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11 May 2020
Markets for You
Global Indices
Global Indices 08-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,420 1,401 20 1.41
Nasdaq 9,121 8,980 142 1.58
FTSE
[1]
5,936 5,854 82 1.40
Nikkei 20,179 19,675 504 2.56
Hang Seng 24,230 23,981 250 1.04
Indian Indices 08-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,643 31,443 199 0.63
Nifty 50 9,252 9,199 52 0.57
Nifty 100 9,409 9,351 57 0.61
Nifty 500 7,552 7,521 31 0.41
Nifty Bank 19,353 19,492 -139 -0.71
S&P BSE Power 1,405 1,439 -34 -2.40
S&P BSE Small Cap
10,639 10,687 -48 -0.45
S&P BSE HC 15,271 15,061 210 1.40
Date P/E Div. Yield P/E Div. Yield
8-May 19.77 1.20 23.93 1.58
Month Ago 18.04 1.45 19.72 1.74
Year Ago 27.76 1.23 28.38 1.16
Nifty 50 Top 3 Gainers
Company 08-May Prev_Day
% Change
#
HUL 2089 1992 4.89
Nestle India Limited 17803 17142 3.85
Tech Mahindra 536 516 3.84
Nifty 50 Top 3 Losers Domestic News
Company 08-May Prev_Day
% Change
#
Axis Bank 382 397 -3.85
NTPC 87 90 -3.81
M&M 387 401 -3.48
Advance Decline Ratio
BSE NSE
Advances 987 724
Declines 1343 1084
Unchanged 180 123
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -36277
MF Flows** 30740
*8
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 07 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 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
17123
7.35%
(Dec-19)
• Indian equity markets closed in the green led by stock specific movements.
Positive cues were generated after one of the industry behemoths
reported that a U.S. private equity firm would invest Rs 11,367 crore for a
2.32 % equity stake in the former’s digital unit. The gains were also in line
with global shares, which rallied amid signs of improving China-American
relations and optimism around more countries reopening their economies.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.63% and
0.57% to close at 31,642.70 and 9,251.50 respectively. S&P BSE MidCap
gained 0.04% and S&P BSE SmallCap lost 0.45%.
• The overall market breadth on BSE was weak with 987 scrips advancing and
1,343 scrips declining. A total of 180 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 2.59%
followed by S&P BSE FMCG, up 1.87% and S&P BSE Healthcare, up 1.4%.
S&P BSE Power was the major loser, down 2.4% followed by S&P BSE
Utilities, down 1.81% and S&P BSE Consumer Durables, down 1.32%.
• International exchange arms of NSE and BSE, NSE IFSC and India INX,
respectively, introduced rupee derivatives that is expected to bring capital
in the country and augment investment options for their customers. With
this overseas participation will also improve due to extended trading hours
and USD settlement at the IFSC. The exchanges are situated in GIFT (Gujarat
International Finance Tech) City and are permitted to offer trading in
securities in any currency other than the Indian rupee.
• In order to support India’s Covid-19 operations, the Asian Infrastructure
Investment Bank’s (AIIB) approved a $500 million loan. These funds are Co-
financed by the World Bank and are aimed at enabling the government to
increase its containment efforts and to strengthen the health system to
manage future outbreaks as well.
• As per media reports, the government will announce guidelines to regulate
the Rs. 1,500 crore bio-stimulant market providing farmers with higher
yields, efficiency and other benefits from the use of different compounds
and micro-organisms. These products are not regulated and sold without
certification of their effectiveness unlike fertilizers and pesticides. Thus, the
government will set up a regulatory body for such products.
• A global rating agency forecasted India's growth at 0% for FY21 and said
the negative outlook on sovereign rating reflects increasing risks that gross
domestic product (GDP) growth will remain significantly lower as against
the past readings.
• Cognizant reported a decline of 16.78% in net income at $367 million for
the quarter ended Mar 31, 2020 as against $441 million in the same period
a year ago. The company is aiming to invest in business and would hire
around 20,000 entry-level executives in 2020.
• Uber lost $2.9 billion in the first quarter as the coronavirus pandemic
battered his overseas investments, but the company is looking to its rising
food distribution business and aggressive cost-cutting to ease the pain.
• Most of the Asian markets closed on a positive note as trade-war fears
receded following reports that both U.S. and Chinese trade representatives
pledged to create favourable conditions for the implementation of the
phase one trade deal signed in Jan. Meanwhile, investors keenly awaited
the U.S. jobs report to gauge the economic impact of the coronavirus-
induced lockdown. Today (as on May 11), markets traded higher amid hopes
of global economies reopening as social distancing measures are eased.
Both Nikkei and Hang Seng are up 1.29% and 1.63%, respectively (as at
8.a.m. IST).
• European markets closed in the green after U.S. and Chinese trade
representatives agreed to strengthen their co-operation in implementing
the phase 1 trade deal.
• U.S. markets rose as investors are hoping that the worst of the coronavirus
and its impact on the economy has passed.
Markets for You
FII Derivative Trade Statistics
08-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 5603.74 7232.16 6246.83
Index Options 331415.48 329922.43 28311.12
Stock Futures 12955.67 15932.91 73056.42
Stock Options 2443.63 2439.63 2233.68
Total 352418.52 355527.13 109848.05
08-May Prev_Day
Change
Put Call Ratio (OI) 1.32 1.15 0.17
Put Call Ratio(Vol) 0.89 0.94 -0.05
08-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.98% 4.19% 4.24% 5.96%
T-Repo 3.39% 3.75% 2.22% 5.84%
Repo 4.40% 4.40% 4.40% 6.00%
Reverse Repo 3.75% 3.75% 4.00% 5.75%
91 Day T-Bill 3.48% 3.59% 4.19% 6.43%
364 Day T-Bill 3.40% 3.73% 4.52% 6.50%
10 Year Gilt 6.02% 6.11% 6.44% 7.38%
G-Sec Vol. (Rs.Cr) 59756 35084 13053 33174
FBIL MIBOR 4.43% 4.41% 4.55% 6.05%
3 Month CP Rate 5.35% 5.45% 6.20% 7.80%
5 Year Corp Bond 6.85% 6.86% 7.39% 8.46%
1 Month CD Rate 4.23% 4.14% 4.00% 6.85%
3 Month CD Rate 4.16% 4.60% 4.53% 7.06%
1 Year CD Rate 4.67% 4.79% 5.79% 7.54%
Currency 08-May Prev_Day
Change
USD/INR 75.44 75.69 -0.25
GBP/INR 93.50 94.10 -0.60
EURO/INR 81.80 81.98 -0.18
JPY/INR 0.71 0.71 0.00
Commodity 08-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
24.23 19.22 24.92 62.08
Brent Crude($/bl)
[1]
21.96 14.85 20.96 71.53
Gold( $/oz) 1701 1699 1646 1281
Gold(Rs./10 gm) 40989 40989 40989 31776
Source: Refinitiv
[1]
Data as on 07 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
11 May 2020
Derivative Statistics- Nifty Options
Disclaimer:
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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
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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
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• Nifty May 2020 Futures stood at 9,236.65, a discount of 14.85 points below
the spot closing of 9,251.50. The turnover on NSE’s Futures and Options
segment fell to Rs. 5,76,735.01 crore on May 08, 2020, compared with Rs.
22,79,856.76 crore on May 07, 2020.
• The Put-Call ratio stood at 0.92 compared with the previous session’s close
of 0.77.
• The Nifty Put-Call ratio stood at 1.32 compared with the previous session’s
close of 1.15.
• Open interest on Nifty Futures stood at 8.67 million, compared with the
previous session’s close of 8.6 million.
• Bond yields fell on aggressive demand for the new 10-year gilt paper.
Moreover, hike in special additional excise duty on petrol and diesel, which
will bolster government revenues, further aided sentiment.
• Yield on the 10-year benchmark paper (6.45% GS 2029) fell 6 bps to close at
its lowest level since Jan 27, 2009, at 5.97% from the previous closing of
6.03% after moving in a range of 5.96% to 6.05%.
• Data from RBI showed that foreign exchange reserves for the week ended
May 01 increased to $ 481.08 billion from $479.46 billion in the previous
week.
• The Indian rupee in spot trade rose against the greenback following gains in
the domestic equity market. Selling of the greenback by foreign banks also
boosted the domestic currency. The rupee closed at 75.54 a dollar, up
0.28% compared to the previous day’s close of 75.76.
• The euro rose against the greenback amid reports that U.S. and Chinese
negotiators had agreed to strengthen cooperation over a trade deal.
• Gold prices fell as its safe haven appeal dwindled after the U.S. nonfarm
payroll employment data for Apr 2020 came better than market
expectations.
• Brent crude prices surged after more countries moved ahead with plans to
relax economic and social lockdowns.
• U.S. non-farm payroll employment plunged by 20.5 million jobs in Apr 2020
after falling by a revised 870,000 jobs (loss of 701,000 jobs originally
reported) in Mar 2020. Unemployment rate surged to 14.7% in Apr 2020
higher than 4.4% in Mar 2020.
• German exports fell by 11.8% MoM (seasonally adjusted), compared with a
1.2% rise in Feb 2020. Imports fell 5.1% MoM compared with 1.5% decline in
Feb 2020. Thus, trade surplus fell to a seasonally adjusted EUR 12.8 billion
from EUR 21.4 billion a month ago.
• The latest survey from Jibun Bank showed, Japan’s services purchasing
managers index (PMI) index fell sharply to a record low of 21.5 in Apr 2020
from 33.8 in Mar 2020. Business confidence fell to its lowest reading since
the global financial crisis.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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