Mutual Fund News of 08 september 2020 – Nippon India Mutual Fund

Global Indices

Global Indices 07-Sep Prev_Day Abs. Change

% Change

Russell 3000

[1]

1,753 1,779 -27 -1.50

Nasdaq

[1]

11,313 11,458 -145 -1.27

FTSE 5,937 5,799 138 2.39

Nikkei 23,090 23,205 -115 -0.50

Hang Seng 24,590 24,695 -106 -0.43

Indian Indices 07-Sep Prev_Day Abs. Change

% Change

S&P BSE Sensex 38,417 38,357 60 0.16

Nifty 50 11,355 11,334 21 0.19

Nifty 100 11,478 11,465 13 0.12

Nifty 500 9,379 9,378 1 0.01

Nifty Bank 22,945 23,012 -66 -0.29

S&P BSE Power 1,692 1,697 -5 -0.29

S&P BSE Small Cap 14,573 14,603 -29 -0.20

S&P BSE HC 18,756 18,734 22 0.12

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

7-Sep 28.10 1.00 32.55 1.48

Month Ago 26.37 1.02 30.72 1.47

Year Ago 26.07 1.25 26.91 1.40

Nifty 50 Top 3 Gainers

07-Sep Prev_Day

% Change

231 215 7.

592 575 2.99

Company

Bharti Infratel

HDFC Standard Life Insurance Co.

Dr.Reddy

4420 4323 2.

Nifty 50 Top 3 Losers Domestic News

Company 07-Sep Prev_Day

% Change

M&M 610 632 -3.41

United Phos 494 508 -2.75

Bajaj Finance 3505 3597 -2.55

Advance Decline Ratio

BSE NSE

Advances 1190 760

Declines 1547 1126

Unchanged 176 86

Institutional Flows (Equity)

Description (Cr)

YTD

FII Flows* 32646

MF Flows** 18877

Sep 2020; **4

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 04 Sep, 2020

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

08 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

-599

-2807

7.22%

(Apr-20)

• Indian equity markets advanced cautiously as investors continued to

monitor the developments on Indo-China Line of Actual Control (LAC) issue.

Meanwhile, growing cases of COVID-19 cases kept investors on

tenterhooks.

• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.16% and

0.19% to close at 38,417.23 and 11,355.05 respectively.

• The overall market breadth on BSE was weak with 1,190 scrips advancing

and 1,547 scrips declining. A total of 176 scrips remained unchanged.

• On the BSE sectoral front, S&P BSE IT was the major gainer, up 0.81%

followed by S&P BSE FMCG, up 0.73% and S&P BSE Teck, up 0.72%. S&P BSE

Realty was the major loser, down 0.82% followed by S&P BSE Utilities,

down 0.76% and S&P BSE Basic Materials, down 0.59%.

• India’s domestic crude oil production and consumption contracted 6.1%

and 21.4% YoY, respectively till July of FY21. Crude oil import also fell

23.7% YoY to 419 million barrels of crude during the similar period. Natural

gas production and consumption fell 14.2% and 11.1%, respectively.

Meanwhile, natural gas imports in the form of LNG dropped 7.7%.

• The Central Board of Indirect Taxes and Customs said faceless assessment

for all imported goods will be rolled out pan India by the customs

department by Oct 31, 2020. It was first rolled out in Bengaluru and

Chennai ports on Jun 8 and extended to Delhi and Mumbai Customs on Aug

3, 2020.

• The government plans to review crop planting across the country to align

agricultural planning with changes in climate and rainfall patterns. The

focus of this exercise is to move towards precision agriculture with

optimum water and nutrient use through drip, fertigation, conservation

agriculture, mechanization.

• The Finance Industry Development Council (FIDC), a representative body of

non-banking finance companies urged Finance Minister to drop additional

provisioning requirements for NBFCs on accounts restructured under the

one-time loan restructuring scheme.

• M

aruti Suzuki India announced that its total production increased by 11% in

Aug 2020 to 1,23,769 units as against total of 1,11,370 units in the same

month last year. Passenger vehicles production stood at 1,21,381 units last

month as compared to 1,10,214 units in Aug 2019.

• Future Lifestyle Fashions reported a consolidated net loss of Rs. 352.95

crore for the first quarter ended Jun 2020 as against net profit of Rs. 24.54

crore in same quarter last year on account of lower income. Total income in

the quarter under review stood at Rs. 96.38 crore as against Rs 1,551.11

crore in the corresponding period a year ago.

• Majority of the Asian markets closed lower, dragged by fresh instance of

U.S. – China trade tension following media reports that U.S. government is

considering adding China's largest chipmaker to a trade blacklist. Today, as

on Sep 8, markets are trading higher with investors monitoring the

geopolitical developments. Both Nikkei and Hang Seng are up 0.31% and

0.80% (as at 8:00 AM IST), respectively.

• European markets went up, led by optimism about coronavirus vaccines,

reports showing a significant improvement in eurozone investor confidence

in Sep, and a strong rise in U.K. house prices in the month of Aug.

• U.S. markets remained closed due to Labor Day.

Markets for You

FII Derivative Trade Statistics

07-Sep

(Rs Cr) Buy

Sell Open Int.

Index Futures 4678.07 5374.18 10006.38

Index Options 182023.86 181958.83 54490.95

Stock Futures 14535.82 15139.08 84377.92

Stock Options 5263.45 5285.81 5888.41

Total 206501.20 207757.90 154763.66

07-Sep Prev_Day

Change

Put Call Ratio (OI) 1.23 1.22 0.01

Put Call Ratio(Vol) 0.87 0.87 0.00

07-Sep Wk. Ago Mth. Ago

Year Ago

Call Rate 3.42% 3.45% 3.44% 5.37%

T-Repo 3.12% 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 3.20% 3.25% 3.25% 5.30%

364 Day T-Bill 3.57% 3.56% 3.47% 5.65%

10 Year Gilt 5.96% 6.08% 5.89% 6.60%

G-Sec Vol. (Rs.Cr) 30705 36058 36416 36013

FBIL MIBOR

[1]

3.71% 3.78% 3.82% 5.50%

3 Month CP Rate 3.45% 3.50% 3.70% 5.85%

5 Year Corp Bond 6.67% 6.90% 6.54% 7.48%

1 Month CD Rate 3.16% 3.17% 3.16% 5.14%

3 Month CD Rate 3.33% 3.34% 3.31% 5.73%

1 Year CD Rate 3.81% 3.84% 3.75% 6.47%

Currency 07-Sep Prev_Day

Change

USD/INR 73.28 73.34 -0.05

GBP/INR 96.84 97.35 -0.51

EURO/INR 86.70 86.85 -0.15

JPY/INR 0.69 0.69 0.00

Commodity 07-Sep

Wk Ago Mth. Ago

Year Ago

NYMEX Crude($/bl) 39.04 42.56 41.11 56.40

Brent Crude($/bl) 40.04 45.84 44.54 61.57

Gold( $/oz) 1929 1970 2035 1507

Gold(Rs./10 gm) 51008 51246 55922 38185

Source: Refinitiv

[1]

Data as on 04 Sep, 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

08 September 2020

Derivative Statistics- Nifty Options

Disclaimer:

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Debt Watch

Currency Market

Commodity Prices

Indian Debt Market

Currency Market Update

Commodity Market Update

International News

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

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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

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contained in these materials may reflect NAM India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the Investment Manager,

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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 11,365.90, a premium of 10.85 points

above the spot closing of 11,355.05. The turnover on NSE’s Futures and

Options segment rose to Rs. 13,27,890.78 crore on September 07, 2020,

compared with Rs. 13,27,309.60 crore on September 04, 2020.

• The Put-Call ratio remained unchanged compared with the previous

session’s close of 0.88.

• The Nifty Put-Call ratio stood at 1.23 compared with the previous session’s

close of 1.22.

• Open interest on Nifty Futures stood at 11.42 million, compared with the

previous session’s close of 11.41 million.

• Bond yields rose as market participants remained concerned over tepid

demand at the weekly debt auction on Sep 4, 2020. Worries that the steps

taken by the Reserve Bank of India are not enough compared to the debt

supply which is expected to hit the domestic debt market in the coming

months also weighed on the market sentiment.

• Yield on the 10-year benchmark paper (5.77% GS 2030) rose 6 bps to close

at 5.99% compared to the previous days close of 5.93% after moving in a

range of 5.94% to 6.00%.

• Banks did not borrow under the central bank’s marginal standing facility on

Sep 04, 2020 compared borrowing of Rs. 5 crore on Sep 03, 2020.

• RBI announced the auction of Government of India Dated Securities namely

5.09% GS 2022, 5.77% GS 2030, GOI FRB 2033 and 6.80% GS 2060 for a

notified amount of Rs. 30,000 crore. The auction will be carried out on Sep

11, 2020.

• The Indian rupee in the spot trade weakened against the greenback due to

dollar demand from state run bank.

• The euro weakened against the greenback as market participants preferred

to remain on the side-lines and awaited the outcome of the European

Central Bank monetary policy review which is due on Sep 10, 2020. Euro

closed at $1.1817, down 0.18% compared with the previous close of

$1.1838.

• Gold prices fell following better than expected U.S. nonfarm payroll

employment data for Aug 2020.

• Brent crude prices fell after Saudi Arabia made the deepest monthly price

cuts for supply to Asia in five months.

• According to the data from Destatis, Germany’s industrial production rose

1.2% MoM in Jul 2020 slower than 9.3% increase seen in Jun 2020. On a

yearly basis, industrial output fell 10% in Jul following 11.4% fall in Jun.

• According to data from the Cabinet Office, Japan’s leading index rose to

86.9 in Jul 2020 from 83.8 in Jun 2020. The coincident index increased to

76.2 in Jul from 74.4 in the previous month.

• According to data from Sentix, eurozone’s investor confidence rose to -8.0

in Sep 2020 from -13.4 in Aug 2020. The current situation index came in at -

33.0 in Sep as against -41.3 in the previous month.

Markets for You