Global Indices
Global Indices 19-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,781 1,812 -31 -1.69
Nasdaq 11,479 11,672 -193 -1.65
FTSE 5,885 5,920 -35 -0.59
Nikkei 23,671 23,411 261 1.11
Hang Seng 24,542 24,387 155 0.64
Indian Indices 19-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 40,432 39,983 449 1.12
Nifty 50 11,873 11,762 111 0.94
Nifty 100 11,953 11,843 110 0.93
Nifty 500 9,709 9,626 83 0.86
Nifty Bank 24,267 23,533 734 3.12
S&P BSE Power 1,629 1,616 13 0.83
S&P BSE Small Cap 14,851 14,787 64 0.44
S&P BSE HC 19,743 19,916 -174 -0.87
Date P/E Div. Yield P/E Div. Yield
19-Oct 29.38 0.99 34.43 1.34
Month Ago 28.56 0.99 32.98 1.42
Year Ago 27.51 1.17 26.94 1.28
Nifty 50 Top 3 Gainers
Company 19-Oct Prev_Day
% Change
ICICI Bank 417 396 5.30
Axis Bank 493 472 4.35
Nestle India Limited 16093 15430 4.30
Nifty 50 Top 3 Losers Domestic News
Company 19-Oct Prev_Day
% Change
Divi's Lab 3093 3223 -4.01
NA 2198 2270 -3.16
Hero Moto 3249 3346 -2.92
Advance Decline Ratio
BSE NSE
Advances 1454 1077
Declines 1192 798
Unchanged 171 111
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 36826
MF Flows** 13660
*19
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 16 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
20 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
-9
6.23%
(Jun-20)
• Indian equity markets edged higher led by positive cues generated from
upbeat quarterly earning number reported by one of the major private
sector lenders. The news raised hopes of similar quarterly earnings from
other banks. Investor sentiment was also lifted by hopes of a U.S. stimulus
package before the Presidential election and expectations of a COVID-19
vaccine by year-end.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.12% and
0.94% to close at 40,431.60 and 11,873.05 respectively.
• The overall market breadth on BSE was strong with 1,454 scrips advancing
and 1,192 scrips declining. A total of 171 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Bankex was the major gainer, up 3.35%
followed by S&P BSE Finance, up 2.63% and S&P BSE Oil & Gas, up 1.82%.
S&P BSE Auto was the major loser, down 1.12% followed by S&P BSE
Healthcare, down 0.87% and S&P BSE Telecom, down 0.66%.
• As per media reports, the finance minister has asked officials to ensure
that, by the end of Dec 2020, 14 state-owned companies would invest 75%
of their capital expenditure for the year 2020. This is being done to sustain
the pace of capital and infrastructure projects in a bid to soften the
economic blow from pandemic.
• The Minister of State for Agriculture has launched the 'Ayushman Sahakar'
scheme under the National Cooperative Development Corporation (NCDC)
to help cooperatives contribute to the development of health
infrastructure in the country. NCDC would lend Rs 10,000 crore for the
purpose.
• Further relaxation in compliance for small taxpayers for the FY20 has been
established by the Central Board of Indirect Taxes and Customs (CBIC). The
requirement to file annual return in GSTR-9 by taxpayers having aggregate
turnover up to Rs. 2 crore has been made optional for FY20.
• As per media reports, in the recently enacted farm law (Farmers
(Empowerment and Protection) Agreement on Price Assurance and Farm
Services Act, 2020), which is relevant to contract farming, the government
has adopted time-bound rules and procedures for dispute resolution. The
sub-divisional magistrate will settle the conflict in compliance with the
notified rules by establishing a conciliation board with equal representation
from both sides. The conciliation process should be completed within 30
days after the date of the conciliation board's appointment. If the
conciliation board fails to settle the conflict, either party will contact the
sub-divisional authority, which, after a fair hearing, will have to decide the
case within 30 days of filing the appeal.
• The Kalrock Capital-Murari Lal Jalan consortium has proposed to re-launch
Jet Airways as a full-service carrier, with an initial investment of Rs. 1,000
crore.
• Promoter of crisis-hit mortgage lender DHFL, Kapil Wadhawan, wrote to
RBI-appointed administrator on Oct 17 to offer his personal and family
properties, which he claims are worth Rs. 43,000 crore, for repayment of
outstanding loans of lenders to the company.
• Asian markets largely closed in the green amid hopes for a new U.S.
stimulus package before the U.S. Presidential election and expectations of
a COVID-19 vaccine by year-end. However, gains were restricted by data
showing China's economy expanded at a slower rate than expected in Jul-
Sep of 2020. Today (as on Oct 20), markets are trading mixed as investors
await China’s benchmark lending rate for Oct. Both Nikkei and Hang Seng
are down 0.05% and 0.08% (as at 8:00 AM IST), respectively.
• European markets went down, dragged by persisting worries about rising
coronavirus cases and uncertainty about a Brexit deal. A slower than
expected pace of China's economic growth in the third quarter too played
spoilsport.
• U.S. markets closed in the red amid uncertainty about whether U.S.
policymakers will reach an agreement on a new stimulus bill.
Markets for You
FII Derivative Trade Statistics
19-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 4061.40 4103.65 11231.21
Index Options 188433.04 187760.43 72618.02
Stock Futures 14378.03 14238.86 79127.53
Stock Options 6303.20 6249.39 8149.93
Total 213175.67 212352.33 171126.69
19-Oct Prev_Day
Change
Put Call Ratio (OI) 1.35 1.31 0.04
Put Call Ratio(Vol) 0.95 0.96 -0.02
19-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 3.36% 3.42% 3.41% 5.10%
T-Repo 3.05% 3.14% 3.22% 4.90%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.18% 3.25% 3.31% 5.05%
364 Day T-Bill 3.49% 3.45% 3.63% 5.25%
10 Year Gilt 5.92% 5.87% 6.03% 6.52%
G-Sec Vol. (Rs.Cr) 33372 35863 37427 24960
FBIL MIBOR
[1]
3.66% 3.67% 3.74% 5.25%
3 Month CP Rate 3.40% 3.50% 3.55% 5.80%
5 Year Corp Bond 6.56% 6.55% 6.76% 7.55%
1 Month CD Rate 3.18% 3.28% 3.34% 4.94%
3 Month CD Rate 3.26% 3.37% 3.28% 5.67%
1 Year CD Rate 3.73% 3.80% 3.90% 5.86%
Currency 19-Oct Prev_Day
Change
USD/INR 73.42 73.38 0.04
GBP/INR 94.98 94.56 0.42
EURO/INR 85.97 85.84 0.12
JPY/INR 0.70 0.70 0.00
Commodity 19-Oct
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.64 39.17 41.04 53.70
Brent Crude($/bl) 41.41 40.11 41.97 60.50
Gold( $/oz) 1904 1922 1950 1490
Gold(Rs./10 gm) 50828 51034 51619 38241
Source: Refinitiv
[1]
Data as on 16 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
20 October 2020
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third
party
sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since
Nippon
Life India Asset Management Limited (NAM India) has not independently verified the accuracy or authenticity of such information or data, or for that matter the reasonableness of the assumptions
upon
which such data and information has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and information. Some of the statements &
assertions
contained in these materials may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the Investment Manager,
the
Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data
or
information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to
the
extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on
information/data
arising out of their own investigations. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an
informed
investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct,
indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.
• Nifty Oct 2020 Futures stood at 11,889.40, a premium of 16.35 points
above the spot closing of 11,873.05. The turnover on NSE’s Futures and
Options segment rose to Rs. 16,35,133.63 crore on October 19, 2020,
compared with Rs. 14,48,499.97 crore on October 16, 2020.
• The Put-Call ratio stood at 0.82 compared with the previous session’s close
of 0.87.
• The Nifty Put-Call ratio stood at 1.35 compared with the previous session’s
close of 1.31.
• Open interest on Nifty Futures stood at 12.39 million, compared with the
previous session’s close of 12.35 million.
• Bond yields closed steady as a debt switch added to the supply of duration
papers. Market participants also preferred to remain on the sidelines and
await for more clarity from the Reserve Bank of India on open market
purchases after the increased supply of sovereign debt.
• Yield on the 10-year benchmark paper (5.77% GS 2030) closed unchanged
5.94% after trading in a range of 5.92% to 5.95%.
• Banks borrowed Rs. 10 crore under the central bank’s marginal standing
facility on Oct 16, 2020 compared to that of Oct 15, 2020 when banks
borrowed none.
• RBI announced the auction of four dated securities namely 5.09% GS 2022,
5.22% GS 2025, 5.77% GS 2030 and 6.80% GS 2060 for a notified amount of
Rs. 31,000 crore. The auction will be carried out on Oct 23, 2020.
• The Indian rupee in the spot trade inched down against the greenback on
the likelihood of a continued impasse over the fiscal stimulus package in U.S.
• The euro rose against the greenback on hopes that an agreement on a fiscal
stimulus package in U.S. could be reached ahead of the upcoming U.S.
Presidential election, and on expectations of a coronavirus vaccine by the
end of 2020.
• Gold prices rose as optimism over a new U.S. stimulus agreement before
next month’s U.S. presidential election weakened the greenback.
• Brent crude prices rose on hopes for a U.S. fiscal package.
• The National Bureau of Statistics said China's Gross Domestic Product (GDP)
grew 4.9% YoY in the Sep quarter of 2020 better than 3.2% rise in the
previous quarter. GDP growth slowed down to 2.7% QoQ, from 11.5% rise
in the previous quarter.
• According to a report released by the National Association of Home
Builders, NAHB/Wells Fargo Housing Market Index (Homebuilder
confidence) in the U.S touched record high at 85 in Oct 2020 from 83 in Sep
2020.
• Data form Eurostat showed, construction output in the eurozone increased
2.6% MoM in Aug 2020 faster than 0.3% rise in Jul 2020. Production in
building construction rose 2.8% sequentially and civil engineering rose 0.7%.
Markets for You
