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21 May 2020
Markets for You
Global Indices
Global Indices 20-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,455 1,431 25 1.72
Nasdaq 9,376 9,185 191 2.08
FTSE 6,067 6,002 65 1.08
Nikkei 20,595 20,433 162 0.79
Hang Seng 24,400 24,388 12 0.05
Indian Indices 20-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 30,819 30,196 622 2.06
Nifty 50 9,067 8,879 187 2.11
Nifty 100 9,249 9,060 189 2.09
Nifty 500 7,427 7,285 142 1.95
Nifty Bank 17,840 17,486 354 2.02
S&P BSE Power 1,443 1,431 13 0.89
S&P BSE Small Cap
10,472 10,355 117 1.13
S&P BSE HC 15,354 14,883 471 3.16
Date P/E Div. Yield P/E Div. Yield
20-May 19.25 1.22 21.16 1.68
Month Ago 19.21 1.36 20.75 1.64
Year Ago 29.05 1.18 29.48 1.11
Nifty 50 Top 3 Gainers
Company 20-May Prev_Day
% Change
#
Shree Cements Limited 19412 18341 5.84
M&M 405 383 5.78
Dr.Reddy 3910 3700 5.69
Nifty 50 Top 3 Losers Domestic News
Company 20-May Prev_Day
% Change
#
Bharti Infratel 201 219 -8.18
IndusInd Bank 357 368 -2.85
Hero Moto 2024 2074 -2.41
Advance Decline Ratio
BSE NSE
Advances 1262 1056
Declines 1060 707
Unchanged 164 139
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -43918
MF Flows** 32626
*20
th
May 2020; **19
th
May 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
5.91%
(Mar-20)
2.86%
(Mar-19)
IIP
-16.70%
(Mar-20)
2.70%
(Mar-19)
GDP
4.70%
(Dec-19)
5.60%
(Dec-18)
[1]
Data as on 19 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
21 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
706
-1334
7.35%
(Dec-19)
• Indian equity markets surged led by strong buying in the financial stocks.
Investors found reassurance from the finance minister statement that
government is with the industry and shall do as much as possible to repair
the damage when companies were going through the most stressful time.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 2.06% and
2.11% to close at 30,818.61 and 9,066.55 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 1.49% and 1.13% respectively.
• The overall market breadth on BSE was strong with 1,262 scrips advancing
and 1,060 scrips declining. A total of 164 scrips remained unchanged.
• All the sectors gained. S&P BSE Healthcare was the major gainer, up 3.16%,
followed by S&P BSE Capital Goods and S&P BSE Consumer Durables, up
3.12% and 2.68%, respectively. S&P BSE Oil & Gas and S&P BSE Realty
gained 2.52% and 2.39% respectively.
• According to Ratings agency ICRA, India’s economic growth has been
sharply revised to 5% contraction for FY20-21 from 1% to 2% growth
earlier. Rating agency also estimated sharper de-growth in the Jun and Sep
quarter of 2020 at -25% and -2.1% respectively, down from a range of 16%-
20% contraction in and 2.1% growth, respectively before. The report cited
the extended lockdown and labour mismatches causing further delays in
supply chain resumption as the reason for the downgrade.
• Considering the impact of the lockdown on India’s economic activity, the
government said that it was cautiously optimistic about the revival of
growth later in the year. Actual GDP growth in FY20-21 would be
depending upon the intensity, spread and duration of the Covid-19
pandemic. However, in its macroeconomic report, the finance ministry did
not disclose its projections for FY20-21.
• The finance ministry has sanctioned Rs. 46,038.70 crore for May 2020
instalment of devolution of states' share in central taxes and duties. The
amount has been calculated based on tax receipts projected in Budget
2020-21 & not as per actuals.
• The Union Cabinet eased the norms of the Partial Credit Guarantee Scheme
and extended its time period in order to widen the coverage to include a
larger number of NBFCs, HFCs and micro finance institutions.
• Majority of the Asian markets rose on hopes that a continued drop in new
daily Covid-19 cases will help the global economy recover from the
coronavirus crisis. However, gains were largely restricted following reports
questioning the validity of the U.S. bio pharma’s early trial results for a
possible coronavirus vaccine. Today (as on May 21), Asian markets rose
following rise on Wall Street overnight. Both Nikkei and Hang Seng market
traded up 0.37% and 0.53%, respectively (as at 8.a.m. IST).
• European markets closed on a strong note despite weak start. Market
participants bought stocks on the back of optimism about economic
recovery thanks to reopening of businesses. Initially, market was weak on a
report that doubted a U.S. pharma company’s claim about the positive
results of a potential coronavirus vaccine.
• U.S. markets rose sharply on continued optimism about an economic
recovery as states begin to reopen following the coronavirus-induced
lockdowns. Initial signals suggest the states that have reopened have not
seen a spike in coronavirus cases. This raised hopes that the economy may
rebound more rapidly than many economists predict.
Markets for You
FII Derivative Trade Statistics
20-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 9407.61 7075.92 5483.84
Index Options 202743.58 202023.53 35893.77
Stock Futures 16076.14 14284.06 73710.33
Stock Options 3878.24 3831.44 3523.63
Total 232105.57 227214.95 118611.57
20-May Prev_Day
Change
Put Call Ratio (OI) 1.18 1.03 0.15
Put Call Ratio(Vol) 0.89 0.85 0.04
20-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.98% 3.88% 4.16% 5.96%
T-Repo 3.05% 1.83% 2.97% 5.96%
Repo 4.40% 4.40% 4.40% 6.00%
Reverse Repo 3.75% 3.75% 3.75% 5.75%
91 Day T-Bill 3.25% 3.45% 3.75% 6.35%
364 Day T-Bill 3.68% 3.73% 4.05% 6.40%
10 Year Gilt 6.04% 6.13% 6.21% 7.29%
G-Sec Vol. (Rs.Cr) 37202 44562 46778 54331
FBIL MIBOR
[1]
4.45% 4.25% 4.53% 6.05%
3 Month CP Rate 4.35% 4.80% 5.75% 7.10%
5 Year Corp Bond 7.00% 7.01% 6.85% 8.30%
1 Month CD Rate 3.75% 4.13% 4.28% 6.82%
3 Month CD Rate 3.50% 3.68% 4.60% 7.13%
1 Year CD Rate 4.66% 4.63% 5.32% 7.54%
Currency 20-May Prev_Day
Change
USD/INR 75.67 75.66 0.01
GBP/INR 92.64 92.59 0.06
EURO/INR 82.81 82.68 0.12
JPY/INR 0.70 0.70 0.00
Commodity 20-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
33.06 24.87 -37.03 63.07
Brent Crude($/bl) 34.39 28.16 17.35 74.20
Gold( $/oz) 1749 1715 1693 1277
Gold(Rs./10 gm) 40989 40989 40989 31550
Source: Refinitiv
[1]
Data as on 19 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
21 May 2020
Derivative Statistics- Nifty Options
Disclaimer:
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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
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
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• Nifty May 2020 Futures stood at 9,066.65, a premium of 0.10 points above
the spot closing of 9,066.55. The turnover on NSE’s Futures and Options
segment rose to Rs. 12,20,838.30 crore on May 20, 2020, compared with Rs.
10,85,207.05 crore on May 19, 2020.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.88.
• The Nifty Put-Call ratio stood at 1.18 compared with the previous session’s
close of 1.00.
• Open interest on Nifty Futures stood at 9.89 million, compared with the
previous session’s close of 9.61 million.
• Bond yields rose as market participants awaited support from the Reserve
Bank of India in the form of open market purchases after a large spike in
borrowing. The Indian government raised its borrowing limit by nearly 54%
this year to Rs. 12 trillion to make up for the revenue shortfall due to the
COVID-19 pandemic.
• Yield on the old 10-year benchmark paper (6.45% GS 2029) inched up 1 bps
to close at 6.04% from the previous closing of 6.03% after moving in a range
of 6.02% to 6.05%.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) inched up 2 bps
to close at 5.77% from the previous closing of 5.75% after moving in a range
of 5.75% to 5.78%.
• The Indian rupee weakened against the U.S. due to persistent buying of the
greenback by foreign banks. Doubts over a potential coronavirus vaccine
also weighed on the market sentiment.
• Euro gained against the U.S. dollar following the recently announced
proposal for a common fund to combat the economic impact of the COVID-
19 pandemic in the euro zone.
• Gold prices rose amid doubts of a potential COVID-19 vaccine and growing
possibility of more stimulus measures.
• Brent crude prices rose after oil inventory in U.S dropped by 5 million barrels
for the week ended May 15.
• Flash estimates from European Union showed that the flash Eurozone
consumer confidence rose slightly in May as several countries in the single-
currency bloc started easing restrictions on COVID-19 induced lockdowns.
The flash consumer confidence index for euro zone rose to -18.8 in May
2020 from -22.7 in Apr 2020.
• Data from the Office of National Statistics showed that consumer price
index-based inflation in U.K. eased to 0.8% in Apr 2020 from 1.5% in Mar
2020.
• Final data from Eurostat showed that inflation in eurozone slowed on a
yearly basis to 0.3% in Apr 2020 from 0.7% in Mar 2020.
• Data from the Cabinet Office showed that core machinery orders in Japan
fell 0.4% on a monthly basis in Mar 2020 following a 2.3% rise in Feb 2020.
Markets for You
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