Global Indices
Global Indices 29-Oct Prev_Day Abs. Change
% Change
Russell 3000 1,726 1,703 23 1.37
Nasdaq 11,186 11,005 181 1.64
FTSE 5,582 5,583 -1 -0.02
Nikkei 23,332 23,419 -87 -0.37
Hang Seng 24,587 24,709 -122 -0.49
Indian Indices 29-Oct Prev_Day Abs. Change
% Change
S&P BSE Sensex 39,750 39,922 -173 -0.43
Nifty 50 11,671 11,730 -59 -0.50
Nifty 100 11,774 11,819 -45 -0.38
Nifty 500 9,593 9,632 -39 -0.40
Nifty Bank 24,092 24,233 -141 -0.58
S&P BSE Power 1,713 1,716 -3 -0.18
S&P BSE Small Cap 14,893 14,976 -83 -0.55
S&P BSE HC 19,256 19,404 -148 -0.76
Date P/E Div. Yield P/E Div. Yield
29-Oct 26.86 1.03 31.56 1.36
Month Ago 27.74 1.03 32.62 1.42
Year Ago 27.10 1.16 27.17 1.27
Nifty 50 Top 3 Gainers
Company 29-Oct Prev_Day
% Change
Asian Paints 2225 2160 3.05
Ultratech Cem 4577 4469 2.41
Shree Cements Limited 21677 21361 1.48
Nifty 50 Top 3 Losers Domestic News
Company 29-Oct Prev_Day
% Change
L&T Ltd. 935 983 -4.92
Titan Industries Limited 1178 1217 -3.19
Adani Ports & SEZ 343 354 -3.10
Advance Decline Ratio
BSE NSE
Advances 998 642
Declines 1610 1247
Unchanged 168 101
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 47887
MF Flows** 5717
*29
th
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 28 Oct, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
30 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
-872
6.23%
(Jun-20)
• Indian equity markets dipped as hopes of global economic recovery
dampened amid surging COVID-19 cases in the U.S. and many European
countries. Fresh curbs by Germany and France added to the woes further.
Markets also witnessed volatility owing to expiry of the Oct series of F&O
contracts.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.43% and 0.5% to
close at 39,749.85 and 11,670.80 respectively.
• The overall market breadth on BSE was weak with 998 scrips advancing and
1,610 scrips declining. A total of 168 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 0.57%
followed by S&P BSE Basic Materials, up 0.46% and S&P BSE IT, up 0.2%.
S&P BSE Capital Goods was the major loser, down 2.14% followed by S&P
BSE Consumer Durables, down 1.75% and S&P BSE Industrials, down 1.3%.
• Government data showed that India's infrastructure output contracted
0.8% in Sep 2020 as compared to a contraction of 7.3% in Aug 2020 and a
contraction of 5.1% in the same period of the previous year. The natural gas
sector witnessed the maximum contraction of 10.6% followed by refinery
products sector and crude oil sector which contracted 9.5% and 6.0%
respectively. The sectors which witnessed expansion over the month are
coal sector, steel sector and electricity sector which grew 21.2%, 0.9% and
3.7% respectively. For the period from Apr to Sep of 2020, India's
infrastructure output contracted 14.9% as compared to a growth of 1.3% in
the same period of the previous year.
• Government data showed that India’s fiscal deficit during the period from
Apr to Sep of 2020 stood at Rs. 9.14 lakh crore. India’s fiscal deficit target
thus exceeded the full year target of Rs. 7.96 lakh crore by almost 15%.
India’s fiscal deficit widened as government’s revenue remained subdued
on account of COVID-19 pandemic. Total receipts for the government
stood at Rs. 5.65 lakh crore or 25.2% of the budget estimate as compared
to 40.2% of the budget estimate in the corresponding period of the
previous year. The government however tried to contain the fiscal deficit to
some extent by bringing down the total expenditure which stood at Rs.
14.8 lakh crore or 48.6% of the budget estimate as compared to 53.4% of
the budget estimate in the corresponding period of the previous year.
• Cognizant has reported 30% decline in net income at $348 million for
quarter ended Sep 2020 as against $497 million in the same quarter last
year. The revenue stood flat at $4.2 billion for the quarter ended Sep 2020.
• Hindustan Aeronautics Ltd (HAL) along with Tech Mahindra has signed a
contract worth Rs. 400 crore for implementation of Enterprise Resource
Planning (ERP) to support HAL's 'Project Parivartan'. The 'Parivartan
Project' is a systematic HAL-initiated business transformation exercise
through technology enhancement and centralised ERP.
• Asian markets continued to retreat as rising coronavirus infections and new
restrictions introduced in European countries added to worries about the
economic outlook. Meanwhile, investors awaited cues from third-quarter
corporate earnings and a meeting of China's Communist Party leaders that
will set the next five-year plan. Today (as on Oct 30), markets are witnessing
a mixed trend as better than expected U.S. GDP data eased concerns over
rising COVID-19 cases in U.S. and several European countries to some
extent. Both Nikkei and Hang Seng are down 0.38% and 0.41% (as at 8:00
AM IST), respectively.
• European markets largely closed in the red after ECB kept key interest rates
and massive stimulus unchanged, citing a highly uncertain outlook amid a
resurgence in the COVID-19 pandemic.
• U.S. markets rebounded following the release of a report from the
Commerce Department showing a stronger than expected rebound by the
U.S. economy in the third quarter of 2020.
Markets for You
FII Derivative Trade Statistics
29-Oct
(Rs Cr) Buy
Sell Open Int.
Index Futures 6288.34 8193.66 12963.84
Index Options 334083.50 336008.96 85596.51
Stock Futures 32248.55 30898.66 78252.76
Stock Options 7427.03 7452.16 6068.94
Total 380047.42 382553.44 182882.05
29-Oct Prev_Day
Change
Put Call Ratio (OI) 1.24 1.25 -0.01
Put Call Ratio(Vol) 0.98 0.94 0.04
29-Oct Wk. Ago Mth. Ago
Year Ago
Call Rate 3.25% 3.14% 3.40% 5.09%
T-Repo 3.07% 3.08% 3.23% 4.84%
Repo 4.00% 4.00% 4.00% 5.15%
Reverse Repo 3.35% 3.35% 3.35% 4.90%
91 Day T-Bill 3.19% 3.17% 3.33% 5.05%
364 Day T-Bill 3.42% 3.43% 3.65% 5.27%
10 Year Gilt 5.88% 5.91% 6.04% 6.52%
G-Sec Vol. (Rs.Cr) 40111 24742 23167 19609
FBIL MIBOR
[1]
3.46% 3.45% 3.70% 5.25%
3 Month CP Rate 3.35% 3.38% 3.60% 5.65%
5 Year Corp Bond 6.45% 6.55% 6.74% 7.52%
1 Month CD Rate 3.19% 3.22% 3.39% 4.95%
3 Month CD Rate 3.20% 3.19% 3.45% 5.48%
1 Year CD Rate 3.72% 3.71% 3.94% 5.88%
Currency 29-Oct Prev_Day
Change
USD/INR 73.97 73.77 0.21
GBP/INR 96.33 96.30 0.03
EURO/INR 86.97 86.92 0.04
JPY/INR 0.71 0.71 0.00
Commodity 29-Oct
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 35.92 40.36 38.98 55.29
Brent Crude($/bl) 35.39 41.32 40.35 60.81
Gold( $/oz) 1867 1904 1898 1487
Gold(Rs./10 gm) 50699 51149 50313 38630
Source: Refinitiv
[1]
Data as on 28 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
30 October 2020
Derivative Statistics- Nifty Options
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• Nifty Oct 2020 Futures settled at spot closing of 11,670.80. Nifty Nov 2020
Futures stood at 11,667.90, a discount of 2.9 points, below the spot closing.
The turnover on NSE’s Futures and Options segment rose to Rs.
54,28,672.58 crore on October 29, 2020, compared with Rs. 29,01,390.28
crore on October 28, 2020.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close
of 0.91.
• The Nifty Put-Call ratio stood at 1.24 compared with the previous session’s
close of 1.25.
• Open interest on Nifty Futures stood at 13.62 million, compared with the
previous session’s close of 13.27 million.
• Bond yields rose on profit booking and as sentiment continues to be
supported on dovish comments from the Reserve Bank of India (RBI).
• Yield on the 10-year benchmark paper (5.77% GS 2030) increased 2 bps to
close at 5.88% from the previous close of 5.86% after trading in a range of
5.85% to 5.89%.
• RBI conducted the auction of open market operations (OMO) purchase of
7.72% GS 2025, 8.28% GS 2027, 6.79% GS 2029 and 7.95% GS 2032 for an
aggregate amount of Rs. 20,000 crore, which was fully accepted. The cut-off
rate stood at 4.48%, 4.9528%, 6.22% and 6.67%, respectively.
• Banks borrowed Rs. 4.25 crore under the central bank’s marginal standing
facility on Oct 28, 2020 compared with Rs.1 crore borrowing on Oct 27,
2020.
• The Indian rupee fell against the U.S. dollar as the Reserve Bank of India’s
(RBI) likely intervention capped the upside while fresh lockdowns in Europe
disturbed investor appetite for risk assets.
• The euro weakened and touched four week low against the U.S. dollar after
the European Central Bank president highlighted further monetary easing in
Dec 2020.
• Gold prices fell as the safe haven appeal of the greenback improved amid
persisting concerns over the COVID-19 pandemic.
• Brent crude prices fell amid persisting concerns over COVID-19 pandemic
and worries on renewed lockdowns.
• The Bank of Japan retained the interest rate at -0.1% on current accounts
that financial institutions maintain at the central bank. Without setting an
upper limit, the bank will continue to buy the appropriate amount of
Japanese government bonds, so that 10-year JGB yields will remain at
around zero percent.
• According to survey results from Destatis, Germany’s jobless rate held
steady at seasonally adjusted 4.5% in Sep 2020. On an unadjusted basis, the
unemployment rate fell to 4.4% in Sep from 4.6% in Aug.
• According to the data from Bank of England, U.K.’s number of mortgage
approvals rose unexpectedly to 91,454 from 85,530 in the previous month.
Property market continued to recover from the coronavirus driven
downturn.
Markets for You
