Global Indices
Global Indices 09-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,735 1,687 47 2.81
Nasdaq 11,142 10,848 294 2.71
FTSE 6,013 5,930 83 1.39
Nikkei 23,033 23,274 -242 -1.04
Hang Seng 24,469 24,624 -155 -0.63
Indian Indices 09-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 38,194 38,365 -171 -0.45
Nifty 50 11,278 11,317 -39 -0.35
Nifty 100 11,398 11,435 -37 -0.32
Nifty 500 9,290 9,330 -40 -0.43
Nifty Bank 22,267 22,744 -477 -2.10
S&P BSE Power 1,675 1,670 5 0.32
S&P BSE Small Cap 14,302 14,438 -136 -0.94
S&P BSE HC 18,722 18,520 202 1.09
Date P/E Div. Yield P/E Div. Yield
9-Sep 27.98 1.01 32.33 1.49
Month Ago 26.37 1.02 30.72 1.47
Year Ago 26.12 1.25 27.05 1.39
Nifty 50 Top 3 Gainers
Company 09-Sep Prev_Day
% Change
Zee Ente. 222 214 3.65
Tata Steel 417 405 3.04
Cipla 728 708 2.73
Nifty 50 Top 3 Losers Domestic News
Company 09-Sep Prev_Day
% Change
SBI 195 204 -4.51
GAIL 91 95 -3.70
Bajaj Finserv Limited 6027 6234 -3.33
Advance Decline Ratio
BSE NSE
Advances 823 509
Declines 1867 1373
Unchanged 144 85
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 32658
MF Flows** 18837
*9
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 08 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
10 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
-157
7.22%
(Apr-20)
• Indian equity markets closed lower with investors concerned over the
military tension between India and China. Markets got a blow following
media reports that one of the major bio-pharma company based in U.K. has
voluntarily paused a randomized clinical trial of its coronavirus vaccine after
a volunteer developed an unexplained illness.
• Key benchmark indices S&P BSE Sensex and Nifty 50 lost 0.45% and 0.35%
to close at 38,193.92 and 11,278.00 respectively.
• The overall market breadth on BSE was weak with 823 scrips advancing and
1,867 scrips declining. A total of 144 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 1.78%
followed by S&P BSE Metal, up 1.26% and S&P BSE Healthcare, up 1.09%.
S&P BSE Bankex was the major loser, down 2.14% followed by S&P BSE
Finance, down 1.74% and S&P BSE Realty, down 1.5%.
• The Income Tax Department issued refunds of Rs. 1,01,308 crore to 27.55
lakh taxpayers between Apr 1 to Sep 8, 2020. It includes personal income
tax refunds amounting to Rs. 30,768 crore issued to 25.83 lakh taxpayers
and corporate tax refunds amounting to Rs. 70,540 crore issued to over
1.71 lakh taxpayers.
• The Ministry of Road Transport and Highways released Rs 10,339 crore to
developers during COVID-19 under the simplified payment process as
envisaged in the ambitious Atmanirbhar Bharat scheme and expedite
highways construction. Another sum of Rs. 2,475 crore is under process to
be released.
• Under Petroleum and Natural Gas Ministry, five Public Sector Undertakings
(PSUs) will be joining International Solar Alliance Coalition for Sustainable
Climate Action as Corporate Partners. These companies will be contributing
to alliance Corpus Fund.
• Rating agency Moody’s said while asset quality risks are increasing for
Indian banks amid the India’s economic contraction, risks from corporate
loans have decreased from the previous credit cycle (FY12-19 period).
• Silver Lake plans to invest Rs. 7,500 crore in Reliance Retail, subsidiary of
Reliance Industries for 1.75% stake in the company.
• JSW Steel reported 5% YoY growth in its crude steel production at 13.17
lakh tonnes (LT) in Aug 2020 as against 12.53 LT in Aug 2019. On MoM
basis, JSW Steel's output rose 6% in Aug 2020 compared to 12.46 LT
produced in Jul 2020.
• Asian markets closed in the red amid worries that the testing of a highly
anticipated coronavirus vaccine, being developed by one of the U.K. based
drug maker and the University of Oxford could be delayed. The vaccine trial
was paused following an adverse reaction in a trial participant. Today (as on
Sep 10), markets are trading higher following overnight gains in the Wall
Street. Both Nikkei and Hang Seng are up 0.77% and 0.35% (as at 8:00 AM
IST), respectively.
• European markets went up, tracking positive cues from the U.S. markets,
which staged a smart rally following sell off in the past sessions on the back
of value buying.
• U.S. markets edged higher as traders went for picking up stocks at relatively
reduced levels following the recent sell-off.
Markets for You
FII Derivative Trade Statistics
09-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 3185.10 2973.93 9717.71
Index Options 182021.38 181580.17 59640.85
Stock Futures 12568.75 12130.75 83844.34
Stock Options 5113.88 5212.70 6282.38
Total 202889.11 201897.55 159485.28
09-Sep Prev_Day
Change
Put Call Ratio (OI) 1.20 1.22 -0.03
Put Call Ratio(Vol) 0.90 0.94 -0.04
09-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.43% 3.42% 3.44% 5.32%
T-Repo 3.20% 3.00% 3.18% 5.20%
Repo 4.00% 4.00% 4.00% 5.40%
Reverse Repo 3.35% 3.35% 3.35% 5.15%
91 Day T-Bill 3.29% 3.24% 3.25% 5.31%
364 Day T-Bill 3.60% 3.53% 3.47% 5.62%
10 Year Gilt 5.95% 5.92% 5.89% 6.58%
G-Sec Vol. (Rs.Cr) 32237 60105 36416 29021
FBIL MIBOR
[1]
3.75% 3.72% 3.82% 5.45%
3 Month CP Rate 3.45% 3.45% 3.70% 5.80%
5 Year Corp Bond 6.77% 6.60% 6.54% 7.47%
1 Month CD Rate 3.23% 3.16% 3.16% 5.15%
3 Month CD Rate 3.39% 3.34% 3.31% 5.69%
1 Year CD Rate 3.90% 3.83% 3.75% 6.47%
Currency 09-Sep Prev_Day
Change
USD/INR 73.67 73.43 0.25
GBP/INR 95.49 96.56 -1.07
EURO/INR 86.75 86.81 -0.05
JPY/INR 0.70 0.69 0.00
Commodity 09-Sep
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 38.00 42.71 41.11 57.83
Brent Crude($/bl) 39.79 44.65 44.54 63.86
Gold( $/oz) 1947 1943 2035 1499
Gold(Rs./10 gm) 51066 51088 55922 38254
Source: Refinitiv
[1]
Data as on 08 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
10 September 2020
Derivative Statistics- Nifty Options
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• Nifty Sep 2020 Futures stood at 11,306.90, a premium of 28.90 points
above the spot closing of 11,278.00. The turnover on NSE’s Futures and
Options segment rose to Rs. 20,97,382.02 crore on September 09, 2020,
compared with Rs. 15,29,691.16 crore on September 08, 2020.
• The Put-Call ratio stood at 0.87 compared with the previous session’s close
of 0.9.
• The Nifty Put-Call ratio stood at 1.2 compared with the previous session’s
close of 1.22.
• Open interest on Nifty Futures stood at 10.63 million, compared with the
previous session’s close of 11.22 million.
• Bond yields fell for the first time in four sessions as market participants
resorted to bargain hunting. However, a section of market participants
preferred to exercise caution and awaited the outcome of the Reserve Bank
of India’s special open market operation due to be held on Sep 10, 2020.
• Yield on the 10-year benchmark paper (5.77% GS 2030) fell 7 bps to close at
5.99% compared to the previous days close of 6.06% after moving in a
range of 5.98% to 6.05%.
• Data from RBI showed that reserve money increased at an annualized rate
of 15.4% in the week to Sep 4, 2020, compared with an increase of 13.5% a
year earlier. The currency in circulation rose 22.6% during the week
compared with an increase of 13.0% a year earlier.
• The Indian rupee in the spot trade rose against the greenback due to
investment flows. However, risk aversion due to waning optimism over the
coronavirus vaccine capped the gains.
• The euro rose against the greenback amid reports that European Central
Bank officials have become more confident in their outlook for the recovery
of the euro zone economy.
• Gold prices rose as its safe haven appeal improved due to persisting
concerns over COVID-19 pandemic and worries about a delay in the
development of a vaccine.
• Brent crude prices rose on value buying. However, persisting concerns over
COVID-19 pandemic capped the gains.
• According to data from the Hellenic Statistical Authority, Greece's industrial
production fell by a working-day-adjusted 0.2% YoY in Jul 2020 after a 4.6%
decline in Jun 2020.
• According to the National Bureau of Statistics, China’s consumer price
inflation slowed to 2.4% in Aug 2020 as against 2.7% rise in Jul 2020. On a
monthly basis, consumer prices rose 0.4%. Similarly, producer prices fell 2%
YoY in Aug following 2.4% decline in the previous month.
• According to preliminary data from the Japan Machine Tool Builders'
Association, machine tool orders fell 23.3% YoY as against 31.1% decline in
Jul 2020. On a monthly basis, machine tool orders fell 2.7% in Aug.
Markets for You
