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01 Sep 2020
Markets for You
Global Indices
Global Indices 31-Aug Prev_Day Abs. Change
% Change
#
Russell 3000 1,825 1,815 10 0.55
Nasdaq 11,775 11,696 80 0.68
FTSE
[1]
5,964 6,000 -36 -0.61
Nikkei 23,140 22,883 257 1.12
Hang Seng 25,177 25,422 -245 -0.96
Indian Indices 31-Aug Prev_Day Abs. Change
% Change
#
S&P BSE Sensex 38,628 39,467 -839 -2.13
Nifty 50 11,388 11,648 -260 -2.23
Nifty 100 11,496 11,792 -295 -2.51
Nifty 500 9,372 9,641 -269 -2.79
Nifty Bank 23,754 24,524 -769 -3.14
S&P BSE Power 1,670 1,736 -66 -3.79
S&P BSE Small Cap 14,336 14,991 -654 -4.37
S&P BSE HC 18,388 19,279 -891 -4.62
Date P/E Div. Yield P/E Div. Yield
31-Aug 27.86 1.00 32.29 1.46
Month Ago 26.20 1.03 30.20 1.49
Year Ago 26.25 1.24 27.27 1.39
Nifty 50 Top 3 Gainers
Company 31-Aug Prev_Day
% Change
#
ONGC 82 80 1.99
TCS 2257 2239 0.84
Tata Motors 143 143 0.28
Nifty 50 Top 3 Losers Domestic News
Company 31-Aug Prev_Day
% Change
#
Sun Pharma 520 556 -6.39
SBI 212 225 -5.71
NA 2092 2214 -5.49
Advance Decline Ratio
BSE NSE
Advances 516 283
Declines 2357 1661
Unchanged 142 74
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 36129
MF Flows** 20854
*31
st
Aug 2020; **28
th
Aug 2020
Economic Indicator
YoY(%) Current Year Ago
CPI
6.93%
(Jul-20)
3.15%
(Jul-19)
IIP
-16.60%
(Jun-20)
1.30%
(Jun-19)
GDP
-23.90%
(Jun-20)
5.20%
(Jun-19)
[1]
Data as on 28 Aug, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
01 September 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
-18.30%
(Mar-20)
3.10%
(Mar-20)
Quarter Ago
Inflow/Outflow
-118
477
7.22%
(Apr-20)
• Indian equity markets witnessed steep decline amid escalation in geo-
political tensions between India and China. Investors also turned cautious
ahead of the release of official data on the country's GDP for the first
quarter of FY 21, scheduled today post market hours.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 2.13% and 2.23%
to close at 38,628.29 and 11,387.50 respectively.
• The overall market breadth on BSE was weak with 516 scrips advancing and
2,357 scrips declining. A total of 142 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Realty was the major
loser, down 4.7%, followed by S&P BSE Healthcare and S&P BSE Basic
Materials, down 4.62% and 4.26%, respectively. S&P BSE Utilities and S&P
BSE Power lost 3.85% and 3.79% respectively.
• Government data showed that India’s Gross Domestic Product (GDP) for
the quarter from Apr to Jun of 2020 contracted by a massive 23.9% as
compared to a growth of 3.10% in the previous quarter and a growth of
5.20% in the same period of the previous fiscal. As per media reports, this
was the first contraction in more than 40 years. The gross value added
(GVA) at basic prices in the first quarter of FY21 contracted 22.8%. On a
yearly basis, the private final consumption expenditure came down 26.7%
while the government final consumption expenditure rose 16.4%. The
gross fixed capital formation over the year also slumped 47.1%. On the
sectoral front, growth of trade, hotels, transport and communication sector
witnessed a contraction of 47.0%. The growth of manufacturing sector also
shrank 39.3% while the growth of construction sector plummeted 50.3%.
The only bright spot was the agriculture sector which witnessed a growth
of 3.4%.
• Government data showed that India’s fiscal deficit surpassed its full year
budgeted target in just four months. India’s fiscal deficit during the period
from Apr to Jul of 2020 stood at 103.1% of the budgeted target for the
current fiscal.
• Government data showed that the growth of India’s eight core sectors
contracted for the fifth consecutive month in Jul 2020. Growth of India’s
eight core sectors contracted 9.6% in Jul 2020 compared to a contraction
of 12.9% in the previous month and a growth of 2.6% in the same period of
the previous year. The steel sector witnessed a maximum contraction of
16.4% followed by refinery products sector and cement sector which
contracted 13.9% and 13.5% respectively.
• Adani Group has acquired 74% stake in Mumbai International Airport
Limited (MIAL), the second largest airport in Mumbai operating in India.
• Vedanta Ltd has announced that it has tied up for a long-term syndicated
loan facility worth Rs. 10,000 crore to State Bank of India. A group of
lenders who work together to provide credit to a broad borrower will be
providing a syndicated loan.
• Asian markets largely remained low after China’s official manufacturing PMI
for Aug came in lower than market expectation. Meanwhile, investors
monitored political developments in Japan. Today (as on Sep 01), Asian
markets were mixed ahead of the private survey of Chinese manufacturing
activity in August. Both Nikkei and Hang Seng were trading lower 0.39%
and 0.19%, respectively (as at 8 a.m. IST).
• European markets fell as hopes of fresh stimulus from the European
Central Bank faded, and weak inflation data from Germany triggered
concerns about the country's economic recovery.
• U.S. markets showed a mixed performance as investors continued to weigh
the likely impact of the coronavirus pandemic on the economy despite
recent comments from U.S. Federal Reserve Chairman that said interest
rates will likely remain lower for a long time. Worries about U.S.-China
tensions and reports showing a surge in new coronavirus cases in several
states across America weighed on sentiment.
Markets for You
FII Derivative Trade Statistics 31-Aug
(Rs Cr) Buy
Sell Open Int.
Index Futures 5301.44 4950.75 11352.32
Index Options 177134.31 175739.88 53511.24
Stock Futures 15754.84 16562.08 88649.23
Stock Options 4921.24 4673.35 3217.60
Total 203111.83 201926.06 156730.39
31-Aug Prev_Day
Change
Put Call Ratio (OI) 1.17 1.64 -0.47
Put Call Ratio(Vol) 1.12 0.89 0.23
31-Aug Wk. Ago Mth. Ago
Year Ago
Call Rate 3.45% 3.43% 3.48% 5.38%
T-Repo 3.02% 3.08% 3.16% 5.25%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.25% 3.12% 3.27% 5.35%
364 Day T-Bill 3.56% 3.45% 3.46% 5.70%
10 Year Gilt 6.08% 6.18% 5.84% 6.56%
G-Sec Vol. (Rs.Cr) 36058 31638 33111 29394
FBIL MIBOR
[1]
3.74% 3.75% 3.86% 5.45%
3 Month CP Rate 3.50% 3.40% 3.65% 5.90%
5 Year Corp Bond 6.90% 6.87% 6.33% 7.54%
1 Month CD Rate 3.17% 3.16% 3.22% 5.26%
3 Month CD Rate 3.34% 3.25% 3.33% 5.49%
1 Year CD Rate 3.84% 3.75% 3.75% 6.50%
Currency 31-Aug Prev_Day
Change
USD/INR 73.60 73.35 0.24
GBP/INR 98.13 97.28 0.84
EURO/INR 87.57 87.07 0.51
JPY/INR 0.70 0.69 0.01
Commodity 31-Aug Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 42.56 42.39 40.05 55.02
Brent Crude($/bl)
[1]
45.84 44.92 43.74 61.13
Gold( $/oz) 1970 1932 1975 1520
Gold(Rs./10 gm) 51246 52024 53615 38405
Source: Refinitiv
[1]
Data as on 28 Aug, 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
01 September 2020
Derivative Statistics- Nifty Options
Disclaimer:
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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) (formerly Reliance Nippon Life Asset Management Limited) 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
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damages, including on account of lost profits arising from the information contained in this material.
• Nifty Sep 2020 Futures stood at 11,401.95, a premium of 14.45 points
above the spot closing of 11,387.50. The turnover on NSE’s Futures and
Options segment rose to Rs. 23,48,238.21 crore on August 31, 2020,
compared with Rs. 14,02,335.91 crore on August 28, 2020.
• The Put-Call ratio stood at 1.12 compared with the previous session’s close
of 0.75.
• The Nifty Put-Call ratio stood at 1.17 compared with the previous session’s
close of 1.64.
• Open interest on Nifty Futures stood at 11.78 million, compared with the
previous session’s close of 12.72 million.
• Bond yields fell on bets that the Reserve Bank of India could not allow yields
to rise higher. Investors were also awaiting gross domestic product data due
later after market hours for additional interest rate indications.
• Yield on the present 10-year benchmark paper (5.79% GS 2030) fell 2 bps to
close at 6.08% compared to the previous day’s closing of 6.10% after
trading in a range of 6.07% to 6.11%.
• Yield on the upcoming new 10-year benchmark paper (5.77% GS 2030) fell 2
bps to close at 6.12% compared to the previous days close of 6.14% after
moving in a range of 6.11% to 6.15%.
• Banks borrowed Rs. 300 crore under the central bank’s marginal standing
facility on Aug 28, 2020 compared to that of no borrowing on Aug 27, 2020.
• The Indian rupee weakened amid the reported border conflict between
India and China. The rupee fell to 73.61 per dollar from the previous close of
73.39. Meanwhile, rupee rose 1.6% in Aug 2020, which is the fastest rise in
17 months.
• Euro rose for the second consecutive session against the U.S dollar after a
U.S. Federal Reserve policy shift on inflation.
• Gold prices rose as the greenback remained under pressure after the U.S.
Federal Reserve indicated a prolonged low interest rate strategy.
• Crude oil prices rose as hopes of global stimulus measures boosted the
demand outlook of the commodity.
• According to revised data released by the University of Michigan, U.S.
consumer sentiment index improved to upwardly revise of 74.1 from the
preliminary reading of 72.8 in Aug 2020 and 72.5 in Jul 2020. Consumer
expectations index went up to 68.5 in Aug 2020 from 65.9 in Jul 2020.
• Data from the Ministry of Land, Infrastructure, Transport and Tourism
showed, Japan's housing starts contracted 11.4% YoY in Jul 2020, slower
than 12.8% decline in Jun 2020. Annualized housing starts rose to 828,000
in Jul 2020 from 790,000 in the prior month.
• Personal income in the U.S. went up 0.4% in Jul 2020 compared with a 1.0%
decline in Jun 2020. Surprise rise in personal income was more than
accounted for by compensation of employees.
Markets for You
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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