Global Indices
Global Indices 07-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,769 1,736 33 1.90
Nasdaq 11,365 11,155 210 1.88
FTSE 5,946 5,950 -4 -0.06
Nikkei 23,423 23,434 -11 -0.05
Hang Seng 24,243 23,981 262 1.09
Indian Indices 07-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 39,879 39,575 304 0.77
Nifty 50 11,739 11,662 76 0.66
Nifty 100 11,834 11,771 63 0.54
Nifty 500 9,655 9,622 32 0.33
Nifty Bank 22,965 22,854 111 0.49
S&P BSE Power 1,634 1,657 -23 -1.41
S&P BSE Small Cap 15,049 15,110 -61 -0.40
S&P BSE HC 20,207 20,214 -7 -0.03
Date P/E Div. Yield P/E Div. Yield
7-Oct 29.13 0.98 34.12 1.35
Month Ago 28.10 1.00 32.55 1.48
Year Ago 26.25 1.23 25.64 1.35
Nifty 50 Top 3 Gainers
Company 07-Oct Prev_Day
% Change
Titan Industries Limited 1254 1200 4.50
Bajaj Auto 3077 2972 3.54
Hero Moto 3234 3136 3.10
Nifty 50 Top 3 Losers Domestic News
Company 07-Oct Prev_Day
% Change
Bajaj Finance 3331 3474 -4.12
BPCL 342 352 -2.78
Tata Motors 141 145 -2.59
Advance Decline Ratio
BSE NSE
Advances 1047 723
Declines 1640 1182
Unchanged 186 109
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 31345
MF Flows** 17914
*7
th
Oct 2020; **1
st
Oct 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.69%
(Aug-20)
3.28%
(Aug-19)
IIP
-10.39%
(Jul-20)
4.90%
(Jul-19)
GDP
-23.90%
(Jun-20)
5.20%
(Jun-19)
[1]
Data as on 06 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
08 October 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
-57.30%
(Apr-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
132
1061
6.27%
(May-20)
• Indian equity markets went up with investors taking positive cues from
private survey results showing improvement in the domestic service sector
to 49.8 in Sep from 41.8 in Aug. Nonetheless, the recovery is still weak as
compared to the manufacturing sector which has been posting a smart
recovery as signalled by the manufacturing PMI. Buying interest found
underlying support after national recovery rate from COVID-19 has jumped
past 85% with the continuous streak of high number of recovered cases
being reported in the past few weeks.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.77% and
0.66% to close at 39,878.95 and 11,738.85 respectively.
• The overall market breadth on BSE was weak with 1,047 scrips advancing
and 1,640 scrips declining. A total of 186 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Consumer Durables was the major
gainer, up 1.74% followed by S&P BSE Energy, up 1.57% and S&P BSE Auto,
up 1.37%. S&P BSE Metal was the major loser, down 2.97% followed by S&P
BSE Realty, down 1.6% and S&P BSE Power, down 1.41%.
• The states' market borrowings surged 55% to Rs. 3.75 lakh crore so far in
FY21, or 75% of the budgeted amount. Rising expenses and falling revenue
have been leading states into a debt trap after the pandemic ruined their
finances since the beginning of the fiscal.
• The government launched a new model of granting marketing and pricing
freedom for natural gas producers in India. Union Cabinet also cleared a
standardised e-bidding process for price discovery from new production
areas and high-pressure and high-temperature areas. Minister of petroleum
and natural gas, this will be a major step towards ease of doing business
measures taken by the government.
• Under the Production Linked Incentive plan, central government approved
16 proposals, which is expected to see Rs. 11,000-crore of investments in
local electronics manufacturing. In turn, this would imply production worth
Rs. 10.5 lakh crore over the next five years, giving a fillip to Make in India
and Atma Nirbhar Bharat schemes. Ministry of Electronics and Information
Technology said total of Rs. 6.5 lakh crore worth of electronic goods will be
exported by 2025.
• A report by FIS Global, India’s real-time payments stood at 4.1 crore
transactions per day. Real-time payments doubled in 2020 and transaction
value jumped by 80%, indicating that the coronavirus pandemic has
accelerated digital usage in the country. India witnessed 213% YoY growth
in real-time payments processed.
• Tata Consultancy Services (TCS) reported a 7% year-on-year (YoY) fall in its
net profit or profit after tax (PAT) at Rs 7,475 crore for the quarter ended
Sep 30, 2020. TCS reported a net profit of Rs. 8,042 crore in the same
period of the previous year.
• According to media reports, Amazon India has partnered with Indian
Railway Catering and Tourism Corporation (IRCTC) to provide their
customers with the facility to book reserved train tickets on its platform.
• Asian markets largely closed in the green with investors taking positive cues
from fresh fiscal stimulus measures announced by the Australian
government, thereby pushing the budget deficit to a record level to lift the
economy out of recession. However, gains remained restricted by U.S.
President’s decision to halt negotiations with Democrats over additional
COVID-19 stimulus. Today (as on Oct 8), markets are trading higher,
supported by overnight gains in U.S. markets. Both Nikkei and Hang Seng
are up 0.55% and 0.08% (as at 8:00 AM), respectively.
• European markets witnessed mixed trend as investors continued to track
development on the U.S. stimulus measures. Buying interest was also
affected by updates on coronavirus spread as French government has
placed Paris on maximum COVID-19 alert.
• U.S. markets closed higher on hopes of small aid package soon after U.S.
President called off negotiation over broad relief package.
Markets for You
FII Derivative Trade Statistics
07-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 2779.05 3293.00 8546.33
Index Options 193090.91 192323.28 66433.36
Stock Futures 12788.21 12913.59 78491.95
Stock Options 4095.66 4150.27 5202.30
Total 212753.83 212680.14 158673.94
07-Oct Prev_Day
Change
Put Call Ratio (OI) 1.58 1.57 0.01
Put Call Ratio(Vol) 0.95 0.93 0.02
07-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 3.44% 3.43% 3.42% 5.12%
T-Repo 3.22% 3.21% 3.12% 4.81%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.27% 3.25% 3.20% 5.20%
364 Day T-Bill 3.48% 3.65% 3.57% 5.36%
10 Year Gilt 6.01% 6.01% 5.96% 6.48%
G-Sec Vol. (Rs.Cr) 14517 29903 30705 27528
FBIL MIBOR
[1]
3.70% 3.79% 3.77% 5.21%
3 Month CP Rate 3.60% 3.55% 3.45% 6.05%
5 Year Corp Bond 6.76% 6.71% 6.67% 7.46%
1 Month CD Rate 3.25% 3.19% 3.16% 5.14%
3 Month CD Rate 3.38% 3.39% 3.33% 5.31%
1 Year CD Rate 3.77% 3.94% 3.81% 6.19%
Currency 07-Oct Prev_Day
Change
USD/INR 73.36 73.37 -0.01
GBP/INR 94.63 95.28 -0.65
EURO/INR 86.16 86.44 -0.28
JPY/INR 0.69 0.69 0.00
Commodity 07-Oct
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 39.77 40.00 39.04 52.71
Brent Crude($/bl) 40.19 40.18 40.04 60.35
Gold( $/oz) 1887 1885 1929 1493
Gold(Rs./10 gm) 50069 50325 51008 38043
Source: Refinitiv
[1]
Data as on 06 Oct, 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
08 October 2020
Derivative Statistics- Nifty Options
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• Nifty Oct 2020 Futures stood at 11,750.90, a premium of 12.05 points
above the spot closing of 11,738.85. The turnover on NSE’s Futures and
Options segment rose to Rs. 23,42,833.63 crore on October 07, 2020,
compared with Rs. 16,55,525.41 crore on October 06, 2020.
• The Put-Call ratio remained unchanged compared with the previous
session’s close of 0.88.
• The Nifty Put-Call ratio stood at 1.58 compared with the previous session’s
close of 1.57.
• Open interest on Nifty Futures stood at 11.72 million, compared with the
previous session’s close of 11.32 million.
• Bond yields fell on hopes that the Reserve Bank of India may announce
some measures for improving the appetite for government securities either
via special OMOs or outright OMOs in its upcoming monetary policy review
on Oct 9, 2020.
• Yield on the 10-year benchmark paper (5.77% GS 2030) fell 2 bps to close at
6.01% compared to the previous close of 6.03% after trading in a range of
6.01% to 6.02%.
• Banks did not borrow under the central bank’s marginal standing facility on
Oct 06, 2020 compared to that of Oct 5, 2020 when banks borrowed Rs. 121
crore.
• The Indian rupee gained against the U.S. dollar due to dollar sales on
anticipation that investment flows will increase in the coming sessions. The
rupee rose 0.16% to close at 73.34 per dollar from the previous close of
73.45.
• Euro rose against the U.S. dollar as market participants looked ahead to a
possible Democrat victory at the Nov 3 U.S. Presidential election.
• Gold prices rose after the U.S. President suggested new payroll assistance to
U.S. passenger airlines.
• Brent crude prices fell after U.S. oil stockpiles rose by 951,000 barrels in the
week ended Oct 2, 2020.
• The World Trade Organization (WTO) warned of downside risks from the
resurgence of COVID-19 pandemic over the coming months. According to
WTO, the volume of world merchandise trade is set to decline 9.2% this year
which is much less than the earlier estimation of a 12.9% slump.
• Data from statistical office ISTAT showed that Italy's retail sales rose in Aug
2020 after falling in the previous month. Retail sales rose a seasonally
adjusted 8.2% on a monthly basis in Aug 2020 following a 6.0% fall in Jul
2020.
• Data from Destatis showed that Germany's industrial output declined
unexpectedly in Aug 2020. Industrial production fell 0.2% on a monthly
basis in Aug 2020 following a 1.4% rise in Jul 2020.
Markets for You
