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28 May 2020
Markets for You
Global Indices
Global Indices 27-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,470 1,457 13 0.92
Nasdaq 9,412 9,340 72 0.77
FTSE 6,144 6,068 76 1.26
Nikkei 21,419 21,271 148 0.70
Hang Seng 23,301 23,385 -83 -0.36
Indian Indices 27-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 31,605 30,609 996 3.25
Nifty 50 9,315 9,029 286 3.17
Nifty 100 9,472 9,220 252 2.73
Nifty 500 7,596 7,425 171 2.30
Nifty Bank 18,711 17,440 1,270 7.28
S&P BSE Power 1,454 1,444 10 0.69
S&P BSE Small Cap
10,619 10,590 29 0.27
S&P BSE HC 15,288 15,418 -130 -0.84
Date P/E Div. Yield P/E Div. Yield
27-May 19.77 1.20 21.77 1.64
Month Ago 19.20 1.22 20.77 1.64
Year Ago 29.08 1.19 29.68 1.22
Nifty 50 Top 3 Gainers
Company 27-May Prev_Day
% Change
#
Axis Bank 387 341 13.39
ICICI Bank 319 293 8.93
Wipro 201 189 6.59
Nifty 50 Top 3 Losers Domestic News
Company 27-May Prev_Day
% Change
#
Sun Pharma 451 459 -1.80
Ultratech Cem 3727 3786 -1.55
Shree Cements Limited 20478 20667 -0.92
Advance Decline Ratio
BSE NSE
Advances 1345 1064
Declines 974 715
Unchanged 178 135
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -42173
MF Flows** 36171
*27
th
May 2020; **26
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 22 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
28 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
2252
4782
7.35%
(Dec-19)
• Indian equity markets surged led by strong buying interest in the financial
stocks. Traders recovered short positions ahead of the expiry of futures and
options contracts (F&O) of May series, scheduled on May 28. Apart from
financial stocks, information technology, and metal stocks, too, witnessed
smart rally during the trade. Market sentiments was also boosted after
global investment bank said it was forecasting a very strong rebound in
Indian markets for the second half of the year.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 3.25% and
3.17% to close at 31,605.22 and 9,314.95 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 0.54% and 0.27% respectively.
• The overall market breadth on BSE was strong with 1,345 scrips advancing
and 974 scrips declining. A total of 178 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 7.31%
followed by S&P BSE Finance, up 5.64% and S&P BSE IT, up 3%. S&P BSE
Healthcare was the only loser, down 0.84%.
• Capital market regulator Securities and Exchange Board of India (SEBI),
clarified that it has imposed no restriction on the usage of Power of
Attorney (POA) between the broker and client in the domestic equity
markets. POA gives a broker the authority to manage the shares of its client
and is collected by the broker at the time of opening the demat account.
The broker uses POA to transfer the shares of the client to the client’s
collateral account. Subsequently, these shares are placed with clearing
corporation by way of transfer or by creation of pledge towards margin.
However, the broker now cannot report all securities lying in the demat
account of the client as margin collected.
• SEBI has issued guidelines that need to be followed by stock exchanges for
identification and selection of a location as a delivery centre for commodity
derivatives contracts. This identification and selection needs to be done on
the basis of liquidity of the contract, demand-supply dynamics, value chain
participants, infrastructure support and trade feedback. The new
framework will come into effect from Aug 1, 2020.
• According to media reports a section of brokers have built up a case against
the trading of crude oil contract at negative price and have approached the
SEBI. The move comes after a controversial settlement of April crude oil
contract at negative price following which many brokers incurred huge
losses. Brokers want the exchange to provide an intermediate auction
window soon after prices turn negative.
• SEBI has given approval for use of shares in depository account as margin
until Aug 31, 2020. The move comes amid the COVID-19 pandemic as
changes to the systems and software development are still under progress.
• Future Retail’s board member has approved raising up to Rs. 650 crore by
issuing non-convertible debentures (NCDs) on private placement basis in
one or more tranches to pare debt.
• Aditya Birla Fashion & Retail is expected to launch rights issue worth Rs.
1,000 crore soon as part of its fund-raising plans for FY21 and also to cap
the leverage.
• Asian markets witnessed a mixed trend as positive impact of the growing
optimism about the reopening of economies across the world was
neutralised by rising tension between U.S. and China. Today (as on May 28),
Asian markets mostly rose following rise on the Wall Street overnight.
While Nikkei was traded up 1.65%, Hang Seng was down 0.41% (as at 8.a.m.
IST).
• European markets surged, supported by the European Commission's (EC)
plan to launch a massive recovery fund for the euro region to help restrict
the damage caused by the Covid-19 pandemic. The EC announced a €750
billion ($821 billion) aid package to help the European region. The plan will
have to be backed by all 27 nations in the bloc.
• U.S. markets gained strongly as market participants continued to be
optimistic about a quick economic recovery as the country reopens
following the coronavirus lockdown. Financial stocks helped to lead the way
higher.
Markets for You
FII Derivative Trade Statistics
27-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 5903.71 5714.81 7168.04
Index Options 142955.12 142471.80 38550.30
Stock Futures 40304.10 41717.14 77978.39
Stock Options 2771.44 2957.08 2783.63
Total 191934.37 192860.83 126480.36
27-May Prev_Day
Change
Put Call Ratio (OI) 1.56 1.15 0.41
Put Call Ratio(Vol) 0.90 0.93 -0.03
27-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.61% 3.98% 4.03% 5.94%
T-Repo 2.95% 3.05% 2.09% 5.95%
Repo 4.00% 4.40% 4.40% 6.00%
Reverse Repo 3.35% 3.75% 3.75% 5.75%
91 Day T-Bill 3.17% 3.25% 3.57% 6.20%
364 Day T-Bill 3.41% 3.68% 3.81% 6.30%
10 Year Gilt 5.98% 6.04% 6.15% 7.17%
G-Sec Vol. (Rs.Cr) 26346 37202 38551 71666
FBIL MIBOR
[1]
4.31% 4.43% 4.48% 6.00%
3 Month CP Rate 4.35% 4.35% 5.25% 6.85%
5 Year Corp Bond 6.86% 7.00% 6.88% 8.19%
1 Month CD Rate 3.74% 3.75% 5.30% 6.46%
3 Month CD Rate 3.69% 3.50% 4.95% 6.56%
1 Year CD Rate 4.29% 4.66% 4.92% 7.38%
Currency 27-May Prev_Day
Change
USD/INR 75.65 75.64 0.01
GBP/INR 93.22 92.60 0.62
EURO/INR 82.92 82.64 0.28
JPY/INR 0.70 0.70 0.00
Commodity 27-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
32.75 33.06 11.97 58.39
Brent Crude($/bl) 32.30 34.39 10.69 68.97
Gold( $/oz) 1709 1749 1714 1285
Gold(Rs./10 gm) 40989 40989 40989 31708
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
28 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 9,309.40, a discount of 5.55 points below
the spot closing of 9,314.95. The turnover on NSE’s Futures and Options
segment rose to Rs. 17,27,278.37 crore on May 27, 2020, compared with Rs.
9,39,622.80 crore on May 26, 2020.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.91.
• The Nifty Put-Call ratio stood at 1.56 compared with the previous session’s
close of 1.15.
• Open interest on Nifty Futures stood at 12.81 million, compared with the
previous session’s close of 10.66 million.
• Bond yields rose marginally as investors were reluctant to take any side
since they were awaiting the bond purchase plan from the Reserve Bank of
India.
• Yield on the existing 10-year benchmark paper (6.45% GS 2029) rose 1 bps
to close at 5.98% compared to the previous close of 5.97% after trading in a
range of 5.96% to 5.99%.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) rose 1 bps to
close at 5.75% compared to the previous close of 5.74% after moving in a
range of 5.73% to 5.75%.
• The Indian rupee in spot trade weakened against the greenback amid
increasing tensions between U.S. and China.
• The euro inched up against the greenback as the investor risk sentiment
improved to some extent after the European Commission proposed a
coronavirus economic recovery package worth in total 1.85 trillion euros
($2.04 trillion). However, increasing tensions between U.S. and China over
Hong Kong capped the gains.
• Gold prices fell on optimism about the development of coronavirus
vaccines.
• Brent crude prices fell as persisting concerns over rising tensions between
U.S. and China weighed on the market sentiment.
• According to media reports, the European Commission has unveiled a €750
billion aid package to help the European Union recover from the COVID-19
pandemic. The plan will require unanimous backing from all 27 nations in
the euro zone.
• Data from the Hungarian Central Statistical Office showed that the jobless
rate in Hungary rose to 3.8% during the period from Feb to Apr of 2020
from 3.7% during the period from Jan to Mar of 2020. The number of
unemployed persons increased to 174,100 from 173,000 in the same time
period.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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