Global Indices
Global Indices 10-Sep Prev_Day Abs. Change
% Change
Russell 3000 1,702 1,735 -33 -1.89
Nasdaq 10,920 11,142 -222 -1.99
FTSE 6,003 6,013 -10 -0.16
Nikkei 23,235 23,033 203 0.88
Hang Seng 24,314 24,469 -155 -0.64
Indian Indices 10-Sep Prev_Day Abs. Change
% Change
S&P BSE Sensex 38,840 38,194 646 1.69
Nifty 50 11,449 11,278 171 1.52
Nifty 100 11,563 11,398 165 1.45
Nifty 500 9,420 9,290 130 1.40
Nifty Bank 22,466 22,267 199 0.89
S&P BSE Power 1,685 1,675 10 0.59
S&P BSE Small Cap 14,483 14,302 181 1.27
S&P BSE HC 18,769 18,722 47 0.25
Date P/E Div. Yield P/E Div. Yield
10-Sep 28.62 0.99 32.82 1.46
Month Ago 26.67 1.01 31.23 1.46
Year Ago 26.12 1.25 27.05 1.39
Nifty 50 Top 3 Gainers
Company 10-Sep Prev_Day
% Change
RIL 2314 2161 7.06
BPCL 430 406 6.00
Asian Paints 2057 1979 3.92
Nifty 50 Top 3 Losers Domestic News
Company 10-Sep Prev_Day
% Change
Bharti Infratel 200 210 -4.99
Hindalco 177 183 -3.36
Tata Steel 408 417 -2.25
Advance Decline Ratio
BSE NSE
Advances 1789 1291
Declines 922 566
Unchanged 165 99
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* 31698
MF Flows** 18802
*10
th
Sep 2020; **9
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 09 Sep, 2020
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
11 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
-63
-960
7.22%
(Apr-20)
• Indian equity markets surged mainly led by stock specific movement after
one of the market heavy-weights reported that its retail arm has secured
Rs. 7,500 crore investment from one of the U.S.-based private equity firm.
Overnight positive cues from U.S. markets too soothed investor nerves.
• Key benchmark indices S&P BSE Sensex and Nifty 50 gained 1.69% and
1.52% to close at 38,840.32 and 11,449.25 respectively.
• The overall market breadth on BSE was strong with 1,789 scrips advancing
and 922 scrips declining. A total of 165 scrips remained unchanged.
• On the BSE sectoral front, S&P BSE Energy was the major gainer, up 6.26%
followed by S&P BSE Oil & Gas, up 3.59% and S&P BSE Consumer
Discretionary Goods & Services, up 1.15%. S&P BSE Telecom was the major
loser, down 1.42% followed by S&P BSE Metal, down 0.87% and S&P BSE
Consumer Durables, down 0.03%.
• The Supreme Court has extended loan repayment moratorium till Sep 28,
2020 that ended on Aug 31, 2020. The Supreme Court in this regard has
directed banks not to declare any loan as non performing asset due to non-
payment of instalments during the period.
• A major domestic credit rating agency projected a contraction of 9% for the
Indian economy in the current fiscal, down from its previous estimate of a
contraction of 5% which it projected in May. The downgrade comes due to
consistent increase in coronavirus infection cases across the country which
hasn’t shown any sign of peaking and inadequate fiscal support by the
government. The rating agency expects the agriculture sector to clock a
positive growth of 2.5% in this fiscal on the back of good monsoon and
healthy sowing of kharif crops.
• The Prime Minister launched Pradhan Mantri Matsya Sampada Yojana
(PMMSY) worth Rs. 25,000 crore. The objective of the move is to boost
production and exports in the fisheries sector and double the income of the
farmers. This is the highest investment made ever by the government in the
fisheries sector. The Prime Minister also launched a mobile app “e-Gopala”
that will provide solutions to farmers on issues related to livestock.
• The National Bank for Agriculture and Rural Development (NABARD) aims
to disburse crop loan to farmers worth Rs. 1.20 lakh crore for meeting their
production expenses this fiscal. The objective of the move is to provide
support to the agriculture sector amid the ongoing COVID-19 pandemic.
• Indiabulls Housing Finance has sold a portion of its interest in U.K.-based
OakNorth Bank to Boston-based investment company HighSage Ventures
LLC for Rs. 440 crore and will use the proceeds to raise its capital adequacy
ratio.
• Groww, the investment platform announced that it has raised Rs. 220 crore
from established investors Sequoia India, Ribbit Capital, Propel ventures
and a new investor YC Consistency in the Series C funding round.
• Asian markets witnessed a mixed trend as positive vibes generated from
overnight gains in Wall Street was neutralised by caution ahead to the
European Central Bank's monetary policy decision due later in the day.
Today (as on Sep 11), markets are trading higher despite overnight losses in
Wall Street. Both Nikkei and Hang Seng are up 0.30% and 0.16% (as at 8:00
AM IST), respectively.
• European markets fell after European Central Bank kept interest rates
unchanged and said it expected the euro zone to suffer a smaller recession
than it had feared.
• U.S. markets closed in the red after the Senate Republicans failed to
advance a new coronavirus stimulus bill.
Markets for You
FII Derivative Trade Statistics
10-Sep
(Rs Cr) Buy
Sell Open Int.
Index Futures 3643.77 4369.44 9766.14
Index Options 248397.03 246983.26 63429.79
Stock Futures 14386.08 14194.71 84310.75
Stock Options 6354.97 6378.18 6526.59
Total 272781.85 271925.59 164033.27
10-Sep Prev_Day
Change
Put Call Ratio (OI) 1.46 1.20 0.26
Put Call Ratio(Vol) 0.96 0.90 0.06
10-Sep Wk. Ago Mth. Ago
Year Ago
Call Rate 3.42% 3.42% 3.43% 5.32%
T-Repo 3.20% 3.00% 3.20% 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 3.25% 3.22% 3.29% 5.31%
364 Day T-Bill 3.39% 3.55% 3.48% 5.62%
10 Year Gilt 5.97% 5.92% 5.89% 6.58%
G-Sec Vol. (Rs.Cr) 16715 47908 26971 29021
FBIL MIBOR
[1]
3.64% 3.67% 3.78% 5.45%
3 Month CP Rate 3.45% 3.45% 3.70% 5.80%
5 Year Corp Bond 6.78% 6.61% 6.54% 7.47%
1 Month CD Rate 3.23% 3.12% 3.06% 5.15%
3 Month CD Rate 3.34% 3.32% 3.33% 5.69%
1 Year CD Rate 3.90% 3.83% 3.80% 6.47%
Currency 10-Sep Prev_Day
Change
USD/INR 73.35 73.67 -0.32
GBP/INR 95.51 95.49 0.02
EURO/INR 86.78 86.75 0.03
JPY/INR 0.69 0.70 0.00
Commodity 10-Sep
Wk Ago Mth. Ago
Year Ago
NYMEX Crude($/bl) 37.20 41.34 41.89 57.32
Brent Crude($/bl) 39.49 41.73 43.78 63.52
Gold( $/oz) 1954 1931 2027 1486
Gold(Rs./10 gm) 51416 50840 55331 38254
Source: Refinitiv
[1]
Data as on 09 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
11 September 2020
Derivative Statistics- Nifty Options
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• Nifty Sep 2020 Futures stood at 11,455.35, a premium of 6.10 points above
the spot closing of 11,449.25. The turnover on NSE’s Futures and Options
segment rose to Rs. 45,81,697.77 crore on September 10, 2020, compared
with Rs. 20,97,382.02 crore on September 09, 2020.
• The Put-Call ratio stood at 0.83 compared with the previous session’s close
of 0.87.
• The Nifty Put-Call ratio stood at 1.46 compared with the previous session’s
close of 1.2.
• Open interest on Nifty Futures stood at 10.8 million, compared with the
previous session’s close of 10.63 million.
• Bond yields rose as market participants awaited the outcome of the weekly
debt auction which is due on Sep 11, 2020 and retail inflation data for Aug
2020 which is due next week. Concerns over excessive supply of sovereign
debt in the market also weighed on the market sentiment.
• Yield on the 10-year benchmark paper (5.77% GS 2030) rose 6 bps to close
at 6.05% compared to the previous days close of 5.99% after moving in a
range of 5.98% to 6.05%.
• Banks borrowed Rs. 990 crore under the central bank’s marginal standing
facility on Sep 09, 2020 compared to that of Sep 8, 2020 when banks
borrowed Rs. 1,614 crore.
• The Indian rupee in the spot trade rose against the greenback following
gains in the domestic equity market. The rupee closed at 73.46 per U.S.
dollar, up 0.10% compared to the previous closing of 73.53 per U.S. dollar.
• The euro rose against the greenback after the European Central Bank chief
indicated that it was unlikely to undertake measures to weaken the euro
despite its recent gains.
• Gold prices rose after initial jobless claims in U.S. for the week ended Sep 5,
2030 came weaker than expected.
• Brent crude prices fell U.S. crude stockpiles rose unexpectedly in the week
ended Sep 4, 2020.
• European Central Bank (ECB) has left its key interest rates unchanged as
expected - main refi rate was retained at a record low zero and the deposit
rate and lending rate was kept at -0.50% and 0.25%, respectively.
• According to the Cabinet Office, Japan’s total value of core machine orders
gained a seasonally adjusted 6.3% MoM in Jul 2020 coming in at 751.3
billion yen as against following the 7.6% decline in Jun 2020. On a yearly
basis, core machine orders fell 16.2% in Jul after tumbling 22.5% in the
previous month.
• According to survey data from the Royal Institution of Chartered Surveyors,
U.K. house price balance rose to +44% in Aug 2020, highest since 2016, from
+13% registered in Jul 2020.
Markets for You
