Global Indices
Global Indices 24-Nov Prev_Day Abs. Change
% Change
Russell 3000 1,838 1,820 18 0.98
Nasdaq 12,037 11,881 156 1.31
FTSE 6,432 6,334 98 1.55
Nikkei 26,166 25,527 638 2.50
Hang Seng 26,588 26,486 102 0.39
Indian Indices 24-Nov Prev_Day Abs. Change
% Change
S&P BSE Sensex 44,523 44,077 446 1.01
Nifty 50 13,055 12,926 129 1.00
Nifty 100 13,158 13,037 122 0.93
Nifty 500 10,734 10,636 98 0.92
Nifty Bank 29,737 29,024 713 2.46
S&P BSE Power 2,006 1,993 14 0.68
S&P BSE Small Cap 16,550 16,405 145 0.89
S&P BSE HC 20,270 20,063 208 1.04
Date P/E Div. Yield P/E Div. Yield
24-Nov 31.86 0.91 35.90 1.22
Month Ago 29.54 0.99 34.37 1.33
Year Ago 28.14 1.15 27.77 1.25
Nifty 50 Top 3 Gainers
Company 24-Nov Prev_Day
% Change
Adani Ports & SEZ 392 375 4.56
Axis Bank 620 596 4.04
NA 2693 2597 3.69
Nifty 50 Top 3 Losers Domestic News
Company 24-Nov Prev_Day
% Change
Titan Industries Limited 1327 1348 -1.52
HDFC Ltd. 2218 2251 -1.47
BPCL 390 394 -1.19
Advance Decline Ratio
BSE NSE
Advances 1604 1097
Declines 1200 806
Unchanged 196 117
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 101054
MF Flows** -12770
*24
th
Nov 2020; **18
th
Nov 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.61%
(Oct-20)
4.62%
(Oct-19)
IIP
0.20%
(Sep-20)
-4.60%
(Sep-19)
GDP
-23.90%
(Jun-20)
5.20%
(Jun-19)
[1]
Data as on 23 Nov, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
25 November 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
-16.60%
(Jun-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
-88
4890
6.73%
(Jul-20)
• Indian equity markets extended the rally with Nifty 50 settling above the
13,000-mark. The COVID-19 vaccine progress shored up investor
sentiments. Market participants also took positive cues after the U.S.
President elect was given the go-ahead to begin his White House transition.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.01% and 1%
to close at 44,523.02 and 13,055.15 respectively.
• The overall market breadth on BSE was strong with 1,604 scrips advancing
and 1,200 scrips declining. A total of 196 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 2.37%
followed by S&P BSE Auto, up 1.84% and S&P BSE Realty, up 1.78%. S&P
BSE Telecom was the only loser, down 0.23%.
• The Securities and Exchange Board of India (Sebi) has suggested that the
minimum threshold appropriate to reclassify promoters as public
shareholders should be changed. In a company, promoters seeking re-
classification should not hold 15% or more of the total voting rights. The
minimum threshold requirement is currently 10%.
• The Reserve Bank of India has demanded that banks not allow any proposal
by foreign law firms to open, under the Foreign Exchange Management Act
(FEMA), a branch office, project office or liaison office in the country for the
purpose of practising the legal profession.
• Under section 69A of the Information Technology Act, the Government of
India has restricted the access of 43 Chinese mobile applications by users in
India. This action was taken on the basis of feedback from these
applications to participate in practises that are detrimental to India's
sovereignty and integrity, defence of India, state security and public order.
• According to a global rating agency, in the Indian banking sector, non-
performing loans are likely to see an uptick and will shoot up to 11% of
gross loans in the next 12-18 months. It claimed that forbearance is
"masking" problem assets for Indian banks emerging from COVID-19, and
after the proportion of non-performing loans (NPL) to total loans has
declined steadily so far this year, financial institutions would likely have
difficulty retaining momentum.
• According to media reports, online education firm upGrad acquired The
Gate Academy for an undisclosed amount and thus made its foray into test-
preparation space.
• According to media reports, the Tata Group may acquire a majority stake in
BigBasket and the deal could be closed by the end of the month.
• Asian markets witnessed strong gains with investor sentiments buoyed by
positive results from coronavirus vaccine trails. Buying interest found
additional support after the U.S. President elect chose former U.S. Fed
Chief to be Treasury secretary. Today (as on Nov 25), Asian markets rose
following rise on the Wall Street overnight. Both Nikkei and Hang Seng rose
1.91% and 1.37%, respectively (as at 8 a.m. IST).
• European markets gained strongly as market participants bought across the
board, reacting to news about U.S. President-elect Joe Biden's transition
into office and on continued optimism about coronavirus vaccine.
Relaxation in quarantine restrictions in the UK, higher crude oil prices,
upbeat German GDP data, and a drop in new coronavirus cases in France,
further boosted sentiment.
• U.S. markets rose reacting to news about the President-elect Joe Biden's
transition to the White House. The recent encouraging updates on the
coronavirus vaccine front continued to aid sentiment.
Markets for You
FII Derivative Trade Statistics 24-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 5320.52 5247.27 16229.35
Index Options 292027.12 292788.68 85775.86
Stock Futures 36985.19 37677.27 97765.05
Stock Options 9567.60 9607.10 7039.73
Total 343900.43 345320.32 206809.99
24-Nov Prev_Day
Change
Put Call Ratio (OI) 1.78 1.57 0.22
Put Call Ratio(Vol) 1.06 1.07 -0.01
24-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 3.07% 3.12% 3.22% 5.04%
T-Repo 2.74% 2.78% 3.08% 5.04%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 2.87% 2.95% 3.14% 5.01%
364 Day T-Bill 3.40% 3.40% 3.45% 5.14%
10 Year Gilt 5.88% 5.88% 5.84% 6.50%
G-Sec Vol. (Rs.Cr) 37471 23164 60480 34718
FBIL MIBOR
[1]
3.39% 3.40% 3.45% 5.25%
3 Month CP Rate 3.20% 3.28% 3.38% 5.45%
5 Year Corp Bond 6.37% 6.44% 6.49% 7.51%
1 Month CD Rate 2.95% 2.99% 3.23% 5.16%
3 Month CD Rate 3.09% 3.10% 3.22% 5.23%
1 Year CD Rate 3.58% 3.71% 3.73% 5.81%
Currency 24-Nov Prev_Day
Change
USD/INR 73.98 74.14 -0.17
GBP/INR 98.70 98.81 -0.11
EURO/INR 87.69 88.06 -0.37
JPY/INR 0.71 0.71 -0.01
Commodity 24-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 44.68 41.22 39.63 57.63
Brent Crude($/bl) 46.05 41.65 40.85 66.07
Gold( $/oz) 1808 1879 1901 1462
Gold(Rs./10 gm) 48958 50738 51044 38157
Source: Refinitiv
[1]
Data as on 23 Nov, 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
25 November 2020
Derivative Statistics- Nifty Options
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• Nifty Nov 2020 Futures stood at 13,062.45, a premium of 7.30 points above
the spot closing of 13,055.15. The turnover on NSE’s Futures and Options
segment fell to Rs. 20,51,382.71 crore on November 24, 2020, compared
with Rs. 21,90,026.21 crore on November 23, 2020.
• The Put-Call ratio stood at 0.93 compared with the previous session’s close
of 0.91.
• The Nifty Put-Call ratio stood at 1.78 compared with the previous session’s
close of 1.57.
• Open interest on Nifty Futures stood at 14.63 million, compared with the
previous session’s close of 13.94 million.
• Bond yields fell marginally as the Reserve bank of India announced the
auction of a new 10-year bond to be held on Friday, which will lead to
readjustment of the yield curve.
• Yield on the 10-year benchmark paper (5.77% GS 2030) fell 2 bps to close at
5.88% from the previous close of 5.90% after trading in the range of 5.88%
to 5.91%.
• Reliance Industries plans to raise funds by selling commercial papers
maturing in 3 months at a coupon of 3.06% and has received commitments
worth around Rs. 1000 crore.
• Banks borrowed Rs. 34 crore on Nov 23, 2020 under the central bank’s
marginal standing facility compared with Rs. 266 crore borrowing on Nov
20, 2020.
• The Indian rupee gained for the third consecutive session against the U.S.
dollar supported by an upbeat risk appetite in the region and domestic
equities market touched new highs.
• Euro gained marginally against the greenback as U.S. President Donald
Trump accepted the transition to a Joseph Biden presidency, which may
include former Federal Reserve Chairman Janet Yellen as Treasury secretary.
• Gold prices fell as optimism over progress in COVID-19 vaccine development
and hopes for a quick transition in the U.S. Administration dampened the
safe haven appeal of the bullion.
• Survey results from ifo Institute showed that the German business climate
index fell to 90.7 in Nov 2020 from revised 92.5 in the previous month. The
decline can be attributed to the second wave of coronavirus infections
which made companies pessimistic about the future. The current conditions
index also fell to 90.0 from 90.4 in the previous month.
• Data from the Destatis showed that Germany’s economy rebounded at a
faster than expected pace in the third quarter of 2020. Gross domestic
product grew 8.5%c sequentially in the third quarter of 2020 following a
9.8% decline in the second quarter of 2020.
Markets for You
