Global Indices
Global Indices 14-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,825 1,840 -15 -0.82
Nasdaq 11,769 11,864 -95 -0.80
FTSE 5,935 5,970 -35 -0.58
Nikkei 23,627 23,602 25 0.11
Hang Seng 24,667 24,650 17 0.07
Indian Indices 14-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 40,795 40,626 169 0.42
Nifty 50 11,971 11,935 37 0.31
Nifty 100 12,039 11,996 43 0.36
Nifty 500 9,763 9,736 27 0.28
Nifty Bank 23,875 23,492 382 1.63
S&P BSE Power 1,607 1,633 -26 -1.56
S&P BSE Small Cap 14,860 14,888 -29 -0.19
S&P BSE HC 19,997 20,145 -148 -0.73
Date P/E Div. Yield P/E Div. Yield
14-Oct 29.93 0.95 34.87 1.33
Month Ago 28.43 0.99 32.79 1.47
Year Ago 26.63 1.21 26.20 1.32
Nifty 50 Top 3 Gainers
Company 14-Oct Prev_Day
% Change
Bajaj Finserv Limited 6100 5868 3.96
SBI Life Insurance Company Limite
811 787 3.06
Bajaj Finance 3372 3273 3.04
Nifty 50 Top 3 Losers Domestic News
Company 14-Oct Prev_Day
% Change
Wipro 350 376 -6.78
NTPC 79 83 -4.30
ONGC 67 69 -3.04
Advance Decline Ratio
BSE NSE
Advances 1183 809
Declines 1506 1062
Unchanged 163 108
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 35979
MF Flows** 13660
*14
th
Oct 2020; **12
th
Oct 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
7.34%
(Sep-20)
3.99%
(Sep-19)
IIP
-8.00%
(Aug-20)
-1.40%
(Aug-19)
GDP
-23.90%
(Jun-20)
5.20%
(Jun-19)
[1]
Data as on 13 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
15 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
-33.40%
(May-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
-665
1876
6.23%
(Jun-20)
• Indian equity markets closed in the green led by strong buying in the
banking and financial stocks. The financial sector went up on expectation of
a favourable judgement on interest waiver, ending the conflicting tale of
moratorium which has heavily affected the performance of the finance
sector. A supportive judgement from the Supreme Court and continuity of
the good Q2 result are expected to help India add more traction.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.42% and
0.31% to close at 40,794.74 and 11,971.05 respectively.
• The overall market breadth on BSE was weak with 1,183 scrips advancing
and 1,506 scrips declining. A total of 163 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Finance was the major gainer, up 1.68%
followed by S&P BSE Bankex, up 1.62% and S&P BSE Realty, up 1.04%. S&P
BSE Utilities was the major loser, down 1.71% followed by S&P BSE Power,
down 1.56% and S&P BSE IT, down 1.53%.
• Wholesale price index-based inflation rate accelerated for the second
consecutive month and stood at 1.32% YoY in Sep 2020 from 0.16% in the
prior month due to surge in food inflation. Food prices surged to 8.17% YoY
in during the reported month from 3.84% in the prior month due to spike in
vegetable and pulse prices. Also inflation in manufactured items also saw
rise due to increase in prices of some metals.
• Centre government allowed 20 states to borrow an additional Rs. 68,825
crore through the market to make up for the compensation shortfall due to
inadequate cess collection. Meanwhile, states like Kerala, West Bengal,
Punjab and Chhattisgarh are exploring legal options, including moving the
Supreme Court, to counter the Centre’s move.
• Union Labour and Employment Secretary said government intends to
implement new labour laws In India from Apr 1, 2021. He added, that
government has begun the process of giving shape to the rules that are to
be framed under the codes. In the new law, industries will have to file single
return to the authorities under the new labour law regime.
• The Reserve Bank of India said through frequently asked questions (FAQs)
section for one-time restructuring that, outstanding debt on the date of
invocation will be eligible for restructuring under regulatory scheme for
borrowers facing financial stress due to Covid-19 pandemic. Banks have to
invoke restructuring plans not later than Dec 31, 2020.
• Abbott, a major in healthcare, has launched next-generation heart rhythm
management devices in India. For people with irregular heart rhythms and
heart failure, the firm has launched the new Implantable Cardioverter
Defibrillator (ICD) and Cardiac Resynchronization Therapy Defibrillator
(CRT-D) products.
• Wipro’s board approved a share buyback worth Rs. 9,500 crore, having
enhanced its success on several parameters in the second quarter of FY21,
apart from providing a stronger outlook.
• Majority of the Asian markets closed in the red amid diminishing hopes of
passage of a U.S. stimulus bill after U.S. House Speaker rejected the $1.8
trillion coronavirus relief proposal from the White House, calling it
inadequate to support the pandemic-ravaged economy. Worries about the
development of a COVID-19 vaccine kept investors cautious. Today (as on
Oct 15), markets are trading lower tracking weak cues from U.S. markets.
Both Nikkei and Hang Seng are down 0.41% and 0.54% (as at 8:00 AM IST),
respectively.
• European markets largely closed in the red, dragged by concerns over
continued rise in virus cases, fresh lockdown restrictions and uncertainty
about availability of COVID-19 vaccine anytime soon.
• U.S. markets closed lower with comments from U.S. Treasury Secretary
offsetting recent optimism about a new stimulus bill.
Markets for You
FII Derivative Trade Statistics
14-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 2453.15 2512.23 12237.76
Index Options 190972.82 190917.71 77148.11
Stock Futures 12677.86 13609.27 80498.65
Stock Options 5225.64 5314.53 7982.19
Total 211329.47 212353.74 177866.71
14-Oct Prev_Day
Change
Put Call Ratio (OI) 1.42 1.40 0.02
Put Call Ratio(Vol) 0.90 0.98 -0.08
14-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 3.41% 3.44% 3.43% 5.06%
T-Repo 3.18% 3.22% 3.20% 4.59%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.23% 3.27% 3.30% 5.12%
364 Day T-Bill 3.47% 3.48% 3.60% 5.35%
10 Year Gilt 5.87% 6.01% 6.02% 6.48%
G-Sec Vol. (Rs.Cr) 22341 14517 30580 28759
FBIL MIBOR
[1]
3.68% 3.65% 3.71% 5.20%
3 Month CP Rate 3.40% 3.60% 3.55% 6.00%
5 Year Corp Bond 6.56% 6.76% 6.73% 7.55%
1 Month CD Rate 3.16% 3.25% 3.33% 4.95%
3 Month CD Rate 3.36% 3.38% 3.32% 5.06%
1 Year CD Rate 3.75% 3.77% 3.87% 6.17%
Currency 14-Oct Prev_Day
Change
USD/INR 73.46 73.38 0.08
GBP/INR 94.81 95.76 -0.95
EURO/INR 86.27 86.54 -0.27
JPY/INR 0.70 0.70 0.00
Commodity 14-Oct
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.81 39.77 37.18 53.52
Brent Crude($/bl) 41.01 40.19 38.41 59.45
Gold( $/oz) 1901 1887 1956 1493
Gold(Rs./10 gm) 50467 50069 51260 38386
Source: Refinitiv
[1]
Data as on 13 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
15 October 2020
Derivative Statistics- Nifty Options
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• Nifty Oct 2020 Futures stood at 11,982.25, a premium of 11.20 points
above the spot closing of 11,971.05. The turnover on NSE’s Futures and
Options segment rose to Rs. 23,32,584.76 crore on October 14, 2020,
compared with Rs. 15,48,921.92 crore on October 13, 2020.
• The Put-Call ratio stood at 0.85 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.42 compared with the previous session’s
close of 1.4.
• Open interest on Nifty Futures stood at 13.1 million, compared with the
previous session’s close of 13.22 million.
• Bond yields were almost steady for the second session, as market
participants awaited the Reserve Bank of India’s (RBI) open market
operation, due tomorrow.
• Yield on the 10-year benchmark paper (5.77% GS 2030) remained steady for
the second day at 5.90% from the previous close after trading in a range of
5.89% to 5.91%.
• 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 and Rs. 4,000 crore,
respectively for which the cut-off rate stood at Rs. 99.1965 (YTM: 3.2489%),
Rs. 98.3426 (YTM: 3.3799%) and Rs. 96.6505 (YTM: 3.4751%), respectively.
• Banks did not borrow under the central bank’s marginal standing facility on
Oct 12, 2020 and Oct 13, 2020.
• The Indian rupee rose against the U.S. dollar following selling of the
greenback by foreign banks. However, lack of clarity on the long-delayed
U.S. fiscal stimulus package capped the gains.
• The euro was almost steady against the greenback as persisting concerns
over COVID-19 pandemic coupled with dwindling hopes for a COVID-19
vaccine or U.S. fiscal stimulus dampened investor risk sentiment.
• Gold prices rose amid uncertainty over the upcoming U.S. Presidential
elections.
• Brent crude prices rose following weakness in the greenback.
• According to the International Monetary Fund, despite the lockdowns to
tackle the coronavirus pandemic, the global economy is set to contract less
severely than initially feared due to better than expected outcomes in the
major economies in the second quarter, but the outlook remains clouded
with uncertainty, especially for emerging markets. In its latest World
Economic Outlook, the IMF forecasted 4.4% contraction for the world
economy in 2020, which is less severe than 5.2% decline seen in Jun 2020.
• According to Eurostat, eurozone industrial production rose 0.7% MoM in
Aug 2020 as against 5% increase in Jul 2020. On a yearly basis, industrial
output fell 7.2% in Aug after falling 7.1% in Jul.
Markets for You
