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08 May 2020
Markets for You
Global Indices
Global Indices 07-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,401 1,382 18 1.31
Nasdaq 8,980 8,854 125 1.41
FTSE 5,936 5,854 82 1.40
Nikkei 19,675 19,619 55 0.28
Hang Seng 23,981 24,137 -157 -0.65
Indian Indices 07-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,443 31,686 -242 -0.76
Nifty 50 9,199 9,271 -72 -0.78
Nifty 100 9,351 9,429 -77 -0.82
Nifty 500 7,521 7,576 -55 -0.72
Nifty Bank 19,492 19,695 -203 -1.03
S&P BSE Power 1,439 1,475 -36 -2.47
S&P BSE Small Cap
10,687 10,701 -15 -0.14
S&P BSE HC 15,061 15,160 -99 -0.65
Date P/E Div. Yield P/E Div. Yield
7-May 19.49 1.22 21.18 1.65
Month Ago 18.44 1.43 19.81 1.73
Year Ago 28.16 1.21 28.73 1.14
Nifty 50 Top 3 Gainers
Company 07-May Prev_Day
% Change
#
Bharti Infratel 173 161 7.40
IndusInd Bank 454 426 6.78
Adani Ports & SEZ 282 270 4.53
Nifty 50 Top 3 Losers Domestic News
Company 07-May Prev_Day
% Change
#
ONGC 76 79 -4.61
NTPC 90 95 -4.49
BPCL 330 344 -4.14
Advance Decline Ratio
BSE NSE
Advances 1026 794
Declines 1290 995
Unchanged 171 126
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -53399
MF Flows** 30740
*6
th
May 2020; **5
th
May 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 06 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 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
-1300
-324
7.35%
(Dec-19)
• Indian equity markets slipped to red territory amid rising cases of COVID-19
in India. According to the health ministry, the number of Covid-19 cases
reached nearly 53,000 with rising deaths rates. Global cues also played
spoilsport after Bank of England stated that Britain could be headed for its
biggest economic slump in over 300 years due to the coronavirus lockdown.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.76% and 0.78%
to close at 31,443.38 and 9,199.05 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.53% and 0.14% respectively.
• The overall market breadth on BSE was weak with 1,026 scrips advancing
and 1,290 scrips declining. A total of 171 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the only gainer, up 1.82%.
S&P BSE Power was the major loser, down 2.47% followed by S&P BSE
Utilities, down 2.27% and S&P BSE Consumer Durables, down 2.24%.
• According to the Secretary in the Ministry of Road Transport and Highways,
the government is working on a comprehensive financial package not only
for the Micro, Small and Medium Enterprises but for all the sectors of the
economy. The announcement comes as the demand of a stimulus package
has been growing from various quarters as the COVID-19 pandemic led to a
significant disruption in business activity.
• According to the Union Minister for Road Transport & Highways, the
government plans to implement Rs. 15 trillion worth of national highway
projects in the next two years. The minister further added that the vehicle
scrapping policy will be announced soon and added that the policy will help
reduce cost and speed up the adoption of electric vehicles.
• The Central Board of Direct taxes (CBDT) has amended a rule for settling
tax disputes expeditiously under mutual agreement procedure (MAP). MAP
is a dispute resolution process under tax treaties. Subsequently, CBDT has
also revised form 34F which is used for making application for invoking
MAP.
• According to media reports, the central government is planning to merge
Coal Mines Provident Fund Organisation (CMPFO) with the Employees’
Provident Fund Organisation (EPFO). The move comes on growing
possibility of a large asset-liability mismatch in the CMPFO’s pension fund.
• GlaxoSmithKline announced that it has sold its stake in Hindustan Unilever's
Indian business for $3.35 billion, which is the largest block trade ever to
have been carried out in India as per media reports. The 133.77 million
shares were offloaded on average for Rs. 1,905.
• HCL Technologies reported a 22.8% YoY rise in consolidated net profit at
Rs. 3,154 crore in the quarter ended compared with Rs. 2,568 crore in the
same quarter last year. Revenue for the quarter rose 16.3% YoY to Rs.
18,590 crore from. Rs 15,990 crore reported in the year-ago quarter.
• Asian markets largely remained weak with private survey results showing
China’s service sector slumped in Apr. However, the downturn was
restricted by data showing unexpected rise in Chinese exports during the
same period. Today (as on May 8), Asian markets rose following rise on Wall
Street overnight. Both Nikkei and Hang Seng market traded up 2.05% and
0.89%, respectively (as at 8.a.m. IST).
• European markets rose after China showed a surprising rise in its exports in
Apr 2020. Continued optimism about reopening of businesses in several
parts across the globe, further boosted the market. However, worries
about the spread of the covid-19 pandemic and its terrible impact to
economies continued to weigh on sentiment.
• U.S. markets gained on continued optimism that the U.S. economy can at
least partially reopen in the near future. Market received further boost on
reports that a coronavirus vaccine being developed by a U.S. biotechnology
company has been given FDA approval for a phase 2 trial.
Markets for You
FII Derivative Trade Statistics 07-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 8702.24 8191.27 6325.81
Index Options 279436.29 278987.11 32208.36
Stock Futures 15421.33 15185.39 73396.58
Stock Options 2473.22 2477.19 1890.85
Total 306033.08 304840.96 113821.60
07-May Prev_Day
Change
Put Call Ratio (OI) 1.15 1.30 -0.15
Put Call Ratio(Vol) 0.94 0.89 0.05
07-May Wk. Ago Mth. Ago
Year Ago
Call Rate
[1]
3.88% 4.19% 4.20% 5.94%
T-Repo
[1]
3.34% 3.75% 2.69% 5.81%
Repo 4.40% 4.40% 4.40% 6.00%
Reverse Repo 3.75% 3.75% 4.00% 5.75%
91 Day T-Bill
[1]
3.51% 3.62% 4.10% 6.42%
364 Day T-Bill
[1]
3.57% 3.67% 4.49% 6.52%
10 Year Gilt
[1]
6.03% 6.11% 6.42% 7.38%
G-Sec Vol. (Rs.Cr)
[1]
51593 35084 9911 37555
FBIL MIBOR
[1]
4.44% 4.41% 4.50% 6.05%
3 Month CP Rate
[1]
5.55% 5.45% 6.00% 7.80%
5 Year Corp Bond 6.90% 6.90% 7.34% 8.50%
1 Month CD Rate
[1]
3.83% 4.14% 4.16% 6.88%
3 Month CD Rate
[1]
4.15% 4.60% 4.39% 7.22%
1 Year CD Rate
[1]
4.65% 4.79% 5.13% 7.44%
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 07-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
23.18 18.73 23.49 61.36
Brent Crude($/bl) 21.96 14.82 19.80 70.87
Gold( $/oz) 1718 1680 1648 1284
Gold(Rs./10 gm) 40989 40989 40989 31496
Source: Refinitiv
[1]
Data as on 06 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
08 May 2020
Derivative Statistics- Nifty Options
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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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• Nifty May 2020 Futures stood at 9,204.25, a premium of 5.20 points above
the spot closing of 9,199.05. The turnover on NSE’s Futures and Options
segment rose to Rs. 22,79,856.76 crore on May 07, 2020, compared with Rs.
14,76,310.45 crore on May 06, 2020.
• The Put-Call ratio stood at 0.77 compared with the previous session’s close
of 0.85.
• The Nifty Put-Call ratio stood at 1.15 compared with the previous session’s
close of 1.3.
• Open interest on Nifty Futures stood at 8.6 million, compared with the
previous session’s close of 8.46 million.
• The domestic fixed income market remained closed on account of Buddha
Pournima.
• The domestic currency market remained closed on account of Buddha
Pournima.
• The euro weakened against the greenback as the safe haven appeal of the
U.S. dollar strengthened after initial jobless claims in U.S. in the week ended
May 2 came higher than market expectations.
• Gold prices rose after labour productivity in U.S. slumped 2.5% in the first
quarter of 2020.
• Brent crude prices surged after Saudi Arabia raised its official oil selling
prices.
• According to the Labor Department, labor productivity in the U.S. fell 2.5%
in Mar quarter of quarter 2020 compared with a 1.2% rise in the Dec quarter
of 2019. Unit labor costs rose 4.8% Mar quarter of quarter 2020 higher than
0.9% in the fourth quarter of 2019.
• The Bank of England maintained its Bank Rate at 0.1%, which is at a record
low and refrained from unveiling additional quantitative easing but
Governor kept the door open for further easing.
• China's exports (dollar terms) surprisingly grew 3.5% YoY in Apr 2020 better
than market forecast. In Mar 2020, exports declined 6.6%. Imports plunged
14.2% YoY, worse than 0.9% fall in Mar 2020. Trade balance showed a
surplus of $45.34 billion in Apr 2020 much better than $19.9 billion in Mar
2020.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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