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02 Mar 2020
Markets for You
Global Indices
Global Indices 28-Feb Prev_Day Abs. Change
% Change
#
Russell 3000 1,353 1,356 -3 -0.25
Nasdaq 8,567 8,566 1 0.01
FTSE 6,581 6,796 -216 -3.18
Nikkei 21,143 21,948 -805 -3.67
Hang Seng 26,130 26,779 -649 -2.42
Indian Indices 28-Feb Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,297 39,746 -1,448 -3.64
Nifty 50 11,202 11,633 -432 -3.71
Nifty 100 11,316 11,747 -431 -3.67
Nifty 500 9,236 9,579 -343 -3.58
Nifty Bank 29,147 30,187 -1,040 -3.44
S&P BSE Power 1,717 1,771 -54 -3.04
S&P BSE Small Cap 13,709 14,209 -500 -3.52
S&P BSE HC 13,480 13,937 -457 -3.28
Date P/E Div. Yield P/E Div. Yield
28-Feb 23.21 1.15 25.49 1.36
Month Ago 25.17 1.04 26.65 1.26
Year Ago 26.23 1.20 26.32 1.25
Nifty 50 Top 3 Gainers
Company 28-Feb Prev_Day
% Change
#
AGC Networks Limited
[1]
441 420 5.00
Indian Oil 106 106 0.09
Nifty 50 Top 3 Losers Domestic News
Company 28-Feb Prev_Day
% Change
#
Vedanta Limited 114 131 -12.68
Tata Motors 129 145 -11.22
Tech Mahindra 744 809 -8.00
Advance Decline Ratio
BSE NSE
Advances 405 233
Declines 2073 1654
Unchanged 142 93
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 13942
MF Flows** 6123
*28
th
Feb 2020; **27
th
Feb 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.59%
(Jan-20)
1.97%
(Jan-19)
IIP
-0.30%
(Dec-19)
2.50%
(Dec-18)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 27 Feb 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
02 March 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
-4.60%
(Sep-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
-14
-3065
4.62%
(Oct-19)
• Indian equity markets’ slide continued the last day of the week on virus
outbreak concerns. The infection has spread in the U.S. as well and overnight
Wall Street saw one of its worse declines. Investors feared the coronavirus
outbreak could turn into a pandemic and derail economic growth. Major
global markets are staring at the worst weekly decline since 2008.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 3.64% and 3.71% to
close at 38,297.29 and 11,201.75, respectively. S&P BSE MidCap and S&P BSE
SmallCap lost 3.13% and 3.52% respectively.
• The overall market breadth on BSE was weak with 405 scrips advancing and
2,073 scrips declining. A total of 142 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Metal was the major
loser, down 7.01%, followed by S&P BSE IT and S&P BSE Teck, down 5.61%
and 5.07%, respectively. S&P BSE Basic Materials and S&P BSE Industrials lost
4.6% and 3.8% respectively.
• Government data showed Gross Domestic Product (GDP) grew 4.7% in the
Dec 2019 quarter of FY20, down from the revised 5.1% (4.5% originally
reported) in the previous quarter and 5.6% in the same period of the
previous year. The GDP growth rate for the first quarter of FY20 was revised
to 5.6% from 5% originally reported. On the sectoral front, the gross value
added growth in the manufacturing sector came in at 0.9% in the third
quarter of this fiscal from 5.7% in the same period of the previous year. The
gross value added growth in the agriculture sector came in at 3.7% from
2.4% in the corresponding period of the previous year. The National
Statistical Office has pegged economic growth at 5% in FY20 in its second
advance estimates, the same as its estimates last month.
• Government data showed that India’s fiscal deficit for the period from Apr
2019 to Jan 2020 stood at Rs. 9.85 lakh crore or 128.5% of the budget
estimate compared with 121.5% of the budget estimate in the
corresponding period of the previous year. The revenue deficit in the same
period stood at Rs. 7.50 lakh crore or 150.0% of the budget estimate
compared with 143.4% of the budget estimate in the corresponding period
of the previous year. Total expenditure for the period from Apr 2019 to Jan
2020 stood at Rs. 22.68 lakh crore or 84.1% of the budget estimate
compared with 81.5% of the budget estimate in the corresponding period of
the previous year.
• Government data showed that the growth in the index of eight core
industries grew 2.2% in Jan 2020 against a growth of 2.1% in Dec 2019, and
1.5% in the same period of the previous year. Crude oil growth fell 6.0%
followed natural gas and coal that went down 4.3% and 2.4%, respectively.
The steel sector witnessed the maximum growth of 5.3% followed by
fertilisers and cement, which grew 4.2% and 1.1%, respectively.
•
Asian equity markets fell as pandemic fears intensified with the unabated
spread of the virus around the globe. South Korea confirmed 256 new
coronavirus cases, Germany reportedly quarantined about 1,000 people, and
in the U.S., California Governor said 33 people tested positive. Today (as of
Mar 02), Asian markets opened lower on China’s weak manufacturing data
for Feb 2020. Nikkei and Hangseng were trading down 0.44% and
0.20%, respectively (as at 8.a.m. IST).
• European markets plunged as first cases were reported in Azerbaijan,
Belarus, Lithuania, Mexico, New Zealand and Nigeria, Africa’s most populous
country.
• U.S. markets fell yet again as worries over the spread of the coronavirus and
its impact on the economy continued to pummel investor sentiment.
Markets for You
FII Derivative Trade Statistics 28-Feb
(Rs Cr) Buy
Sell Open Int.
Index Futures 7145.00 9351.98 15557.84
Index Options 459370.93 452489.31 41560.05
Stock Futures 26111.24 25384.92 85721.40
Stock Options 1815.54 1719.14 1063.90
Total 494442.71 488945.35 143903.19
28-Feb Prev_Day
Change
Put Call Ratio (OI) 1.10 1.03 0.08
Put Call Ratio(Vol) 0.84 0.90 -0.05
28-Feb Wk. Ago Mth. Ago
Year Ago
Call Rate 5.01% 5.04% 4.94% 6.19%
T-Repo 4.83% 5.01% 4.97% 6.21%
Repo 5.15% 5.15% 5.15% 6.25%
Reverse Repo 4.90% 4.90% 4.90% 6.00%
91 Day T-Bill 5.04% 5.00% 5.08% 6.39%
364 Day T-Bill 5.19% 5.17% 5.21% 6.55%
10 Year Gilt 6.37% 6.42% 6.58% 7.41%
G-Sec Vol. (Rs.Cr) 46426 33225 27224 28598
FBIL MIBOR 5.09% 5.17% 5.15% 6.35%
3 Month CP Rate 6.00% 5.70% 5.75% 7.80%
5 Year Corp Bond 6.81% 6.91% 7.34% 8.33%
1 Month CD Rate 5.35% 5.09% 5.15% 7.19%
3 Month CD Rate 5.64% 5.49% 5.75% 7.40%
1 Year CD Rate 6.17% 5.81% 5.90% 7.95%
Currency 28-Feb Prev_Day
Change
USD/INR 72.19 71.61 0.58
GBP/INR 93.01 92.63 0.38
EURO/INR 79.44 78.17 1.27
JPY/INR 0.66 0.65 0.01
Commodity 28-Feb Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
44.78 53.31 53.30 57.16
Brent Crude($/bl) 52.30 59.54 59.81 64.47
Gold( $/oz) 1585 1643 1566 1313
Gold(Rs./10 gm) 42352 41590 40456 33250
Source: Refinitiv
[1]
Data as on 27 Feb 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
02 March 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
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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.
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• Nifty Mar 2020 Futures stood at 11,149.15, a discount of 52.60 points below
the spot closing of 11,201.75. The turnover on NSE’s Futures and Options
segment fell to Rs. 10,04,044.60 crore on February 28, 2020, compared with
Rs. 34,32,312.68 crore on February 27, 2020.
• The Put-Call ratio stood at 0.82 compared with the previous session’s close of
0.75.
• The Nifty Put-Call ratio stood at 1.1 compared with the previous session’s
close of 1.03.
• Open interest on Nifty Futures stood at 16.76 million, compared with the
previous session’s close of 19.59 million.
• Bond yields eased amid fall in U.S. Treasury yields, decline in crude oil prices
with the rapid spread of coronavirus and the RBI’s program to provide
additional liquidity via long term repos.
• Yield on the new 10-year benchmark paper (6.45% GS 2029) dropped 1 bps to
close at 6.37% compared with the previous close at 6.38% after trading in the
range of 6.35% to 6.40%.
• Data from RBI showed that credit growth to agriculture & allied activities
decelerated to 6.5% in Jan 2020 from 7.6 per cent in Jan 2019. Credit growth
to industry decelerated to 2.5% in Jan 2020 from 5.2% in Jan 2019. Credit
growth to the services sector decelerated to 8.9% in Jan 2020 from 23.9% in
Jan 2019.
• Banks borrowed Rs. 4,534 crore under the central bank’s Marginal Standing
Facility on Feb 27, 2020 compared with borrowings of Rs. 3,080 crore on Feb
26, 2020.
• The Indian rupee in spot trade plunged against the greenback following
losses in the domestic equity market.
• The euro rose against the greenback as the latter remained under pressure
on growing possibility that the U.S. Federal Reserve would ease its monetary
policy to counter the effect of spreading coronavirus infections across the
globe. The euro closed at 1.0961, down 0.34% compared to the previous
day’s close of 1.0998.
• Gold prices plunged as market participants preferred to book profits from
the recent bullion rally.
• Brent crude prices plummeted to its lowest level in more than a year amid
concerns over the spread of the coronavirus beyond China and across the
globe.
• A Commerce Department report showed U.S. personal income increased
0.6% in Jan 2020 after inching up 0.1% in Dec 2019.
• MNI Indicators report showed Chicago-area business activity saw only a slight
contraction in Feb 2020 as Chicago business barometer jumped to 49.0 from
42.9 in Jan 2020.
• Data from the University of Michigan showed consumer sentiment in the U.S.
for Feb 2020 improved to 101.0 from the preliminary reading of 100.9.
• Preliminary estimates from Destatis showed Germany's consumer price
inflation was unchanged in Feb 2020. The consumer price index rose 1.7%
YoY, same as in Jan 2020, which was the highest since Jul 2019.
Markets for You
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