Global Indices
Global Indices 20-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,787 1,781 5 0.29
Nasdaq 11,516 11,479 38 0.33
FTSE 5,889 5,885 5 0.08
Nikkei 23,567 23,671 -104 -0.44
Hang Seng 24,570 24,542 27 0.11
Indian Indices 20-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 40,544 40,432 113 0.28
Nifty 50 11,897 11,873 24 0.20
Nifty 100 11,977 11,953 24 0.20
Nifty 500 9,733 9,709 24 0.24
Nifty Bank 24,312 24,267 45 0.19
S&P BSE Power 1,613 1,629 -16 -0.96
S&P BSE Small Cap 14,896 14,851 45 0.30
S&P BSE HC 19,772 19,743 30 0.15
Date P/E Div. Yield P/E Div. Yield
20-Oct 29.42 0.99 34.28 1.33
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 20-Oct Prev_Day
% Change
HCL Tech 880 845 4.13
Tech Mahindra 850 824 3.12
Asian Paints 2119 2070 2.34
Nifty 50 Top 3 Losers Domestic News
Company 20-Oct Prev_Day
% Change
Britannia Industries Limited 3553 3772 -5.81
ONGC 67 69 -2.74
Indian Oil 75 77 -2.28
Advance Decline Ratio
BSE NSE
Advances 1326 976
Declines 1355 883
Unchanged 168 125
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 38817
MF Flows** 13660
*20
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 19 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
21 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
1991
6.23%
(Jun-20)
Indian equity markets inched up following reports of decline in COVID-19
infections in India after a peak in mid-Sep. The declines in daily COVID-19
cases and the resultant deaths has given some comfort that there could be
further relaxations to the economy. Robust earning numbers reported by
one of the FMCG majors contributed to the buying interest.
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.28% and 0.2%
to close at 40,544.37 and 11,896.80 respectively.
The overall market breadth on BSE was weak with 1,326 scrips advancing
and 1,355 scrips declining. A total of 168 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Realty was the major gainer, up 3.77%
followed by S&P BSE Telecom, up 2.62% and S&P BSE Teck, up 1.64%. S&P
BSE Oil & Gas was the major loser, down 1.3% followed by S&P BSE Energy,
down 0.99% and S&P BSE Power, down 0.96%.
The Securities and Exchange Board of India (Sebi) has established a market
data advisory committee (MDAC), a standing panel to recommend
appropriate policies for access to securities market data, identify segment
wise data perimeters, data needs and gaps, recommend regulations on
data privacy and data access relevant to market data.
According to Labour Ministry, the retail inflation for farm workers and rural
labourers eased only marginally to 6.25% and 6.1%, respectively in Sep
2020 from 6.32% and 6.28%, respectively in Aug 2020 as food prices
remained high.
The Nomura India Market Resumption Index (NIBRI), a weekly tracker of the
rate of economic activity normalisation, rose to a post-lockdown high of
82.2 for the week ended Oct 18, 2020 compared to 80.8 the previous week.
Economic activity in India has almost returned to pre-Covid levels, indicating
an index that monitors the recovery of the economy from the effects of the
pandemic, driving a dramatic rise in mobility as the festival season rolls in.
For the week ended Mar 22, 2020 the index reading stood at 82.9.
According to Ministry of Statistics and Programme Implementation (MoSPI),
the unemployment rate in urban areas dropped to 8.4% in Jul-Sep quarter
of 2019, compared to 9.7% in the same period in 2018 and 8.9% in Apr-Jun
2019. The decline in the unemployment rate was largely the result of an
increase in the number of people employed in the labour force.
L&T Technology Services Limited, India's pure-play engineering services
company saw revenue growth of 1.5% QoQ to Rs. 13,138 million but in USD
terms it grew 4.1% in the Sep quarter of 2020. Net profit surged 41% QoQ
to Rs. 1,655 million; growth of 41% QoQ.
State-owned Oil and Natural Gas Corp (ONGC) and Indian Oil Corp (IOC)
have raised Rs. 1,340 crore and 2,000 crore, respectively in debt through
non-convertible debentures (NCDs) to meet business expenses.
Asian markets witnessed a mixed trend as investors continued to track
developments on the U.S. fiscal stimulus ahead of the deadline to reach an
agreement. According to media reports, U.S. House Speaker and Treasury
Secretary continued to narrow their differences on the virus relief package.
Meanwhile, Europe reported record daily coronavirus infections, which
weighed on market sentiments. Today (as on Oct 21), markets are trading
higher as investors are tracking developments on U.S. coronavirus stimulus
measures. Both Nikkei and Hang Seng are up 0.27% and 0.61% (as at 8:00
AM IST), respectively.
Majority of the European markets went down with investors largely making
cautious moves as they closely followed the developments over U.S.
stimulus talks and updates on virus cases and reacting to earnings reports
and other corporate news.
U.S. markets closed in the green, led by hopes that the lawmakers will
eventually agree on a stimulus plan sometime soon. Stronger than
expected corporate earning numbers too contributed to the buying
interest.
Markets for You
FII Derivative Trade Statistics
20-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 3729.54 3588.72 11575.76
Index Options 198110.28 198145.12 77341.24
Stock Futures 14712.14 15357.06 80540.53
Stock Options 6833.19 6874.34 8345.96
Total 223385.15 223965.24 177803.49
20-Oct Prev_Day
Change
Put Call Ratio (OI) 1.46 1.35 0.10
Put Call Ratio(Vol) 0.91 0.95 -0.04
20-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 3.36% 3.39% 3.41% 5.10%
T-Repo 3.06% 3.20% 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 3.15% 3.25% 3.31% 5.05%
364 Day T-Bill 3.40% 3.47% 3.63% 5.25%
10 Year Gilt 5.92% 5.88% 6.03% 6.52%
G-Sec Vol. (Rs.Cr) 33288 32234 37427 24960
FBIL MIBOR
[1]
3.65% 3.68% 3.74% 5.25%
3 Month CP Rate 3.40% 3.50% 3.55% 5.80%
5 Year Corp Bond 6.53% 6.56% 6.76% 7.55%
1 Month CD Rate 3.16% 3.24% 3.34% 4.94%
3 Month CD Rate 3.24% 3.37% 3.28% 5.67%
1 Year CD Rate 3.66% 3.77% 3.90% 5.86%
Currency 20-Oct Prev_Day
Change
USD/INR 73.33 73.42 -0.09
GBP/INR 94.95 94.98 -0.03
EURO/INR 86.34 85.97 0.37
JPY/INR 0.70 0.70 0.00
Commodity 20-Oct
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 41.32 39.98 41.04 53.70
Brent Crude($/bl) 40.63 40.95 41.97 60.50
Gold( $/oz) 1906 1891 1950 1490
Gold(Rs./10 gm) 50766 50914 51619 38241
Source: Refinitiv
[1]
Data as on 19 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
21 October 2020
Derivative Statistics- Nifty Options
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Nifty Oct 2020 Futures stood at 11,895.90, a discount of 0.90 points below
the spot closing of 11,896.80. The turnover on NSE’s Futures and Options
segment rose to Rs. 16,85,766.70 crore on October 20, 2020, compared
with Rs. 16,35,133.63 crore on October 19, 2020.
The Put-Call ratio stood at 0.86 compared with the previous session’s close
of 0.82.
The Nifty Put-Call ratio stood at 1.46 compared with the previous session’s
close of 1.35.
Open interest on Nifty Futures stood at 12.89 million, compared with the
previous session’s close of 12.39 million.
Bond yields inched down on expectations that the Reserve Bank of India
would continue to purchase government securities through open market
operations which helped ease concerns over excessive supply of sovereign
debt.
Yield on the 10-year benchmark paper (5.77% GS 2030) inched down 1 bps
to close at 5.93% compared to the previous close of 5.94% after trading in a
range of 5.93% to 5.95%.
Banks borrowed Rs. 3 crore under the central bank’s marginal standing
facility on Oct 19, 2020 compared to that of Oct 16, 2020 when banks
borrowed Rs. 10 crore.
RBI conducted auction of state development loans of ten state
governments for a notified amount of Rs. 13,500 crore for which Rs.
14,885.003 crore was accepted. Jharkhand has accepted an additional
amount of Rs. 400 crore while Maharashtra has accepted an additional
amount of Rs. 500 cr in 8 year and 10 year security. Punjab has accepted
partial amount of Rs. 485.003 crore.
The Indian rupee in the spot trade fell against the greenback following
aggressive dollar-buying by state-run banks, likely on behalf of the Reserve
Bank of India. However, gains in the domestic equity market restricted
further losses.
The euro rose against the greenback on hopes for a U.S. coronavirus
stimulus package. However, rising coronavirus infection cases in Europe
capped the gains.
Gold prices rose as the greenback weakened amid hopes for a U.S.
coronavirus aid package ahead of the U.S. presidential elections.
Brent crude prices fell amid persisting concerns over COVID-19 pandemic.
China's central bank kept its benchmark lending rates steady for the sixth
consecutive month. The one-year loan prime rate was maintained at 3.85%
and the 5-year loan prime rate was retained at 4.65%.
The European Central Bank said, the euro area current account surplus
expanded to EUR 20 billion in Aug 2020 from EUR 17 billion in Jul 2020. The
surplus on trade in goods rose to EUR 32 billion from EUR 30 billion, while
the surplus on services declined to EUR 2 billion from EUR 4 billion.
A Bank of England policymaker said that downside risk to the U.K.’s
economic outlook is increasing amid coronavirus pandemic, which raised the
probability of additional monetary stimulus. He observed that the speed of
the recovery is likely to be slower.
Markets for You