Global Indices
Global Indices 22-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,781 1,781 -1 -0.03
Nasdaq 11,506 11,485 21 0.19
FTSE 5,786 5,777 9 0.16
Nikkei 23,474 23,639 -165 -0.70
Hang Seng 24,786 24,754 32 0.13
Indian Indices 22-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 40,558 40,707 -149 -0.37
Nifty 50 11,896 11,938 -41 -0.35
Nifty 100 11,972 12,009 -37 -0.31
Nifty 500 9,745 9,757 -12 -0.12
Nifty Bank 24,484 24,635 -151 -0.61
S&P BSE Power 1,672 1,638 34 2.05
S&P BSE Small Cap 15,028 14,901 127 0.86
S&P BSE HC 19,671 19,749 -78 -0.40
Date P/E Div. Yield P/E Div. Yield
22-Oct 29.35 1.00 34.27 1.33
Month Ago 27.63 1.03 31.97 1.47
Year Ago 27.09 1.18 26.71 1.29
Nifty 50 Top 3 Gainers
Company 22-Oct Prev_Day
% Change
NTPC 85 82 2.86
Bharti Airtel 431 419 2.78
Bajaj Finance 3314 3233 2.52
Nifty 50 Top 3 Losers Domestic News
Company 22-Oct Prev_Day
% Change
IndusInd Bank 609 628 -3.08
Hero Moto 3082 3178 -3.05
ICICI Bank 413 420 -1.76
Advance Decline Ratio
Advances 1394 984
Declines 1248 869
Unchanged 151 121
Institutional Flows (Equity)
Description (Cr)
FII Flows* 42763
MF Flows** 9414
Oct 2020; **19
Oct 2020
Economic Indicator
YoY(%) Current Year Ago
Data as on 21 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
23 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
Quarter Ago
Indian equity markets snapped the four-day winning streak as investors
cashed in the gains post the recent rally. Presently, the Q2FY21 corporate
earnings result are largely positive, nonetheless a lot is factored in.
However, optimism continued as earnings trajectory stays in line with the
estimate. Meanwhile, investors remained cautious as U.S. fiscal stimulus
talks are getting delayed further and focus is drifting to the U.S. election
Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.37% and 0.35%
to close at 40,558.49 and 11,896.45 respectively.
The overall market breadth on BSE was strong with 1,422 scrips advancing
and 1,204 scrips declining. A total of 167 scrips remained unchanged.
On the BSE sectoral front, S&P BSE Telecom was the major gainer, up 2.53%
followed by S&P BSE Power, up 2.05% and S&P BSE Utilities, up 1.84%. S&P
BSE IT was the major loser, down 0.7% followed by S&P BSE Bankex, down
0.59% and S&P BSE Healthcare, down 0.4%.
Labour and Employment Minister introduced a new series of consumer
price index for industrial workers (CPI-IW), which is used by policymakers to
set dearness allowance of employees. The CPI-IW for Sep 2020, under the
new series, stood at 118. According to the Labour Bureau, the linking factor
for the conversion of new series to the old one is 2.88. The CPI base year is
being revised from 2001. Under the previous base, the CPI-IW for Aug 2020
stood at 338. Accounting for a linking factor, the CPI-IW for Aug would be
According to media reports, the Securities Exchange Board of India (SEBI)
has asked rating companies to provide information of rating actions and
broader trends after the lockdown that brought businesses to a grinding
halt. The change is seen as an effort to evaluate the overall economic
situation, with the authorities trying to reinvigorate stagnant growth in
In comparison to previous special liquidity initiatives, the Reserve Bank of
India (RBI) finalised the on-tap long-term repo lending (TLTRO) for Rs. 1
lakh crores where funds could be invested even in less than investment
grade debt and in five sectors, including agriculture, healthcare, secured
retail, micro, small and medium enterprises, agri-infrastructure. Under this
dedicated scheme, banks can use cash only to deploy corporate bonds,
commercial papers and non-convertible debentures.
According to RBI Governor, after a record contraction as monetary and
fiscal policies moved in tandem, India is at the doorstep of economic
growth, but the government has to spell out a roadmap on how to get back
to fiscal prudence after the pandemic. Fiscal and monetary policy were both
counter-cyclical and accommodative, and both operated in near symmetry,
he said, adding that the government's fiscal measures to deal with the
pandemic have been well balanced and prudent so far.
Asian markets largely closed in the red after the International Monetary
Fund downgraded its growth forecast for Asia-Pacific in 2020 to -2.2%.
Doubt on the prospects of a bipartisan, multi-trillion-dollar U.S. stimulus
deal before Presidential election and the death of a volunteer participating
in COVID-19 vaccine clinical trials also dented risk sentiment. Today (as on
Oct 23), Asian markets were mixed as investors monitor coronavirus
developments. Both Nikkei and Hang Seng were trading lower 0.05% and
0.1% (as at 8 a.m. IST), respectively.
European markets mostly fell as market participants reacted to uncertainty
over U.S. coronavirus stimulus, new consumer data and a latest batch of
corporate earnings.
U.S. markets rose as House Speaker Nancy Pelosi indicated Democrats and
the White House continue to make progress toward an agreement on a
new stimulus bill.
Markets for You
FII Derivative Trade Statistics 22-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 5727.55 5576.87 12148.84
Index Options 385541.32 384717.71 79658.56
Stock Futures 16854.99 16718.36 81059.24
Stock Options 8920.16 8918.08 8229.73
Total 417044.02 415931.02 181096.37
22-Oct Prev_Day
Put Call Ratio (OI) 1.34 1.42 -0.07
Put Call Ratio(Vol) 1.00 0.98 0.02
22-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 3.14% 3.40% 3.40% 5.10%
T-Repo 3.08% 3.15% 3.22% 4.96%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.17% 3.22% 3.32% 5.06%
364 Day T-Bill 3.43% 3.46% 3.58% 5.28%
10 Year Gilt 5.91% 5.89% 6.03% 6.54%
G-Sec Vol. (Rs.Cr) 24742 32612 13206 16045
3.49% 3.62% 3.80% 5.25%
3 Month CP Rate 3.38% 3.40% 3.60% 5.80%
5 Year Corp Bond 6.55% 6.54% 6.62% 7.53%
1 Month CD Rate 3.22% 3.20% 3.37% 4.94%
3 Month CD Rate 3.19% 3.28% 3.45% 5.67%
1 Year CD Rate 3.71% 3.75% 3.89% 5.86%
Currency 22-Oct Prev_Day
USD/INR 73.66 73.45 0.20
GBP/INR 96.83 95.38 1.45
EURO/INR 87.31 87.06 0.25
JPY/INR 0.70 0.70 0.01
Commodity 22-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 40.36 40.79 39.50 54.16
Brent Crude($/bl) 41.32 40.33 40.74 61.34
Gold( $/oz) 1904 1908 1899 1488
Gold(Rs./10 gm) 51149 50476 50623 38173
Source: Refinitiv
Data as on 21 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
23 October 2020
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Nifty Oct 2020 Futures stood at 11,898.65, a premium of 2.20 points above
the spot closing of 11,896.45. The turnover on NSE’s Futures and Options
segment rose to Rs. 52,74,739.96 crore on October 22, 2020, compared
with Rs. 33,02,118.97 crore on October 21, 2020.
The Put-Call ratio stood at 0.94 compared with the previous session’s close
of 0.96.
The Nifty Put-Call ratio stood at 1.34 compared with the previous session’s
close of 1.42.
Open interest on Nifty Futures stood at 12.94 million, compared with the
previous session’s close of 13.12 million.
Bond yields closed steady as market participants awaited more open market
operations from Reserve Bank of India in the weeks ahead.
Yield on the 10-year benchmark paper (5.77% GS 2030) closed unchanged at
5.91% after trading in a range of 5.90% to 5.92%.
Banks did not borrow under the central bank’s marginal standing facility on
Oct 21, 2020 compared to that of Oct 20, 2020 when banks borrowed Rs.
125 crore.
RBI has decided to conduct purchase of government securities under Open
Market Operations (OMOs) for an aggregate amount of Rs. 20,000 crores on
Oct 29, 2020.
The Indian rupee in the spot trade inched up against the greenback
following selling of the greenback by exporters.
The euro weakened against the greenback as hopes for a coronavirus relief
package ahead of the upcoming U.S. Presidential elections on Nov 3 faded.
Persisting concerns over COVID-19 pandemic also dampened market
Gold prices fell as hopes dimmed for a U.S. coronavirus aid package before
the U.S. Presidential elections.
Brent crude prices rose after U.S. Energy Information Administration
reported a crude oil inventory decline of 1 million barrels for the week
ended Oct 16.
U.S. initial weekly jobless claims fell by 55,000 to 787,000 in the week ended
Oct 17 from revised level of 842,000 (898,000 originally reported) in the
previous week.
Survey data from the market research group Gfk showed, German consumer
confidence index dropped to -3.1 in Nov 2020 from -1.7 in Oct 2020. In Oct
2020, all three sub-components, namely economic and income perceptions
and purchasing tendency, dropped.
Survey data from the statistical office Insee showed, French business
(manufacturing) confidence index fell surprisingly to 93 in Oct 2020 from
revised score of 94 in Sep 2020. The balance of opinion on personal
production expectations worsened again in October.
Markets for You