Global Indices
Global Indices 25-Nov Prev_Day Abs. Change
% Change
Russell 3000 1,847 1,838 9 0.49
Nasdaq 12,094 12,037 58 0.48
FTSE 6,391 6,432 -41 -0.64
Nikkei 26,297 26,166 131 0.50
Hang Seng 26,670 26,588 82 0.31
Indian Indices 25-Nov Prev_Day Abs. Change
% Change
S&P BSE Sensex 43,828 44,523 -695 -1.56
Nifty 50 12,858 13,055 -197 -1.51
Nifty 100 12,960 13,158 -199 -1.51
Nifty 500 10,575 10,734 -159 -1.48
Nifty Bank 29,196 29,737 -541 -1.82
S&P BSE Power 1,978 2,006 -28 -1.39
S&P BSE Small Cap 16,363 16,550 -187 -1.13
S&P BSE HC 19,887 20,270 -383 -1.89
Date P/E Div. Yield P/E Div. Yield
25-Nov 31.44 0.92 35.36 1.23
Month Ago 29.54 0.99 34.37 1.33
Year Ago 28.68 1.13 28.14 1.24
Nifty 50 Top 3 Gainers
Company 25-Nov Prev_Day
% Change
ONGC 81 76 6.18
GAIL 102 100 1.99
Adani Ports & SEZ 399 392 1.71
Nifty 50 Top 3 Losers Domestic News
Company 25-Nov Prev_Day
% Change
NA 2595 2693 -3.65
Kotak Bank 1862 1925 -3.24
Axis Bank 600 620 -3.20
Advance Decline Ratio
BSE NSE
Advances 1110 651
Declines 1689 1253
Unchanged 165 109
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 106581
MF Flows** -19527
*25
th
Nov 2020; **23
rd
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 24 Nov, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
26 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
-1831
5526
6.73%
(Jul-20)
• Indian equity markets snapped the winning streak with investors booking
profit after the benchmark indices touched record high levels. Caution
ahead of the Nov F&O expiry, coupled with rising cases of COVID-19
weighed on market sentiments. Probability of partial lockdowns in some
parts of the country also kept investors wary.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.56% and 1.51%
to close at 43,828.10 and 12,858.40 respectively.
• The overall market breadth on BSE was weak with 1,110 scrips advancing
and 1,689 scrips declining. A total of 165 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Oil & Gas was the only gainer, up 0.08%.
S&P BSE Telecom was the major loser, down 2.2% followed by S&P BSE
Realty, down 2.19% and S&P BSE Bankex, down 2%.
• The Union Cabinet has approved equity infusion of Rs. 6,000 crore in NIIF
Debt Platform funded by National Investment and Infrastructure Fund. This
was informed by Information and Broadcasting Minister after the Cabinet
meeting. The plan to invest Rs. 6,000 crore in NIIF as equity is part of the
package announced earlier this month for Aatmanirbhar Bharat 3.0.
• According to a report by the Bank of America, in the second quarter, the
Indian economy is likely to have improved, with GDP coming in at -7.8%,
compared to a 24% contraction in the quarter ended June 2020. They have
maintained their previous prediction for 2020-21 of a 7.5% GDP contraction
compared to 11% earlier.
• India may continue to levy anti-dumping duties on all polyester Fully Drawn
or Fully Oriented Yarn, Spin Drawn Yarn and Flat Yarn (FDY) imported from
China for a period of five years, but may end the duty on products
originating in Thailand.
• According to media reports, L&T Construction which is a subsidiary of
Larsen & Toubro has secured a large contract to construct the country’s
longest road bridge across river Brahmaputra which will connect Dhubri in
Assam to Phulbari in Meghalaya. According to reports, the contract is worth
Rs. 2,500-5,000 crore.
• According to media reports, Shiva Cement Limited which is a subsidiary of
JSW Cement, will invest over Rs. 1,500 crore in a 1.36-million-tonne (mt)
clinker unit project that will be set up in Odisha’s Sundergarh district.
• Asian markets largely closed in the green as the development on the
COVID-19 vaccine front led to optimism over quick pace of global economic
recovery. Reports of formal start of U.S. President-elect's transition to the
White House eased some of the political uncertainty. Today (as on Nov 26),
Asian markets were mixed after minutes released from the U.S. Federal
Reserve’s Nov 2020 meeting. Both Nikkei and Hang Seng rose 0.31% and
0.07%, respectively (as at 8 a.m. IST).
• European markets remained mixed as the euphoria over recent positive
news on the vaccine front and U.S. President-elect Joe Biden's transition to
White House faded to some extent.
• U.S. markets also showed a mixed performance due to some profit booking
after gains on Tuesday. However, recent upbeat coronavirus vaccine news
kept selling pressure relatively subdued.
Markets for You
FII Derivative Trade Statistics 25-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 7287.52 7316.62 17296.86
Index Options 219053.08 216509.15 94745.94
Stock Futures 44495.80 45403.30 98604.19
Stock Options 6918.77 7231.34 7010.46
Total 277755.17 276460.41 217657.45
25-Nov Prev_Day
Change
Put Call Ratio (OI) 1.27 1.78 -0.52
Put Call Ratio(Vol) 1.03 1.06 -0.03
25-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 3.12% 3.13% 3.22% 5.04%
T-Repo 2.67% 2.68% 3.08% 5.00%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 2.93% 2.85% 3.14% 4.97%
364 Day T-Bill 3.39% 3.40% 3.45% 5.12%
10 Year Gilt 5.89% 5.88% 5.84% 6.47%
G-Sec Vol. (Rs.Cr) 42649 22121 60480 30325
FBIL MIBOR
[1]
3.39% 3.39% 3.45% 5.25%
3 Month CP Rate 3.20% 3.25% 3.38% 5.45%
5 Year Corp Bond 6.38% 6.44% 6.49% 7.44%
1 Month CD Rate 2.90% 2.94% 3.23% 5.17%
3 Month CD Rate 2.95% 3.02% 3.22% 5.17%
1 Year CD Rate 3.64% 3.69% 3.73% 5.94%
Currency 25-Nov Prev_Day
Change
USD/INR 73.98 73.98 0.00
GBP/INR 98.69 98.70 0.00
EURO/INR 87.99 87.69 0.30
JPY/INR 0.71 0.71 0.00
Commodity 25-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 45.55 41.62 39.63 57.74
Brent Crude($/bl) 46.07 42.46 40.85 66.26
Gold( $/oz) 1805 1871 1901 1455
Gold(Rs./10 gm) 48947 50738 51044 37862
Source: Refinitiv
[1]
Data as on 24 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
26 November 2020
Derivative Statistics- Nifty Options
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• Nifty Nov 2020 Futures stood at 12,859.15, a premium of 0.75 points above
the spot closing of 12,858.40. The turnover on NSE’s Futures and Options
segment rose to Rs. 38,91,689.92 crore on November 25, 2020, compared
with Rs. 20,51,382.71 crore on November 24, 2020.
• The Put-Call ratio remained unchanged compared with the previous
session’s close of 0.93.
• The Nifty Put-Call ratio stood at 1.27 compared with the previous session’s
close of 1.78.
• Open interest on Nifty Futures stood at 14.25 million, compared with the
previous session’s close of 14.63 million.
• Bond yields were little changed as market participants remained on the
sidelines ahead of India’s Gross Domestic Product (GDP) for the Sep quarter
of 2020 and the auction of a new 10-year bond on Friday.
• Yield on the 10-year benchmark paper (5.77% GS 2030) inched up 1 bps to
close at 5.89% from the previous close of 5.88% after trading in the range
of 5.87% to 5.89%.
• RBI conducted the auction of 91 days, 182 days and 364 days Treasury Bills
for a notified amount of Rs. 9,000 crore Rs. 3,000 crore Rs. 4,000 crore,
respectively, which were fully accepted. The cut-off stood Rs. 99.2750 (YTM:
2.93%), Rs. 98.4005 (YTM: 3.26%) and Rs. 96.7253 (YTM: 3.39%).
• Banks borrowed Rs. 44 crore on Nov 24, 2020 under the central bank’s
marginal standing facility compared with Rs. 34 crore borrowing on Nov 23,
2020.
• The Indian rupee gained for the fourth straight session against the U.S.
dollar, tracking gains in most regional currencies amid broad decline in
greenback. However, intervention by the Reserve Bank of India through
dollar purchases by state-run banks restricted gains.
• Euro rose marginally against the U.S. dollar on progress in developing a
covid-19 vaccine along with anticipation for a fiscal boost from a new U.S.
government.
• Gold prices rose as market participants resorted to bargain hunting.
However, expectations that coronavirus vaccines will spur economic
recovery capped the gains.
• Brent crude prices rose on hopes that a COVID-19 vaccine will improve the
demand outlook of the commodity.
• According to the European Central Bank, banks may need more money to
make provision for higher loan loss. Losses on loans is expected to rise on
account of missed payments and rising number of corporate defaults.
• Data from the Statistics Denmark showed that retail sales in Denmark grew
for the first time in four months in Oct 2020. Retail sales rose a seasonally
adjusted 8.2% on a monthly basis in Oct 2020 following a 1.1% fall in Sep
2020.
• Data from the Bank of Japan showed that Japan's services producer prices
declined in Oct 2020. The services producer price index fell 0.6% on a yearly
basis in Oct 2020 following a 1.4% rise in Sep 2020. On a monthly basis.
Producer price inflation eased 0.1% in Oct 2020 following a increase of 0.2%
in the previous month.
Markets for You
