Global Indices
Global Indices 04-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,753 1,779 -27 -1.50
Nasdaq 11,313 11,458 -145 -1.27
FTSE 5,799 5,851 -52 -0.89
Nikkei 23,205 23,466 -260 -1.11
Hang Seng 24,695 25,008 -312 -1.25
Indian Indices 04-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 38,357 38,991 -634 -1.63
Nifty 50 11,334 11,527 -194 -1.68
Nifty 100 11,465 11,663 -198 -1.70
Nifty 500 9,378 9,535 -157 -1.64
Nifty Bank 23,012 23,531 -519 -2.21
S&P BSE Power 1,697 1,742 -45 -2.59
S&P BSE Small Cap 14,603 14,761 -158 -1.07
S&P BSE HC 18,734 19,025 -290 -1.53
Date P/E Div. Yield P/E Div. Yield
4-Sep 28.21 1.00 32.49 1.48
Month Ago 26.27 1.03 30.39 1.49
Year Ago 25.78 1.27 26.61 1.42
Nifty 50 Top 3 Gainers
Company 04-Sep Prev_Day
% Change
Maruti 7190 7073 1.66
Zee Ente. 220 220 0.07
Nifty 50 Top 3 Losers Domestic News
Company 04-Sep Prev_Day
% Change
Axis Bank 455 475 -4.16
Tata Steel 421 438 -3.83
JSW Steel 282 293 -3.77
Advance Decline Ratio
BSE NSE
Advances 948 553
Declines
1787 1342
Unchanged 178 83
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 35454
MF Flows** 21541
*4
th
Sep 2020; **1
st
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)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
07 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
-119
7.22%
(Apr-20)
• Indian equity markets went down as rising COVID-19 cases and ongoing
geo-political tensions between India and China continued to weigh on
investor sentiments.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 1.63% and 1.68%
to close at 38,357.18 and 11,333.85 respectively. S&P BSE MidCap and S&P
BSE SmallCap lost 1.74% and 1.07% respectively.
• The overall market breadth on BSE was weak with 948 scrips advancing and
1,787 scrips declining. A total of 178 scrips remained unchanged.
• On the BSE sectoral front, all sectors lost. S&P BSE Metal was the major
loser, down 2.99%, followed by S&P BSE Power and S&P BSE Telecom,
down 2.59% and 2.57%, respectively. S&P BSE Realty and S&P BSE Bankex
lost 2.19% and 2.18% respectively.
• A major global credit rating agency has downgraded the credit rating of
four state run banks which are namely Bank of Baroda, Bank of India,
Canara Bank and Union Bank of India. The rating agency attributed the
downgrade to the COVID-19 pandemic which has weakened the credit
profile of the borrowers and affected the asset quality of the Indian banks.
• According to the Minister of Heavy Industries and Public Enterprises, the
government is examining the suggestion given by the automobile industry
for a temporary reduction in Goods and Services Tax across all categories of
vehicles and the details of the proposal are being worked out by the
finance minister.
• According to the Union Minister of Agriculture & Farmers’ Welfare, a record
area of 1095.38 lakh hectares has been covered in the current season of
Kharif 2020. The minister further added that there has been no impact of
the COVID-19 pandemic on progress of area coverage under kharif crops as
on date.
• Data from Reserve bank of India showed that India's foreign exchange
reserves rose for the second straight week to hit a record high of $541.43
billion for the week ended Aug 28, 2020, from $537.55 billion in the
previous week. Foreign exchange reserves rose primarily due to an increase
in foreign currency assets that rose to $498.09 billion from $494.17 billion
in the previous week. However, gold assets fell marginally to $37.20 billion
from $37.26 billion in the prior week.
• Infosys announced it has acquired Kaleidoscope Innovation, a U.S.-based
product design company, for $42 million to extend its engineering service
offerings across the U.S. in medical devices, automotive and industrial
markets.
• Paytm, digital financial services firm, announced that its revenue increased
to Rs 3,629 crore in FY20 following increased transaction numbers across
different segments and point of sale devices. However, the company said
that its losses have narrowed by 40% YoY.
• Asian markets slipped tracking overnight weakness in U.S. markets which
went down due to a steep decline in tech shares amid concerns about
excessive valuations in the sector. Today (as on Sep 7), markets are trading
mixed with investors closely tracking the developments on the trade deal
between U.S. and China. While, Nikkei is down 0.17%, Hang Seng is up
0.55% (as at 8:00 AM IST).
• European markets closed in the red as lack of encouraging data from
Germany, continued Brexit concerns, and worries about coronavirus
outweighed data showing notable addition of jobs and a drop in U.S.
unemployment.
• U.S. markets edged lower with technology stocks contributing to the sell-
off once again, as traders continued to cash in on the recent strength in the
sector.
Markets for You
FII Derivative Trade Statistics
04-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 3634.43 4406.32 10300.36
Index Options 364913.04 362338.38 50411.57
Stock Futures 12442.65 13618.45 88023.48
Stock Options 4133.30 4186.10 5648.93
Total 385123.42 384549.25 154384.34
04-Sep Prev_Day
Change
Put Call Ratio (OI) 1.22 1.33 -0.10
Put Call Ratio(Vol) 0.87 1.04 -0.18
04-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.43% 3.43% 3.39% 5.35%
T-Repo 3.02% 3.02% 3.18% 5.22%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.23% 3.27% 3.27% 5.37%
364 Day T-Bill 3.52% 3.58% 3.47% 5.67%
10 Year Gilt 5.95% 6.10% 5.83% 6.55%
G-Sec Vol. (Rs.Cr) 33531 41748 28088 33606
FBIL MIBOR 3.71% 3.74% 3.86% 5.45%
3 Month CP Rate 3.45% 3.45% 3.65% 5.85%
5 Year Corp Bond 6.59% 6.93% 6.45% 7.37%
1 Month CD Rate 3.17% 3.17% 3.16% 5.19%
3 Month CD Rate 3.33% 3.35% 3.33% 5.63%
1 Year CD Rate 3.80% 3.86% 3.76% 6.49%
Currency 04-Sep Prev_Day
Change
USD/INR 73.34 73.36 -0.02
GBP/INR 97.35 97.47 -0.12
EURO/INR 86.85 86.55 0.30
JPY/INR 0.69 0.69 0.00
Commodity 04-Sep Wk Ago
Mth. Ago
Year Ago
NYMEX Crude($/bl) 39.64 42.91 41.62 56.17
Brent Crude($/bl) 40.71 45.84 44.54 60.92
Gold( $/oz) 1932 1964 2018 1552
Gold(Rs./10 gm) 50940 50981 53772 39011
Source: Refinitiv
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
07 September 2020
Derivative Statistics- Nifty Options
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• Nifty Sep 2020 Futures stood at 11,351.75, a premium of 17.90 points
above the spot closing of 11,333.85. The turnover on NSE’s Futures and
Options segment fell to Rs. 13,27,309.60 crore on September 04, 2020,
compared with Rs. 35 86 271.15 crore on September 03, 2020.
• The Put-Call ratio stood at 0.88 compared with the previous session’s close
of 0.92.
• The Nifty Put-Call ratio stood at 1.22 compared with the previous session’s
close of 1.33.
• Open interest on Nifty Futures stood at 11.41 million, compared with the
previous session’s close of 11.38 million.
• Bond yields rose as primary auction cut-offs suggested yields might not fall
sharply amid the Reserve Bank of India's bond-supporting measures.
• Yield on the 10-year benchmark paper (5.77% GS 2030) rose 3 bps to close
at 5.93% compared to the previous days close of 5.90% after moving in a
range of 5.89% to 5.94%.
• Banks borrowed Rs. 5 crore under the central bank’s marginal standing
facility on Sep 03, 2020 compared borrowing of Rs. 215 crore on Sep 02,
2020.
• RBI on Aug 28, 2020 conducted the auction of four government securities
namely 5.22% GS 2025, 6.19% GS 2034 and 7.16% GS 2050 for a notified
amount of Rs. 30,000 crore. The cut of price (cut off yield) for 5.22% GS
2025, 6.19% GS 2034 and 7.16% GS 2050 subsequently stood at Rs. 99.90
(5.24%), Rs. 99.55 (6.24%) and Rs. 106.74 (6.64%), respectively.
• The Indian rupee in the spot trade rose against the greenback due to
persistent selling of the U.S. dollar by foreign banks.
• The euro fell against the greenback as the safe haven appeal of the latter
improved after data showed that nonfarm payroll employment in U.S.
slowed in Aug 2020. Euro closed at $1.1838, down 0.09% compared with
the previous close of $1.1849.
• Gold prices fell after the U.S. nonfarm payroll employment increased in Aug
2020 which lowered the safe haven appeal of the yellow metal.
• Brent crude prices fell as concerns over slow recovery from COVID-19
pandemic weighed on the market sentiment.
• U.S. non-farm payroll employment surged by 1.371 million jobs in Aug 2020,
slower than a downwardly revised 1.734 million jobs (1.763 million jobs
originally reported) in Jul 2020. Unemployment rate fell to 8.4% in Aug
2020 from 10.2% in Jul 2020.
• Survey results from IHS Markit showed, U.K. construction Purchasing
Managers' Index (PMI dropped surprisingly to 54.6 in Aug 2020 from 58.1 in
Jul 2020. Index reached near five-year high largely due to the lack of new
work to replace completed contracts.
• Data from Destatis showed, Germany's factory orders rose 2.8% MoM in Jul
2020, much slower than the 28.8% rise in Jun 2020. New orders rose for the
third consecutive month. Domestic orders fell 10.2% in Jul 2020, while
foreign orders grew 14.4%.
Markets for You
