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07 May 2020
Markets for You
Global Indices
Global Indices 06-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,382 1,381 1 0.11
Nasdaq 8,854 8,809 45 0.51
FTSE 5,854 5,849 4 0.07
Nikkei
[2]
19,619 20,194 -574 -2.84
Hang Seng 24,137 23,869 269 1.13
Indian Indices 06-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,686 31,454 232 0.74
Nifty 50 9,271 9,206 65 0.71
Nifty 100 9,429 9,359 70 0.74
Nifty 500 7,576 7,523 52 0.70
Nifty Bank 19,695 19,272 423 2.19
S&P BSE Power 1,475 1,465 10 0.69
S&P BSE Small Cap
10,701 10,650 52 0.49
S&P BSE HC 15,160 15,120 40 0.26
Date P/E Div. Yield P/E Div. Yield
6-May 19.61 1.21 21.34 1.64
Month Ago 16.79 1.57 18.22 1.88
Year Ago 28.38 1.21 28.95 1.13
Nifty 50 Top 3 Gainers
Company 06-May Prev_Day
% Change
#
Bajaj Finance 2106 2002 5.19
M&M 387 368 5.16
GAIL 95 91 3.95
Nifty 50 Top 3 Losers Domestic News
Company 06-May Prev_Day
% Change
#
ITC 164 174 -5.75
Bharti Infratel 161 171 -5.69
Coal India 134 138 -3.08
Advance Decline Ratio
BSE NSE
Advances 1056 821
Declines 1268 981
Unchanged 144 123
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -53399
MF Flows** 34458
*6
th
May 2020; **29
th
Apr 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.91%
(Mar-20)
2.86%
(Mar-19)
IIP
4.50%
(Feb-20)
0.20%
(Feb-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 05 May 2020;
[2]
Data as on 01 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
07 May 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
2.10%
(Nov-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
-413
-324
7.35%
(Dec-19)
• Indian equity markets closed in the green as investors resorted to value
buying in recent beaten down stocks. Meanwhile, investor continued to
monitor the developments on the COVID-19 treatment.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.74% and
0.71% to close at 31,685.75 and 9,270.90 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 0.78% and 0.49% respectively.
• The overall market breadth on BSE was weak with 1,056 scrips advancing
and 1,268 scrips declining. A total of 144 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Finance was the major gainer, up 2.46%
followed by S&P BSE Telecom, up 2.3% and S&P BSE Bankex, up 1.99%. S&P
BSE FMCG was the major loser, down 1.98% followed by S&P BSE Consumer
Durables, down 0.5% and S&P BSE IT, down 0.46%.
• Data from a private survey showed that India's services sector collapsed in
Apr 2020 which can be attributed to the nationwide lockdown imposed by
the government to combat the COVID-19 pandemic. The IHS Markit India
Services Business Activity Index plummeted to 5.4 in Apr 2020 from 49.3 in
Mar 2020 on the back of a sharp drop in new orders during the month
under review. This marks an unprecedented fall since the survey began 14
years ago. The IHS Markit India Composite Purchasing Managers' Index
(PMI) which takes into account both the manufacturing output and the
services output also plunged to a new record low of 7.2 in Apr 2020 from
50.6 in Mar 2020.
• The Central government raised the excise duty on petrol by Rs. 10 per litre
and on diesel by Rs. 13 per litre. The move comes after several state
government increased the value added tax (VAT) on petrol and diesel to
take benefit of the lower price regime. The government aims to gain close
to around Rs. 1.6 lakh crore from the record excise duty hike.
• According to media reports, the government aims to garner around Rs.
22,000 crore by selling its entire stake in one of the leading private sector
banks and in a prominent conglomerate that deals in FMCG, hospitality and
cigarettes.
• According to the ministry of finance, the government has provided financial
assistance to the tune of Rs. 34,800 crore to about 39 crore beneficiaries
under the Pradhan Mantri Garib Kalyan Package (PMGKP) using the digital
payment infrastructure.
• VestaSpace Technology, an Indian space technology startup, has secured
$10 million in funding from Next Capital LLC, an American investment and
consulting company specializing in the development of small satellite
platforms for commercial and scientific use. The money will allow
VestaSpace Technology to extend the scope of its innovative solutions
throughout India and around the world.
• Royal Enfield announced that it has resumed operations at its
manufacturing facility at Oragadam, near Chennai, on May 6. The company
also said that 120 dealers have opened shop and more 300 are expected to
start in May.
• Asian markets largely closed in the green with different countries
announcing plans to ease lockdown measures amid falling coronavirus
infection rates. Investors also took positive cues after Australia’s retail sales
in Mar came in better than expected. Today (as on May 7), Asian markets
fell ahead of the release of a private survey of China’s services activity in
Apr 2020. Both Nikkei and Hang Seng traded down 0.11% and 0.65%,
respectively (as at 8.a.m. IST).
• European markets mostly fell as market participants were cautious on
concerns about the possible impact of any new wave of Covid-19 infection
following easing of lockdown restrictions in several places across the world.
Weak euro area economic data increased losses.
• U.S. markets closed on a mixed note as market participants weighed
optimism about some states reopening against some miserable private
employment data.
Markets for You
FII Derivative Trade Statistics
06-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 6126.27 5946.84 6428.35
Index Options 176366.40 176947.59 29997.85
Stock Futures 13113.42 13288.83 71502.92
Stock Options 2789.76 2771.87 1659.27
Total 198395.85 198955.13 109588.39
06-May Prev_Day
Change
Put Call Ratio (OI) 1.30 1.23 0.07
Put Call Ratio(Vol) 0.89 0.97 -0.08
06-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.88% 4.08% 4.25% 5.94%
T-Repo 3.34% 3.30% 2.37% 5.77%
Repo 4.40% 4.40% 4.40% 6.00%
Reverse Repo 3.75% 3.75% 4.00% 5.75%
91 Day T-Bill 3.51% 3.62% 4.10% 6.42%
364 Day T-Bill 3.57% 3.67% 4.49% 6.52%
10 Year Gilt 6.03% 6.12% 6.31% 7.39%
G-Sec Vol. (Rs.Cr) 51593 33432 19983 25485
FBIL MIBOR
[1]
4.49% 4.44% 4.61% 6.09%
3 Month CP Rate 5.55% 5.35% 6.00% 7.95%
5 Year Corp Bond 6.89% 6.90% 7.26% 8.52%
1 Month CD Rate 3.83% 5.01% 4.14% 6.93%
3 Month CD Rate 4.15% 4.40% 4.39% 7.21%
1 Year CD Rate 4.65% 4.70% 5.13% 7.60%
Currency 06-May Prev_Day
Change
USD/INR 75.69 75.57 0.12
GBP/INR 94.10 94.22 -0.12
EURO/INR 81.98 82.46 -0.49
JPY/INR 0.71 0.71 0.00
Commodity 06-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
23.38 14.54 26.16 62.25
Brent Crude($/bl) 20.10 14.12 17.93 72.09
Gold( $/oz) 1686 1711 1662 1280
Gold(Rs./10 gm) 40989 40989 40989 31490
Source: Refinitiv
[1]
Data as on 05 May 2020;
[2]
Data as on 01 May 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
07 May 2020
Derivative Statistics- Nifty Options
Disclaimer:
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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 May 2020 Futures stood at 9,280.70, a premium of 9.80 points above
the spot closing of 9,270.90. The turnover on NSE’s Futures and Options
segment rose to Rs. 14,76,310.45 crore on May 06, 2020, compared with Rs.
10,08,239.80 crore on May 05, 2020.
• The Put-Call ratio stood at 0.85 compared with the previous session’s close
of 0.94.
• The Nifty Put-Call ratio stood at 1.3 compared with the previous session’s
close of 1.23.
• Open interest on Nifty Futures stood at 8.46 million, compared with the
previous session’s close of 8.9 million.
• Bond yields declined as a hike in special additional excise duty on petrol and
diesel by Rs. 2 and 5 per litre, respectively eased concerns on rise in fiscal
deficit. Meanwhile, sentiment remained positive ahead of the auction of a
new 10-year bond on Friday.
• Yield on the 10-year benchmark paper (6.45% GS 2029) fell 4 bps to close at
its lowest level in 11 years at 6.03% from the previous closing of 6.07% after
moving in a range of 6.02% to 6.05%.
• Godrej Industries Ltd. plans to raise funds selling commercial papers
maturing in 3 months at an annual coupon of 4.93%. It has received
commitments worth around Rs. 75 crore. The notes are rated A1+ by ICRA.
• The Indian rupee in spot trade weakened against the greenback on concerns
of an escalation in trade tensions between U.S. and China.
• The euro weakened against the greenback as the investor risk sentiment
dampened following a slew of downbeat global economic data. Worries
about the European Central Bank’s bond buying program also weighed on
the market sentiment.
• Gold prices fell following a gradual improvement in risk appetite as
countries across the globe begun to ease COVID-19 induced lockdowns.
• Brent crude prices fell as concerns over oversupply weighed on the market
sentiment.
• As per the report released by payroll processor ADP, U.S. private sector
employment plummeted by 20.236 million jobs in Apr 2020 after falling by a
revised 149,000 jobs (loss of 27,000 jobs originally reported) in May 2020.
• Germany's factory orders plunged 15.6% MoM in Mar 2020, worse than
1.2% fall recorded in Feb 2020. Orders declined the most since the records
began in 1991. Both domestic orders and foreign orders fell 14.8% and
16.1% from the previous month.
• A report released by the Institute for Supply Management (ISM) showed U.S.
non-manufacturing (services) index plunged to 41.8 in Apr 2020 from 52.5 in
Mar 2020. Service sector activity contracted for the first time since Dec of
2009.
Markets for You
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