Global Indices
Global Indices 08-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,687 1,753 -65 -3.73
Nasdaq 10,848 11,313 -465 -4.11
FTSE 5,930 5,937 -7 -0.12
Nikkei 23,274 23,090 184 0.80
Hang Seng 24,624 24,590 35 0.14
Indian Indices 08-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 38,365 38,417 -52 -0.14
Nifty 50 11,317 11,355 -38 -0.33
Nifty 100 11,435 11,478 -44 -0.38
Nifty 500 9,330 9,379 -49 -0.53
Nifty Bank 22,744 22,945 -201 -0.87
S&P BSE Power 1,670 1,692 -22 -1.28
S&P BSE Small Cap 14,438 14,573 -136 -0.93
S&P BSE HC 18,520 18,756 -236 -1.26
Date P/E Div. Yield P/E Div. Yield
8-Sep 27.97 1.01 32.44 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
Company 08-Sep Prev_Day
% Change
BPCL 412 400 2.97
HCL Tech 726 709 2.41
Infosys 939 925 1.54
Nifty 50 Top 3 Losers Domestic News
Company 08-Sep Prev_Day
% Change
Bharti Infratel 213 231 -7.79
Tata Motors 142 149 -4.75
Zee Ente. 214 224 -4.55
Advance Decline Ratio
BSE NSE
Advances 955 579
Declines 1754 1288
Unchanged 157 94
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 32815
MF Flows** 18837
*8
th
Sep 2020; **4
th
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 07 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
09 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
-640
169
7.22%
(Apr-20)
• Indian equity markets gave up its intra-day gains to closed in the red
following fresh instance of confrontation between India and China on their
border in the western Himalayas. This led to further escalation of military
tension between the nuclear armed nation. Initial weak cues from the
European markets also weighed on market sentiments.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.14% and 0.33%
to close at 38,365.35 and 11,317.35 respectively.
• The overall market breadth on BSE was weak with 955 scrips advancing and
1,754 scrips declining. A total of 157 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE IT was the major gainer, up 1.35%
followed by S&P BSE Energy, up 0.86% and S&P BSE Teck, up 0.31%. S&P
BSE Telecom was the major loser, down 4.01% followed by S&P BSE Metal,
down 2.96% and S&P BSE Basic Materials, down 1.91%.
• According to India Meteorological Department (IMD), has predicted near-
normal rains for Sep 2020, potentially saving the kharif crops from any large
scale damage, which is lower than heavy rains seen in Aug 2020.
• According to the Controller General of Accounts, government’s capital
expenditure (capex) in the Jun quarter of 2020 rose 40% YoY to Rs. 88,273
crore. On the other hand, capex fell 47% YoY to Rs. 23,576 crore.
• According to a global rating agency, India’s Gross Domestic Product (GDP) is
forecasted to contract sharply by 10.5% in the current financial year (FY21),
higher than earlier estimate of 5% fall. Agency said, the severe fall in
activity has damaged household and corporate incomes and balance sheets,
amid limited fiscal support.
• The Union Labour and Employment Ministry said, the Employees' Provident
Fund Organisation (EPFO) settled 94.41 lakh claims totalling Rs. 35,445
crore during FY21 till Aug despite COVID-19 related restrictions. Growth in
claim settlement was higher by 32% while the amount disbursed rose
around 13%.
• Byju 's reported a new round of private equity investment from giant Silver
Lake. Tiger Global, General Atlantic and Owl Ventures also participated in
this round. The fund raised is estimated to be worth $500 million, at a $10.8
billion valuation.
• General Insurance Corporation of India (GIC Re) has reported a consolidated
net loss of Rs. 497 crore in the quarter ended Jun 2020 as against a net
profit of Rs. 192 crore in same quarter last fiscal. The company reported a
pre-tax loss of Rs. 783 crore in first quarter of FY21 as against a pre-tax
profit of Rs. 159 crore in first quarter of FY20.
• Asian markets largely closed in the green despite U.S.- China tensions and
weakness in the Japanese economic growth numbers in the second
quarter. With U.S. markets closed on Sep 7, investors tracked overnight
gains in European markets. Today (as on Sep 9), markets are trading low
tracking overnight weakness in U.S. and European markets. Both Nikkei and
Hang Seng are down 1.46% and 1.34% (as at 8:00 AM IST), respectively.
• European markets closed lower after data showed euro zone GDP
registered its sharpest decline on record in the second quarter. Concerns
about spikes in coronavirus cases in several parts across Europe and rising
possibilities of a no-deal Brexit too contributed to the weakness in
European markets.
• U.S. markets closed in the red, extending pullback seen over the previous
session. Investors continued to cash in on recent strength in the markets.
Markets for You
FII Derivative Trade Statistics
08-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 3912.47 3259.48 10075.36
Index Options 177589.05 177921.78 59530.96
Stock Futures 11255.08 11304.87 84822.62
Stock Options 4821.99 4868.22 6140.92
Total 197578.59 197354.35 160569.86
08-Sep Prev_Day
Change
Put Call Ratio (OI) 1.22 1.23 -0.01
Put Call Ratio(Vol) 0.94 0.87 0.06
08-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.39% 3.43% 3.44% 5.37%
T-Repo 3.17% 3.00% 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 3.40% 3.21% 3.25% 5.30%
364 Day T-Bill 3.52% 3.54% 3.47% 5.65%
10 Year Gilt 6.00% 5.91% 5.89% 6.60%
G-Sec Vol. (Rs.Cr) 37930 60105 36416 36013
FBIL MIBOR
[1]
3.77% 3.78% 3.82% 5.50%
3 Month CP Rate 3.45% 3.45% 3.70% 5.85%
5 Year Corp Bond 6.78% 6.67% 6.54% 7.48%
1 Month CD Rate 3.23% 3.16% 3.16% 5.14%
3 Month CD Rate 3.39% 3.34% 3.31% 5.73%
1 Year CD Rate 3.79% 3.83% 3.75% 6.47%
Currency 08-Sep Prev_Day
Change
USD/INR 73.43 73.28 0.14
GBP/INR 96.56 96.84 -0.28
EURO/INR 86.81 86.70 0.11
JPY/INR 0.69 0.69 0.00
Commodity 08-Sep
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 36.82 42.71 41.11 56.40
Brent Crude($/bl) 37.98 45.65 44.54 61.57
Gold( $/oz) 1931 1970 2035 1507
Gold(Rs./10 gm) 50967 51521 55922 38185
Source: Refinitiv
[1]
Data as on 07 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
09 September 2020
Derivative Statistics- Nifty Options
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• Nifty Sep 2020 Futures stood at 11,319.85, a premium of 2.50 points above
the spot closing of 11,317.35. The turnover on NSE’s Futures and Options
segment rose to Rs. 15,29,691.16 crore on September 08, 2020, compared
with Rs. 13,27,890.78 crore on September 07, 2020.
• The Put-Call ratio stood at 0.9 compared with the previous session’s close of
0.88.
• The Nifty Put-Call ratio stood at 1.22 compared with the previous session’s
close of 1.23.
• Open interest on Nifty Futures stood at 11.22 million, compared with the
previous session’s close of 11.42 million.
• Bond yields rose for the third consecutive session amid concerns over
renewed tensions at the border between India and China. Worries over the
upcoming supply of sovereign debt also weighed on the market sentiment.
• Yield on the 10-year benchmark paper (5.77% GS 2030) rose 7 bps to close
at 6.06% compared to the previous days close of 5.99% after moving in a
range of 6.01% to 6.06%.
• Banks borrowed Rs. 92 crore under the central bank’s marginal standing
facility on Sep 07, 2020 compared to that of Sep 4, 2020 when banks
borrowed none.
• The Indian rupee in the spot trade weakened against the greenback due to
renewed tensions at the border between India and China. The rupee closed
at 73.60 per U.S. dollar, down 0.35% compared to the previous closing of
73.34 per U.S. dollar.
• The euro weakened against the greenback ahead of the outcome of the
European Central Bank monetary policy review which is due on Sep 10,
2020.
• Gold prices rose as concerns over Brexit uncertainty and persisting concerns
over COVID-19 pandemic prompted investors to seek refuge in the safe
haven metal
• Brent crude prices fell due to persisting concerns over COVID-19 pandemic.
• According to data from Destatis, Germany’s exports rose 4.7% MoM in Jul
2020 as against 14.9% increase in Jun 2020. Imports rose 1.1% MoM in Jul
2020 as against 7% a month ago. As a result, the trade surplus rose to a
seasonally adjusted EUR 18 billion from EUR 14.5 billion a month ago.
• According to Cabinet Office, Japan’s gross domestic product (GDP) fell 7.9%
sequentially as against 7.8% fall estimated initially due to a sharp downward
revision in capital investment. On an annualized basis, GDP fell 28.1% in the
second quarter compared to 27.8% decline estimated earlier.
Markets for You
