Global Indices
Global Indices 15-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,816 1,825 -9 -0.47
Nasdaq 11,714 11,769 -55 -0.47
FTSE 5,833 5,935 -103 -1.73
Nikkei 23,507 23,627 -120 -0.51
Hang Seng 24,159 24,667 -509 -2.06
Indian Indices 15-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 39,728 40,795 -1,066 -2.61
Nifty 50 11,680 11,971 -291 -2.43
Nifty 100 11,758 12,039 -281 -2.33
Nifty 500 9,550 9,763 -213 -2.19
Nifty Bank 23,072 23,875 -802 -3.36
S&P BSE Power 1,592 1,607 -15 -0.94
S&P BSE Small Cap 14,644 14,860 -216 -1.45
S&P BSE HC 19,653 19,997 -343 -1.72
Date P/E Div. Yield P/E Div. Yield
15-Oct 29.10 0.98 34.03 1.36
Month Ago 28.59 0.98 33.03 1.42
Year Ago 26.73 1.21 26.40 1.31
Nifty 50 Top 3 Gainers
Company 15-Oct Prev_Day
% Change
Asian Paints 2090 2071 0.92
JSW Steel 292 291 0.31
Hero Moto 3314 3311 0.11
Nifty 50 Top 3 Losers Domestic News
Company 15-Oct Prev_Day
% Change
Bajaj Finance 3215 3372 -4.66
Tech Mahindra 812 849 -4.29
IndusInd Bank 598 623 -3.96
Advance Decline Ratio
BSE NSE
Advances 796 483
Declines 1843 1433
Unchanged 151 89
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 37128
MF Flows** 13660
*15
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 14 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
16 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
1149
6.23%
(Jun-20)
• Weak global cues kept domestic equity markets under pressure. Bourses
were hit after a record number of new coronavirus infections in parts of
Europe led investors to shift away from risky assets to traditional safe
havens such as gold and the Japanese yen. Fading hope of U.S. stimulus
prior to Presidential election in Nov too contributed to the weakness.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 2.61% and 2.43%
to close at 39,728.41 and 11,680.35 respectively.
• The overall market breadth on BSE was weak with 796 scrips advancing and
1,843 scrips declining. A total of 151 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Telecom was the major
loser, down 3.54%, followed by S&P BSE Bankex and S&P BSE Energy, down
3.31% and 3.1%, respectively. S&P BSE Finance and S&P BSE Teck lost
2.86% and 2.75% respectively.
• India’s trade deficit plunged to $2.72 billion in in Sep 2020 from $11.67
billion in the year-ago period due to fall in imports and also rise in exports.
Exports increased 5.99% YoY to $27.58 billion while imports fell 19.60% to
$30.31 billion in Sep 2020. Oil and non-oil imports plummeted 35.88% YoY
and 14.43% to $5.83 billion and $24.48 billion, respectively.
• Finance Ministry said the central government will borrow Rs. 1.1 lakh crore
as a back-to-back loan in lieu of Goods and Services tax (GST) compensation
cess releases to states. Ministry clarified that the States + Centre
borrowings will not increase by this move.
• The Reserve Bank of India (RBI) conducted the first outright open market
operation (OMO) of FY21 and received bids of more than five times the
notified amount of Rs. 20,000 crore buying four securities. The central bank
had cancelled one OMO of Rs. 10,000 crore in Sep 2020.
• The food ministry said about 62.42 lakh tonne of kharif paddy worth Rs.
11,785 crore was purchased at the minimum support price (MSP) from 5.33
lakh farmers in the last 19 days.
• Adani Green Energy announced that it has transferred the 205 megawatt
(MW) solar assets of its newly acquired Essel Group to its Complete joint
venture. At an enterprise value of Rs. 1,632 crore, the JV company has
completed this transition of the properties.
• Canara Bank could become the first bank in the public sector to raise equity
capital in FY21 as its planning to raise up to Rs. 2,000 crore through a
qualified institutional placement (QIP) as early as Dec 2020.
• Asian markets closed in the red as fresh lockdown restrictions in parts of
Europe, fading hopes of U.S. fiscal stimulus, Brexit woes, the U.S.-China
tussle dented the risk appetite of the investors. Today (as on Oct 16),
markets are witnessing mixed trend in initial trade following overnight
weak cues from U.S. and European markets. While Nikkei is trading flat,
Hang Seng is up 0.15% (as at 8:00 AM).
• European markets closed sharply lower amid fading hopes of a U.S.
stimulus before the U.S. Presidential election, and fresh lockdown
restrictions across Europe due to spikes in coronavirus infections.
• U.S. markets closed in the red after official data showed an unexpected
increase in first-time claims for U.S. unemployment benefits in the week to
Oct 10. Uncertainty about a new stimulus bill also dented market
sentiments.
Markets for You
FII Derivative Trade Statistics
15-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 3530.49 4244.08 12106.65
Index Options 261880.03 259410.49 79015.76
Stock Futures 13344.76 13974.62 80572.77
Stock Options 6308.57 6241.82 8212.17
Total 285063.85 283871.01 179907.35
15-Oct Prev_Day
Change
Put Call Ratio (OI) 0.99 1.42 -0.43
Put Call Ratio(Vol) 0.83 0.90 -0.07
15-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 3.40% 3.43% 3.41% 5.05%
T-Repo 3.15% 3.22% 3.21% 4.60%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.22% 3.25% 3.32% 5.08%
364 Day T-Bill 3.46% 3.45% 3.53% 5.34%
10 Year Gilt 5.89% 6.01% 5.97% 6.49%
G-Sec Vol. (Rs.Cr) 32612 17845 32219 34075
FBIL MIBOR
[1]
3.63% 3.69% 3.71% 5.22%
3 Month CP Rate 3.40% 3.60% 3.55% 5.90%
5 Year Corp Bond 6.54% 6.79% 6.78% 7.50%
1 Month CD Rate 3.20% 3.29% 3.31% 4.87%
3 Month CD Rate 3.28% 3.37% 3.29% 5.53%
1 Year CD Rate 3.75% 3.78% 3.87% 6.15%
Currency 15-Oct Prev_Day
Change
USD/INR 73.27 73.46 -0.19
GBP/INR 95.26 94.81 0.45
EURO/INR 86.09 86.27 -0.19
JPY/INR 0.70 0.70 0.00
Commodity 15-Oct
Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.79 40.99 38.24 52.76
Brent Crude($/bl) 40.33 41.55 38.98 59.73
Gold( $/oz) 1908 1893 1956 1481
Gold(Rs./10 gm) 50476 50180 51915 38534
Source: Refinitiv
[1]
Data as on 14 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
16 October 2020
Derivative Statistics- Nifty Options
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• Nifty Oct 2020 Futures stood at 11,685.55, a premium of 5.20 points above
the spot closing of 11,680.35. The turnover on NSE’s Futures and Options
segment rose to Rs. 58,24,762.54 crore on October 15, 2020, compared
with Rs. 23,32,584.76 crore on October 14, 2020.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.85.
• The Nifty Put-Call ratio stood at 0.99 compared with the previous session’s
close of 1.42.
• Open interest on Nifty Futures stood at 13.23 million, compared with the
previous session’s close of 13.1 million.
• Bond yields eased marginally as market participants anticipate that the
Reserve Bank of India’s (RBI) bond purchases to ease debt supply pressure in
the coming weeks.
• Yield on the 10-year benchmark paper (5.77% GS 2030) remained steady for
the third consecutive day at 5.90% from the previous close after trading in a
range of 5.89% to 5.91%.
• RBI conducted the auction of open market operations (OMO) purchase of
Rs. 20,000 crore, which were completely accepted. Securities consists of -
6.97% GS 2026, 7.17% GS 2028, 5.79% GS 2030 and 7.57% GS 2033 whose
cut-off yield stood at 5.56%, 5.90%, 5.86% and 6.32%, respectively.
• Banks did not borrow under the central bank’s marginal standing facility on
Oct 13, 2020 and Oct 14, 2020.
• The Indian rupee fell against the U.S. dollar following losses in the
domestic equity market and dollar demand from importers. Dwindling
hopes of another U.S. fiscal stimulus package before the U.S. Presidential
elections also weighed on the market sentiment.
• Th
e euro weakened against the greenback after some European countries
put in place new restrictions to combat the COVID-19 pandemic.
• Go
ld prices rose after the U.S. President reignited hopes of a coronavirus
stimulus package.
• Brent crude prices fell after some European countries put in place new
restrictions to combat the COVID-19 pandemic.
• According to data from the National Bureau of Statistics, China’s consumer
prices rose 1.7% YoY in Sep 2020 as against 2.4% rise in Aug 2020. At the
same time, core inflation, which excludes food and energy prices, held
steady at 0.5% in Sep.
• According to the Credit Conditions Survey by the Bank of England, British
lenders expect loan defaults to rise in the fourth quarter. Lenders
announced that in the third quarter, the default rates on secured household
loans remained unchanged, but were expected to rise in the fourth quarter.
While, in the third quarter, default rates for total unsecured loans decreased
but were expected to increase in the quarter ahead.
Markets for You
