Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 May 2020
Markets for You
Global Indices
Global Indices 13-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,380 1,402 -22 -1.60
Nasdaq 8,863 9,003 -139 -1.55
FTSE 5,904 5,995 -91 -1.51
Nikkei 20,267 20,366 -99 -0.49
Hang Seng 24,180 24,246 -65 -0.27
Indian Indices 13-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 32,009 31,371 637 2.03
Nifty 50 9,384 9,197 187 2.03
Nifty 100 9,553 9,372 180 1.92
Nifty 500 7,667 7,521 146 1.94
Nifty Bank 19,635 18,863 772 4.09
S&P BSE Power 1,468 1,430 38 2.66
S&P BSE Small Cap
10,774 10,566 208 1.97
S&P BSE HC 15,022 15,146 -124 -0.82
Date P/E Div. Yield P/E Div. Yield
13-May 19.97 1.18 18.59 1.77
Month Ago 18.58 1.41 20.27 1.69
Year Ago 27.24 1.26 27.80 1.18
Nifty 50 Top 3 Gainers
Company 13-May Prev_Day
% Change
#
Axis Bank 414 387 7.02
Zee Ente. 165 155 6.51
Adani Ports & SEZ 309 292 6.12
Nifty 50 Top 3 Losers Domestic News
Company 13-May Prev_Day
% Change
#
Nestle India Limited 16512 17462 -5.44
Sun Pharma 452 464 -2.49
Britannia Industries Limited 3080 3107 -0.89
Advance Decline Ratio
BSE NSE
Advances 1656 1331
Declines 730 472
Unchanged 180 112
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -35313
MF Flows** 32380
*13
th
May 2020; **8
th
May 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Apr-20)
2.86%
(Apr-19)
IIP
-16.70%
(Mar-20)
2.70%
(Mar-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 12 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
14 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
0.40%
(Dec-19)
5.10%
(Sep-19)
Quarter Ago
Inflow/Outflow
-1934
-1839
7.59%
(Jan-20)
• Indian equity markets surged as investors cheered the Rs. 20 trillion -
stimulus package announced by the government to revive the economy in
the wake of the COVID-19 pandemic. Market participants are keenly
awaiting the details of the allocation of the stimulus package to be
announced the finance minister post market hours.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 2.03% and
2.03% to close at 32,008.61 and 9,383.55 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 1.49% and 1.97% respectively.
• The overall market breadth on BSE was strong with 1,656 scrips advancing
and 730 scrips declining. A total of 180 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Capital Goods was the major gainer, up
5.08% followed by S&P BSE Industrials, up 3.98% and S&P BSE Bankex, up
3.88%. S&P BSE Healthcare was the major loser, down 0.82% followed by
S&P BSE FMCG, down 0.61% and S&P BSE Telecom, down 0.09%.
• India will provide Rs. 3 lakh crore worth collateral-free loans to small
businesses for four years. This would benefit 45 lakh micro, small and
medium enterprises (MSME) and will be available till Oct 31, 2020. No
principal repayment will be required for 12 months.
• Global tender disallowed in government procurement for tenders up to Rs.
200 crore to provide MSMEs the opportunity to participate in tenders.
There will be necessary amendments of general financial rules. It is a step
towards self-reliant India and support Make in India initiative.
• For Discoms (Distribution companies), a one-time emergency liquidity
injection of Rs. 90,000 crore will provided by Power finance corporation
(PFC) and Rural Electrification Corporation (REC) against all their
receivables. The states will guarantee it. Discoms will pay the power
generation companies from the funds generated.
• As part of economic stimulus package, government will provided Rs 30,000
crore of special liquidity scheme for investing in investment grade debt
paper of Non-banking finance companies (NBFC), Housing finance
companies and Micro finance Institutions (MFI). These NBFCs are those that
are also funding MSMEs. These will be fully guaranteed by government of
India.
• According to media reports, the standalone net profit of Maruti Suzuki fell
28% on a yearly basis in the quarter ended Mar 2020 to Rs. 1,291.70 crore
from Rs. 1,795.60 crore in the same period of the previous year. Net profit
came down on account of lower sales and higher promotion expenses. The
company also reduced capital expenditure for FY21 by 17% to Rs. 2,700
crore from Rs. 3,248 crore in the previous year.
• According to media reports, the standalone net profit of Kotak Mahindra
Bank fell 10% on a yearly basis in the quarter ended Mar 2020 to Rs. 1,267
crore from Rs. 1,408 crore in the same period of the previous year. Net
profit came down on account of increase in the bank's provisions and
contingencies. The bank made provisions related to the COVID-19
pandemic worth Rs. 650 crore, higher than what is mandated by the
Reserve Bank of India.
• Asian markets witnessed a mixed trend with investors remaining on the
sidelines amid worries about U.S.- China tensions. Meanwhile, traders found
some solace after Wuhan, the epi-centre of the deadly virus confirmed no
new COVID-19 infections on May 12 and officials charted out a plan to test
11 million people within a 10-day timeframe. Today (as on May 14), markets
traded lower tracking overnight weakness in U.S. and European markets.
Both Nikkei and Hang Seng are down 0.73% and 1.25%, respectively (as at
8.a.m. IST).
• European markets too came under selling pressure as a potential second
wave of coronavirus infections triggered a sell-off.
• U.S. markets fell following comments from the U.S. Fed Chief. The Fed
Chief said that the central bank may take additional steps to support the
economy but is reluctant to adopt negative interest rates.
Markets for You
FII Derivative Trade Statistics
13-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 5835.70 6707.74 5935.25
Index Options 173103.58 172922.39 33368.14
Stock Futures 15811.47 16006.94 75162.24
Stock Options 4351.69 4302.66 2607.69
Total 199102.44 199939.73 117073.32
13-May Prev_Day
Change
Put Call Ratio (OI) 1.12 1.28 -0.15
Put Call Ratio(Vol) 0.81 0.89 -0.08
13-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.88% 3.88% 4.26% 5.92%
T-Repo 1.83% 3.34% 3.20% 5.89%
Repo 4.40% 4.40% 4.40% 6.00%
Reverse Repo 3.75% 3.75% 4.00% 5.75%
91 Day T-Bill 3.45% 3.51% 4.13% 6.48%
364 Day T-Bill 3.73% 3.57% 4.46% 6.50%
10 Year Gilt 6.13% 6.03% 6.50% 7.39%
G-Sec Vol. (Rs.Cr) 44562 51593 10085 33866
FBIL MIBOR
[1]
4.29% 4.44% 4.60% 6.05%
3 Month CP Rate 4.80% 5.55% 6.50% 7.70%
5 Year Corp Bond 7.01% 6.89% 7.40% 8.52%
1 Month CD Rate 4.13% 3.83% 4.22% 6.95%
3 Month CD Rate 3.68% 4.15% 4.52% 7.26%
1 Year CD Rate 4.63% 4.65% 5.74% 7.59%
Currency 13-May Prev_Day
Change
USD/INR 75.39 75.79 -0.41
GBP/INR 92.62 93.40 -0.79
EURO/INR 81.82 81.96 -0.13
JPY/INR 0.70 0.71 0.00
Commodity 13-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
24.87 23.38 22.31 60.92
Brent Crude($/bl) 28.16 20.10 18.71 73.29
Gold( $/oz) 1715 1686 1714 1300
Gold(Rs./10 gm) 40989 40989 40989 31961
Source: Refinitiv
[1]
Data as on 12 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
14 May 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
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
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
India Asset Management Limited (NAM India) (formerly Reliance Nippon Life Asset Management Limited) has not independently verified the accuracy or authenticity of such information or data, or for that
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
information. Some of the statements & assertions contained in these materials may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The
Sponsor(s), the Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness,
adequacy and reliability of such data or information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions
given are fair and reasonable, to the extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information
should rely on information/data arising out of their own investigations. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at
an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct,
indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.
• Nifty May 2020 Futures stood at 9,393.55, a premium of 10.00 points above
the spot closing of 9,383.55. The turnover on NSE’s Futures and Options
segment rose to Rs. 11,80,265.29 crore on May 13, 2020, compared with Rs.
10,73,997.01 crore on May 12, 2020.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.84.
• The Nifty Put-Call ratio stood at 1.12 compared with the previous session’s
close of 1.28.
• Open interest on Nifty Futures stood at 8.38 million, compared with the
previous session’s close of 8.19 million.
• Bond yields fell as state-run banks stepped up purchases after the
announcement of an economic stimulus package by the Prime Minister in
the speech on May 12, 2020. Prime Minister said that Rs. 20 lakh crore
package, almost amounting to 10% of India's gross dom estic product, will
be aimed at migrant labour, the middle class and industry.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) fell 4 bps to
close at 5.76% from the previous closing of 5.80% after moving in a range of
5.76% to 5.86%.
• Yield on the old 10-year benchmark paper (6.45% GS 2029) fell 6 bps to
close at 6.10% from the previous closing of 6.16% after moving in a range of
6.08% to 6.28%.
• Banks did not borrow under the central bank’s Marginal Standing Facility on
both May 12, 2020 and May 11, 2020.
• The Indian rupee in spot trade was almost steady against the greenback as
market participants awaited the details of the Indian government's stimulus
package.
• The euro fell against the greenback after the U.S. Federal Reserve chief
warned that economic recovery may take time. However, further losses
were restricted after the U.S central bank chief negated the idea of using
negative interest rates as a simulative tool.
• Gold prices rose after the U.S. Federal Reserve chief pledged to adopt more
stimulus measures if required.
• Brent crude prices rose after data from U.S. Energy Information
Administration showed that crude inventories in U.S. fell by 745,000 barrels
in the week to May 8.
• According to the U.S. Labor Department, U.S. consumer price index fell 0.8%
in Apr 2020 after falling 0.4% in Mar 2020. Excluding food and energy
prices, core consumer prices fell 0.4% in Apr 2020 after declining 0.1% in
Mar 2020.
• According to data from Office for National Statistics, U.K.’s gross domestic
product (GDP) fell 2%csequentially in the first quarter of 2020. This was the
largest decline since the global financial crisis as measures adopted to
reduce the transmission of the coronavirus took a toll on overall activity.
• According to data published by the British Retail Consortium, U.K. retail
sales plunged 19.1% YoY in Apr 2020 as against 2.4% rise in Apr 2019.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Thank you for
your time.
