Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 May 2020
Markets for You
Global Indices
Global Indices 15-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,405 1,393 12 0.85
Nasdaq 9,015 8,944 71 0.79
FTSE 5,800 5,742 58 1.01
Nikkei 20,037 19,915 123 0.62
Hang Seng 23,797 23,830 -32 -0.14
Indian Indices 15-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,098 31,123 -25 -0.08
Nifty 50 9,137 9,143 -6 -0.06
Nifty 100 9,321 9,333 -13 -0.13
Nifty 500 7,504 7,515 -11 -0.14
Nifty Bank 18,834 19,069 -235 -1.23
S&P BSE Power 1,444 1,436 8 0.54
S&P BSE Small Cap
10,689 10,706 -18 -0.16
S&P BSE HC 15,029 15,103 -73 -0.49
Date P/E Div. Yield P/E Div. Yield
15-May 19.20 1.22 20.98 1.67
Month Ago 18.37 1.43 20.11 1.70
Year Ago 27.20 1.25 27.82 1.18
Nifty 50 Top 3 Gainers
Company 15-May Prev_Day
% Change
#
Vedanta Limited 93 89 4.26
BPCL 318 310 2.74
Bharti Airtel 554 540 2.64
Nifty 50 Top 3 Losers Domestic News
Company 15-May Prev_Day
% Change
#
M&M 381 400 -4.78
Bharti Infratel 203 210 -3.41
Axis Bank 389 402 -3.33
Advance Decline Ratio
BSE NSE
Advances 1086 837
Declines 1229 945
Unchanged 178 123
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -37551
MF Flows** 30888
*15
th
May 2020; **13
th
May 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.84%
(Mar-20)
2.86%
(Mar-19)
IIP
-16.70%
(Mar-20)
2.70%
(Mar-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
18 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
-195
-2369
7.35%
(Dec-19)
• Indian markets recouped most of its intra-day losses to close flat. Selling
pressure persisted as investors continued to worry over the economic
impact of the coronavirus pandemic. However, investors found some solace
as data released by China showed industrial output bounced back in Apr.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.08% and 0.06%
to close at 31,097.73 and 9,136.85 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 0.31% and 0.16% respectively.
• The overall market breadth on BSE was weak with 1,086 scrips advancing
and 1,229 scrips declining. A total of 178 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Telecom was the major gainer, up
1.81% followed by S&P BSE Metal, up 1.61% and S&P BSE Energy, up 1.32%.
S&P BSE Realty was the major loser, down 1.42% followed by S&P BSE
Bankex, down 1.09% and S&P BSE Auto, down 1.01%.
• According to the data released by the commerce and industry ministry,
India’s exports and imports plunged 60.28% YoY and 58.65% to $10.36
billion and $17.12 billion, respectively in Apr 2020. As a result, trade deficit
contracted significantly to $6.76 billion in Apr 2020 from $15.33 billion in
Apr 2019. Exports witnessed its steepest monthly fall in at least 25 years, as
manufacturing units were closed amid country lockdown to contain the
spread of coronavirus .
• Finance Minister announced a third set of stimulus measures for the
agrarian economy. Farm-gate infrastructure, cold chains- Rs. 1 lakh crore
will be provided for aggregators, primary agriculture cooperative
organisations, farmer producer organisations. Not only this will be
strengthening farm-gate infrastructure, but will also improve Storage and
boost exports.
• Finance minister announced steps on governance and administrative
reforms including amending Essential Commodities Act, 1955. Onions,
potatoes, pulses, edible oils, cereals to be completely deregulated. Central
law to be brought to provide farmers the choice to sell at best price.
• Legal framework to be brought in to ensure a fixed fair price for farmers
even before they start sowing. Farmers at present do not have a standard
mechanism to charge a predictable price. Well this move will improve
income and standard of living of farmers. Farmers will be able to deal with
aggregators and other intermediaries in a risk-free transparent manner.
• According to media reports, the consolidated net profit of Cipla fell 33.32%
on a yearly basis to Rs. 238.49 crore for the quarter ended Mar 2020
compared to a net profit of Rs. 357.68 crore in the same period of the
previous year. Cipla also announced that it will raise up to Rs. 3,000 crore
through issue of equity shares, depository receipt or bonds subject to
approvals.
• According to media reports, the net profit of Biocon fell 42% on a yearly
basis to Rs. 123 crore for the quarter ended Mar 2020. However, for FY20,
the company witnessed a 15% growth in revenue which increased to Rs.
6,529 crore.
• Asian markets witnessed a mixed trend as positive cues from the signs of
gradual reopening of business round the globe were neutralised by
concerns over the trade deal between the U.S. and China, which seems to
be in peril. Today (as on May 18), markets traded higher with investors
tracking developments on the covid-19 front. Positive cues from Wall Street
also contributed to upside. Both Nikkei and Hang Seng are up 0.25% and
0.12%, respectively (as at 8.a.m. IST).
• European markets too rose as investors shrugged off weak euro area
economic data and took positive cues from encouraging industrial
production data from China and expectations of additional stimulus from
U.S. and Chinese governments.
• U.S. markets closed in the green following better-than-expected data on
U.S. consumer sentiment. The University of Michigan’s consumer sentiment
index unexpectedly rose in early May.
Markets for You
FII Derivative Trade Statistics 15-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 4970.18 6298.57 5007.29
Index Options 325570.84 324068.60 30490.48
Stock Futures 13892.17 14584.41 75176.33
Stock Options 2783.49 2881.73 2911.66
Total 347216.68 347833.31 113585.76
15-May Prev_Day
Change
Put Call Ratio (OI) 0.88 1.12 -0.24
Put Call Ratio(Vol) 0.83 0.81 0.02
15-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.97% 3.98% 4.27% 5.95%
T-Repo 3.00% 3.39% 3.47% 5.88%
Repo 4.40% 4.40% 4.40% 6.00%
Reverse Repo 3.75% 3.75% 4.00% 5.75%
91 Day T-Bill 3.35% 3.48% 4.13% 6.40%
364 Day T-Bill 3.72% 3.40% 4.36% 6.43%
10 Year Gilt 6.05% 6.02% 6.43% 7.38%
G-Sec Vol. (Rs.Cr) 31938 59756 18158 35854
FBIL MIBOR 4.46% 4.43% 4.55% 6.05%
3 Month CP Rate 4.55% 5.35% 6.60% 7.50%
5 Year Corp Bond 7.03% 6.85% 7.30% 8.45%
1 Month CD Rate 3.87% 4.23% 4.54% 6.82%
3 Month CD Rate 3.57% 4.16% 4.68% 7.16%
1 Year CD Rate 4.60% 4.67% 5.64% 7.52%
Currency 15-May Prev_Day
Change
USD/INR 75.56 75.44 0.12
GBP/INR 92.26 91.99 0.28
EURO/INR 81.65 81.50 0.15
JPY/INR 0.70 0.71 0.00
Commodity 15-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 28.94 24.23 19.91 61.98
Brent Crude($/bl) 29.79 21.96 15.77 74.08
Gold( $/oz) 1741 1701 1716 1296
Gold(Rs./10 gm) 40989 40989 40989 32243
Source: Refinitiv
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
18 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 9,137.10, a premium of 0.25 points above
the spot closing of 9,136.85. The turnover on NSE’s Futures and Options
segment fell to Rs. 5,61,885.86 crore on May 15, 2020, compared with Rs.
23,82,281.68 crore on May 14, 2020.
• The Put-Call ratio stood at 0.8 compared with the previous session’s close of
0.77.
• The Nifty Put-Call ratio stood at 1.11 compared with the previous session’s
close of 1.
• Open interest on Nifty Futures stood at 8.78 million, compared with the
previous session’s close of 8.5 million.
• Bond yields rose on concerns over excess supply after the government
raised its borrowing limit to Rs. 12 trillion and ahead of a debt switch
auction next week.
• Yield on the 10-year benchmark paper (6.45% GS 2029) rose 2 bps to close
at 6.08% from the previous closing of 6.06% after moving in a range of
6.03% to 6.12%.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) rose 2 bps to
close at 5.75% from the previous closing of 5.73% after moving in a range of
5.72% to 5.75%.
• Banks did not borrow under the central bank’s Marginal Standing Facility on
May 14, 2020 compared borrowing of Rs. 100 crore on May 13, 2020.
• The Indian rupee in spot was unchanged against the greenback as likely
corporate dollar flows offset losses which came after the stimulus package
announced by the government fell short of market expectations. The rupee
closed unchanged at 75.56 a dollar.
• The euro inched up against the greenback after retail sales in U.S.
plummeted more than expected in Apr 2020.
• Gold prices rose as renewed concerns over trade tensions between U.S. and
China added to fears about the global economy.
• Brent crude prices rose after data showed that China’s daily crude oil use
rebounded in Apr 2020.
• According to the Commerce Department, U.S. retail sales plunged 16.4% in
Apr 2020 after falling 8.3% in Mar 2020.
• According to preliminary data by Destatis, Germany’s gross domestic
product fell 2.2% sequentially in the first quarter of 2020, the biggest fall
since the first quarter of 2009, as against 0.1% fall in the last quarter of
2019.
• According to the National Bureau of Statistics, China’s industrial production
rose 3.9% in Apr 2020 as against 1.1% fall in Mar 2020.
• According to report by the Labor Department, U.S. import prices fell 2.6% in
Apr 2020 after falling 2.4% in Mar 2020. Similarly, export prices fell 3.3% in
Apr following a revised 1.7% decrease in Mar 2020.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
Thank you for
your time.
