Global Indices
Global Indices 23-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,790 1,781 10 0.55
Nasdaq 11,548 11,506 42 0.37
FTSE 5,860 5,786 75 1.29
Nikkei 23,517 23,474 42 0.18
Hang Seng 24,919 24,786 133 0.54
Indian Indices 23-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 40,686 40,558 127 0.31
Nifty 50 11,930 11,896 34 0.29
Nifty 100 12,006 11,972 34 0.29
Nifty 500 9,780 9,745 35 0.36
Nifty Bank 24,478 24,484 -6 -0.02
S&P BSE Power 1,692 1,672 20 1.20
S&P BSE Small Cap 15,135 15,028 107 0.71
S&P BSE HC 19,637 19,671 -33 -0.17
Date P/E Div. Yield P/E Div. Yield
23-Oct 29.54 0.99 34.37 1.33
Month Ago 27.58 1.03 31.91 1.47
Year Ago 26.92 1.18 26.75 1.29
Nifty 50 Top 3 Gainers
Company 23-Oct Prev_Day
% Change
Maruti 7103 6812 4.28
M&M 625 604 3.44
Tata Steel 423 410 3.37
Nifty 50 Top 3 Losers Domestic News
Company 23-Oct Prev_Day
% Change
Ultratech Cem 4505 4615 -2.38
Shree Cements Limited 20521 20992 -2.24
HUL 2144 2179 -1.63
Advance Decline Ratio
BSE NSE
Advances 1664 1234
Declines 1049 661
Unchanged 154 99
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 43988
MF Flows** 5717
*23
rd
Oct 2020; **22
nd
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 22 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
26 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
-1350
1225
6.23%
(Jun-20)
• Indian equity markets edged higher, following reports on investment by a
global e-commerce company in one of the domestic clothing retail chain.
Strong buying in the auto sector also contributed to the upside. Meanwhile,
investors continued to focus on the updates on the U.S. stimulus package
and upcoming Presidential elections. The news on COVID-19 cases in
Europe also remained on the market participants' radar.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.31% and
0.28% to close at 40,685.50 and 11,930.35 respectively.
• The overall market breadth on BSE was strong with 1,664 scrips advancing
and 1,049 scrips declining. A total of 154 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Auto was the major gainer, up 2.76%
followed by S&P BSE Consumer Discretionary Goods & Services, up 1.85%
and S&P BSE Consumer Durables, up 1.3%. S&P BSE Realty was the major
loser, down 0.94% followed by S&P BSE Basic Materials, down 0.27% and
S&P BSE IT, down 0.24%.
• The Reserve Bank of India (RBI) said that by Mar 31, 2022, payment system
operators (PSOs) that use proprietary QR codes would switch to one or
more interoperable QR codes. It also said that PSOs would, henceforth, not
give any new proprietary QR codes for transactions. At present, there are
two interoperable QR codes: UPI QR and Bharat QR. RBI said it will continue
consultations on the standardisation and enhancement of these
interoperable QR codes to allow the Phatak Committee to recognise
beneficial features. RBI further said that it is anticipated that the steps will
strengthen the acceptance infrastructure, provide better user convenience
due to interoperability and boost device performance.
• The Securities and Exchange Board of India (Sebi) is awaiting the approval
of the Ministry of Finance and the RBI to allow foreigners to join the Indian
private equity and venture capital funds investment management
committee.
• The Securities and Exchange Board of India (Sebi) said that issuers of debt
securities listed or proposed to be listed would have to deposit 0.01% of
the size of the issue or a maximum of Rs. 25 lakh to create a fund for
recovery expenses.
• A system for processing applications for the registration of Alternative
Investment Funds (AIFs) has been developed by Sebi. It has been observed
during the processing of applications and the introduction of new schemes
that the manager of the AIF frequently proposes to set up an investment
committee with the mandate to provide the manager with investment
recommendations.
• For a collaboration that will see the latter infuse Rs. 1,500 crore for a 7.8%
stake in the former, Aditya Birla Fashion and Retail has entered into an
agreement with Flipkart. The deal will include the sale and distribution for
1-5 years of different apparel brands, along with the provision of pre-
emption rights and the right of first refusal to Flipkart.
• The Ministry of Civil Aviation has approved NTPC to use drones at its three
power plants in Madhya Pradesh and Chhattisgarh to perform research and
inspection activities.
• Asian markets largely closed in the green as investors pinned hopes that a
U.S. stimulus package would be eventually passed. Nonetheless, a
continued surge in coronavirus cases in several parts of Europe and the U.S.
kept investors worried. Today (as on Oct 26), Asian markets mixed as new
coronavirus cases surge in the U.S. as well in countries across Europe. Both
Nikkei and Hang Seng were trading higher 0.15% and 0.54% (as at 8 a.m.
IST), respectively.
• European markets rose on some encouraging earnings reports and slight
buoyancy about U.S. fiscal stimulus sometime in the foreseeable future.
U.S. House Speaker said she and Treasury Secretary were "just about there"
in discussions over a new stimulus deal, but indicated that it may not be
signed before the presidential election.
• U.S. markets were mixed after moving in a range during the session amid
absence of concrete news from Washington regarding a new Covid-19
stimulus bill.
Markets for You
FII Derivative Trade Statistics 23-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 4349.08 4667.64 12057.00
Index Options 542966.31 543735.89 63177.75
Stock Futures 15978.93 16008.90 81282.34
Stock Options 6648.76 6571.08 8229.97
Total 569943.08 570983.51 164747.06
23-Oct Prev_Day
Change
Put Call Ratio (OI) 1.47 1.34 0.13
Put Call Ratio(Vol) 0.92 1.00 -0.07
23-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 3.22% 3.36% 3.42% 5.06%
T-Repo 3.08% 3.05% 3.23% 4.91%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.14% 3.20% 3.36% 5.08%
364 Day T-Bill 3.45% 3.50% 3.70% 5.28%
10 Year Gilt 5.87% 5.93% 6.01% 6.51%
G-Sec Vol. (Rs.Cr) 60480 47665 13206 21392
FBIL MIBOR
[1]
3.45% 3.66% 3.69% 5.25%
3 Month CP Rate 3.38% 3.40% 3.60% 5.80%
5 Year Corp Bond 6.49% 6.62% 6.61% 7.51%
1 Month CD Rate 3.23% 3.17% 3.41% 4.94%
3 Month CD Rate 3.22% 3.25% 3.45% 5.23%
1 Year CD Rate 3.73% 3.77% 3.97% 5.88%
Currency 23-Oct Prev_Day
Change
USD/INR 73.58 73.66 -0.08
GBP/INR 96.06 96.83 -0.78
EURO/INR 86.78 87.31 -0.53
JPY/INR 0.70 0.70 0.00
Commodity 23-Oct Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 39.63 40.65 39.87 55.85
Brent Crude($/bl) 40.85 40.84 41.28 61.36
Gold( $/oz) 1901 1899 1864 1492
Gold(Rs./10 gm) 51044 50796 50251 38295
Source: Refinitiv
[1]
Data as on 22 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
26 October 2020
Derivative Statistics- Nifty Options
Disclaimer:
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information contained in this material.
• Nifty Oct 2020 Futures stood at 11,934.35, a premium of 4.00 points above
the spot closing of 11,930.35. The turnover on NSE’s Futures and Options
segment fell to Rs. 11,64,474.69 crore on October 23, 2020, compared with
Rs. 52,74,739.96 crore on October 22, 2020.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close
of 0.94.
• The Nifty Put-Call ratio stood at 1.47 compared with the previous session’s
close of 1.34.
• Open interest on Nifty Futures stood at 13.26 million, compared with the
previous session’s close of 12.94 million.
• Bond yields plunged as the Reserve Bank of India (RBI) provided continuous
support by purchasing government securities through open market
operations which eased concerns over excessive supply of sovereign debt in
the market.
• Yield on the 10-year benchmark paper (5.77% GS 2030) plummeted 7 bps to
close at 5.84% from the previous close of 5.91% after trading in a range of
5.84% to 5.90%. Bond yields thus plummeted to the lowest level since Aug
5, 2020.
• RBI conducted the auction of four government 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 for which the full amount was accepted. The cut
of price (cut off yield) for 5.09% GS 2022, 5.22% GS 2025, 5.77% GS 2030,
and 6.80% GS 2060 subsequently stood at Rs. 101.69 (3.89%), Rs. 100.10
(5.19%), Rs. 99.03 (5.90%) and Rs. 100.26 (6.78%), respectively.
• The Indian rupee in the spot trade weakened against the greenback
following persistent dollar demand from 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 that an agreement on a
coronavirus relief package in U.S. would be reached before Nov 3.
• Gold prices rose as the dollar weakened amid reports of progress in talks
regarding the U.S. stimulus package.
• Brent crude prices fell amid persistent concerns over COVID-19 pandemic.
• The National Association of Realtors report showed, U.S. existing home
sales surged 9.4% to an annual rate of 6.54 million in Sep 2020, faster than
2% to a revised rate of 5.98 million in Aug 2020. The growth reflected
record-low interest rates and an abundance of buyers.
• Preliminary survey outcome from IHS Markit showed, UK composite output
index fell to 52.9 in Oct 2020 from 56.5 in Sep 2020. Fall indicated weaker
contribution from the service economy.
• The Ministry of Internal Affairs and Communications said, Japan’s consumer
prices fell 0.1% (seasonally adjusted) MoM in Sep 2020, compared with
unchanged from the Aug 2020 figure. Prices for furniture, clothing and
education were up, while power, communication and leisure were down.
Markets for You
