Global Indices
Global Indices 26-Nov Prev_Day Abs. Change
% Change
Russell 3000
[1]
1,847 1,838 9 0.49
Nasdaq
[1]
12,094 12,037 57 0.47
FTSE 6,363 6,391 -28 -0.44
Nikkei 26,537 26,297 240 0.91
Hang Seng 26,819 26,670 150 0.56
Indian Indices 26-Nov Prev_Day Abs. Change
% Change
S&P BSE Sensex 44,260 43,828 432 0.98
Nifty 50 12,987 12,858 129 1.00
Nifty 100 13,088 12,960 128 0.99
Nifty 500 10,674 10,575 99 0.94
Nifty Bank 29,550 29,196 353 1.21
S&P BSE Power 1,993 1,978 14 0.73
S&P BSE Small Cap 16,480 16,363 117 0.71
S&P BSE HC 20,123 19,887 236 1.19
Date P/E Div. Yield P/E Div. Yield
26-Nov 31.65 0.91 35.71 1.22
Month Ago 29.13 1.01 33.95 1.35
Year Ago 28.70 1.13 28.05 1.24
Nifty 50 Top 3 Gainers
Company 26-Nov Prev_Day
% Change
JSW Steel 362 338 7.02
Tata Steel 569 541 5.20
Grasim Indus 880 843 4.38
Nifty 50 Top 3 Losers Domestic News
Company 26-Nov Prev_Day
% Change
Eicher Motors 2554 2595 -1.57
Maruti 7004 7056 -0.73
BPCL 380 382 -0.67
Advance Decline Ratio
BSE NSE
Advances 1732 1255
Declines 1022 622
Unchanged 186 140
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 105243
MF Flows** -19527
*26
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 25 Nov, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
27 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
-1338
6.73%
(Jul-20)
• Indian equity markets managed to close in the green amid volatility owing
to expiry of Nov F&O. Investors keenly awaited the Q2 GDP data,
anticipating improvement on QoQ basis. Optimism over availability of the
COVID-19 vaccine in early 2021 also buoyed market sentiments.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.98% and 1%
to close at 44,259.74 and 12,987.00 respectively.
• The overall market breadth on BSE was strong with 1,732 scrips advancing
and 1,022 scrips declining. A total of 186 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 4.13%
followed by S&P BSE Basic Materials, up 2.18% and S&P BSE Finance, up
1.47%. S&P BSE Oil & Gas was the only loser, down 0.23%.
• The Chief of SEBI launched the Securities Market Trainers (SMARTs)
program, a new initiative to enhance investor knowledge and awareness.
The Chairman of Sebi also raised concerns about the complicated
distribution of active investors across the country and said that the SMART
programme would seek to resolve this issue by increasing the outreach of
investors in far-flung areas.
• SEBI has decided to relax some regulatory restrictions introduced in Mar
2020 in order to minimise the spike in market volatility following the sell-off
caused by the spread of Covid-19. SEBI announced that the steps taken
with regard to stock futures and options and the rise in the margin for cash
market non-F&O stocks will be removed as from Nov 26.
• According to a research report by the Morgan Stanley, RBI is set to stay
away from tampering with the rates. According to the report, RBI is
expected to keep rates on hold as it continues to maintain its
accommodative stance. This is on the back of a sticky inflation trend and
sustained high-frequency data recovery that is in line with our expectation
of positive economic growth from QE Dec.
• The Governor of RBI said that capital account convertibility will be a
continued process, rather than an event, even as the country has
progressed quite considerably in its search towards complete convertibility
and internationalisation of its financial markets.
• According to media reports, Dewan Housing Finance Ltd (DHFL) has posted
a net loss of Rs. 2,122.65 crore in the quarter ended Sep, 2020 as compared
with a net loss of Rs 6,640.62 crore in the same period of the previous year.
The auditors of the company noted that the ability of the company to
continue as a going concern will depend upon the outcome of the ongoing
corporate insolvency resolution process.
• According to media reports, Wistron, which makes iPhones for Apple in
India, has proposed to increase its investments by Rs. 900 crore at its facility
in Narasapura which is around 70 km from Bengaluru.
• Asian markets largely remained positive, led by optimism over a third
potential vaccine and reports by WHO showing that the signs that the
COVID-19 infection rate has slowed down in Europe. Nonetheless,
unexpected uptick in U.S. jobless claims restricted the gains. Today (as on
Nov 27), Asian markets were mixed as investors await data on China’s
industrial profits for Oct 2020. While Nikkei rose 0.41%, Hang Seng fell
0.29% (as at 8 a.m. IST).
• European markets were mostly little changed as market participants largely
stayed cautious and refrained from taking significant positions due to
absence of fresh triggers.
• U.S. markets are closed on Thursday due to Thanksgiving Day holiday.
Markets for You
FII Derivative Trade Statistics 26-Nov
(Rs Cr) Buy
Sell Open Int.
Index Futures 9103.25 10906.08 16496.28
Index Options 503834.13 503802.13 102042.41
Stock Futures 34466.15 33218.59 96032.33
Stock Options 5084.01 5173.97 5879.63
Total 552487.54 553100.77 220450.65
26-Nov Prev_Day
Change
Put Call Ratio (OI) 1.34 1.27 0.07
Put Call Ratio(Vol) 0.93 1.03 -0.10
26-Nov Wk. Ago Mth. Ago
Year Ago
Call Rate 3.13% 3.15% 3.21% 5.04%
T-Repo 2.68% 2.60% 3.04% 4.98%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 2.90% 2.95% 3.17% 4.97%
364 Day T-Bill 3.38% 3.41% 3.45% 5.14%
10 Year Gilt 5.87% 5.88% 5.82% 6.48%
G-Sec Vol. (Rs.Cr) 33031 29919 54453 27127
FBIL MIBOR
[1]
3.39% 3.40% 3.47% 5.25%
3 Month CP Rate 3.15% 3.18% 3.35% 5.45%
5 Year Corp Bond 6.38% 6.42% 6.49% 7.53%
1 Month CD Rate 2.82% 2.84% 3.17% 5.11%
3 Month CD Rate 3.25% 2.97% 3.20% 5.23%
1 Year CD Rate 3.60% 3.68% 3.73% 5.93%
Currency 26-Nov Prev_Day
Change
USD/INR 73.83 73.98 -0.15
GBP/INR 98.86 98.69 0.17
EURO/INR 88.08 87.99 0.09
JPY/INR 0.71 0.71 0.00
Commodity 26-Nov Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl)
[1]
45.55 41.55 38.37 58.20
Brent Crude($/bl) 45.64 42.39 38.43 66.29
Gold( $/oz) 1811 1867 1902 1461
Gold(Rs./10 gm) 48965 50141 51048 37799
Source: Refinitiv
[1]
Data as on 25 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
27 November 2020
Derivative Statistics- Nifty Options
Disclaimer:
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• Nifty Nov 2020 Futures settled at spot closing of 12,987.00. Nifty Dec 2020
Futures stood at 13,041.60, a premium of 54.6 points, above the spot
closing. The turnover on NSE’s Futures and Options segment rose to Rs.
72,57,499.09 crore on November 26, 2020, compared with Rs. 38,91,689.92
crore on November 25, 2020.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.93.
• The Nifty Put-Call ratio stood at 1.34 compared with the previous session’s
close of 1.27.
• Open interest on Nifty Futures stood at 15.31 million, compared with the
previous session’s close of 14.25 million.
• Bond yields fell marginally after the Reserve Bank of India (RBI) purchased
securities through special open market operation (OMO). Meanwhile market
participants awaits the auction of the new 10-year government security on
Friday.
• Yield on the 10-year benchmark paper (5.77% GS 2030) fell 2 bps to close at
5.87% from the previous close of 5.89% after trading in the range of 5.87%
to 5.88%.
• RBI announced the auction of state development loans of 9 states
governments for a notified amount of Rs. 10,930 crore. Gujarat and
Telangana opted for additional borrowing (Green shoe) of Rs. 500 crore and
250 crore, respectively.
• Banks did not borrowed on Nov 25, 2020 under the central bank’s marginal
standing facility compared with Rs. 44 crore borrowing on Nov 24, 2020.
• The Indian rupee remained almost steady against the U.S. dollar as
intervention by Reserve Bank of India (RBI) through dollar purchases by
state-run banks’ set-off the impact of positive regional cues and a broad fall
in greenback.
• After briefly hitting a near three-month high, the euro fall against the
greenback as worries about increasing covid-19 cases in Europe grew.
• Gold prices rose after initial jobless claims in U.S. rose for the week ended
Nov 21, 2020.
• Brent crude prices fell amid persisting concerns over COVID-19 pandemic.
• The U.K. Chancellor of the Exchequer warned that the U.K. economy may
face the worst economic contraction in over 300 years which it attributed to
the COVID-19 pandemic.
• Data from the U.S. Labour Department showed that initial jobless claims in
U.S. for the week ended Nov 21 increased 30,000 to 778,000 from the
previous week's revised level of 748,000 (742,000 originally reported for the
previous week).
• Data from the U.S. Commerce Department showed that durable goods
orders in U.S. increased 1.3% in Oct 2020 after increasing 2.1% in Sep 2020.
Orders for non-defense capital goods excluding aircraft also rose 0.7% in
Oct 2020 following a 1.9% rise in Sep 2020.
Markets for You
