Global Indices
Global Indices 16-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,812 1,816 -4 -0.24
Nasdaq 11,672 11,714 -42 -0.36
FTSE 5,920 5,833 87 1.49
Nikkei 23,411 23,507 -97 -0.41
Hang Seng 24,387 24,159 228 0.94
Indian Indices 16-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 39,983 39,728 255 0.64
Nifty 50 11,762 11,680 82 0.70
Nifty 100 11,843 11,758 85 0.72
Nifty 500 9,626 9,550 76 0.80
Nifty Bank 23,533 23,072 461 2.00
S&P BSE Power 1,616 1,592 23 1.47
S&P BSE Small Cap 14,787 14,644 143 0.97
S&P BSE HC 19,916 19,653 263 1.34
Date P/E Div. Yield P/E Div. Yield
16-Oct 29.17 1.01 34.13 1.35
Month Ago 28.80 0.98 33.26 1.41
Year Ago 26.85 1.20 26.48 1.30
Nifty 50 Top 3 Gainers
Company 16-Oct Prev_Day
% Change
JSW Steel 311 292 6.69
Tata Steel 394 374 5.34
BPCL 340 327 4.07
Nifty 50 Top 3 Losers Domestic News
Company 16-Oct Prev_Day
% Change
United Phos 467 507 -7.82
HCL Tech 827 860 -3.82
M&M 607 617 -1.73
Advance Decline Ratio
BSE NSE
Advances 1455 1139
Declines 1183 730
Unchanged 173 130
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 36835
MF Flows** 13660
*16
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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
19 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
-293
6.23%
(Jun-20)
• Indian equity markets rose on the last trading day of the week following
value buying after a steep selloff in the previous session. Nonetheless,
gains were capped as prospects for a new fiscal stimulus package in U.S.
remained dim and coronavirus cases continued to rise in Europe.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.64% and 0.7%
to close at 39,982.98 and 11,762.45 respectively.
• The overall market breadth on BSE was strong with 1,455 scrips advancing
and 1,183 scrips declining. A total of 173 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Metal was the major gainer, up 3.7%
followed by S&P BSE Realty, up 2.6% and S&P BSE Bankex, up 1.95%. S&P
BSE Energy was the only loser, down 0.82%.
• Global rating agency Moody’s said India’s two rounds of fiscal stimulus that
stood at just 1.2% of its gross domestic product (about Rs. 2.4 lakh crore), is
way below the average of about 2.5% for similar-rated peers to fight the
Covid-19 pandemic.
• Prime Minister said that minimum support price (MSP) and government
procurement are important parts of the country’s food security, and it is
important that the same continues to function with better facilities and in a
scientific way.
• According to the RBI data, India’s foreign exchange reserves surged by
$5.87 billion to reached record high of $551.51 billion on account of rise in
foreign currency assets in the week ended Oct 9, 2020.
• Agriculture Minister said, foodgrain output is projected at record 144.52
million tonnes in the FY21 kharif season notwithstanding COVID-19 crisis
compared with 143.38 million tonnes in FY20 kharif season. Production of
cash crops such as sugarcane and cotton is also expected to be good, he
said.
• HCL Technologies reported rise in 18.5% for the quarter ended Sep 2020 to
Rs. 3,142 crore as against profit of Rs. 2,651 crore in quarter ended Sep
2019. Its revenue grew 6.1% to Rs. 18,594 crore in the quarter ended Sep
2020 from Rs. 17,528 crore in same quarter last year.
• Pfizer Inc plans to provide safety data and the Covid-19 vaccine
authorisation file that it is creating with German partner BioNTech at the
end of Nov 2020, if it receives positive data on the efficacy and safety of
late-stage clinical trials.
• Asian markets largely remained under pressure amid uncertainty about new
U.S. fiscal stimulus coupled with the resurgence in coronavirus cases in
Europe, which stoked concerns about a global economic recovery.
Nonetheless, investors remained optimistic ahead of the release of third-
quarter China’s GDP data, scheduled later during the month. Today (as on
Oct 19), markets are largely trading higher as investors are awaiting China’s
GDP data for the third quarter, as well as industrial production and retail
sales data for Sep. Both Nikkei and Hang Seng are up 1.03% and 0.73% (as
at 8:00 AM IST), respectively.
• European markets went up amid renewed optimism about a potential
coronavirus vaccine and on bargain hunting at some key counters across
various sectors.
• U.S. markets largely closed on a positive note as better than expected U.S.
retails sales number and upbeat consumer sentiment data for Oct
outweighed concerns regarding lingering uncertainty about a new stimulus
bill.
Markets for You
FII Derivative Trade Statistics
16-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 5820.83 5928.10 11949.15
Index Options 567108.24 565783.39 66885.49
Stock Futures 15853.80 15632.02 78308.50
Stock Options 8634.44 8775.16 8083.73
Total 597417.31 596118.67 165226.87
16-Oct Prev_Day
Change
Put Call Ratio (OI) 1.31 0.99 0.32
Put Call Ratio(Vol) 0.96 0.83 0.13
16-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 3.36% 3.39% 3.43% 5.05%
T-Repo 3.05% 3.21% 3.22% 4.73%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.20% 3.25% 3.33% 5.09%
364 Day T-Bill 3.50% 3.50% 3.62% 5.37%
10 Year Gilt 5.93% 5.90% 5.94% 6.47%
G-Sec Vol. (Rs.Cr) 47665 86840 32219 41517
FBIL MIBOR 3.66% 3.73% 3.68% 5.24%
3 Month CP Rate 3.40% 3.50% 3.55% 5.80%
5 Year Corp Bond 6.62% 6.68% 6.70% 7.50%
1 Month CD Rate 3.17% 3.27% 3.29% 4.90%
3 Month CD Rate 3.25% 3.36% 3.29% 5.57%
1 Year CD Rate 3.77% 3.74% 3.95% 5.97%
Currency 16-Oct Prev_Day
Change
USD/INR 73.38 73.27 0.12
GBP/INR 94.56 95.26 -0.70
EURO/INR 85.84 86.09 -0.24
JPY/INR 0.70 0.70 0.00
Commodity 16-Oct Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.65 40.39 40.12 53.37
Brent Crude($/bl) 40.84 41.92 40.47 59.84
Gold( $/oz) 1899 1929 1959 1489
Gold(Rs./10 gm) 50796 50695 51797 38203
Source: Refinitiv
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
19 October 2020
Derivative Statistics- Nifty Options
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• Nifty Oct 2020 Futures stood at 11,765.15, a premium of 2.70 points above
the spot closing of 11,762.45. The turnover on NSE’s Futures and Options
segment fell to Rs. 14,48,499.97 crore on October 16, 2020, compared with
Rs. 58,24,762.54 crore on October 15, 2020.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.83.
• The Nifty Put-Call ratio stood at 1.31 compared with the previous session’s
close of 0.99.
• Open interest on Nifty Futures stood at 12.35 million, compared with the
previous session’s close of 13.23 million.
• After remaining largely unchanged in the last three sessions, bond yields
increased as market sentiment remained cautious after the government
increased its borrowing by Rs. 1.10 lakh crore for current fiscal year.
• Yield on the 10-year benchmark paper (5.77% GS 2030) rose 3 bps to close
at 5.93% from the previous close of 5.90% after trading in a range of 5.91%
to 5.94%.
• RBI conducted the auction of government securities-5.22% GS 2025, 6.19%
GS 2034 and 7.16% GS 2050 for an aggregate amount of Rs. 28,000 crore,
which was oversubscribed. The cut-off stood at Rs. 99.70 (yield: 5.29%), Rs.
99.05 (yield: 6.29%) and Rs. 104.70 (yield: 6.79%), respectively. Green shoe
of Rs. 2000 crore has been exercised in 6.19% GS 2034.
• Banks did not borrow under the central bank’s marginal standing facility on
Oct 14, 2020 and Oct 15, 2020.
• The Indian rupee in the spot trade rose against the U.S. dollar following
gains in the domestic equity market. However, continuing uncertainty over
the much-awaited U.S. fiscal stimulus package capped the gains.
• The euro rose against the greenback on bargain hunting. However,
persisting concerns over COVID-19 pandemic and continuing uncertainty
over the much-awaited U.S. fiscal stimulus package capped the gains.
• Gold prices fell amid fading prospects of a U.S. stimulus package before the
U.S. Presidential elections on Nov 3. Gold prices closed at $1,898.97 per
ounce, down 0.46% compared with previous close of $1,907.82 per ounce.
• According to a report by the Labor Department, U.S. import prices rose 0.3%
in Sep 2020 after increasing by revised 1.0% in Aug 2020. The report also
said export prices rose 0.6% following 0.5% rise in Aug.
• According to data from Eurostat, exports grew 2% MoM in Aug 2020 and
imports rose 0.5% thus, trade surplus rose to a seasonally adjusted EUR 21.9
billion in Aug from EUR 19.3 billion in Jul 2020. On a yearly basis, exports
decreased 12.2% and imports fell 13.5% in Aug. The unadjusted trade
surplus totaled EUR 14.7 billion as against EUR 14.4 billion a year ago.
• According to a report released by the Labor Department, U.S. initial jobless
claims increased 53,000 to 898,000 from week ended Oct 10, 2020 from the
previous week's revised level of 845,000.
Markets for You
