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27 May 2020
Markets for You
Global Indices
Global Indices 26-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,457 1,452 5 0.34
Nasdaq 9,340 9,325 16 0.17
FTSE 6,068 5,993 74 1.24
Nikkei 21,271 20,742 530 2.55
Hang Seng 23,385 22,952 432 1.88
Indian Indices 26-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 30,609 30,673 -63 -0.21
Nifty 50 9,029 9,039 -10 -0.11
Nifty 100 9,220 9,227 -7 -0.08
Nifty 500 7,425 7,416 9 0.11
Nifty Bank 17,440 17,279 161 0.93
S&P BSE Power 1,444 1,418 26 1.85
S&P BSE Small Cap
10,590 10,524 66 0.63
S&P BSE HC 15,418 15,518 -100 -0.65
Date P/E Div. Yield P/E Div. Yield
26-May 19.12 1.23 21.10 1.69
Month Ago 18.90 1.24 20.48 1.66
Year Ago 28.91 1.20 29.44 1.11
Nifty 50 Top 3 Gainers
Company 26-May Prev_Day
% Change
#
Eicher Motors 14805 13922 6.34
JSW Steel 176 166 6.08
Titan Industries Limited 893 850 5.07
Nifty 50 Top 3 Losers Domestic News
Company 26-May Prev_Day
% Change
#
Bharti Airtel 559 593 -5.72
Bajaj Finserv Limited 4097 4316 -5.06
TCS 1943 2020 -3.83
Advance Decline Ratio
BSE NSE
Advances 1203 904
Declines 1138 892
Unchanged 193 158
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -46955
MF Flows** 34768
*26
th
May 2020; **21
st
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 22 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
27 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
-385
-1131
7.35%
(Dec-19)
• Indian equity markets witnessed initial buying spree following positive
global cues and merger news in the consumable sector. Optimism that
China will announce more measures to support its economy boosted the
metal stocks. However, all the gains were erased towards session end to
close in the red amid profit booking.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.21% and 0.11%
to close at 30,609.30 and 9,029.05 respectively. S&P BSE MidCap and S&P
BSE SmallCap gained 1.21% and 0.63% respectively.
• The overall market breadth on BSE was strong with 1,203 scrips advancing
and 1,138 scrips declining. A total of 193 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 2.84%
followed by S&P BSE Consumer Durables, up 2.55% and S&P BSE Basic
Materials, up 2.53%. S&P BSE Telecom was the major loser, down 4.64%
followed by S&P BSE Teck, down 2.57% and S&P BSE IT, down 2.1%.
• The Indian government notified the Rs. 3 lakh crore Emergency Credit Line
Guarantee Scheme for Medium, Small and Micro Enterprises (MSMEs) under
the Atma Nirbhar Bharat Abhiyan. The objective of the move is to help
MSMEs overcome the economic distress that they are facing due to the
COVID-19 pandemic.
• A major domestic credit rating agency forecasted the growth of the Indian
economy to contract 5% in FY21. The rating agency expects the non-
agricultural sector to contract 6% in FY21. However, the agriculture sector
is expected to provide some support by growing at 2.5% in the same fiscal
on the back of normal monsoons. The rating agency further added that the
negative impact of the COVID-19 pandemic on the domestic growth may be
neutralised to some extent by fiscal support from the government and
lower global crude oil prices.
• Data from the the Central Board of Direct Taxes (CBDT) showed that the
government has issued tax refunds worth Rs. 26,242 crore to 16,84,298
assessees for the period from Apr 1, 2020 to May 21, 2020.
• According to a major domestic credit rating agency, the Rs. 90,000 crore
liquidity infusion for power distribution companies announced by the Indian
government will only provide temporary relief and will not result in any
long term stability. The rating agency is of the view that the financial health
of power distribution companies has remained weak due to legacy issues
such as aggregate technical and commercial (AT&C) losses, wide gap
between average cost of supply and average revenue realisation which
were not methodically addressed. The outbreak of the COVID-19 pandemic
has only aggravated the stress of power distribution companies.
• Jindal Steel and Power Ltd (JSPL) reported a consolidated profit after tax
of Rs. 306 crore in the quarter ended Mar 31, 2020 and reduced its net debt
by Rs. 4,379 crore in FY20 on constant currency basis. The gross revenue
was Rs. 9,674 crore in Q4 FY20 and the net revenue was Rs. 8,836 crore.
• Glenmark Pharmaceuticals Ltd said a new clinical trial will begin in India to
test a combination of two anti-viral drugs as a potential treatment for
Covid-19.
• Asian markets rose following a host of positive cues. While several U.S.
states have begun lifting the restrictions of businesses and public spaces, a
survey showed improvement in German business confidence and China
sought to reassure Hong Kong that its judiciary would remain independent
under a new national security law. Today (as on May 27), Asian markets rose
following rise on the Wall Street overnight. Both Nikkei and Hang Seng
were traded up 0.36%, was up 0.56% (as at 8.a.m. IST), respectively.
• European markets gained on reports about a potential coronavirus vaccine,
and on optimism about economic recovery following several countries
across the globe relaxing lockdown restrictions and reopening more
businesses. Hopes of more stimulus to support the Eurozone economy also
contributed to the surge in stock prices.
• U.S. markets mostly rose on optimism about the reopening of the economy
through gradual removal of economic restrictions related to COVID-19 and
signs that Americans are beginning to feel safe enough to travel and
congregate in larger groups.
Markets for You
FII Derivative Trade Statistics
26-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 6051.68 6722.30 7424.44
Index Options 136289.03 134450.43 37051.86
Stock Futures 24206.20 24551.09 78226.85
Stock Options 4176.03 4116.75 3075.98
Total 170722.94 169840.57 125779.13
26-May Prev_Day
Change
Put Call Ratio (OI) 1.15 1.24 -0.09
Put Call Ratio(Vol) 0.93 1.04 -0.11
26-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.61% 3.92% 4.04% 5.88%
T-Repo 2.79% 3.26% 2.12% 5.92%
Repo 4.00% 4.40% 4.40% 6.00%
Reverse Repo 3.35% 3.75% 3.75% 5.75%
91 Day T-Bill 3.00% 3.27% 3.60% 6.21%
364 Day T-Bill 3.45% 3.67% 3.80% 6.34%
10 Year Gilt 5.97% 6.03% 6.17% 7.23%
G-Sec Vol. (Rs.Cr) 39733 49864 43530 58585
FBIL MIBOR
[1]
4.31% 4.45% 4.48% 6.00%
3 Month CP Rate 4.35% 4.35% 5.05% 6.90%
5 Year Corp Bond 6.85% 6.96% 6.95% 8.26%
1 Month CD Rate 3.60% 4.01% 3.72% 6.54%
3 Month CD Rate 3.51% 3.56% 4.93% 6.65%
1 Year CD Rate 4.33% 4.56% 5.06% 7.44%
Currency 26-May Prev_Day
Change
USD/INR 75.64 75.79 -0.15
GBP/INR 92.60 92.49 0.11
EURO/INR 82.64 82.82 -0.18
JPY/INR 0.70 0.71 0.00
Commodity 26-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
34.60 31.80 15.49 58.39
Brent Crude($/bl) 33.31 32.59 12.29 68.97
Gold( $/oz) 1711 1744 1727 1285
Gold(Rs./10 gm) 40989 40989 40989 31591
Source: Refinitiv
[1]
Data as on 22 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
27 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
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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.
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• Nifty May 2020 Futures stood at 9,034.00, a premium of 4.95 points above
the spot closing of 9,029.05. The turnover on NSE’s Futures and Options
segment rose to Rs. 9,39,622.80 crore on May 26, 2020, compared with Rs.
8,33,371.85 crore on May 22, 2020.
• The Put-Call ratio stood at 0.91 compared with the previous session’s close
of 0.88.
• The Nifty Put-Call ratio stood at 1.15 compared with the previous session’s
close of 1.28.
• Open interest on Nifty Futures stood at 10.66 million, compared with the
previous session’s close of 9.98 million.
• Bond yields rose marginally as investors booked profits after the benchmark
yield fell to 11-year low in the previous session.
• Yield on the existing 10-year benchmark paper (6.45% GS 2029) rose 1 bps
to close at 5.97% compared to the previous close of 5.96% after trading in a
range of 5.94% to 6.00%.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) stood at 5.74%
same as previous close after moving in a range of 5.73% to 5.76%.
• The Indian rupee in spot trade rose against the greenback as the global risk
appetite improved after businesses worldwide gradually reopened.
• The euro rose against the greenback as many countries across the globe
eased restrictions on COVID-19 pandemic induced lockdowns.
• Gold prices fell as many countries across the globe eased restrictions on
lockdowns.
• Brent crude prices rose due to a pickup in fuel demand as many countries
across the globe eased restrictions on COVID-19 pandemic induced
lockdowns.
• Data from the National Association of Realtors showed that existing home
sales in U.S. plummeted 17.8% to an annual rate of 4.33 million in Apr 2020
after coming down by 8.5% to 5.27 million in Mar 2020.
• Survey results from market research group GfK showed that the forward-
looking consumer sentiment index of Germany rose to -18.9 in Jun 2020
from -23.1 in May 2020. The improvement comes due to gradual opening of
many businesses.
• Preliminary figures from the statistical office INE showed that Spain's
producer prices declined at the fastest pace on record in May 2020. The
producer price index fell 8.4% on a yearly basis in May 2020 following a 4.9%
decline in Mar 2020.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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