Mutual Fund News of 03 september 2020 – Nippon India Mutual Fund

Global Indices

Global Indices 02-Sep Prev_Day Abs. Change

% Change

Russell 3000 1,870 1,850 20 1.07

Nasdaq 12,056 11,940 117 0.98

FTSE 5,941 5,862 79 1.35

Nikkei 23,247 23,138 109 0.47

Hang Seng 25,120 25,185 -65 -0.26

Indian Indices 02-Sep Prev_Day Abs. Change

% Change

S&P BSE Sensex 39,086 38,901 185 0.48

Nifty 50 11,535 11,470 65 0.56

Nifty 100 11,661 11,587 74 0.64

Nifty 500 9,518 9,442 76 0.81

Nifty Bank 23,875 23,812 63 0.26

S&P BSE Power 1,740 1,713 27 1.60

S&P BSE Small Cap 14,652 14,413 239 1.66

S&P BSE HC 18,891 18,745 146 0.78

Date P/E Div. Yield P/E Div. Yield

2-Sep 28.50 0.98 32.71 1.44

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 02-Sep Prev_Day

% Change

Zee Ente. 218 202 8.10

M&M 643 608 5.79

Tata Motors 150 144 4.52

Nifty 50 Top 3 Losers Domestic News

Company 02-Sep Prev_Day

% Change

Bajaj Auto 2881 2958 -2.63

Asian Paints 1944 1979 -1.79

Hero Moto 2944 2996 -1.74

Advance Decline Ratio

BSE NSE

Advances 1613 1232

Declines 1069 649

Unchanged 143 94

Institutional Flows (Equity)

Description (Cr)

YTD

FII Flows* 34345

MF Flows** 21541

Sep 2020; **1

Sep 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 31 Aug, 2020

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

03 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

-264

574

7.22%

(Apr-20)

• Indian equity markets went up tracking positive global cues. Encouraging

manufacturing PMI data from U.S., China and euro zone, coupled with

expectation that U.S. policymakers would agree on additional stimulus kept

up the buoyancy in the markets. Domestically, investors shrugged off

border tensions with China which led to the volatility in the opening trades.

• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.48% and

0.56% to close at 39,086.03 and 11,535.00 respectively.

• The overall market breadth on BSE was strong with 1,613 scrips advancing

and 1,069 scrips declining. A total of 143 scrips remained unchanged.

• On the BSE sectoral front, all sectors gained. S&P BSE Energy was the major

gainer, up 1.8%, followed by S&P BSE Industrials and S&P BSE Power, up

1.7% and 1.6%, respectively. S&P BSE Metal and S&P BSE Telecom gained

1.49% and 1.34% respectively.

• Capital market regulator Securities and Exchange Board of India (SEBI)

mandated that entities will not be required to make disclosures about

shares encumbered with trading and clearing members by way of pledge or

re-pledge in the depository system. The objective of the move is to improve

the ease of doing business within the country. .

• According to the Directorate General of Trade Remedies (DGTR), the Indian

government is considering imposing anti-dumping duty on a certain type of

fibre imported from European Union, Belarus, Ukraine and Peru. The move

is being considered as it has been found that acrylic fibre from these

countries were exported at below its associated normal value, which has

resulted in dumping.

• According to media reports, the Central Board of Indirect taxes and

Customs (CBIC) extended the validity of e-way bills till Nov 2020. The

objective of the move is to provide some assistance to the industries that

has been facing labour and transformational issues as several state

governments have imposed mini lockdowns or weekend lockdowns to

combat the COVID-19 pandemic.

• According to a major domestic credit rating agency, demand for electricity

in the country improved to about 98% of pre-COVID-19 level in Aug 2020.

This came on the back of a recovery in rural areas. Meanwhile, electricity

demand in large industrial sets fell in the range of 6% to 15% on a yearly

basis in Jul 2020 due to slower recovery in industrial activity.

• Flipkart Wholesale, the digital company to the e-commerce giant Flipkart

Group's business marketplace, has launched its operations with a view to

transforming the retail ecosystem of Kirana by leveraging technology. It

would connect local producers with retailers and use technology to bring

the entire wholesale marketplace to their fingertips.

• RattanIndia Group sold its entire fleet of 306 Mw of solar power projects to

Global Infrastructure Partners (GIP), one of the largest private equity firms

in the renewable energy and infrastructure sector. The deal value is Rs.

1,670 crore.

• Majority of the Asian markets closed in the green with investors taking

positive cues from upbeat manufacturing PMI data from U.S. and euro zone

for Aug. However, gains were restricted following comments from U.S.

House Speaker suggesting serious differences over a coronavirus aid

package. Today (as on Sep 03), Asian markets were mostly trading higher

following rise on the Wall Street overnight. While Nikkei was trading higher

0.91%, Hang Seng was lower by 0.37% (as at 8 a.m. IST).

• European markets rose notably amid optimism about global economic

recovery due to fairly upbeat data on manufacturing activity from several

countries across the world.

• U.S. markets rose on optimism about the economy recovering from the

coronavirus-induced slowdown. Downbeat private jobs data from payroll

processor ADP in Aug 2020 was largely shrugged off by the market.

Markets for You

FII Derivative Trade Statistics 02-Sep

(Rs Cr) Buy

Sell Open Int.

Index Futures 7602.39 6566.31 10899.20

Index Options 323049.99 322389.87 59137.10

Stock Futures 18363.65 18547.51 86552.02

Stock Options 5984.10 6166.03 4798.31

Total 355000.13 353669.72 161386.63

02-Sep Prev_Day

Change

Put Call Ratio (OI) 1.36 1.29 0.07

Put Call Ratio(Vol) 0.94 0.91 0.02

02-Sep Wk. Ago Mth. Ago

Year Ago

Call Rate 3.42% 3.44% 3.48% 5.38%

T-Repo 3.00% 3.04% 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 3.24% 3.25% 3.27% 5.35%

364 Day T-Bill 3.53% 3.53% 3.46% 5.70%

10 Year Gilt 5.92% 6.16% 5.84% 6.56%

G-Sec Vol. (Rs.Cr) 60105 31017 33111 29394

FBIL MIBOR

[1]

3.78% 3.69% 3.86% 5.45%

3 Month CP Rate 3.45% 3.45% 3.65% 5.90%

5 Year Corp Bond 6.60% 6.92% 6.33% 7.54%

1 Month CD Rate 3.16% 3.13% 3.22% 5.26%

3 Month CD Rate 3.34% 3.44% 3.33% 5.49%

1 Year CD Rate 3.83% 3.83% 3.75% 6.50%

Currency 02-Sep Prev_Day

Change

USD/INR 73.01 72.82 0.19

GBP/INR 97.60 97.69 -0.09

EURO/INR 86.89 87.31 -0.42

JPY/INR 0.69 0.69 0.00

Commodity 02-Sep Wk Ago Mth. Ago

Year Ago

NYMEX Crude($/bl) 42.71 43.16 40.05 55.02

Brent Crude($/bl) 44.65 46.53 43.74 58.74

Gold( $/oz) 1943 1953 1975 1530

Gold(Rs./10 gm) 51088 51018 53615 38405

Source: Refinitiv

[1]

Data as on 31 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

03 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) 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

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directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the

information contained in this material.

• Nifty Sep 2020 Futures stood at 11,561.50, a premium of 26.50 points

above the spot closing of 11,535.00. The turnover on NSE’s Futures and

Options segment rose to Rs. 20,11,399.61 crore on September 02, 2020,

compared with Rs. 19,98,166.36 crore on September 01, 2020.

• The Put-Call ratio stood at 0.87 compared with the previous session’s close

of 0.91.

• The Nifty Put-Call ratio stood at 1.36 compared with the previous session’s

close of 1.29.

• Open interest on Nifty Futures stood at 11.19 million, compared with the

previous session’s close of 10.73 million.

• Bond yields fell for the fifth consecutive session as sentiment continued to

remain supported after the recent measures by the Reserve Bank of India

(RBI) to improve investor appetite.

• Yield on the present 10-year benchmark paper (5.79% GS 2030) stood

steady at 5.91% same as previous close after trading in a range of 5.90% to

5.94%.

• Yield on the upcoming new 10-year benchmark paper (5.77% GS 2030) fell 2

bps to close at 5.92% compared to the previous days close of 5.94% after

moving in a range of 5.91% to 5.96%.

• Banks borrowed Rs. 104 crore under the central bank’s marginal standing

facility on Sep 01, 2020 compared borrowing of Rs. 250 crore on Aug 31,

2020.

• The Indian rupee weakened against the U.S. dollar following upbeat U.S.

manufacturing activity data for Aug 2020 that led to a rebound in the U.S.

dollar index. The rupee fell to 73.03 per dollar from the previous close of

72.86.

• Euro fell for the second consecutive session against the U.S. dollar helped by

positive U.S. manufacturing data for Aug 2020.

• Gold prices fell as upbeat macroeconomic data from the U.S. made market

participants optimistic of a steady economic recovery.

• Brent crude prices fell as gasoline demand fell in the U.S. for the week

ended Aug 28, 2020.

• Payroll processor ADP released a report that U.S. private sector

employment rose by 428,000 jobs in Aug 2020 after rising by an upwardly

revised 212,000 jobs (addition of 167,000 jobs originally reported) in Jul

2020.

• UK house prices accelerated to 2.9% YoY in May 2020 from 2.7% rise in the

prior month. The average house price rose GBP 7,000 on yearly basis to GBP

236,000 in May 2020.

• U.S. factory orders jumped 6.4% in Jul 2020, similar to the previous month’s

upwardly revised rise (6.2% rise originally reported). Factory orders rose as

orders for durable goods surged 11.4% in Jul 2020.

• Preliminary data showed, Germany's retail sales grew 4.2% YoY in Jul 2020,

slower than 6.7% rise in Jun 2020 (5.9% rise originally reported).

Markets for You