 0.00
Commodity 24-Jun Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
37.81 37.86 33.34 57.68
Brent Crude($/bl) 41.50 41.02 33.20 66.60
Gold( $/oz) 1761 1726 1734 1419
Gold(Rs./10 gm) 48389 47202 40989 34041
Source: Refinitiv
[1]
Data as on 23 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
25 June 2020
Derivative Statistics- Nifty Options
Disclaimer:
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• Nifty Jun 2020 Futures stood at 10,295.65, a discount of 9.65 points below
the spot closing of 10,305.30. The turnover on NSE’s Futures and Options
segment rose to Rs. 22,55,548.25 crore on June 24, 2020, compared with
Rs. 13,82,702.23 crore on June 23, 2020.
• The Put-Call ratio stood at 0.93 compared with the previous session’s close
of 0.84.
• The Nifty Put-Call ratio stood at 1.29 compared with the previous session’s
close of 1.63.
• Open interest on Nifty Futures stood at 13.43 million, compared with the
previous session’s close of 12.77 million.
• Bond yields continued to rise for the fourth consecutive day amid lack of any
action by the Reserve Bank of India to support the market.
• Yield on the 10-year benchmark paper (5.79% GS 2030) rose 2 bps to close
at 5.92%, highest since issuance on May 8, from the previous close of 5.90%
after moving in a range of 5.88% to 5.92%.
• Yield on the old 10-year benchmark paper (6.45% GS 2029) rose 2 bps to
close at 6.04% from the previous close of 6.03% after moving in a range of
6.00% to 6.04%.
• Banks did not borrow under the central bank’s Marginal Standing Facility on
Jun 23, 2020 and Jun 22, 2020.
• The Indian rupee in the spot trade inched down against the greenback
following losses in the domestic equity market amid concerns over the
increase in coronavirus infection cases in India and in U.S. which led to
worries of a second wave of the COVID-19 pandemic.
• The euro weakened against the greenback as the investor risk sentiment
dampened due to an increase in coronavirus infection cases in U.S.
• Gold prices fell as market participants preferred to sell the precious metal
and go towards cash amid concerns over increase in coronavirus infection
cases in U.S.
• Brent crude prices fell amid worries about a second wave of the coronavirus
pandemic.
• The World Trade Organisation said Global trade volumes contracted around
18.5% YoY in the three months to Jun 2020. The fall was seen when the
coronavirus pandemic and the subsequent lockdown restrictions were at
their peak in most countries. In the Mar quarter of 2020, the merchandise
trade volume decreased 3%.
• According to a report released by the Commerce Department, New home
sales in the U.S. surged by 16.6% to an annual rate of 676,000 in May 2020
from a significantly downwardly revised rate of 580,000 (623,000 originally
reported) in Apr 2020.
• According to the ifo Institute, Germany’s business climate index rose to a
four-month high of 86.2 in Jun 2020 points from 79.7 points in May 2020,
revised from 79.5.
Markets for You
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