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29 May 2020
Markets for You
Global Indices
Global Indices 28-May Prev_Day Abs. Change
% Change
#
Russell 3000 1,469 1,470 -1 -0.06
Nasdaq 9,369 9,412 -43 -0.46
FTSE 6,219 6,144 75 1.21
Nikkei 21,916 21,419 497 2.32
Hang Seng 23,133 23,301 -169 -0.72
Indian Indices 28-May Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 32,201 31,605 595 1.88
Nifty 50 9,490 9,315 175 1.88
Nifty 100 9,648 9,472 177 1.86
Nifty 500 7,732 7,596 137 1.80
Nifty Bank 19,170 18,711 459 2.45
S&P BSE Power 1,470 1,454 16 1.09
S&P BSE Small Cap
10,769 10,619 150 1.42
S&P BSE HC 15,297 15,288 9 0.06
Date P/E Div. Yield P/E Div. Yield
28-May 20.02 1.18 22.17 1.61
Month Ago 19.44 1.21 21.00 1.62
Year Ago 29.08 1.19 29.69 1.22
Nifty 50 Top 3 Gainers
Company 28-May Prev_Day
% Change
#
Zee Ente. 181 164 9.88
Eicher Motors 16237 14967 8.48
L&T Ltd. 906 851 6.42
Nifty 50 Top 3 Losers Domestic News
Company 28-May Prev_Day
% Change
#
Wipro 199 201 -0.94
BPCL 326 329 -0.91
ITC 191 192 -0.78
Advance Decline Ratio
BSE NSE
Advances 1533 1264
Declines 816 537
Unchanged 152 125
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -42341
MF Flows** 36171
*28
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 27 May 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
29 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
-168
7.35%
(Dec-19)
• Indian equity markets closed in the green with investors shrugging off
geopolitical concerns that include a border stand-off between India and
China and escalating U.S.- China trade tensions. Buying interest continued
to remain supported by easing of lockdown measures and gradual re-
opening of economic activities, although covid-19 infections have been on a
rise. Markets found additional support from India Meteorological
Department's (IMD) forecast that the southwest monsoon is expected to
reach Kerala coast around Ju 1. Earlier IMD had estimated monsoon to be
delayed by a week.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.88% and
1.88% to close at 32,200.59 and 9,490.10 respectively. S&P BSE MidCap and
S&P BSE SmallCap gained 1.34% and 1.42% respectively.
• The overall market breadth on BSE was strong with 1,533 scrips advancing
and 816 scrips declining. A total of 152 scrips remained unchanged.
• On the BSE sectoral front, all sectors gained. S&P BSE Capital Goods was
the major gainer, up 5.11%, followed by S&P BSE Auto and S&P BSE
Industrials, up 3.54% and 3.49%, respectively. S&P BSE Consumer
Discretionary Goods & Services and S&P BSE Finance gained 2.92% and
2.6% respectively.
• According to a major global credit rating agency, the Indian economy will
contract 5% in the current fiscal as the government imposed a nationwide
lockdown across the country to contain the COVID-19 pandemic which
curtailed the domestic economic activity severely. The rating agency further
added that the stimulus package announced by the government is relatively
low compared to that of other countries whose economies were similarly
impacted by the COVID-19 pandemic.
• According to the India Meteorological Department, monsoon rains are likely
to enter India through the southern coast around Jun 1.
• According to media reports, the Asian Development Bank signed a $177
million loan to upgrade 450 km of state highways and major district roads in
Maharashtra. The project is expected to improve connectivity between
national highways, interstate roads, airports, seaports, district
headquarters, industrial areas, rail hubs, enterprise clusters and agricultural
areas.
• According to a major global credit rating agency, the Indian banking sector
may witness significant asset quality challenges for the next two fiscals. The
challenges are expected to come due to several relaxations granted by the
Reserve Bank of India after it took into account the evolving scenario of the
COVID-19 pandemic some of which are extension of the 90-day moratorium
on recognition of impaired loans to 180 days and giving approval to banks
for funding interest on working capital loans.
• Singapore Telecommunications Ltd reported 65.2% plunge in its annual net
profit as it faced tough competition in Australia. Results were also hit due
to a S$1.80 billion charge related to its Indian associate Bharti Airtel Ltd's
payouts for spectrum charges and licence fees.
• Google Pay announced that it's 'Nearby Stores’ feature is now available in
35 cities across India. The new feature provides information such as
business hours of the store, essential items stock and social distancing
information. Google Pay now also takes booking for cooking gas cylinders
from HP Gas, Bharat Petroleum and Indane.
• Asian markets largely closed on a positive note as stimulus announcements
by Japan and the European Commission eased investor concerns
surrounding rising U.S.-China tensions. Today (as on May 29), Asian markets
fell following decline on the Wall Street overnight. Both Nikkei and Hang
Seng were trading down 0.79%, and 1.52% (as at 8.a.m. IST), respectively.
• European markets gained strongly on massive stimulus plan from the
European Commission and fairly encouraging jobless claims data from the
U.S. However, concerns about an escalation in U.S.-China tensions over the
Hong Kong issue restricted upside.
• U.S. markets fell after rising in the last two sessions. Fall came after the U.S.
President announced plans to hold a news conference about China on
Friday. China has recently stepped up efforts to curtail Hong Kong's
independence, raising concerns that Trump may announce new measures
that ramp up recent tensions with China.
Markets for You
FII Derivative Trade Statistics
28-May
(Rs Cr) Buy
Sell Open Int.
Index Futures 10202.55 8538.21 10178.01
Index Options 288258.23 286505.06 42542.28
Stock Futures 34907.71 33996.19 78824.49
Stock Options 1933.69 1969.73 2513.31
Total 335302.18 331009.19 134058.09
28-May Prev_Day
Change
Put Call Ratio (OI) 1.59 1.56 0.04
Put Call Ratio(Vol) 0.90 0.90 0.00
28-May Wk. Ago Mth. Ago
Year Ago
Call Rate 3.70% 3.94% 4.05% 5.87%
T-Repo 3.07% 2.77% 2.80% 5.96%
Repo 4.00% 4.40% 4.40% 6.00%
Reverse Repo 3.35% 3.75% 3.75% 5.75%
91 Day T-Bill 3.18% 3.22% 3.60% 6.17%
364 Day T-Bill 3.41% 3.70% 3.80% 6.29%
10 Year Gilt 5.99% 6.03% 6.13% 7.15%
G-Sec Vol. (Rs.Cr) 22526 39989 28150 62378
FBIL MIBOR
[1]
4.04% 4.35% 4.46% 6.00%
3 Month CP Rate 4.35% 4.35% 5.35% 6.85%
5 Year Corp Bond 6.83% 6.99% 6.97% 8.16%
1 Month CD Rate 3.82% 3.81% 5.35% 6.47%
3 Month CD Rate 3.77% 3.47% 4.33% 6.62%
1 Year CD Rate 4.30% 4.59% 4.92% 7.20%
Currency 28-May Prev_Day
Change
USD/INR 75.75 75.65 0.10
GBP/INR 92.94 93.22 -0.28
EURO/INR 83.48 82.92 0.56
JPY/INR 0.70 0.70 0.00
Commodity 28-May Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
33.62 34.15 11.90 58.86
Brent Crude($/bl) 33.19 34.57 11.56 71.23
Gold( $/oz) 1719 1725 1708 1279
Gold(Rs./10 gm) 40989 40989 40989 31710
Source: Refinitiv
[1]
Data as on 27 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
29 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
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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 settled at spot closing of 9,490.10. Nifty Jun 2020
Futures stood at 9,421.65, a discount of 68.45 points, below the spot
closing. The turnover on NSE’s Futures and Options segment rose to Rs.
29,29,333.47 crore on May 28, 2020, compared with Rs. 17,27,278.37 crore
on May 27, 2020.
• The Put-Call ratio stood at 0.77 compared with the previous session’s close
of 0.83.
• The Nifty Put-Call ratio stood at 1.59 compared with the previous session’s
close of 1.56.
• Open interest on Nifty Futures stood at 13.32 million, compared with the
previous session’s close of 12.81 million.
• Bond yields stood almost steady as investors awaited fresh triggers and
clarity on open market operations by the Reserve Bank of India.
• Yield on the existing 10-year benchmark paper (6.45% GS 2029) rose 1 bps
to close at 5.99% compared to the previous close of 5.98% after trading in a
range of 5.98% to 5.99%.
• Yield on the new 10-year benchmark paper (5.79% GS 2030) stood at 5.75%
same as previous close after moving in a range of 5.74% to 5.76%.
• RBI announced to conduct underwriting auction of 6.18% GS 2024, New GS
2034 and 7.16% GS 2050 for notified amount of Rs. 30,000 crore through
multiple price-based method on May 29, 2020.
• The Indian rupee in spot trade weakened against the greenback due to
increasing tensions between U.S. and China over Hong Kong.
• The euro rose against the greenback as the investor risk sentiment
improved to some extent after the European Commission proposed a
coronavirus economic recovery package. However, doubts about delivering
the same capped the gains.
• Gold prices rose as its safe haven appeal improved on escalating tensions
between U.S. and China.
• Brent crude prices rose on hopes of a pickup in fuel demand as countries
across the globe eased restrictions on coronavirus lockdowns.
• Data from the U.S. Commerce Department showed that durable goods
orders in U.S. plunged 17.2% on a yearly basis in Apr 2020 following a 16.6%
fall In Mar 2020 (14.4% slump originally reported for the previous month).
• Data from the U.S. Labour Department showed that initial jobless claims in
U.S. for the week ended May 23 fell by 323,000 to 2.123 million from the
previous week's revised level of 2.446 million (2.438 million originally
reported for the previous week).
• Data from Destatis showed that consumer price index-based inflation in
Germany slowed to 0.6% on a yearly basis in May 2020 from 0.9% in Apr
2020.
• Survey data from the European Commission showed that Eurozone
economic sentiment index rose to 67.5 in May from 64.9 in the previous
month
Markets for You
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